Hong Kong tycoon Li Ka-shing's CK Hutchison Holdings sold its Panama ports business to a group of investors led by BlackRock. What does this episode tell us about Hong Kong today?

The company founded by 96-year-old Li Ka-shing is caught up in Donald Trump’s complaints about China’s influence

BlackRock ’s $22.8bn takeover of 43 ports owned by billionaire Li Ka-shing’s CK Hutchison, including two at either end of the Panama Canal — before it was announced on Tuesday. The president and top members of his administration,

US president’s Panama Canal move, while having made a lot of money for HK tycoon, is more like misdirected fire than a win over Beijing.

The company said the loss for 2024 could come in at HK$126.6 million (US$16.3 million) versus a profit of HK$17.3 million the previous year

Most of the stakes in key ports on the Panama Canal are owned by a Hong Kong-based company and are set to be sold off after Trump announced his waterway plans.

After a lifetime of dealmaking, 96-year-old Hong Kong billionaire Li Ka-shing may have just pulled off one of his boldest transactions yet.

Li Ka-shing, Larry Fink and Adebayo Ogunlesi picked up the phone and struck a $36 billion deal to take over 43 ports within weeks.

AFTER a lifetime of dealmaking, 96-year-old Hong Kong billionaire Li Ka-shing may have just pulled off one of his boldest transactions yet. Read more at The Business Times.

The trade war is already sending merger troops to the front line. BlackRock shook hands on a deal to buy ports along the Panama Canal and beyond from CK Hutchison for $23 billion. It helps boss Larry Fink shore up his infrastructure strategy and provides the Hong Kong-based conglomerate a useful escape from political crosshairs.