China’s influence in Latin America may be significantly tested by the US revival of the Monroe Doctrine, as Washington’s attack on Venezuela is set to have a chilling effect on the region’s engagement with Beijing, analysts warn. In a surprise precision operation on Saturday, the US military struck Venezuela, captured its leader Nicolas Maduro and…
A series of consequential political developments and controversies made 2025 a significant year for Hong Kong. Hong Kong tycoon Li Ka-shing’s company CK Hutchison Holdings was caught in the crossfire of US-China tensions over a deal to sell its Panama Canal ports, which was eventually put on hold under pressure from Beijing. Locally, the city…
Beijing has appointed Zhang Yong, a senior staff member from a state-owned shipping and logistics services group, to serve as a deputy director in the central government’s liaison office in Hong Kong, the Ministry of Human Resources and Social Security announced on Wednesday. Zhang, executive vice-president of Chinese shipping conglomerate Cosco Shipping Group and also…
Hong Kong’s property tycoons made high-profile appearances to cast their ballots during Sunday’s Legislative Council election and urged the public to fulfil their civic duty. Sun Hung Kai Properties (SHKP) chairman and managing director Raymond Kwok Ping-luen voted at the Wong Chuk Hang Sports Centre in Aberdeen on Sunday morning. SHKP said it had introduced…
A state partnership would fundamentally alter the operating structure of two key Panama Canal ports and could trigger significant losses for Hong Kong billionaire Li Ka-shing’s CK Hutchison Holdings, which was facing mounting hurdles over a US$23 billion asset sale, experts said. The Hong Kong-based conglomerate is in the grip of a legal and political…
Panama’s chief prosecutor said on Tuesday that more than 160 actions have been taken so far in a high-profile investigation into alleged wrongdoing by Panama Ports Company, the unit of Hong Kong’s CK Hutchison Holdings that operates two Panama Canal ports, as the country finds itself in the crosshairs of a deepening power struggle between…
A deadline for exclusive talks on a US$23 billion sale of global port stakes by Hong Kong tycoon Li Ka-shing’s CK Hutchison Holdings passed without a deal on Sunday, with analysts expecting complex negotiations to be extended amid intense US-China geopolitical rivalry. The controversial transaction involved CK Hutchison selling stakes in 43 ports, including two…
The Hong Kong Chief Executive’s Council of Advisers has welcomed three new members, including two tech bosses from Hangzhou’s “Six Little Dragons” and a mainland Chinese economist who was a senior official with the International Monetary Fund (IMF). The government on Friday announced the appointment of 34 members to the second term of city leader…
Hong Kong businesses must consider national interests while pursuing commercial deals, the city’s leader has said, arguing that the two are not mutually exclusive. In an interview with the Post as he marked three years in office, Chief Executive John Lee Ka-chiu stressed the importance of local companies keeping national interests in mind while seeking…
Beijing’s point man overseeing Hong Kong affairs is set to visit the city later this month as it marks the fifth anniversary of the imposition of the national security law and he will speak on the occasion, the Post has learned. Sources told the Post that Xia Baolong, director of the Hong Kong and Macau…