Hong Kong’s CK Hutchison Holdings has said it would be impossible for the controversial Panama ports sale to proceed under any illegal or non-compliant circumstances after mainland China’s market regulator asked the parties involved not to circumvent an ongoing antitrust probe into the deal last month. Monday’s statement, the first directly issued by Li Ka-shing’s…
(Reuters) -Hong Kong’s CK Hutchison said on Monday that its closely monitored ports deal would strictly adhere to all required compliance standards and would never be executed illegally. “This transaction would never be carried out under any illegal or non-compliant circumstances,” the company said in a statement. The Hong Kong-based conglomerate, controlled by tycoon Li…
Hong Kong tycoon Li Ka-shing had made a rare public appearance, attending a concert at Kai Tak Stadium but declining to answer questions on his company’s controversial Panama Canal port deal. Li, 96, was sitting in a bike-like wheelchair, smiling and saying “thank you” to people waiting when he exited a lift at the stadium…
Hong Kong tycoon Li Ka-shing had made a rare public appearance, attending a concert at Kai Tak Stadium but declining to answer questions on his company’s controversial Panama Canal port deal. Li, 96, was sitting in a bike-like wheelchair, smiling and saying “thank you” to people waiting when he exited a lift at the stadium…
Hong Kong lawmakers on Thursday unanimously passed a motion calling for unity in countering US tariffs, with some calling on tycoon Li Ka-shing’s CK Hutchison Holdings not to go ahead with selling its Panama ports. The motion, put forward by lawmaker Ma Fung-kwok, urged authorities and the city’s industries to “resolutely dovetail with our country’s…
Sun Hung Kai Properties (SHKP) is launching another batch of flats in its Sierra Sea project in the New Territories following two consecutive sold-out weekends in one of Hong Kong’s largest residential projects in more than a quarter century. On Wednesday, Hong Kong’s largest developer will offer 150 flats in the 9,700-unit project in Shap…