Mainland China’s market regulator has warned CK Hutchison Holdings and other parties involved in the controversial sale of the Hong Kong conglomerate’s overseas ports not to circumvent an ongoing antitrust probe into the deal, with some parts of the transaction reportedly set to be split up. The warning from a spokesman for the State Administration…
Beijing has signalled it will turn to its anti-monopoly law to review Hong Kong-based CK Hutchison Holdings’ controversial deal to sell its strategic Panama and other ports but legal academics told the Post it could be challenging for it to prove a “real risk” to competition. Experts and observers warned that the move could also…
Chinese Vice-President Han Zheng has called on British-owned conglomerate Swire Group to make new contributions in cementing Hong Kong’s status as an international aviation hub while playing an active role in the development of the Greater Bay Area. Han met Merlin Swire, chief executive of John Swire & Sons, who was in Beijing for the…
A leading French aeronautic services company plans to set up an aircraft parts processing and trading centre in Hong Kong’s Northern Metropolis, which will generate thousands of jobs and open up a lucrative industry as the first of its kind in Asia, the Post has learned. A source said on Thursday that Financial Secretary Paul…