panama canal hong kong

Hong Kong Inc walks tightrope

After Trump threats, Hong Kong firm to sell stake in Panama Canal ports

Trump threatened to take back the canal because of what he called Chinese influence. CK Hutchison, a Hong Kong company, is selling its control in a firm that ran two ports on the canal.

Reuters · 3d

As Trump hails taking back of Panama Canal, Hong Kong Inc walks tightrope

The flash sale of a Hong Kong-owned global ports business highlights geopolitical volatility, executives and analysts said.

BBC on MSN · 4d

Hong Kong billionaire to sell Panama Canal ports to US firm

A Hong Kong-based company has agreed to sell most of its stake in two key ports on the Panama Canal to a group led by US investment firm BlackRock. The sale comes after weeks of complaining by President Donald Trump that the canal is under Chinese control and that the US should take control of the major shipping route.

4don MSN

BlackRock to take control of ports in Panama Canal from Hong Kong firm as US worries over Chinese influence grow

BlackRock, the world’s largest asset manager with a portfolio of investments valued at $11.5 trillion, has agreed to purchase majority stakes in ports on both sides of the Panama Canal from Hong ...

US Warned of Caribbean Becoming 'Chinese Lake'

Experts told Newsweek that Beijing could use the Trump administration's withdrawal of USAID to boost influence in the Caribbean.

CK Hutchison Shares Set to Open up 2.9%, Extending Previous Day's Gains

HONG KONG (Reuters) - Shares of CK Hutchison were set to open up 2.9% in Hong Kong on Thursday, extending the previous day's ...

Panama Port Deal Plants U.S. Flag in China-Dominated Sector

BlackRock’s move reflects the view that America’s best chance to counter China will hinge on private investment.

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