Country: Hong Kong
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Chinese Battery Giant CATL Seeks $4 Billion in Hong Kong IPO
Chinese battery giant CATL makes its debut on the Hong Kong stock exchange on Tuesday, with the firm aiming to raise $4 billion in the largest initial public offering (IPO) in the city so far this year. A global leader in ...
Hong Kong Tycoon’s Panama Port Deal Sparks Chinese Immigration Marketing Frenzy
As China moves to block a high-profile international deal, the controversy has unexpectedly fueled a new wave of immigration marketing. On March 4, 2025, Hong Kong tycoon Li Ka-shing announced the $22.8 billion sale of his Panama Canal ports and 43 ...
Panama Canal Port Operator Calls Audit Claims ‘Contrary to Reality’
The Hong Kong firm in charge of two key Panama Canal ports rejected on Wednesday an audit that said it had failed to pay the $1.2 billion due under its concession. Panama Ports Company (PPC), a subsidiary of Hong Kong conglomerate ...
Panama Wants ‘Respectful’ Ties With U.S. Amid Canal Threats
Panama hopes to maintain a "respectful" relationship with the United States, even as President Donald Trump has repeated threats to retake the Panama Canal, Foreign Minister Javier Martinez-Acha said Saturday. His comments came ahead of a visit next week by U.S. ...
Ports, Power, and Politics: Behind the High-Stakes Battle Over CK Hutchison’s Panama Deal
By Alonso Illueca, CGSP Non-Resident Fellow for Latin America and the Caribbean This week, a multibillion-dollar deal was set to shift control of some 43 ports across 23 countries—but now, it’s at the center of an escalating geopolitical battle. The agreement ...
Beijing Resumes Criticism of CK Hutchison Over Panama Ports Deal
Beijing authorities kept up their pressure on CK Hutchison on Wednesday, resuming criticism of the Hong Kong conglomerate's sale of its Panama Canal ports. The business empire built by Hong Kong billionaire Li Ka-shing offloaded its global ports business outside China this ...
Hong Kong Leader Says Concerns Over Panama Ports Deal Warrant ‘Attention’
Hong Kong leader John Lee on Tuesday said criticism of city conglomerate CK Hutchison's sale of its Panama Canal ports deserved "serious attention", after Beijing authorities repeatedly slammed the deal. The business empire of Hong Kong's richest man, Li Ka-shing, sold ...
Hong Kong’s Hutchison Under Fire Again for Panama Ports Deal
Hong Kong conglomerate CK Hutchison is under renewed pressure from Beijing after selling its Panama Canal ports, with Chinese authorities publishing newspaper criticism of the deal for the second time in three days. Last week, the business empire of Hong Kong's ...
CK Hutchison Stocks Dive After Chinese Criticisms of Ports Deal
Stocks in Hong Kong conglomerate CK Hutchison tumbled Friday after Chinese officials overseeing the city reposted a newspaper opinion piece blasting the sale of its lucrative Panama Canal ports following pressure from Donald Trump. The president has complained that China controls ...
Ports Sale Offers Panama Way out of Trump Row: Experts
By Juan José Rodríguez The decision by Hong Kong firm CK Hutchison to sell its Panama ports to a U.S.-led consortium provides the Central American country with a convenient way out of its standoff with President Donald Trump, experts said Tuesday. ...
Hong Kong Firm Offloads Panama Ports After Trump Pressure
Under fierce pressure from U.S. President Donald Trump, the Hong Kong firm Hutchison said it had agreed to sell its lucrative Panama Canal ports to a U.S.-led consortium Tuesday. CK Hutchison Holdings said it would offload a 90 percent stake in ...
Asian Markets Climb on China Fiscal Hopes Against Trump Tariffs
Asian markets climbed on Monday in hopes that China would announce a huge stimulus package to help offset U.S. President Donald Trump's looming tariffs on Chinese goods. Investors were also watching for any last-ditch deals to ward off the levies hitting ...