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International Business Times
International Business Times
Business

Hong Kong Leader Says Concerns Over Panama Ports Deal Warrant 'Attention'

The business empire of Hong Kong's richest man, Li Ka-shing, sold its Panama Canal port operations to a US-led consortium following pressure from US President Donald Trump (Credit: AFP)

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 most of its port operations -- including those in the canal -- to a US-led consortium this month following pressure from US President Donald Trump.

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