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The Independent UK
The Independent UK
National
Kanis Leung

Hong Kong's richest man, Li Ka-shing, is in hot water over his company's Panama Ports deal

Li Kashing Hong Kong Donald Trump Beijing Panama CK Hutchison George Chen Hutchison Wilson Chan BlackRock

Hong Kong tycoon Li Ka-shing’s business empire is in the crosshairs after CK Hutchison Holdings chose to sell its Panama Canal port assets to a consortium that includes U.S. investment firm BlackRock Inc., apparently angering Beijing.

Over the past week, Beijing's Hong Kong affairs offices have posted scathing commentaries from a local state-backed media outlet over the tentative deal by Hutchison, which is controlled by Li’s family.

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