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The Latest Breaking News from CK Hutchison

Hong Kong's CK Hutchison warns of legal action over Panama Canal ports

Hong Kong's CK Hutchison say it's escalating its fight over the two Panama Canal ports that it operates

The Independent UK

China is losing ground in Latin America

Panama’s supreme court invalidated a contract in late January that had allowed Panama Ports Company, a subsidiary of Hong Kong-based firm CK Hutchison, to operate two ports on the Panama canal since 1997.

The Conversation

Panama will not be threatened by China over canal court ruling, leader says

Panamanian President José Raúl Mulino says he hopes a legal battle with a Hong Kong firm over Panama Canal ports does not escalate

The Independent UK

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Hong Kong firm begins arbitration proceedings over ruling against its Panama Canal port contract

Hong Kong’s CK Hutchison Holdings says its subsidiary started arbitration proceedings against Panama after that country’s Supreme Court ruled a concession for the subsidiary to operate Panama Canal ports was unconstitutional

The Independent UK

Hong Kong 'firmly rejects' court ruling cancelling concession on operating Panama ports

The court’s ruling followed an audit by Panama’s comptroller, which alleged irregularities in the 25-year extension of the concession granted in 2021.

Euronews

Hong Kong company’s concession to operate Panama Canal ports is ruled unconstitutional

Panama’s Supreme Court has ruled that the concession held by a subsidiary of Hong Kong’s CK Hutchison Holdings to operate ports at either end of the Panama Canal was unconstitutional, an outcome that advances a U.S. aim to block any influence by China over the strategic waterway

The Independent UK

Panama court voids CK Hutchison port contracts: Why it's a win for Trump, setback for Xi

Panama's Supreme Court has voided a major Panama Canal ports contract held by a Chinese-linked firm, a significant win for the 'Donroe Doctrine'. This ruling aligns with US efforts to curb Chinese influence over strategic trade routes, complicating Beijing's global commercial footprint and reinforcing US leverage. The decision stems from…

The Times of India

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Panama files lawsuits against owner of ports at centre of US-China struggle

Comptroller general lodged two cases in country’s supreme court after failed attempt to sell to consortium

The Guardian - US

‘We’re taking it back!’: Donald Trump’s Panama Canal dreams hit a snag as China moves in

It turns out China can step on Trump's toes easily.

We Got This Covered

CK Hutchison Eyes 'Major' Chinese Investor For Panama Ports Deal

Hong Kong conglomerate CK Hutchison said Monday it was considering inviting a Chinese "major strategic investor" to join a US-led consortium negotiating the sale of its global ports business outside China, including operations at the Panama Canal.

International Business Times

Asian shares are mixed after Wall Street sets more records for US stocks

Stock markets in Asia are mixed after U.S. stocks rose to more records as they closed out another winning week

The Independent UK

The Australian port at the centre of a tug-of-war between Beijing and Canberra

Tussle over strategic Darwin port deepens as American company linked to Trump shows interest in taking lease from Chinese firm

The Independent UK

China Urges Antitrust Compliance in CK Hutchison's Global Ports Deal

China warns CK Hutchison and partners not to bypass antitrust review in $23 billion global ports sale to BlackRock-led group.

Latin Times

Pentagon Chief In Panama Vows To Counter China 'Threat'

US Defense Secretary Pete Hegseth said Wednesday during a visit to Panama that the United States does not seek war with China, but will counter what he called the threats it poses in the Americas.

International Business Times

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The Independent UK

Hong Kong company denies that it failed to pay Panama under a contract to operate its canal ports

A subsidiary of a Hong Kong conglomerate, which is embroiled in U.S.-China tensions over its Panama Canal port assets has denied allegations that it had failed to pay about $1.2 billion to the Central American country

The Independent UK

Hegseth says China's military presence in western hemisphere is 'too large'

U.S. Secretary of Defense Pete Hegseth has again put China at the center of U.S. priorities in the western hemisphere, one day after calling the world power a threat to the Panama Canal

International Business Times

US Will Not Let China Disrupt Panama Canal: Pentagon Chief

The United States will not allow China to jeopardize the operations of the Panama Canal, US Defense Secretary Pete Hegseth warned during a visit to the Central American nation on Tuesday.

Al Jazeera

Audit finds Hong Kong company breached Panama Canal ports contract

Report comes as US uses claims of Chinese meddling to push for control over strategic waterway.

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news in one place.

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International Business Times

Hong Kong Firm Did Not Uphold Panama Canal Ports Contract: Panama Audit

The Hong Kong firm in charge of two ports at either end of the Panama Canal -- which sparked US President Donald Trump's threats to seize the waterway -- has flouted the terms of its contract, according to Panamanian audit results released Monday.

Al Jazeera

Why is China angry about a plan to sell two ports on the Panama Canal?

Beijing’s displeasure over conglomerate’s plans highlights tightening business environment in Hong Kong.

International Business Times

US, China Raise The Stakes In Panama Canal Ports Row

China's fury at the sale of Panama Canal ports to a US-led consortium reflects how container hubs have become prized currency as Beijing and Washington vie for global influence, analysts say.

International Business Times

Chinese Regulator To Vet Panama Ports Deal: Hong Kong Media

China's market regulator said it will review Hong Kong conglomerate CK Hutchison's sale of Panama Canal ports to a US-led consortium, a Beijing-backed newspaper in Hong Kong reported on Friday.

The Conversation

Chinese anger at sale of Panama Canal ports to US investor highlights tensions between the two superpowers

When Hong Kong-listed conglomerate CK Hutchison announced it was selling its two port concessions on the Panama Canal to a US consortium led by New York-based giant BlackRock, the Chinese government issued a strongly worded rebuke.

International Business Times

Hong Kong's Embattled CK Hutchison Says Profits Down In 2024

Embattled Hong Kong conglomerate CK Hutchison Holdings, caught in a US-China spat over control of the Panama Canal, said on Thursday that profits fell 27 percent in 2024.

The Independent UK

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

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

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