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The Latest Breaking News from CK Hutchison Holdings

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

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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

Hong Kong firm appeals for legal protection of investors as its Panama Ports contract faces lawsuits

A subsidiary of a Hong Kong conglomerate entangled in U.S.-China tensions appealed on Friday for legal protection for businesses in the Central American country after its contract over its Panama Canal port assets faces lawsuits

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

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.

International Business Times

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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

The Independent UK

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.

International Business Times

Panama Lawsuit Requests Axing Hong Kong Firm's Canal Concession

Panama Ports Company -- a CK Hutchison Holdings subsidiary -- currently manages the ports of Cristobal on the canal's Atlantic side and Balboa on the Pacific side.

Latin Times

Marco Rubio issues Panama ultimatum over 'Chinese influence' on canal

Panama’s president says sovereignty over canal not up for debate but suggests review of agreements with Chinese companies

The Independent UK

Labour used water industry analysis to argue against nationalisation

‘Economically illiterate’ Defra letter sent to anti-sewage groups cites 2018 report commissioned by water companies

The Guardian - UK

‘You’ll have to talk to the UK staff’: can global water investors be held to account?

Will Malaysia’s YTL, US-based BlackRock and Hong Kong’s CK Hutchison Holdings answer questions about environmental damage?

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