CK Hutchison warns of geopolitical risks as profit falls and ports deal upsets China
HONG KONG] CK Hutchison Holdings warned of a deteriorating global business environment due to geopolitical and trade tensions, as the Hong Kong conglomerate reported weaker-than-expected profit while a ports sale plan faces uncertainty after infuriating Beijing.
No event that might require disclosure was identified, Hutchison said, leaving the onus on shareholders to question the ...
Chinese President Xi Jinping is unhappy with the plans of the Hong Kong company CK Hutchison Holdings to sell the ports of ...
Agence France-Presse on MSN1d
Hong Kong's embattled CK Hutchison says profits down in 2024Embattled Hong Kong conglomerate CK Hutchison Holdings, caught in a US-China spat over control of the Panama Canal, said on ...
Since CK Hutchison Holdings Ltd.’s blockbuster ports deal was revealed, investors have boosted options bets to an eight-year ...
So far, Chinese officials haven’t explicitly given the 96-year-old Li and his firm any demands or instructions.
CK Hutchison Holdings chose to sell its port assets to a consortium that includes BlackRock Inc., apparently angering Beijing ...
CK Hutchison Holdings Limited (OTCMKTS:CKHUY – Get Free Report) was the recipient of a significant growth in short interest in February. As of February 28th, there was short interest totalling 136,200 ...
CK Hutchison, a Hong Kong-based conglomerate, agreed to sell much of its global $22.8 billion ports business that includes ...
Hong Kong’s leader says his government opposes coercion by foreign governments, an allusion to comments by U.S.
Minority shareholders are also expected to support the sale to receive a special bonus of as much as HK$25 a share, they said ...
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