US EditionChina state media blasts CK Hutchison's Panama port deal in soon-deleted post
- CK Hutchison announced a deal to sell its global ports business, including two at the Panama Canal, to a consortium led by BlackRock for US$19 billion.
- Chinese state media criticized CK Hutchison, stating it was 'selling out all Chinese people' and pressured the company to drop the deal.
- A lawmaker urged people to 'pause and calm down' over the criticism of CK Hutchison's deal without knowing the details.
- China's State Administration for Market Regulation announced it will review the deal, which may prevent signings before April 2.
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CK Hutchison Shares Fall as Li Ka-shing Mulls Ports Deal Delay
CK Hutchison Holdings Ltd.’s shares dropped by the most in nearly two weeks following news its Hong Kong billionaire owner Li Ka-shing is considering delaying the signing of a controversial deal to sell his Panama Canal ports to a consortium including BlackRock Inc.
·United States
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Coverage Details
Total News Sources14
Leaning Left4Leaning Right1Center4Last UpdatedBias Distribution44% Left, 44% Center
Bias Distribution
- 44% of the sources lean Left, 44% of the sources are Center
44% Center
L 44%
C 44%
11%
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