News
CK Hutchison Sees 'Reasonable Chance' of $22.8 Billion Ports Sale Going Through
President Donald Trump had called for the U.S. to "take back" the Panama Canal, which is used by more than 40% of U.S. container traffic, valued at roughly $270 billion annually, from Chinese influence. CK Hutchison's ports are not on the canal or part of it, however.
Panama Canal ports at center of CK Hutchison’s $22.8B deal and earnings release
All eyes will be on CK Hutchison this Thursday as the Hong Kong conglomerate prepares to release its results, with investors keenly awaiting any updates on the proposed $22.8 billion sale of its ports business to a BlackRock-led consortium.
CK Hutchison posted a 11% rise in first-half underlying profit on Thursday, as investors look for comments on the status of ...
Morgan Stanley noted that CK Hutchison’s 11 per cent profit growth in the first half was better than its estimate.
The government of Panama is going to court to challenge Chinese operating contracts for two ports adjacent to the Panama ...
The next leg of CK Hutchison Holdings Ltd.’s stock rally will depend in large part on any update the conglomerate may provide ...
One-time non-cash loss of HK$10.47 billion (US$1.3 billion) weighs on first-half earnings despite 3 per cent revenue increase ...
Some results have been hidden because they may be inaccessible to you
Show inaccessible results
Feedback