Hutch angers China with Panama CT sale to BlackRock

Capt. John

THE Chinese government has reposted content condemning the port deal between Hong Kong’s CK Hutchison and US firm BlackRock, calling it a ‘betrayal of China’. According to Reuters, the commentary sent shares of the Hong Kong-based multinational significantly down by 6.38 per cent. The Hong Kong and Macau Affairs Office (HKAMO) shared a commentary on its website, which was first published in the Chinese state-backed newspaper Ta Kung Pao. Reuters revealed that the piece highlighted criticism...

https://www.seanews.com.tr/hutch-angers-china-with-panama-ct-sale-to-blackrock/202826/

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