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CK Hutchison Shares Erase All Gains

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CK Hutchison invested $1.7 billion in Panama, surpassing obligations, it says
A company controlled by Hong Kong-based CK Hutchison has invested $1.7 billion in two ports near the Panama Canal, it said on Wednesday, surpassing the amount required under its contract, which is being audited by Panamanian authorities.
CK Hutchison Rejects Accusations Over Panama Ports Payments
CK Hutchison Holdings Ltd rejected accusations it failed to pay about 1.2 billion balboas ($1.2 billion) to the Panamanian state over the concession contract to run the two key ports in the Central American country.
CK Hutchison shares erase all gains since Panama ports deal
HONG KONG] CK Hutchison Holdings shares extended declines on Wednesday (Apr 9), erasing all their advances since the company agreed to sell its Panama Canal port assets to a BlackRock-led consortium last month.

Panama, Hong Kong

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Panama Official Accuses Hong Kong Port Operator of Misconduct
The controller general of Panama said CK Hutchison, a Hong Kong conglomerate, did not properly renew its license to operate two ports that are part of a $19 billion deal involving BlackRock.
Hong Kong company denies that it failed to pay Panama under a contract to operate its canal ports
A subsidiary of a Hong Kong conglomerate, which is embroiled in U.S.-China tensions over its Panama Canal port assets has denied allegations that it had failed to pay about $1.2 billion to the Central American country.
Hong Kong firm did not uphold Panama Canal ports contract: Panama audit
The Hong Kong firm in charge of two key Panama Canal ports has flouted the terms of its contract, according to a Panamanian audit released on Monday (Apr 7), as US and Chinese firms fight for business on the waterway after President Donald Trump threatened to seize it.
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CK Hutchison Denies $1.2 Billion Panama Claim Amid US-China Canal Tensions
CK Hutchison, the Hong Kong-based parent of Panama Ports Company (PPC), denied on Wednesday allegations that it owes $1.2 ...
Hong Kong Free Press on MSN10d
‘Pause and calm down’ before criticising CK Hutchison’s ports deal, Hong Kong lawmaker urges
Critics of CK Hutchison over a deal to sell its ports - including two at the Panama Canal - should "calm down," a senior ...
CK Hutchison Shares Fall as Li Ka-shing Mulls Ports Deal Delay
CK Hutchison Holdings Ltd. shares dropped the most in nearly two weeks after reports that Hong Kong billionaire Li Ka-shing ...
CK Hutchison invested $1.7 bln in Panama, surpassing obligations, it says
A company controlled by Hong Kong-based CK Hutchison has invested $1.7 billion in two ports near the Panama Canal, it said on ...
Hong Kong Free Press on MSN5d
Explainer: CK Hutchison’s Panama ports deal, Beijing’s reaction and the impact on geopolitics
HK's CK Hutchison's deal included selling 2 ports at the Panama Canal, a waterway the US vowed to "take back." Beijing said ...