Chinese authorities have increased pressure on CK Hutchison Holdings Ltd, a Hong Kong-based company, over its plan to sell a majority stake in its Panama ports operation to US hedge fund BlackRock. A recent commentary by the Hong Kong and Macau Affairs Office has reignited concerns among Chinese people about the deal’s implications for China.
The office reposted an original commentary from Ta Kung Pao, expressing deep reservations about the sale, which questioned whether it was harming China or benefiting “evil” interests. This move suggests that Chinese authorities are taking a closer look at the deal and may be working to influence public opinion against it.
Source: https://www.bloomberg.com/news/articles/2025-03-16/china-ramps-up-criticism-of-li-ka-shing-s-blackrock-ports-deal