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Results for "CK Hutchison"

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BusinessSCMP2mo ago

‘Superman’ Li Ka-shing tops Hong Kong’s billionaire list with US$45.1 billion: Forbes

Tycoon Li Ka-shing has added more than US$6 billion to his net worth, boosting his standing as Hong Kong’s richest individual and contributing to a US$65 billion increase in the assets of the city’s 50 richest people, according to Forbes. Li, whose business interests span real estate, infrastructure and pharmaceuticals via companies such as CK Asset Holdings and CK Hutchison, had a net worth of US$45.1 billion this year, up from US$38.9 billion in 2025, according to a list compiled by the...

CK Hutchison escalates legal action over Panama ports seizure
BusinessSCMP1mo ago

CK Hutchison escalates legal action over Panama ports seizure

Hong Kong conglomerate CK Hutchison Holdings has stepped up legal action in response to what it called Panamanian authorities’ unlawful takeover of the operations of two ports at either end of the politically sensitive canal. The group, led by the family of Hong Kong tycoon Li Ka-shing, said on Friday that it had submitted a supplement to its earlier petition against the Panamanian state for an international arbitration. The supplement alleged that Panama continued ignoring the firm’s request...

The true cost of Panama’s port seizure lies in lost predictability
BusinessSCMP1mo ago

The true cost of Panama’s port seizure lies in lost predictability

There are few assets on earth as strategically sensitive as the ports flanking the Panama Canal. They sit at the hinge of global trade, where container ships glide between oceans and geopolitics moves just beneath the surface. That is why Panama’s seizure of two major port terminals operated by CK Hutchison, the Hong Kong conglomerate built by Li Ka-shing, deserves more than a passing headline. It is not simply a contractual dispute dressed up as constitutional housekeeping. It is a stress te...

Hong Kong’s CK Hutchison seeks negotiations over Panama Canal ports
Businesshk-free-press1mo ago

Hong Kong’s CK Hutchison seeks negotiations over Panama Canal ports

Hong Kong-based CK Hutchison Holdings asked the Panamanian government on Thursday to enter negotiations to allow it to continue operating the Panama Canal’s two terminal ports, a company spokesperson said. Panama’s Supreme Court last month invalidated Hutchison’s contract following repeated threats from President Donald Trump that the United States would seek to reclaim the waterway, […]

Panama Rejects Hutchison Claims in Ports Arbitration Case
Politicshk-free-presstico-times25d ago2 sources

Panama Rejects Hutchison Claims in Ports Arbitration Case

Panamanian President José Raúl Mulino has dismissed accusations that his government failed to meet its obligations in an arbitration case brought by Panama Ports Company, a subsidiary of Hong Kong-based CK Hutchison.

CK Hutchison subsidiary seeks US$2 billion for Panama’s takeover of canal ports
BusinessSCMP1mo ago

CK Hutchison subsidiary seeks US$2 billion for Panama’s takeover of canal ports

A subsidiary of Hong Kong conglomerate CK Hutchison Holdings is seeking US$2 billion in damages from the Panamanian government over what it described as the “illegal takeover” of the operations of two ports at either end of the strategic canal. In a statement issued on Friday, the Panama Ports Company (PPC) said it had submitted the claim for arbitration against the country under the rules of the International Chamber of Commerce, vowing it would not “relent” or seek “token relief” for the...

CK Hutchison subsidiary slams Panama over ‘unnotified intrusion’ at storage site
BusinessSCMP1mo ago

CK Hutchison subsidiary slams Panama over ‘unnotified intrusion’ at storage site

A subsidiary of Hong Kong conglomerate CK Hutchison Holdings has accused Panamanian authorities of undermining due process by making an “unnotified intrusion” at a facility storing materials related to ongoing legal proceedings. The Panama Ports Company (PPC) on Friday accused the country’s government of creating a crisis, calling the “illegal takeover” of two port facilities in the Panama Canal a failure to comply with “constitutional, contractual and international obligations”. The former...

Panama Seizes China-Linked Ports Amid Trump-Beijing Dispute
Environmentnikkei-asiazerohedge1mo ago2 sources

Panama Seizes China-Linked Ports Amid Trump-Beijing Dispute

Panama Seizes China-Linked Ports Amid Trump-Beijing Dispute Panama published a Supreme Court decision, issued in late January, that voided key port operations held by Hong Kong-based CK Hutchison. The Balboa and Cristobal terminals have become entangled in a legal dispute involving Washington and Beijing. The timing is important, as it comes about a month before President Trump's planned late-March trip to China. On Monday, the ruling authorized the Panama Maritime Authority to...

Στον έλεγχο του Παναμά τα δύο λιμάνια που διαχειριζόταν εταιρεία που συνδέεται με την Κίνα – Μεταβατική περίοδος με εκμετάλλευση από Maersk και MSC
Businessnaftemporiki1mo ago

Στον έλεγχο του Παναμά τα δύο λιμάνια που διαχειριζόταν εταιρεία που συνδέεται με την Κίνα – Μεταβατική περίοδος με εκμετάλλευση από Maersk και MSC

Η κυβέρνηση του Παναμά πήρε τον έλεγχο σε δύο λιμάνια στις εισόδους της Διώρυγας του Παναμά τη Δευτέρα,αφού ακύρωσε τις συμβάσεις παραχώρησης που είχε η θυγατρική της CK Hutchison με… Στον έλεγχο του