CK Hutchison Holdings

$CKH HOLDINGS(00001.HK) Bloomberg cited sources reporting that Chinese shipping companies are in talks to join a consortium seeking to acquire CK Hutchison's (0001) port assets. This move aims to alleviate Beijing's concerns about this controversial deal.

The report cited sources stating that China COSCO Shipping Corporation $COSCO SHIP HOLD(01919.HK) and several other companies are in discussions with a consortium led by Terminal Investment Ltd. regarding the potential stake held by Chinese investors. The consortium also includes U.S. company BlackRock and its subsidiary Global Infrastructure Partners.

$CKH HOLDINGS(00001.HK) CK Hutchison sells ports｜Bloomberg: Mainland China requests state-owned enterprises to suspend new cooperation projects with CK Hutchison.

Informed sources stated that senior Chinese officials last week requested state-owned enterprises to suspend initiating new project collaborations with Li Ka-shing-related companies, including intended and under-review projects of various types. The sources also mentioned that ongoing cooperative projects are not affected by this request. Additionally, the sources revealed that China is currently conducting research and review of all existing and proposed investments related to the Li family's enterprises both domestically and internationally to better understand their commercial dealings.

$CKH HOLDINGS(00001.HK) why did it suddenly surge?

Found the reason:

CK Hutchison is said to proceed with Panama ports deal despite China ire - Bloomberg News

$CKH HOLDINGS(00001.HK) Comparison of CK Hutchison Holdings' performance in 2023 and 2024: The chairman's report significantly reduced the text coverage of port retail and infrastructure businesses compared to 2023, and there was no mention of the Panama Canal terminal transaction. Additionally, CK Asset Holdings canceled the press conference and analyst meeting, clearly reducing voluntary disclosure risks.$CK ASSET(01113.HK)

Moreover, the performance report didn't mention it, and even the outlook was so short. Does this mean they don't even dare to think too far ahead???

Hong Kong's richest man Li Ka-shing sells Panama ports, unrelated to politics? Yeah right, I don't buy it!

After taking office, US President Trump accused China of gaining control of the Panama Canal and vowed to reclaim it.

$CKH HOLDINGS(00001.HK) announced last night plans to sell 80% stake in Hutchison Ports at a sky-high price, including 90% stake in Panama ports, expected to cash out HKD 148.2 billion.

So the company says: the deal is purely commercial, unrelated to recent political news about Panama ports. Do you believe it????