After a lifetime of dealmaking, 96-year-old Hong Kong billionaire Li Ka-shing may have just pulled off one of his boldest transactions yet.

Hong Kong billionaire Li Ka-shing's CK Hutchison Holdings plans to sell its global ports business for over $19 billion to a BlackRock-led consortium, amid pressures from geopolitical tensions. The deal covers 43 ports in 23 countries,

The company founded by 96-year-old Li Ka-shing is caught up in Donald Trump’s complaints about China’s influence

AFTER a lifetime of dealmaking, 96-year-old Hong Kong billionaire Li Ka-shing may have just pulled off one of his boldest transactions yet. Read more at The Business Times.

Hutchison subsidiary PPC has for decades run ports on the Pacific and Atlantic ends of the interoceanic waterway.

Though Hong Kong’s economy grew at a modest pace of 2.5% in 2024, China’s stimulus measures lifted investor sentiment, driving up the benchmark Hang Seng index by more than a

Under pressure from US President Donald Trump, HK firm Hutchison said Tuesday it had agreed to sell its lucrative Panama Canal ports to a US-led consortium.