China Ramps Up Criticism of Li Ka-shing’s BlackRock Ports Deal
- China agency reposts second commentary criticizing deal
- CK Hutchison shares plunged after first attack by newspaper
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Chinese authorities increased pressure on CK Hutchison Holdings Ltd. over its plan to sell its Panama ports stake by sharing a second newspaper commentary attacking the deal.
The Hong Kong and Macau Affairs Office on Saturday reposted a commentary originally published in Ta Kung Pao, saying the planned sale of the ports by the Hong Kong company had triggered deep concerns among Chinese people and questioned whether the deal was harming China and aiding evil.