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HKMAO Website Republishes Commentary Urging CKH to Reconsider Sale of Panama Canal Port Assets
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The website of the Hong Kong and Macao Affairs Office (HKMAO) of the State Council republished a commentary from Ta Kung Pao questioning whether CKH HOLDINGS (00001.HK)’s plan to sell ports at both ends of the Panama Canal and other assets constitutes an “ordinary commercial behavior”. The article cited British and American media reports arguing that Larry Fink, CEO of BlackRock (BLK.US), which is leading the acquisition, has a close personal relationship with U.S. President Donald Trump. It alleged that Fink briefed the White House during the acquisition talks, suggesting that Trump and the U.S. government do not view the deal as an “ordinary commercial behavior”. Instead, the commentary accused the U.S. of undisguisedly and unbridledly intervening and manipulating the process, using it as a tool to advance global hegemony. The piece warned that the U.S. may use this transaction as a “template” to exert political pressure globally, triggering a wave of port acquisitions to control more critical ports worldwide. It suggested that the U.S. could leverage “long-arm jurisdiction” to suppress Chinese shipping, leaving Chinese vessels with “nowhere to dock”. The article urged relevant companies to carefully reconsider their actions in light of significant moral and strategic implications, questioning the nature and crux of the issue and which side they choose to stand on. AAStocks Financial News |
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