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Panama Announces Non-Renewal of Participation in CN BRI
After meeting with US Secretary of State Marco Rubio, Panama's President Jose Raul Mulino announced that Panama would not renew its participation in the Belt and Road Initiativ...
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After meeting with US Secretary of State Marco Rubio, Panama's President Jose Raul Mulino announced that Panama would not renew its participation in the Belt and Road Initiative (BRI) of China, and would study the possibility of early withdrawal.

Panama would work further with the US on immigration, but emphasized that Panama's autonomy would not be affected, Mulino added.

Related NewsUBS: Panama Ports Have Limited Financial Impact on CKH HOLDINGS (00001.HK)
CKH HOLDINGS (00001.HK)  0.000 (0.000%)    Short selling $40.81M; Ratio 19.533%   's subsidiary, Hutchison Ports, operates Panama's ports. CLSA released a research report analyzing that Panama's ports will have a limited impact on CKH HOLDINGS' actual finances. The broker estimated that the port will only contribute 0.66% of CKH HOLDINGS' total EBIT in 2023.

CKH HOLDINGS opened 1.79% lower today, and bottomed at $38.2. The stock last printed at $38.7, down 1.28%, with 6.3093 million shares traded, involving $244 million.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-02-11 16:25.)

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