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CN Foreign Ministry Urges CKH Port Deal Parties to Act Prudently, Fully Communicate with CN Authorities
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The Chinese government indicated to CKH HOLDINGS (00001.HK) that selling ports other than those at the Panama Canal is not an issue, according to hearsay. Chinese Foreign Ministry spokesperson Guo Jiakun responded by noting the reports and highlighting that the State Administration for Market Regulation (SAMR) keeps a close tab on the deal. He said the SAMR will conduct a legal review, and parties involved must not circumvent scrutiny or proceed with consolidation before approval, or they will face legal consequences. Guo underscored China’s steadfast opposition to economic coercion and bullying that infringes on other nations’ legitimate rights, urging relevant parties to act prudently and communicate fully with Chinese authorities. He reiterated China’s commitment to reform and opening up, welcoming foreign investment in China. AAStocks Financial News |
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