CN Reportedly Holds off New Co-op Between SOEs and Li Ka-shing-Related Firms
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2025/03/27 03:14 GMT
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China has requested state-owned enterprises (SOEs) to hold off new cooperation with companies linked to Li Ka-shing, including prospective and under-review projects, in an effort to mount pressure on CKH HOLDINGS (00001.HK)  +0.700 (+1.563%)    Short selling $51.12M; Ratio 29.991%   over its planned sale of Panama port assets, Bloomberg reported, citing people with the knowledge of the matter. However, ongoing projects remain unaffected.

China is also reportedly reviewing all existing and proposed investments related to the Li Ka-shing family’s businesses both domestically and internationally, aiming to gain a better understanding of their commercial dealings.

Related NewsHSBC Research Resumes Coverage of CKH with Rating Buy, Cuts TP to $53
CKH Series had previously considerably offloaded its asset exposure in Greater China, with only 12% of CKH’s revenue now derived from Hong Kong and mainland China.

However, CK ASSET (01113.HK)  +0.150 (+0.455%)    Short selling $5.48M; Ratio 10.721%   maintains substantial real estate operations in the mainland, while Richard Li’s Pacific Century Group has various businesses there, including the insurance company FWD.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-05-14 12:25.)

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CN Reportedly Holds off New Co-op Between SOEs and Li Ka-shing-Related Firms
China has requested state-owned enterprises (SOEs) to hold off new cooperation with companies linked to Li Ka-shing, including prospective and under-review projects, in an effort t...
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