Panama top court rules CK Hutchinson canal deal as void, China says will take necessary action
MINT·2026-01-30 16:55
Panama’s Supreme Court on Friday, scrapped the contract granted to Li Ka-shing’s CK Hutchison Holdings Ltd. to operate two ports near the Panama canal. The court ruled the deal as unconstitutional, rattling shares of the Hong Kong-based multinational conglomerate.Following the ruling, China's foreign ministry has said it will take all measures to protect lawful rights and interests of Chinese companies.CK Hutchison’s shares fell as much as 5.7% in Hong Kong trading Friday, the steepest drop since April, men ...