Hong Kong's CK Hutchison seeks Chinese investor to join Panama Ports deal
A Hong Kong conglomerate that’s selling ports at the Panama Canal says it may seek a Chinese investor to join a consortium of buyers. The could please Beijing but could also bring more U.S. scrutiny to a geopolitically fraught deal. CK Hutchison Holdings's initial plan to sell to a group that included U.S. investment firm Blackrock Inc. pleased President Donald Trump, who has alleged Chinese interference in Panama Canal operations. But it apparently angered Beijing and Chinese anti-monopoly authorities began a review. The situation highlights the challenges Hong Kong businesses face amid U.S.-China tensions.