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CK Hutchison, one of the largest concerts in Hong Kong, announced its plans to sell his share in the beginning of this month Ports on Panama Channel A group of investors who lead by Blackrock.
Part of a $ 22.8 billion megadea, which provides more port control from more than 40 port in 23 countries, followed by the United States President Donald Trump, the main shipping route in China.
CK Hutchison shares released the bargain on March 4, but in two weeks, the Chinese state newspaper in Hong Kung, “Spineless Grovaring” in two Op-EDS “when the” betraying and sold all the Chinese people “.”
CK Hutchison with the last date of April 2 to sign a deal is now in both Washington and Beijing Crosshairs.
Why does China want to stop the deal?
In Kung Pao, the editorials in Kung Pao, managed by Liaison Office in Hong Kong in Hong Kong, often read as a signal from the top ranks of the Chinese Communist Party.
Hong Kong Lee, who was the only candidate in an election, which was strongly controlled by Beijing, criticized the CK Hutchison deal, said that it deserves “serious attention”.
At the beginning of this month, the Wall Street Journal said he extended all the ways to the Chinese President Xi Jinping in the rage in this month.
Sources not informed about the issue, XI said that XI did not confirm the consent of Hutchison and used a transaction chip to “withdraw” the strategically important water path.
On Friday, China’s market regulator will carry out an antitrust investigation in the official WECHAT account “In accordance with the law in accordance with the law to maintain a fair competition and public interest in the market.
After the news, local media, including Sing Tao and Southern China in the morning, said that CK Hutchison will advance this week.
https://www.youtube.com/watch?v=lfau4wgwelc
What is Beijing’s connection with ck hutchison?
The proposed sales also stressed the long-term tension between Beijing and CK Hutchison and the founder of the 96-year-old billionaire and Li Ka-Shing.
LI’nin a Material Refugee Refugee Hong Kong, Tycoon, a mythical status of almost a mythical status in China, is almost a mythical status in an English colony established by Western business interests and the communist party.
Li, China’s leaders were known for close relationships with Deng Xiaoping and Jiang Zemin, and among the late 1970s and early 2000s Jiang Zemin, but his political influence in 2012 has risen to Xi’s best work in 2012.
In 2015, the interests of the work were reconstructed and raised the eyebrows when registering them in the Cayman Islands. This time he began to leave China.
In 2018, Lee passed his society, the opinion of the Victor, but the Tycoon focused. The next year, the Ambivalent opinions on the mass of the Li Hong Kong made Beijing Beijing commentators angered Democracy protest At a time that other companies in the city clearly criticize the demonstrations.
Analysts offer different views on the call to democracy in democracy, this is a wide range of people who will be less than other work dynasties in many cities.
“The 1980s or sons operating in the management of Sino-American relations and Hong Kong leads themselves from politics or away from politics,” like Wilson Chan, co-founder and political researcher, Jazeera with a family family or Pao family.
Can Beijing stop without going on sale?
Chan said Beijing was relatively limited in terms of official regulatory body to stop the consent.
“It will be very difficult to call on hard legal conditions, Beijing and Hong Kong, companies and the” legitimate “not within the jurisdiction of” legal “and hong kong.”
Ronny Tong, Hong Kong lawyer and a member of the city’s executive council, the Antitryest investigation against CK Hutchison said that the agreement could appear against the agreement.
Tong, Chinese regulators usually do not step to block Hong Kong business deals, but within the rights of investigating.
“If people continue their business activities in violation of the law, they should be investigated to see if they are away from the law,” he said.
Specialists shown in the South Chinese morning writing, claiming that the purchase of many ports of many ports with so many ports of Chinese regulators will give them a legal jurisdiction on the contract, he said.
Prove that the agreement has adversely affects competitivity, it can be more difficult, calling on the national security concerns, Blackrock said it could be difficult as a private company.
Martina Fuchs, a business correspondent for China State Run Xinhua news agency, said he was waiting for the transaction to be postponed or “high politicized”.
“China’s criticism to sell Hutchison’s harbor to sell the port, and US President Donald Trump’s influence on China also reflects the growing pressure on national security,” he said.
“When CK Hutchison Crosshisa, the Crusher, who increased China once, reflects the fact that both authorities are fighting for the strategic water path.”
What other pressure can Beijing?
Beijing may apply pressure in other ways without crossing official legal channels.
An analytical company, which is an analytical analysis, which is an analytical conditions that speaks of political sensitivity of the issue, is an analytical point of analytical companies and business interests, an analytical point covering the Chinese economy.
Although CK Hutchison is low in China, it is still 12 percent of China’s income from China, more than $ 300 million in 2024.
The sister company, CK active holdings, still with them in Materic China, which is also being in Beijing, which is analytical.
The foreign and local companies in Hong Kong said they would be closely watched to see what happened.
“More Wider Family Groups still have a meaningful amount of asset in the mainland as the CK Asset Property Holdings. They know that they can almost be able to take revenge from Beijing,” he said.
In 2022, a lawyer Kevin Yam, who specializes in the financial services and commercial lawsuits, as well as Alibaba founder Jack Ma, said he could use a deal to be an example in 2022.
After China criticizing the regulator in 2020, MA was forced to cancel the IPO of Alibaban’s financial assistance.
Since then, there is only Seldom seen in the public.
“Hong Kong, Hong Kong will not reduce the family to the size of Jack, but as a result, which of this work is going …
Beijing did not go away from the use of effective methods against prominent citizens in the past.
In 2017, China-Canada Businessman Xiao Jianhua – Then one of the richest people in China was missed by the luxury hotel in Hong Kong, Mainland was missed by more than one media.
Xiao’s exact locations have been known until 2022 by 2022, when a Shanghai court has been sentenced to 13 years in prison for approving $ 8 billion.
In 2023, the Bao fan in the authoritative Chinese technology banker, the Incomunicado, which was in a raid in the financial services industry, went.
Bao, who announced his resignation of his company last year, has not yet heard from today.
https://www.youtube.com/watch?v=sccxgurlq-a
What is the next for CK Hutchison deal?
The fate of sales is not clear in one day to go until the last date of April 2.
While Chinese regulators looked at the deal, the Hong Kong government sitting with the CEO of Hong Kong did not yet investigate.
In the Chinese mainland, the government seems to be used both carrots and sticks.
Last week, Li’s son Richard was invited to the Chinese Development Forum for a high-profile work summit in Beijing every year.
When Richard CK did not participate in Hutchison, the markets commented on the company as a positive sign for the company’s relations with Beijing, which sent 3.4 percent of the stakes last Monday.
Bloomberg said on Thursday that Beijing informed the state enterprises to state institutions about the holding of new jobs to people familiar with people familiar with people familiar with Hutchison and its branches.
Although the progress with CK Hutchison and Blackrock bargaining is still uncertain, the delay will not be suspended on its paths.
The 145-day exclusivity clause for the negotiations would be free to sell their assets to another side of the duty of the CK Hutchison.
The writing said that no party has not revealed the “start or end” of the exclusive period.
Tong said that CK Hutchison or Blackrock is difficult to tell more without the official word.
“Very little fact is known to the society,” he said. “(CK Hutchison) keeps my mother, saying nothing, people can only revive what is happening.”
