CK Hutchison shares to rise 14.9% after Panama Canal stake sale to BlackRock

Reuters

2025/03/05

March 5 (Reuters) - Shares of Hong Kong conglomerate CK Hutchison 0001.HK are set to rise 14.9% on Wednesday after the sale of a majority stake in its ports unit, which includes key assets that run either side of the Panama Canal, to a BlackRock BLK.N led group.

(Reporting by Scott Murdoch and Donny Kwok; Editing by Tom Hogue)

((Scott.Murdoch@thomsonreuters.com;))

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