CK Hutchison shares set to open up 2.9%, extending previous day's gains

Reuters
8 hours ago
CK Hutchison shares set to open up 2.9%, extending previous day's gains

HONG KONG, March 6 (Reuters) - Shares of CK Hutchison 0001.HK were set to open up 2.9% in Hong Kong on Thursday, extending the previous day's 21.9% gain after the sale of its Panama Canal stake to BlackRock BLK.N.

U.S. President Donald Trump has hailed the deal led by U.S. firm BlackRock BLK.N to buy most of the $22.8 billion ports business of Hong Kong conglomerate CK Hutchison, including assets it holds along the Panama Canal.

(Reporting by Hong Kong newsroom; Editing by Tom Hogue)

((donny.kwok@thomsonreuters.com; +852 3462 7745;))

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10