Market Chatter: China Threatens to Block CK Hutchison Sale of Panama Ports Unless COSCO Takes Control, Sources Say

MT Newswires Live12:30

The Chinese government is threatening to block the sale of CK Hutchison's (HKG:0001) ports, including two near the Panama Canal unless state-owned shipping giant COSCO gets a majority stake, The Wall Street Journal reported Tuesday, citing people familiar with the talks.

The planned sale would see the ports being sold to a consortium led by BlackRock and containership operator Mediterranean Shipping Co. or MSC, the WSJ said.

CK Hutchison and the BlackRock-led consortium reached an agreement to sell the ports for $22.8 billion after President Donald Trump flagged concerns regarding the Hong Kong conglomerate's links to China, the report said.

BlackRock and MSC were open to giving COSCO an equal stake, but China's demand for a controlling stake and veto rights in the port operations is unacceptable, the report said, citing the sources.

The White House has also objected to Beijing's conditions, the WSJ said.

"The President has made clear that Chinese control of the Panama Canal is unacceptable, violates the U.S.-Panama Treaty, and jeopardizes our national and economic security," the newspaper quoted a White House official as saying.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2592963912?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-12-17 12:30","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2592963912","market":"nz","top_or_hot":-1,"title":"Market Chatter: China Threatens to Block CK Hutchison Sale of Panama Ports Unless COSCO Takes Control, Sources Say","media":"MT Newswires Live","content":"<html><body><p> The Chinese government is threatening to block the sale of <a href=\"https://laohu8.com/S/CKHUF\">CK Hutchison</a>'s (HKG:0001) ports, including two near the Panama Canal unless state-owned shipping giant COSCO gets a majority stake, The Wall Street Journal reported Tuesday, citing people familiar with the talks.</p><p>The planned sale would see the ports being sold to a consortium led by BlackRock and containership operator Mediterranean Shipping Co. or <a href=\"https://laohu8.com/S/NPW.SI\">MSC</a>, the WSJ said.</p><p><a href=\"https://laohu8.com/S/CKHUY\">CK Hutchison</a> and the BlackRock-led consortium reached an agreement to sell the ports for $22.8 billion after President Donald Trump flagged concerns regarding the Hong Kong conglomerate's links to China, the report said.</p><p>BlackRock and MSC were open to giving COSCO an equal stake, but China's demand for a controlling stake and veto rights in the port operations is unacceptable, the report said, citing the sources.</p><p>The White House has also objected to Beijing's conditions, the WSJ said.</p><p>\"The President has made clear that Chinese control of the Panama Canal is unacceptable, violates the U.S.-Panama Treaty, and jeopardizes our national and economic security,\" the newspaper quoted a White House official as saying.</p><p>(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)</p></body></html>","source":"mtnewswires_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Market Chatter: China Threatens to Block CK Hutchison Sale of Panama Ports Unless COSCO Takes Control, Sources Say</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMarket Chatter: China Threatens to Block CK Hutchison Sale of Panama Ports Unless COSCO Takes Control, Sources Say\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1092851196\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">MT Newswires Live </p>\n<p class=\"h-time\">2025-12-17 12:30</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p> The Chinese government is threatening to block the sale of <a href=\"https://laohu8.com/S/CKHUF\">CK Hutchison</a>'s (HKG:0001) ports, including two near the Panama Canal unless state-owned shipping giant COSCO gets a majority stake, The Wall Street Journal reported Tuesday, citing people familiar with the talks.</p><p>The planned sale would see the ports being sold to a consortium led by BlackRock and containership operator Mediterranean Shipping Co. or <a href=\"https://laohu8.com/S/NPW.SI\">MSC</a>, the WSJ said.</p><p><a href=\"https://laohu8.com/S/CKHUY\">CK Hutchison</a> and the BlackRock-led consortium reached an agreement to sell the ports for $22.8 billion after President Donald Trump flagged concerns regarding the Hong Kong conglomerate's links to China, the report said.</p><p>BlackRock and MSC were open to giving COSCO an equal stake, but China's demand for a controlling stake and veto rights in the port operations is unacceptable, the report said, citing the sources.</p><p>The White House has also objected to Beijing's conditions, the WSJ said.</p><p>\"The President has made clear that Chinese control of the Panama Canal is unacceptable, violates the U.S.-Panama Treaty, and jeopardizes our national and economic security,\" the newspaper quoted a White House official as saying.</p><p>(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU1048588211.SGD","symbol_name":"Blackrock Asian Dragon A2 SGD-H","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2592963912","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2592963912","pubTimestamp":1765945853,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. Better news, better service, better price.","home_visible":1,"id":"1092851196","head_image":"https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e"},"summary":"The Chinese government is threatening to block the sale of CK Hutchison's  ports, including two near the Panama Canal unless state-owned shipping giant COSCO gets a majority stake, The Wall Street Journal reported Tuesday, citing people familiar with the talks.The planned sale would see the ports being sold to a consortium led by BlackRock and containership operator Mediterranean Shipping Co. or MSC, the WSJ said.CK Hutchison and the BlackRock-led consortium reached an agreement to sell the ports for $22.8 billion after President Donald Trump flagged concerns regarding the Hong Kong conglomerate's links to China, the report said.BlackRock and MSC were open to giving COSCO an equal stake, but China's demand for a controlling stake and veto rights in the port operations is unacceptable, the report said, citing the sources.The White House has also objected to Beijing's conditions, the WSJ said.\"The President has made clear that Chinese control of the Panama Canal is unacceptable, violates","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"LU1048588211.SGD":"Blackrock Asian Dragon A2 SGD-H","BK1569":"长和系","BLK":"贝莱德","LU1571399168.USD":"ALLSPRING GLOBAL LONG/SHORT EQUITY \"IP\" (USD) ACC","BK1230":"工业集团企业","00001":"长和","LU0072462343.USD":"贝莱德亚洲巨龙基金","BK1521":"挪威政府全球养老基金持仓","BK1601":"香港本地股","IE0032431581.USD":"PINEBRIDGE GREATER CHINA EQUITY \"A\" (USD) ACC","BK1500":"做空集合股"},"translate_title":"市场传闻：消息人士称，除非中远集团控制，否则中国威胁阻止长江和记出售巴拿马港口","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"00001":0.9,"BLK":0.6},"content_text":"The Chinese government is threatening to block the sale of CK Hutchison's (HKG:0001) ports, including two near the Panama Canal unless state-owned shipping giant COSCO gets a majority stake, The Wall Street Journal reported Tuesday, citing people familiar with the talks.The planned sale would see the ports being sold to a consortium led by BlackRock and containership operator Mediterranean Shipping Co. or MSC, the WSJ said.CK Hutchison and the BlackRock-led consortium reached an agreement to sell the ports for $22.8 billion after President Donald Trump flagged concerns regarding the Hong Kong conglomerate's links to China, the report said.BlackRock and MSC were open to giving COSCO an equal stake, but China's demand for a controlling stake and veto rights in the port operations is unacceptable, the report said, citing the sources.The White House has also objected to Beijing's conditions, the WSJ said.\"The President has made clear that Chinese control of the Panama Canal is unacceptable, violates the U.S.-Panama Treaty, and jeopardizes our national and economic security,\" the newspaper quoted a White House official as saying.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"policyRegulatory","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.35.12","shortVersion":"4.35.12","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2592963912","isCrawlerRequest":true}