--- title: "Hong Kong summons Panama envoy over CK Hutchison ports ruling" type: "News" locale: "en" url: "https://longbridge.com/en/news/275194022.md" description: "Hong Kong's commerce chief summoned the Panamanian Consul General to express strong dissatisfaction over a court ruling that annulled CK Hutchison's contract to operate two ports at the Panama Canal. Algernon Yau criticized Panama for damaging its credibility and urged the government to respect contracts and ensure fair treatment for foreign companies. CK Hutchison is challenging the ruling through international arbitration. Panamanian President Jose Raul Mulino stated the decision is definitive and emphasized Panama's dignity against threats." datetime: "2026-02-07T05:54:00.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/275194022.md) - [en](https://longbridge.com/en/news/275194022.md) - [zh-HK](https://longbridge.com/zh-HK/news/275194022.md) --- > Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/275194022.md) | [繁體中文](https://longbridge.com/zh-HK/news/275194022.md) # Hong Kong summons Panama envoy over CK Hutchison ports ruling BEIJING, Feb 7 (Reuters) - Hong Kong's commerce chief on Friday summoned the Panamanian Consul General in the city to condemn a court ruling that annulled Hong Kong-based CK Hutchison's ( CKHUF ) contract to operate two ‌ports at the Panama Canal. The move came after China's Hong Kong and ​Macau Affairs Office warned Panama of "heavy prices" to pay over ‍the decision earlier this week. Hong Kong's Secretary ⁠for Commerce and ⁠Economic Development, Algernon Yau Ying-wah, expressed "strong dissatisfaction and opposition" to the Panama Supreme ‌Court's decision during a meeting with ​the Panamanian Consul General, Jose Ramon de Jesus Varela Fabrega, according to a post by ⁠the bureau on Friday. Yau ‍said the ​company had made large investments and created jobs in Panama over many years. He criticised Panama for "destroying ‍its national credibility" in a move that he said would cause far-reaching damage to the country's business environment and economic development and seriously undermine international trade rules. He urged the Panamanian government to respect the spirit of the ​contract ‍and provide a fair and just business environment for companies lawfully operating locally. "Hong Kong companies operating and ​investing in Panama should receive fair and reasonable treatment and protections," Yau said. CK Hutchison ( CKHUF ) has moved to challenge the ruling, with its Panama Ports Company unit launching international arbitration proceedings. Panamanian President Jose Raul Mulino on Thursday called the court's decision definitive and said ​he didn't expect the situation to escalate. "Panama is a dignified country and will not allow itself to be threatened by any country on earth," ‍he said. (Reporting by Beijing newsroom; Editing by Sam Holmes) ### Related Stocks - [CK Hutchison Holdings Limited (CKHUY.US)](https://longbridge.com/en/quote/CKHUY.US.md) ## Related News & Research - [BlackRock-backed group seeks to close CK Hutchison ports deal without Panama assets, FT reports](https://longbridge.com/en/news/277563779.md) - [Panama officials search CK Hutchison's subsidiary office, source says](https://longbridge.com/en/news/277128402.md) - [CK Hutchison subsidiary slams Panama over ‘unnotified intrusion’ at storage site](https://longbridge.com/en/news/277306603.md) - [Ck Hutchison Holdings says Panama state takes control of PPC terminals](https://longbridge.com/en/news/277105461.md) - [Ck Hutchison says its Panama ports company ceased all operations at the terminals at Balboa and Cristobal on 23 February 2026](https://longbridge.com/en/news/276678978.md)