Hong Kong's richest man Li Ka-shing sells Panama ports, unrelated to politics? Yeah right, I don't buy it!
After taking office, US President Trump accused China of gaining control of the Panama Canal and vowed to reclaim it.
$CKH HOLDINGS(00001.HK) announced last night plans to sell 80% stake in Hutchison Ports at a sky-high price, including 90% stake in Panama ports, expected to cash out HKD 148.2 billion.
So the company says: the deal is purely commercial, unrelated to recent political news about Panama ports. Do you believe it????
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