
$COSCO SHIP PORT(01199.HK)On July 28, CK Hutchison announced on the Hong Kong Stock Exchange regarding the transaction involving Hutchison Port Holdings Trust. The company confirmed that the exclusive negotiation period mentioned in the announcement released on March 4 between the group and a consortium has expired. Despite the expiration of this period, the group is still in discussions with consortium members, intending to invite major strategic investors from mainland China to join as key members of the consortium. To ensure the transaction can obtain approval from all relevant regulatory authorities and departments, changes will be made to the consortium's members and transaction structure. The group intends to allow sufficient time for relevant discussions to reach a new arrangement. The company has repeatedly stated that no transaction will be conducted until all relevant regulatory approvals are obtained.
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