HU-CKH @EP2612A

CK Hutchison accuses Panama of illegal control over canal port subsidiary

CK Hutchison's Panama Port Company Ceases Operations

Panamanian President Orders Temporary Takeover of CK Hutchison's Panama Ports

CK Hutchison Seeks to Continue Operating Two Ports Near Panama Canal

CK Hutchison Asks Panama to Negotiate on Port Operations

CK Hutchison Sends Notice Under Investment Protection Treaty on Panama Port Operations Dispute

CK Hutchison Responds to Panama's Constitutional Ruling on Port Contract

CKH HOLDINGS' Port Franchise Dispute Sparking Investment Controversy between Panama and Hong Kong

China suspends new Panama project negotiations with Hutchison

Panamanian President Molino Refuses to Grant Port Concessions to a Single Company

Li Ka-shing's Cheung Kong Holdings Initiates International Arbitration Against Panama

Daiwa Downgrades Cheung Kong's Rating to 'Outperform'

JPMorgan Maintains Overweight Rating on CK Hutchison, Sees Mild Profit Recovery

JPMorgan Report: Hutchison's Panama Port Issue Unlikely to Hinder Global Port Sale Plan

Li Ka-shing's Group Decides to Sell 43 Ports Globally

Panama's Supreme Court Rules Cheung Kong's Panama Canal Port Contract Renewal Unconstitutional

CK Hutchison's China Aircraft Services and French Elior Form Joint Venture for Aircraft Dismantling and Parts Trade

Watsons Group Commits to Reducing Primary Plastic Use by 21% by 2030

Hutchison Whampoa Shares Rebound but Slightly Overvalued According to Analysts

KEEN OCEAN

CCOE

MS CONCEPT

FULUM GP HLDG

SUMMI

PUTIAN COMM

SIWI SCI & TECH

REGAL PARTNERS

EPI (HOLDINGS)

ZIJING INTL FIN

00001

00006

560190

561700

CKHUY

562550

01113

159611

CK Hutchison subsidiaries Power Assets, CK Infrastructure, and CK Asset plan to sell UK Power Networks to France's Engie for £10.5 billion (US$14.24 billion). Power Assets expects a gain of HK$10.7 billion (US$1.37 billion) from its 40% stake, while CK Asset anticipates HK$8.4 billion from its 20% stake. CK Infrastructure estimates a gain of HK$14.5 billion from its 40% stake. The sale is pending shareholder and regulatory approvals, with an enterprise value of approximately £15.8 billion.

marketscreener

Select Sect Spdr Util

CKH HOLDINGS

ISHRS S&P Glb Utilities

ADOMANI

POWER ASSETS

VG Utilities

Penghua CSI All Share Utilities ETF

Bosera CSI All Share Electric Utilities ETF

CK Hutchison Holdings

ChinaAMC Green Electricity ETF

CK ASSET

Power Assets Holdings

GF CSI All Share Power Public Service ETF

CKI HOLDINGS

CK Hutchison Subsidiaries, CK Asset to Sell U.K. Electricity Distributor to France's Engie

On the settlement day of the Hong Kong stock index futures, the Hang Seng Index fell 109 points to 26,656 points. CK Infrastructure led a consortium to sell UKPN, with its stock price rising by 5.5%. CKH HOLDINGS and POWER ASSETS rose by 3.8% and 5.3%, respectively. In the technology sector, Alibaba fell by 2.1%, and Baidu fell by 2.6%. AI stocks Zhipu and MiniMax rose by 1.1% and 3.3%, respectively. The total turnover of the market for the half day was HKD 130.935 billion

AASTOCKS

"Hong Kong Stocks" Hang Seng Index futures settlement day down 109 points, CKH HOLDINGS up, CATL down over 5%

The UBS report pointed out that CK Asset sold a 20% stake in UK Power to Engie Group, expecting to recover HKD 22.15 billion in cash, with the net debt ratio approaching a net cash level. CK Asset will record a sale gain of HKD 8.4 billion, with an annualized profit loss of HKD 2.1 billion for the fiscal year 2025. Management plans to use the proceeds from the sale for new acquisitions and share buybacks, expecting a positive response in the stock price, with a target price of HKD 54.9 and a rating of "Buy."

UBS: CK Asset is nearly net cash after selling UK power assets, providing ammunition for future share buybacks

CK Hutchison Holdings Ltd. saw its shares increase by 2.42% in Hong Kong trading. According to Jin10, the rise follows the company's announcement of selling its UK power grid business, generating over HKD 110 billion in proceeds. The sale is part of CK Hutchison's strategic move to optimize its asset portfolio and strengthen its financial position. The transaction is expected to have a significant impact on the company's future investment plans and market performance.

CoinLive

CK Hutchison Shares Rise as Company Sells UK Power Grid Business

00087

00027

Hong Kong stocks ADR is expected to open 386 points higher this morning, at 27,152 points. The relative stock prices and the premium of Hong Kong stocks over ADRs are as follows: CKH HOLDINGS HKD 62.113 (-0.18%), CLP HOLDINGS HKD 75.569 (-0.69%), HK & CHINA GAS HKD 7.51 (1.46%), WHARF HOLDINGS HKD 25.19 (3.53%), HSBC HOLDINGS HKD 147.383 (-3.18%), POWER ASSETS HKD 61.41 (-0.18%), PCCW HKD 6.164 (-3.31%), HENDERSON LAND HKD 34.186 (1.15%), SHK PPT HKD 137.918 (-1.10%), NEW WORLD DEVELOPMENT HKD 10.814 (3.01%), SWIRE PACIFIC A HKD 83.196 (-0.48%), BANK OF E ASIA HKD 15.568 (-1.98%), GALAXY ENT HKD 44.278 (-2.25%), HANG LUNG PPT HKD 10.201 (-1.97%), GEELY AUTO HKD 19.107 (-12.86%), CITIC LIMITED HKD 12.305 (0.93%), CATHAY PAC AIR HKD 13.502 (0.36%)

SWIRE PACIFIC B

GALAXY ENT

WHARF HOLDINGS

CLP HOLDINGS

SWIREPROPERTIES

WHARF REIC

PCCW

HANG LUNG PPT

GLORIOUS PPT H

CATHAY PAC AIR

GEELY AUTO

HK & CHINA GAS

HENDERSON LAND

PCPD

SHK PPT

BANK OF E ASIA

HSBC HOLDINGS

SWIRE PACIFIC A

HANG LUNG GROUP

HENDERSON INV

The Hong Kong stock ADR is expected to open 386 points higher this morning, reporting at 27,152 points

CK Hutchison Holdings and CK Infrastructure Holdings are selling their combined 100% stake in UK Power Networks, a major electricity distribution operator in the UK. The deal involves divesting 40%, 40%, and 20% interests from CKI, PAH, and CKA, respectively. This disposal aims to monetize a long-held investment at an attractive valuation, generating significant accounting gains and freeing cash for future investments. The transaction is subject to conditions and requires shareholder approvals under Hong Kong listing rules. The current analyst rating for CK Hutchison stock is a Hold with a price target of HK$67.00.

Tip Ranks

CK Hutchison Group to Exit UK Power Networks in Major Disposal

China's foreign ministry announced its commitment to protect the rights and interests of CK Hutchison following Panama's cancellation of the company's port contracts. The Hong Kong conglomerate reported threats of criminal prosecution against its employees if they did not vacate two strategic ports near the Panama Canal, amid ongoing legal disputes involving Beijing and Washington.

Reuters

China says it will safeguard rights, interests of CK Hutchinson following Panama court-ordered takeover

China's foreign ministry, on Panama ports: China will resolutely safeguard legitimate rights, interests (not normal operations) of the company

China's foreign ministry, on Panama ports: China will resolutely safeguard legitimate rights, interests (not normal operations) of the company

CK Hutchison says it will continue to consult with their legal advisors regarding the ruling and "forceful takeover"

CK Hutchison says it will continue to consult with their legal advisors regarding the ruling and "forceful takeover"

GDXW

RING

The Panama Supreme Court ruled to revoke the concession rights of CKH Holdings' ports, with APM taking over management. ADD NEW ENERGY acquired nearly 10% equity in an Australian gold producer for HKD 218 million. Xingkai Holdings expects its interim losses to narrow to HKD 12 million to HKD 18 million. China State Construction Industry issued a profit warning, expecting its annual net profit to plummet to HKD 237 million

Tasty Money

Roundhill Gold Miners Weeklypay ETF

iShares MSCI Global Gold Miners

Kinross Gold

EFUND GOLD MI ETF

EFUND GOLD MI-U

ChinaAMC CSI SH-SZ-HK Gold Industry Equity ETF

VanEck Junior Gold Miners ETF

Newmont

YieldMax Gold Miners Opt Inc Strgy ETF

ADD NEW ENERGY

EFUND GOLD MI-R

Agnico Eagle Mines

SD-GOLD

ChinaAMC Gold ETF

Sprott GLD Miners Etf

SPDR Gold Shares

VanEck Gold Miners ETF

[Daily Announcement] Panama cancels CKH HOLDINGS (1) subsidiary's port concession, ADD NEW ENERGY (2623) spends HKD 218 million to acquire equity in Australian gold producer

CKH HOLDINGS' subsidiary has been temporarily taken over at two ports in Panama, with the stock price dropping by 1% at one point. The President of Panama ordered the takeover after the Constitutional Court ruled that CKH HOLDINGS' contract was unconstitutional. CKH HOLDINGS has stated that it will initiate international arbitration proceedings and reserves the right to take further legal action. The takeover does not mean a loss of ownership; Panama will return the property and pay compensation when the reasons for the takeover cease to exist. Maersk and MSC will operate the two ports respectively until a new contract is signed. The Chinese side has expressed concern over this incident, emphasizing the need to protect the rights and interests of Chinese enterprises

Stheadline

CKH HOLDINGS' two ports in Panama were temporarily taken over, and the stock price once fell by 1%

AMKBY

PANAMA CITY, Feb 23 (Reuters) - Panama’s Official Gazette on Monday published a court ruling formally annulling Hong Kong’s CK Hutchison Holdingsconcessions for two ports along its strategic canal, after ruling late January the contracts violated the constitution.CK Hutchison later warned of legal action after A.P. Moller–Maersk (MAERSKb.CO) signaled it was willing to temporarily take over management of the ports.

A.P. Moller - Maersk

Panama formally annuls CK Hutchison port concessions

$CKH HOLDINGS(00001.HK) Bloomberg cited sources reporting that Chinese shipping companies are in talks to join a consortium seeking to acquire CK Hutchison's (0001) port assets. This move aims to alleviate Beijing's concerns about this controversial deal.The report cited sources stating that China COSCO Shipping Corporation $COSCO SHIP HOLD(01919.HK) and several other companies are in discussions with a consortium led by Terminal Investment Ltd. regarding the potential stake held by Chinese investors. The consortium also includes U.S. company BlackRock and its subsidiary Global Infrastructure Partners.

Cosco Ship Hold

COSCO SHIP HOLD

$CKH HOLDINGS(00001.HK) CK Hutchison sells ports｜Bloomberg: Mainland China requests state-owned enterprises to suspend new cooperation projects with CK Hutchison.Informed sources stated that senior Chinese officials last week requested state-owned enterprises to suspend initiating new project collaborations with Li Ka-shing-related companies, including intended and under-review projects of various types. The sources also mentioned that ongoing cooperative projects are not affected by this request. Additionally, the sources revealed that China is currently conducting research and review of all existing and proposed investments related to the Li family's enterprises both domestically and internationally to better understand their commercial dealings.

$CKH HOLDINGS(00001.HK) why did it suddenly surge?Found the reason:CK Hutchison is said to proceed with Panama ports deal despite China ire - Bloomberg News

News

$CKH HOLDINGS(00001.HK) Comparison of CK Hutchison Holdings' performance in 2023 and 2024: The chairman's report significantly reduced the text coverage of port retail and infrastructure businesses compared to 2023, and there was no mention of the Panama Canal terminal transaction. Additionally, CK Asset Holdings canceled the press conference and analyst meeting, clearly reducing voluntary disclosure risks.$CK ASSET(01113.HK)Moreover, the performance report didn't mention it, and even the outlook was so short. Does this mean they don't even dare to think too far ahead???

ING Groep

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????

HU-CKH @EP2612A(25159.HK)

CK Hutchison Subsidiaries, CK Asset to Sell U.K. Electricity Distributor to France's Engie

"Hong Kong Stocks" Hang Seng Index futures settlement day down 109 points, CKH HOLDINGS up, CATL down over 5%

UBS: CK Asset is nearly net cash after selling UK power assets, providing ammunition for future share buybacks

CK Hutchison Shares Rise as Company Sells UK Power Grid Business

The Hong Kong stock ADR is expected to open 386 points higher this morning, reporting at 27,152 points