Beijing's regulator latest instructions over scrutiny towards CK Hutchison's port sale
發佈日期: 2025-04-27 19:30
TVB News
CK Hutchison is planning to sell its stakes in 43 ports, including those in the Panama Canal, around the world. The conglomerate will reportedly split the sale into two separate deals.
Beijing's State Administration for Market Regulation said the parties must not circumvent antitrust scrutiny.
The Wall Street Journal reported in mid-April that the sale of CK Hutchison's overseas ports will continue. It will sell its overseas ports, except its two Panamanian ports, first. The Panama Canal ports will be sold later in a separate deal.
On its website, the State Administration for Market Regulation said it is highly concerned about the relevant transactions and will review them in accordance with the law.
The parties to the transaction shall not circumvent the review by any means or implement concentration activities without approval. Or, they will bear legal liability.
Regarding CK Hutchison's proposed sale of the Panama ports, Beijing's market regulator said at the end of March that it had taken note of the transaction and would conduct a review to "protect fair competition in the market" and "safeguard the public interest."
