Hong Kong’s airport operator raised HK$19 billion ($2.4 billion) from what is expected to be its only public bond sale this year, adding to a surge in debt sales denominated in the city’s currency.
Hong Kong’s airport operator raised HK$19 billion ($2.4 billion) from what is expected to be its only public bond sale this year, adding to a surge in debt sales denominated in the city’s currency.
A visitor walks through the departure hall at the Hong Kong International Airport in Hong Kong. Photographer: Bertha Wang/Bloomberg
Ports operator China Merchants Group is in talks to join a consortium seeking to buy dozens of CK Hutchison Holdings Ltd.’s ports, people familiar with the matter said, giving renewed momentum to a deal that stalled after emerging as a geopolitical flashpoint between China and the US.
Ports operator China Merchants Group is in talks to join a consortium seeking to buy dozens of CK Hutchison Holdings Ltd.’s ports, people familiar with the matter said, giving renewed momentum to a deal that stalled after emerging as a geopolitical flashpoint between China and the US.
Shipping containers at the Port of Los Angeles in Los Angeles, California, US, on Thursday, April 24, 2025. China said it will “fully prepare” emergency plans to ward against increasing external shocks, taking a patient approach in defending growth as a deepening trade war with Donald Trump piles pressure on the world’s No. 2 economy. Photographer: Eric Thayer/Bloomberg
CK Hutchison Holdings Ltd. has commenced arbitration against A.P. Moller-Maersk A/S after Panama’s forced takeover of its two ports in the country, intensifying a legal battle over control of the assets.
CK Hutchison Holdings Ltd. has commenced arbitration against A.P. Moller-Maersk A/S after Panama’s forced takeover of its two ports in the country, intensifying a legal battle over control of the assets.
Trucks wait in line next to the Maersk Hartford cargo ship at the Port of Charleston in Charleston, South Carolina, U.S., on Thursday, Dec. 17, 2015. The U.S. Census Bureau is scheduled to release international trade balance figures on December 29.
Unwilling to cede control over New World Development Co., Hong Kong’s billionaire Cheng family is now betting on the revival of the city’s property market and mulling options like a public share sale to meet the embattled developer’s debt obligations.
Unwilling to cede control over New World Development Co., Hong Kong’s billionaire Cheng family is now betting on the revival of the city’s property market and mulling options like a public share sale to meet the embattled developer’s debt obligations.
CK Hutchison Holdings Ltd.’s shares jumped the most in about a month after the company signaled it will aggressively pursue new deals to bolster shareholder value, as it navigates a volatile geopolitical landscape.
CK Hutchison Holdings Ltd.’s shares jumped the most in about a month after the company signaled it will aggressively pursue new deals to bolster shareholder value, as it navigates a volatile geopolitical landscape.
Gantry cranes and container ships at the Yantian International Container Terminals, operated by CK Hutchison Holdings Ltd.'s Hutchison Port Holdings Trust (HPH Trust), in Shenzhen, China, on Monday, April 7, 2025. China's policymakers discussed measures over the weekend to stabilize the economy and the markets in the face of US President Donald Trump's tariff onslaught, including whether to accelerate plans to unleash stimulus to bolster consumption, according to people familiar with the matter.
Chow Tai Fook Enterprises Ltd., the main investment arm of Hong Kong billionaire Henry Cheng’s family, is looking to refinance an around HK$7.3 billion ($932 million) loan due in June, according to people familiar with the matter, testing banks’ appetite for exposure to a firm tied to the clan’s troubled property business.
Chow Tai Fook Enterprises Ltd., the main investment arm of Hong Kong billionaire Henry Cheng’s family, is looking to refinance an around HK$7.3 billion ($932 million) loan due in June, according to people familiar with the matter, testing banks’ appetite for exposure to a firm tied to the clan’s troubled property business.
An attendee stands in front of a screen showing the skyline of Hong Kong during the Global Financial Leaders' Investment Summit in Hong Kong, China, on Wednesday, Nov. 20, 2024. Hong Kong is hosting the world's top bankers in the third edition of an annual summit intended to boost the city's status as a global financial hub. Photographer: Paul Yeung/Bloomberg
Fosun International Ltd. shares reversed losses to climb as much as 2.2% in Hong Kong after controlling shareholders pledged to boost their holdings, easing investor concerns over a forecast fivefold widening of annual losses.
Fosun International Ltd. shares reversed losses to climb as much as 2.2% in Hong Kong after controlling shareholders pledged to boost their holdings, easing investor concerns over a forecast fivefold widening of annual losses.
CK Hutchison Holdings Ltd.’s plans to sell its suite of global ports are at an impasse a year after the deal was announced, with hopes now pinned on an upcoming meeting between Donald Trump and Chinese leader Xi Jinping to yield a political breakthrough.
CK Hutchison Holdings Ltd.’s plans to sell its suite of global ports are at an impasse a year after the deal was announced, with hopes now pinned on an upcoming meeting between Donald Trump and Chinese leader Xi Jinping to yield a political breakthrough.
Gantry cranes at a port owned by a unit of CK Hutchison Holdings Ltd. in Hong Kong.
Macau’s gaming revenue rose a stronger-than-expected 4.5% in February, as the world’s biggest gambling hub benefited from a Lunar New Year tourism boost.
Macau’s gaming revenue rose a stronger-than-expected 4.5% in February, as the world’s biggest gambling hub benefited from a Lunar New Year tourism boost.
A roulette wheel at the MGS Entertainment Show in Macau, China, on Tuesday, Nov. 14, 2023. Macau’s casinos have largely stayed on a recovery path this year, with the city’s gaming revenue returning to 74% of pre-pandemic levels last month as tourists flocked to the hub during China’s Golden Week holiday. Photographer: Eduardo Leal/Bloomberg
CK Hutchison Holdings Ltd. has warned A.P. Moller-Maersk A/S of legal action should the Nordic company’s terminal unit try to take over operations at two ports near Panama’s strategic canal.
CK Hutchison Holdings Ltd. has warned A.P. Moller-Maersk A/S of legal action should the Nordic company’s terminal unit try to take over operations at two ports near Panama’s strategic canal.
The Port of Balboa at the Pacific entrance of the Panama Canal in Panama City, Panama. Photographer: Walter Hurtado/Bloomberg
When President Donald Trump called for the US to retake control of the Panama Canal during his inauguration speech last year, falsely claiming that the waterway is being operated by China, it set off a chain of events that landed Hong Kong tycoon Li Ka-shing in the middle of a proxy battle between two superpowers.
When President Donald Trump called for the US to retake control of the Panama Canal during his inauguration speech last year, falsely claiming that the waterway is being operated by China, it set off a chain of events that landed Hong Kong tycoon Li Ka-shing in the middle of a proxy battle between two superpowers.
The Port of Balboa at the Pacific entrance of the Panama Canal.
China is asking state firms to halt talks over new projects in Panama, as part of Beijing’s broader retaliation after the Central American country voided CK Hutchison Holdings Ltd.’s contract to operate two ports along its strategic canal, according to people familiar with the matter.
China is asking state firms to halt talks over new projects in Panama, as part of Beijing’s broader retaliation after the Central American country voided CK Hutchison Holdings Ltd.’s contract to operate two ports along its strategic canal, according to people familiar with the matter.
Containers and cranes at the Port of Balboa at the Pacific entrance of the Panama Canal in Panama City, Panama, on Tuesday, Feb. 25, 2025. Panama is considering canceling its contract with Hutchison Ports PPC, a Hong Kong-based company that operates ports near the Panama Canal, to defuse President Donald Trump's threats about countering China's influence.
A pro-Beijing newspaper has slammed a decision by Panama’s top court to void CK Hutchison Holdings Ltd.’s contract to operate two ports, accusing the ruling of kowtowing to US pressure and urging Hong Kong businesses to halt investment in the region.
A pro-Beijing newspaper has slammed a decision by Panama’s top court to void CK Hutchison Holdings Ltd.’s contract to operate two ports, accusing the ruling of kowtowing to US pressure and urging Hong Kong businesses to halt investment in the region.
Cheung Kong Center building, which houses the headquarters of CK Hutchison Holdings Ltd. and CK Asset Holdings Ltd., center, in Hong Kong, China, on Friday, July 4, 2025. Hong Kong authorities intervened for the third time in a week to support the currency, which had dropped toward the weak end of its official trading band as the city’s interest rates touched a three-year low.
Macau’s gaming revenue rose 24% in January, beating analyst estimates as casinos in the world’s biggest gambling hub continued to rely on perks like free concert tickets and entertainment offerings to lure high-spending travelers.
Macau’s gaming revenue rose 24% in January, beating analyst estimates as casinos in the world’s biggest gambling hub continued to rely on perks like free concert tickets and entertainment offerings to lure high-spending travelers.
Panama’s top court has ruled that the contract granted to Li Ka-shing’s CK Hutchison Holdings Ltd. to operate two ports near the Panama canal is unconstitutional, delivering a win for Donald Trump’s drive to rein in China’s control of strategic infrastructure in Latin America.
Panama’s top court has ruled that the contract granted to Li Ka-shing’s CK Hutchison Holdings Ltd. to operate two ports near the Panama canal is unconstitutional, delivering a win for Donald Trump’s drive to rein in China’s control of strategic infrastructure in Latin America.
The Port of Balboa at the Pacific entrance of the Panama Canal in Panama.
Las Vegas Sands Corp.’s local unit Sands China Ltd. fell as much as 9.8% in Hong Kong on Thursday, the biggest drop since last April, after weaker-than-expected profit in Macau sent the parent’s US shares down 10% in extended trading.
Las Vegas Sands Corp.’s local unit Sands China Ltd. fell as much as 9.8% in Hong Kong on Thursday, the biggest drop since last April, after weaker-than-expected profit in Macau sent the parent’s US shares down 10% in extended trading.
New World Development Co. is racing to offload at least one asset by the end of June to meet its self‑imposed HK$27 billion ($3.5 billion) sales target and generate positive cash flow, according to people familiar with the matter.
New World Development Co. is racing to offload at least one asset by the end of June to meet its self‑imposed HK$27 billion ($3.5 billion) sales target and generate positive cash flow, according to people familiar with the matter.
Macau’s gaming revenue rose 14.8% in December, missing analyst expectations, in a sign that growth in the world’s biggest gambling hub might have lost some steam.
Macau’s gaming revenue rose 14.8% in December, missing analyst expectations, in a sign that growth in the world’s biggest gambling hub might have lost some steam.
Macau’s gaming revenue rose 14.4% in November, exceeding analysts’ expectation as the world’s biggest gambling hub continues to draw big bettors with perks and events.
Macau’s gaming revenue rose 14.4% in November, exceeding analysts’ expectation as the world’s biggest gambling hub continues to draw big bettors with perks and events.
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