CK Hutchison confirms Aponte's MSC is main investor in ports deal [Yahoo! Finance]
CK HUTCH HLD LTD UNSP/ADR (CKHUY)
NASDAQ:AMEX Investor Relations:
ckh.com.hk/en/ir
Company Research
Source: Yahoo! Finance
is the main investor in a group seeking to buy 43 ports from the Hong Kong conglomerate. Hutchison co-managing director Dominic Lai was speaking at the company's annual general meeting following weeks of scrutiny and criticism in China of its proposal to sell most of its $22.8 billion global ports business to a consortium led by U.S. investment firm BlackRock. When asked if the Swiss-headquartered MSC shipping empire, which is controlled by the Aponte family, was the major investor, Lai said: "Yes, it has been from the beginning." CK Hutchison has not previously disclosed the exact ownership of each investor in the consortium. MSC did not immediately respond to a request for comment on Lai's remarks. The sale of assets, which would include two ports along the strategically important Panama Canal, has become highly politicised at a time of intensifying U.S.-China trade tensions. In April, China's top market regulator said it was paying close attention to CK Hutchison's plan
Show less
Read more
Impact Snapshot
Event Time:
CKHUY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
CKHUY alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
CKHUY alerts
High impacting CK HUTCH HLD LTD UNSP/ADR news events
Weekly update
A roundup of the hottest topics
CKHUY
News
- How U.S. oil tanker seizures targeting Venezuela tie into geopolitical rivalry with China [CNBC]CNBC
- EU Scrutinizes MSC's Planned Stake in Barcelona Port Terminal [Yahoo! Finance]Yahoo! Finance
- BlackRock's bid for Hutchison's Barcelona terminal may push up prices, EU says [BNN Bloomberg (Canada)]BNN Bloomberg
- MSC, BlackRock's bid for Hutchison's Barcelona terminal may push up prices, EU says [Yahoo! Finance]Yahoo! Finance
- A Fresh Look at CK Hutchison Holdings (SEHK:1) Valuation Following Recent Shareholder Returns [Yahoo! Finance]Yahoo! Finance