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CN Foreign Ministry Denies Greenlight for CKH to Sell Ports Beyond Panama Canal
China’s Ministry of Foreign Affairs refuted reports that CKH HOLDINGS (00001.HK) was permitted to sell ports other than those at the Panama Canal. Spokesperson Lin Jian state...
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CN Foreign Ministry Denies Greenlight for CKH to Sell Ports Beyond Panama Canal
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China’s Ministry of Foreign Affairs refuted reports that CKH HOLDINGS (00001.HK)  -0.300 (-0.673%)    Short selling $61.72M; Ratio 13.025%   was permitted to sell ports other than those at the Panama Canal.

Spokesperson Lin Jian stated the reports were baseless, emphasizing that the State Administration for Market Regulation (SAMR) is closely monitoring the transaction and will conduct a legal review.

Related NewsHSBC Research Resumes Coverage of CKH with Rating Buy, Cuts TP to $53
Parties involved are prohibited from circumventing the review, and no consolidation can proceed without approval, or they will face legal consequences, said Lin.

The Chinese government will staunchly safeguard national sovereignty, security, and development interests, ensuring market fairness. It stressed that corporate actions must comply with relevant laws and not erode national interests.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-05-07 16:25.)

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