Hong Kong leader opposes 'coercion and bullying' by foreign governments

, Reuters -  10:06 PM ET 3/17/2025 Company News

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HONG KONG, March 18 (Reuters) - Hong Kong leader John Lee said on Tuesday his government is opposed to "coercion and bullying tactics" by foreign governments when asked about conglomerate CK Hutchison's ( CKHUF ) port deal with U.S. firm BlackRock ( BLK ).

CK Hutchison ( CKHUF ) said this month it agreed to sell most of its global $22.8 billion ports business, including assets held along the strategically important Panama Canal, to a group led by BlackRock ( BLK ) in a deal that has become politicised. (Reporting By Clare Jim and Jessie Pang; Editing by Anne Marie Roantree and Tom Hogue)

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