This is how a billionaire Hong Kong turned Trump’s pressure on Panama into a profitable deal!


After a career march to conclude deals, Lee Ka-Sing, the 96-year-old billionaire Hong Kong, has just succeeded in completing one of his deals so far.

In light of the pressures imposed by the administration of US President Donald Trump on two ports on the Panama channel run by CK Hutchison Holdings, the company, which is controlled by the Li family, announced a plan to exit from the largest part of its business in global ports, and sell it to an investment alliance led by “Black Rock” company (Blackrock). As a result, the company, which is based in Hong Kong, will receive cash revenue exceeding $ 19 billion.


Investors and even some of the closest consultants in the CK Hotlson were surprised that what started with two ports in Panama has now developed into a much wider deal. According to the agreement, the company will sell 43 ports in 23 countries, while keeping its facilities on the Chinese mainland and Hong Kong.

The group believes that the sale deal is an opportunity to reap profits, especially in light of the escalation of global geopolitical tensions and commercial barriers that weakened the horizons of the ports business, according to people familiar with the matter who asked not to reveal their identities due to the sensitivity of the deal.

The th. On the deal, in welcome among investors, analysts confirmed that the “CK Hotenchon” got a good price for its assets. The shares of the company jumped by 25%, adding about 5 billion dollars to its market value. And before the. On the deal, the company’s shares have declined by about 7% since the beginning of the year.

“This deal embodies an excellent example of how to convert geopolitical risks into investment opportunities,” said Gary Ng, Natixis SA. The company seized the opportunity to collect and sell its business in the port sector at a distinct price, including its operations in the Panama channel.

A spokesman for the CK Hotelson refused to comment other than what was stated in the. The official, which confirmed that the deal is “a purely commercial nature and has nothing to do with recent political reports related to Panama’s ports.”

Before the. On the deal, the market value of the CK Hotelson was almost the value of the sale, which amounted to about 19 billion dollars. This highlights “the extent of the actual evaluation of the group in the market,” according to Vincent Lam, the chief investment official of the “VL Asset Management” based in Hong Kong.

Lam added that “CK Hotchesson is stuck between China and the United States, which makes it difficult for her to satisfy any of the two parties,” Lam added. But some investors may consider this deal an opportunity to reduce political risks and enhance the value of the group. ”

In addition to Panama, the CK Hotelson runs ports in Mexico, as well as its spread in Asia, the Middle East, Africa, Europe and Estalassia. (Bloomberg)


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