Shares of Hong Kong’s CK Hutchison sink on critique; ‘betraying and selling off’ the Chinese people ...

The CK Hutchison-BlackRock deal has drawn criticism from the Chinese government, which characterized the transaction as a "betrayal" and "spineless groveling".

HONG KONG -- Chinese state media escalated criticism of CK Hutchison, the Hong Kong-based conglomerate owned by tycoon Li Ka-shing's family, arguing that its agreement to sell Panama Canal port assets ...