HK Stock Market Move | CKH Holdings (00001) fell more than 4% in the afternoon, currently leading the decline in blue chips. Uncertainty in port trading has increased.
Changhe (00001) fell over 4% in the afternoon, leading the decline among blue chips for now. As of the time of writing, it has fallen by 4.16% to HK$53, with a turnover of HK$280 million.
CKH HOLDINGS (00001) fell more than 4% in the afternoon, leading the decline in blue chips. As of the report, it fell 4.16% to 53 Hong Kong dollars, with a turnover of 2.8 billion Hong Kong dollars.
On the news front, according to financial magazine reports citing media reports, if China Cosco Shipping Group Ltd. insists on obtaining a majority stake, BlackRock Group and Mediterranean Shipping Company of Switzerland are considering abandoning their deals to purchase ports from CKH HOLDINGS. Earlier reports stated that the specific rights and ownership percentages of Cosco Shipping in the buyer consortium of CKH HOLDINGS' ports are one of the key points of negotiation among the parties. "Financial Magazine" has asked the exchanges about the progress of negotiations, involving BlackRock, TiL, Mediterranean Shipping, Cosco Shipping, etc., but as of the report, they have not received any comments.
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