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Beijing conducting major review of port and shipping assets held by private mainland and local businesses, source says.

Hong Kong's John Lee stated that Hutchison's Panama ports deal must comply with Hong Kong law, addressing concerns regarding the sale to a BlackRock-led group. Beijing is reportedly reviewing port and shipping assets held by private businesses and opposes foreign economic coercion. The deal has faced criticism, impacting Hutchison's stock price.

Hutchison’s Panama ports deal must comply with the law: Hong Kong’s John Lee

Beijing conducting major review of port and shipping assets held by private mainland and local businesses, source says.

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