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CK Hutchison dealmakers urged by China to proceed with 'caution'

( April 29, 2025, 02:59 GMT | Official Statement) -- MLex Summary: Transacting parties involved in CK Hutchison's proposed sale of a large portion of its port assets should proceed with caution, Guo Jiakun, spokesperson for the Ministry of Foreign Affairs, said at a daily briefing yesterday, reaffirming China's intention to conduct an antitrust review of the transaction. Guo's remarks followed a media inquiry about a report that the Chinese government had indicated to CK Hutchison that selling ports outside the Panama Canal would not pose a problem. Guo reiterated an earlier statement by China's antitrust regulator that the transacting parties must not use any methods to circumvent the planned review.The excerpt of the transcript follows:...

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