China Amplifies Rebuke of Li Ka-shing’s Panama Port Deal With BlackRock
March 14, 2025, Bloomberg
CK Hutchison Holdings Ltd. shares plunged Friday after China’s top office on Hong Kong affairs reposted a sharp attack on the conglomerate’s decision to appease President Donald Trump by selling its stake in Panama ports.
The commentary that the Hong Kong and Macau Affairs Office posted on its website originally appeared in the Ta Kung Pao newspaper and warned companies to be very careful about which “side they should stand on.”
It said that social media users have accused the conglomerate founded by billionaire Li Ka-shing of “spinelessgroveling,” ignoring China’s interests and “selling out all Chinese people” in the quick deal announced last week.
CK Hutchison’s shares fell as much as 6.7% Friday morning, the most since September 2022, highlighting investor concerns that Beijing might try to intervene in the deal. Li’s company stands receive cash proceeds of more than $19 billion if the transaction goes through, roughly equivalent to the company’s market value before the deal was announced.
“Faced with such a major event and a matter of great justice, the relevant companies should think twice, think carefully about the nature and crux of the issue, and think carefully about what position and side they should stand on,” the commentary said.
CK Hutchison didn’t immediately respond to a request for comment Friday.
这篇外刊主要讲李嘉诚把公司卖给了美国。请教老师,第四段Li’s company stands receive cash proceeds of more than $19 billion if the transaction goes through, roughly equivalent to the company’s market value before the deal was announced.这个句子的主谓宾是什么?是否有单词省略或遗漏?谢谢老师。
Li’s company stands receive cash proceeds of more than $19 billion if the transaction goes through, roughly equivalent to the company’s market value before the deal was announced.
我觉得receive应为to receive. stand to do sth 意为to be in a situation where you are likely to do something。句子可以翻译为:如果交易达成,李的公司将有望获得超过190亿美元的现金收益,这笔金额大致相当于该公司在交易宣布前的市值。
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