Markets

BlackRock consortium agrees $22.8bn ports deal with CK Hutchison

The deal from BlackRock, Global Infrastructure Partners and Terminal Investment, which includes the two ports that control the Panama Canal, doesn't include assets in Hong Kong or mainland China; the deal includes ports in Asia, Australia, Europe, Mexico and the Middle East.
March 05, 2025

HKEX enjoys boost from mainland Chinese firms and investors

Bubble tea maker Mixue has listed this week as the market bounces back with a flurry of listing activity expected this year, with mainland Chinese investors increasing use of the Stock Connect; Middle East firms could also seek listings, although other foreign firms could be harder to attract.
March 04, 2025

China hits US with retaliatory tariffs as trade war threat grows

China has hit the US with retaliatory tariffs on a series on products including soybeans, chicken, beef and pork, of up to 15%, after the US decided to impose further 10% tariffs on Chinese imports as of March 4; the US has also slapped tariffs on imports from Mexico and Canada.
March 04, 2025