Why is China freezing deals with Li Ka-shing’s firms after his Panama port sale plan?

Why is China freezing deals with Li Ka-shing’s firms after his Panama port sale plan?

Chinese regulators have also begun examining the Hong Kong tycoon’s family’s investments, both domestic and overseas, in an effort to map the full extent of their financial interests

Hong Kong tycoon Li Ka-shing waves goodbye to journalists after announcing his retirement as chairman of CK Hutchison Holdings Ltd at a news conference in Hong Kong, China March 16, 2018. Reuters