Core Viewpoint - The company Cheung Kong Holdings opposes the Panamanian government's forcible takeover of the assets, employees, and operations of Panama Ports Company, which has led to the termination of operations at Balboa and Cristobal container terminals [2][3]. Group 1: Government Actions - On February 23, 2026, the Panamanian government forcibly entered the Balboa and Cristobal container terminals operated by Panama Ports Company, taking control of administrative and operational functions [3]. - The government published a ruling from the Supreme Court and an administrative decree that mandated the "occupation" of all movable assets of Panama Ports Company [3][4]. - Government representatives informed Panama Ports Company that its concession rights were no longer valid and that operations must cease, with employees being instructed to leave and not communicate with the company [3][4]. Group 2: Legal and Operational Implications - The concession rights granted to Panama Ports Company for operating the Balboa and Cristobal terminals were forcibly terminated as of February 23, 2026 [4]. - Cheung Kong Holdings asserts that the government's actions are illegal and pose serious risks to the operations, health, and safety at the terminals [4]. - The company plans to consult legal advisors regarding the ruling and the government's actions, exploring all possible legal avenues against the Panamanian government and any colluding third parties [4]. Group 3: Financial Impact - Following the announcement of the government's actions, Cheung Kong Holdings' stock price fell nearly 2%, with a total market capitalization of HKD 241.5 billion [5][6]. - The stock price was reported at HKD 63.05, down 1.87% as of noon on February 24, 2026 [6]. Group 4: Historical Context - Cheung Kong Holdings has managed the Cristobal and Balboa ports since 1997, with the concession extended for an additional 25 years in 2021 [7]. - In January 2026, the Panamanian Supreme Court ruled that Cheung Kong's rights to operate the ports were unconstitutional, leading to the announcement that Maersk would take over operations [7]. - The company has notified the Panamanian government under investment protection treaties regarding the dispute and has sought negotiations to resolve the matter [7].

每经AI快讯，2月24日，据香港特区新闻公报，香港特区商务及经济发展局局长丘应桦向巴拿马驻港总 领事提出严正抗议，香港特别行政区(特区)政府对巴拿马政府昨日(2月23日)强行接管和记港口巴拿马港 口公司经营的两个巴拿马港口并撤销其经营权、破坏合约精神的行为，表达强烈不满和反对，并强调会 坚定支持和维护香港企业在海外的合法权益。 ...

Core Viewpoint - The company, CK Hutchison Holdings, opposes the Panamanian government's forced takeover of the assets, employees, and operations of the Panama Ports Company, which has led to the termination of operations at the Balboa and Cristobal container terminals [1][4]. Group 1: Company Actions and Responses - On February 24, 2026, CK Hutchison announced its opposition to the Panamanian government's actions, which included the forced entry and takeover of the Balboa and Cristobal container terminals [1][2]. - The company stated that the government's actions are illegal and pose serious risks to the operations, health, and safety of the terminals [4]. - CK Hutchison plans to consult legal advisors regarding the forced takeover and the termination of the Panama Ports Company's operating rights, exploring all possible legal avenues [4]. Group 2: Government Actions - The Panamanian government executed a series of actions over the past year, culminating in the forced takeover of the Panama Ports Company on February 23, 2026, which included a court ruling and an administrative decree [3]. - The government has prohibited representatives of the Panama Ports Company from entering the terminals and has instructed employees to cease communication with the company [3]. Group 3: Financial Impact - Following the announcement of the government's actions, CK Hutchison's stock price fell nearly 2%, resulting in a total market capitalization of HKD 241.5 billion [5].

格隆汇2月24日｜长江和记实业有限公司发表声明，披露巴拿马政府于当地时间23日采取"强行接管"行 动，派员进入由旗下附属公司巴拿马港口公司（Panama Ports Company, PPC）营运的巴尔博亚港和克里 斯托瓦尔港，全面控制行政及营运权，并禁止公司代表进入。长和直斥此举不合法，形容是强行没收， 誓言将透过一切法律途径追究到底。 ...

本文转载自每日经济新闻 值班编辑 | 宝珠 视觉 | 顾芗 据参考消息援引法新社2月19日报道，李嘉诚旗下长江和记实业有限公司（下称"长江和记"）方面称，该 公司19日向巴拿马政府提出请求，希望就该公司继续运营巴拿马运河两端港口事宜进行谈判。 自1997年以来，长江和记一直管理着巴拿马运河大西洋一侧的克里斯托瓦尔港和太平洋一侧的巴尔博亚 港。2021年，这一特许经营权被延长了25年。 上月，巴拿马最高法院裁定长和集团持有巴拿马运河两端港口运营权违宪。随后，巴拿马宣布丹麦马士 基航运集团将接管运河两端港口的运营。长和集团表示将就此采取法律行动。 2月12日，长江和记公告称，已根据投资保护条约，就争议事项通知巴拿马共和国，以保障长江和记的 权益，并邀请巴拿马共和国进行磋商，就巴拿马政府所采取并影响长江和记及巴拿马港口公司的行动， 持续积极寻求解决方案。巴拿马港口公司为长江和记间接持有之附属公司。 长江和记称，尽管裁决尚未正式发布或生效，巴拿马政府却已步步进迫采取行动，不但意图迫使巴拿马 港口公司退出其港口营运，并且强制接管港口的过渡措施，而从未清晰交代其营运计划。 长江和记称，将继续咨询法律顾问，研究所有可行途径 ...

Group 1 - The U.S. Supreme Court ruled that the Trump administration's large-scale tariff measures under the International Emergency Economic Powers Act lacked clear legal authorization, with a decision of 6 to 3 upholding a lower court's ruling [12] - The ruling only restricts the president's ability to impose tariffs under the International Emergency Economic Powers Act and does not completely revoke his authority to levy tariffs [12] - The estimated amount of tariffs collected by the Trump administration under this act exceeded $175 billion, according to economists from the University of Pennsylvania [12] Group 2 - Following the Supreme Court's ruling, President Trump announced plans to impose an additional 10% tariff on global imports for 150 days, based on the Trade Act of 1974, to replace the previously deemed illegal emergency tariffs [13] - Trump described the Supreme Court's decision as "shameful" and indicated he has considered alternative strategies to address the implications of the ruling [13] Group 3 - Longfor Group, under Li Ka-shing, has requested negotiations with the Panamanian government regarding the operation of ports at both ends of the Panama Canal, following a ruling that deemed their operational rights unconstitutional [16] - The company plans to take legal action in response to the decision that allows Maersk to take over the operations of the ports [16]

Group 1 - Major blue-chip stocks mostly rose, with HSBC Holdings closing at HKD 137.775, up 2.59% from the previous close in Hong Kong [2] - Tencent Holdings closed at HKD 531.758, an increase of 1.87% from the previous close in Hong Kong [2] Group 2 - Tencent Holdings reported a latest price of HKD 522.000, down HKD 11.000 or 2.06%, with an ADR price of HKD 531.758, showing an increase of HKD 9.758 compared to the Hong Kong stock price [3] - Alibaba Group (W) had a latest price of HKD 147.100, down HKD 7.600 or 4.91%, with an ADR price of HKD 150.874, reflecting an increase of HKD 3.774 compared to the Hong Kong stock price [3] - HSBC Holdings had a latest price of HKD 134.300, up HKD 0.100 or 0.07%, with an ADR price of HKD 137.775, indicating an increase of HKD 3.475 compared to the Hong Kong stock price [3]

运营这两处港口的长江和记子公司的发言人亚历杭德罗·库鲁克利斯在接受媒体访问时说："我们要求举 行一次长和集团与巴拿马行政部门代表的圆桌会议，以寻求合理的解决方案。" 库鲁克利斯表示，该公司愿意就合同中的所有条款重新谈判。（参考消息） 据法新社2月19日报道，总部位于香港的长江和记实业有限公司方面称，该公司19日向巴拿马政府提出 请求，希望就该公司继续运营巴拿马运河两端港口事宜进行谈判。 上月，巴拿马最高法院裁定长和集团持有巴拿马运河两端港口运营权违宪。随后，巴拿马宣布丹麦马士 基航运集团将接管运河两端港口的运营。长和集团表示将就此采取法律行动。 ...

Core Viewpoint - CK Hutchison Holdings Limited is seeking negotiations with the Panamanian government regarding the operation of ports at both ends of the Panama Canal after a court ruling deemed their operating rights unconstitutional [1] Group 1: Company Actions - CK Hutchison has formally requested a roundtable meeting with representatives from the Panamanian government to seek a reasonable resolution regarding the operation of the ports [1] - The company is willing to renegotiate all terms of the contract related to the port operations [1] Group 2: Legal Context - The Supreme Court of Panama ruled that CK Hutchison's rights to operate the ports were unconstitutional, leading to the announcement that Maersk Group would take over the operations [1] - The Hong Kong government has expressed strong dissatisfaction and opposition to the court's ruling, indicating potential diplomatic support for CK Hutchison [1] Group 3: Historical Background - CK Hutchison has managed the Atlantic side's Cristobal Port and the Pacific side's Balboa Port since 1997, with the concession extended for an additional 25 years in 2021 [1]

Core Insights - The top three companies with the highest short-selling ratios are Cheung Kong (00001), CLP Holdings (00002), and Hong Kong and China Gas (00003), all reporting a short-selling ratio of 0.00% [1][2] - The companies with the highest short-selling amounts are also Cheung Kong, CLP Holdings, and Hong Kong and China Gas, with unspecified amounts [1][2] - The companies with the highest deviation values are Yancoal Australia (03668), Ruifeng Power (02025), and Asia Pacific Resources (01104), with deviation values of -0.38%, -0.42%, and -0.49% respectively [1][2] Short-Selling Ratio Rankings - The top ten companies by short-selling ratio all report 0.00%, including Cheung Kong (00001), CLP Holdings (00002), and Hong Kong and China Gas (00003) [2] - Other companies in the top ten include Kowloon Warehouse Group (00004), HSBC Holdings (00005), and Power Assets Holdings (00006), all with a short-selling ratio of 0.00% [2] Short-Selling Amount Rankings - The top ten companies by short-selling amount also include Cheung Kong (00001), CLP Holdings (00002), and Hong Kong and China Gas (00003), all with unspecified amounts [2] - Other notable companies in this ranking include Kowloon Warehouse Group (00004) and HSBC Holdings (00005), both reporting 0.00% short-selling ratios [2] Deviation Value Rankings - The top three companies with the highest deviation values are Yancoal Australia (03668) at -0.38%, Ruifeng Power (02025) at -0.42%, and Asia Pacific Resources (01104) at -0.49% [1][2] - Other companies with significant deviation values include Different Group (06090) at -0.51% and Zhiyun Technology Construction (09900) at -0.55% [2]