CKH HOLDINGS(00001) 搜狐财经·2025-03-30 15:16Core Viewpoint - The article discusses the ongoing negotiations between Li Ka-shing's company and a U.S. consortium regarding the sale of two ports in Panama, suggesting a likely agreement will be reached by April 2nd, despite public criticism and a lack of favorable proposals from mainland China or Hong Kong [1][2][6]. Group 1: Company Strategy - Li Ka-shing's company, Cheung Kong Holdings, is reportedly determined to proceed with the sale of the ports to the U.S. consortium, as the ports have a return rate of less than 1%, making the sale financially beneficial [2][5]. - The company has relocated its registration to the Cayman Islands, which complicates any direct intervention from Chinese authorities [4][6]. - Cheung Kong Holdings has been pursuing an "outward" strategy since 2015, aligning with China's encouragement of business expansion [4][6]. Group 2: Market Implications - The potential sale of the ports is significant for the U.S., as it aligns with Trump's agenda to regain control over the Panama Canal, which is crucial for U.S. interests in global shipping [7]. - The article highlights that approximately 20% of the Panama Canal's business volume comes from China, indicating that U.S. control over the canal could impact China's maritime trade [7]. - The discussion emphasizes the need for Chinese state-owned enterprises to engage more in the operations of critical maritime routes like the Panama Canal to counterbalance U.S. influence [8].