长江和记：强烈反对，保留一切权利

Core Viewpoint - The Panama Supreme Court's ruling declaring the contract for the operation of ports by Hong Kong enterprises as unconstitutional is seen as a violation of legal principles and has drawn strong opposition from both the Chinese government and the Hong Kong Special Administrative Region (HKSAR) government [4][5][9]. Group 1: Company Actions and Responses - Changjiang Holdings announced that its subsidiary, Panama Port Company (PPC), which holds a 90% stake, has initiated arbitration against the Republic of Panama due to the Supreme Court's ruling and government actions being inconsistent with the original legal framework and concession agreement [1]. - The board of Changjiang Holdings expressed strong opposition to the ruling and plans to consult legal advisors while reserving all rights, including pursuing further domestic and international legal actions [1]. Group 2: Government and Public Reactions - The Chinese government and HKSAR government have firmly opposed the ruling, emphasizing that it severely undermines the legitimate rights of Hong Kong enterprises and damages the business environment in Panama [4][9]. - The HKSAR government stated that the ruling could shake investor confidence and harm bilateral relations and long-term economic development [9]. - The Chinese Foreign Ministry has indicated that it will take all necessary measures to protect the legitimate rights of Chinese enterprises, including those from Hong Kong, against such coercive actions [10]. Group 3: Economic Implications - The ruling is viewed as a significant threat to Panama's credibility as a host for international investments, potentially leading to long-term damage to its business environment and economic development [5][6]. - The Hong Kong enterprises have invested over $1.8 billion in Panama, creating thousands of jobs, and the ruling is seen as detrimental not only to the companies involved but also to Panama's own interests [5].