Li Ka-shing’s CK Hutchison faces legal battles over Panama ports, risking billions. The Hong Kong billionaire investor, born 1928, stays in the headlines.
On February 12, 2026, Panama's Supreme Court upheld a January ruling declaring the concession held by Hong Kong's CK Hutchison subsidiary to operate the Panama Canal's Balboa and Cristóbal ports unconstitutional. The decision halts Chinese management of these strategic terminals, temporarily transferring operations to Denmark's A.P. Moller-Maersk amid ongoing legal disputes and geopolitical tensions between the U.S. and China.