Tradelink, the e-trade management company in which the government has a 42 per cent interest, is on the verge of taking stakes in two companies linked to Hutchison Whampoa. The company, which has a monopoly on the electronic transfer of regulatory trade documents, is in the final stages of negotiations to buy a 10 to 20 per cent stake in OnePort, Hutchison's soon-to-be-launched joint venture with the Wharf Group. Hutchison would not comment on the development, but it was confirmed yesterday by a senior official at the Commerce, Technology and Industry Bureau (CITB), which is the biggest shareholder in Tradelink. 'There have been discussions,' said CITB Deputy Secretary Kenneth Mak Ching-yu. 'But, as the market regulator, we leave the decision-making and disclosure of commercial transactions to our private-sector shareholders.' The stake in OnePort, a container trade management portal for the maritime industries at Kwai Chung, will be paid for in cash, according to a source involved in the negotiations. 'We are very close [to a deal],' the source said. Tradelink is also in the late stages of finalising a share swap with Logistics Information Network Enterprise (LINE), a Hutchison subsidiary which provides supply chain solutions for mainland trade. 'The deal has been . . . approved by our shareholders,' a Tradelink executive said.