Gantry cranes operated by Hongkong International Terminals Limited (HIT)., a unit of CK Hutchison Holdings’ Hutchison Port Holdings at the Kwai Tsing Container Terminals in Hong Kong on Monday, March 13, 2023. Photo: Bloomberg.
Singapore’s PSA in talks to sell 20 per cent of Hutchison’s ports to China’s state giants, sources say
- PSA is seeking about US$4 billion for its 20 per cent share of CK Hutchison’s ports assets, the sources said
- PSA, owned by Singaporean state investment firm Temasek Holdings, is working with an adviser as it fields preliminary interest in the stake, they said
