HONG KONG — Hong Kong tycoon Li Ka-shing’s family conglomerate CK Hutchison on Thursday released annual results that paint a picture of business interests that are far more European than Chinese, just as it finds itself in a geopolitical tight spot.
The group, now run by Li’s eldest son, Victor Li Tzai-kuoi, is caught in a controversy over the sale of two Panama Canal ports and other maritime assets to a consortium led by U.S. investment fund BlackRock.