CK Hutchison downplays port sale snag as Victor Li skips briefings

With chairman unusually absent, key exec says delay 'not particularly troublesome'

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A Chinese flag flutters outside the Cheung Kong Center building, CK Hutchison's headquarters, in Hong Kong on April 1. The conglomerate has been under scrutiny over a move to sell dozens of global ports. © Reuters

KENJI KAWASE and PEGGY YE

TOKYO/HONG KONG -- Victor Li Tzar-kuoi, the chairman of Hong Kong conglomerate CK Hutchison Holdings, skipped earnings briefings with analysts on Thursday, an unusual move as the group brushed off concerns over the fate of a major port sale.

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