CK Hutchison faces key port sale date as Hong Kong stokes patriotism

Prospects for signing deal with BlackRock, originally set for Wednesday, unclear

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A view of the Balboa Port, operated by a unit of CK Hutchison, at the Panama Canal on March 4. The port and dozens of others are to be sold to a consortium led by U.S. investment firm BlackRock. © Reuters

KENJI KAWASE

HONG KONG -- A prescribed "deadline" for Hong Kong conglomerate CK Hutchison Holdings' sale of dozens of worldwide ports arrived Wednesday, with uncertainty swirling over the prospects for proceeding amid relentless criticism from Chinese state-backed media.

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