Li Ka-Shing’s Port Firm ‘Committed’ to Panama Amid Trump Threats

Billionaire Li Ka-shing’s port business in Panama said it’s committed to operating in the country, after local authorities launched an audit of the company amid concerns raised by US President Donald Trump.

Hutchison Ports PPC, a unit of Li’s flagship conglomerate CK Hutchison Holdings Ltd., is fully cooperating with the audit and is maintaining due transparency, it said in a statement.

The company, which controls two ports adjacent to the Panama canal, has contributed over 5.9 billion balboas ($5.9 billion) to the national economy since its arrival in Panama, generating thousands of jobs, it said.

“We reaffirm ...