State Administration for Market Regulation: Parties involved in long-term port transactions must not take any measures to evade antitrust review.

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[State Administration for Market Regulation: Parties involved in the CK Hutchison Port transaction must not evade antitrust review in any way] Recently, the spokesperson of the State Administration for Market Regulation answered reporters’ questions regarding the CK Hutchison Port transaction. A reporter asked: According to a report by The Wall Street Journal on April 16, Cheung Kong’s sale of overseas ports will be split into two separate transactions. What is the comment from the State Administration for Market Regulation? Answer: We are highly concerned about the transactions and will conduct reviews in accordance with the law. All parties involved in the transaction must not take any actions to evade the review, and centralized implementation is prohibited before approval, otherwise legal responsibilities will be borne. (Website of the State Administration for Market Regulation)

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