Li Ka-Shing’s Port Sale Creates Societal Concern, HK Leader Says

Li Ka-shing’s plan to sell the bulk of his company’s global ports operations to a consortium led by BlackRock Inc. is causing concern, according to Hong Kong’s leader.

“There have been extensive discussions in society about the issue,” John Lee said at his weekly press briefing in response to questions on the sale. “This reflects society’s concern over the matter. These concerns deserve serious attention.”

John Lee

Photographer: Lam Yik/Bloomberg

His remarks echo those in a commentary published by Beijing-backed Ta Kung Pao newspaper, which said the deal triggered deep concerns among Chinese people and raised questions over whether the deal harms the ...