Balboa Port is pictured after Hong Kong's CK Hutchison agreed to sell its interests in a key Panama Canal port operator to a BlackRock Inc-backed consortium, in Panama City.

CK Hutchison Shares Soar After Panama Canal Stake Sale to BlackRock

Shares of CK Hutchison Holdings Ltd. surged by 12.4% in Hong Kong on Thursday, continuing the momentum from the previous day’s 21.9% rally after the company announced the sale of its Panama Canal stake to BlackRock. The stock climbed to...