Is Hutchison Port Holdings Trust (HPHT) on the way to snatching victory from the jaws of defeat?
That’s a totally fair question.
And a very reasonable answer is a resounding yes.
Background
The 2011 Hutchison announcement that it would hive off its Hong Kong and Pearl River Delta terminals and list them as a trust on the Singapore Exchange – a major capital markets highlight then – raised quite a few eyebrows in the Lloyd’s …
The post Against the odds: Hutchison Port on the mend – double or quits now appeared first on The Loadstar.
Source: The Loadstar
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