Posted inHong Kong

‘Against the national interest’: Australia blocks US$9bn Hong Kong bid for gas pipeline giant

Australia on Wednesday blocked a bid of more than US$9 billion from Hong Kong giant CK Group for the country’s biggest gas pipeline company, saying it would be against its “national interest”. The preliminary decision by Treasurer Josh Frydenberg is the latest in a series of rejections by Canberra over foreign purchases of Australian infrastructure […]