Chinese authorities increased pressure on CK Hutchison Holdings Ltd. over its plan to sell its Panama ports stake by sharing a second newspaper commentary attacking the deal.

HONG KONG -- Chinese state media escalated criticism of CK Hutchison, the Hong Kong-based conglomerate owned by tycoon Li Ka-shing's family, arguing that its agreement to sell Panama Canal port assets to a consortium led by U.S. investment firm BlackRock is unpatriotic.

HONG KONG] Hong Kong billionaire Li Ka-shing has raised Beijing’s ire by agreeing to sell its control over ports in Panama to appease US President Donald Trump. But there may be little the Chinese authorities can do to punish him for it.