CK Hutchison climbs after launching arbitration proceedings against Panama
BUZZ-CK Hutchison climbs after launching arbitration proceedings against Panama ** Shares of CK Hutchison 0001.HK climb 2.4% to HK$71.25, on track for the biggest one-day pct rise since July, 10
** Stock touches its highest level since August 17
** The conglomerate launches international arbitration proceedings against Panama and seek damages of more than $1.5 billion for the "destruction" of its investments in the Central American nation
** Panama's economy ministry and presidency did not immediately respond to Reuters request for comment
** YTD, stock up 32.1%, benchmark Hang Seng Index .HSI up 0.4%
(Reporting by Donny Kwok)
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