(Hong Kong, 19 December 2016) Hutchison Port Holdings Trust and COSCO SHIPPING Ports Limited wish to make the announcement that Hongkong International Terminals Limited (HIT), COSCO-HIT Terminals (Hong Kong) Limited (CHT) and Asia Container Terminals Limited (ACT) have today entered into a formal collaboration for the efficient co-management and operation of 16 berths across Terminals 4, 6, 7, 8 and 9 (together the “Combined Terminals”) at Kwai Tsing, New Territories, Hong Kong.