China's foreign ministry has asked all parties involved in CK Hutchison's (0001.HK), opens new tab planned sale of most of its ports operations to a BlackRock-led (BLK.N), opens new tab consortium to "act prudently," state news agency Xinhua reported on Monday.
BlackRock is a New York-based investment management firm that provides services such as investment, advisory and risk management for government and non-profit organizations.