Sponsored Ad | Levenstein Crypto Conference - Leaderboard

CK Hutchison shares fall after China's criticises ports sale to US firm BlackRock

CK Hutchison shares fall after China's criticises ports sale to US firm BlackRock

File photo: The company logo of CK Hutchison Holdings is displayed at a news conference in Hong Kong, China March 17, 2016. REUTERS/Bobby Yip/File photo

China’s Hong Kong and Macau Affairs Office (HKMAO) reposted a commentary criticising CK Hutchison‘s port deal with US firm BlackRock as a betrayal of China, sending shares of the Hong Kong-based conglomerate sharply lower on Friday.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter