Black Rock is dealing with $ 19 with Li Ka -SHING Sparks China Scrutiny. Government companies have told stopping new relationships: Blackrock (NYSE: BLK) report

after CK Hutchison Holdings Ltd. It has been announced to be sold for $ 19 billion to a consortium led by Blackrock Inc. BLKChina is now checking the Hong Kong pole Li Ka ChigWorld Business Empire.

What happenedBeijing has ordered state-owned companies to stop new partnerships with companies associated with Li Ka-hitting, according to the sources. quote By Bloomberg.

The decree of senior officials, which seemed to be aimed at understanding the scope of foreign companies, was released last week and has no impact on the current commercial partnerships.

The treatment of the port, which includes 43 establishments in 23 countries, has paid attention after the American President Donald TrumpConnecting the deal as restoring strategic waterways from the Chinese influence. It is worth noting that the sale excludes ports on the mainland of China and Hong Kong Reducing Beijing’s influence.

CK Hutchison did not respond immediately BanznagaRequest to comment.

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Why do it matter: With mostly operations in Europe, North America and Australia, CK HUTCSON receives only 12 % of its revenue from Hong Kong and the main mainland of China.

This step comes amid complex geopolitical dynamics, including the Panama channel Tensions and infrastructure.. Blackrock president Larry Fink The acquisition described as “sick capital, long -term capital” in global maritime infrastructure.

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