CK Hutchison, the conglomerate founded by Hong Kong billionaire Li Ka-shing, said it would receive cash proceeds of more than $19 billion from the sale. CK Hutchinson shares jumped as much as 25% ...

CK Hutchison, the conglomerate founded by Hong Kong billionaire Li Ka-shing, said it would receive cash proceeds of more than $19 billion from the sale.

Shares in U.S. asset manager BlackRock (BLK) retreated today as Hong Kong-based conglomerate CK Hutchison failed to make any comment on its ...