CK Hutchison slips despite assuring legal compliance in ports deal

About this update from Ck Hutchison Holdings Ltd

** CK Hutchison HKEX:1 slips 1.1% to HK$44.7; on track for biggest one-day pct fall since April 24** Stock set to snap two consecutive sessions of gains** HK-based conglomerate says its closely monitored ports deal with BlackRock-led consortium would strictly adhere to all required compliance standards** Notes, "This transaction would never be carried out under any illegal or non-compliant circumstances"** Adds further details about the deal will be provided at co's annual shareholder meeting on May 22** YTD, stock up 8.1%

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