The early discussions with Tencent have been about how to make BlackRock’s tools and models for building investment portfolios broadly available in China
BlackRock Inc. has held talks over the past year with Chinese internet giant Tencent Holdings Ltd., as the world’s largest money manager explores ways to strengthen its foothold in China, according to people familiar with the matter.
The preliminary discussions with Tencent have been about how to make BlackRock’s tools and models for building investment portfolios broadly available to the Chinese market, the people said.
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