Shares of Hong Kong conglomerate CK Hutchison climbed 1% on Tuesday ahead of a deal to sell its Panama ports to a BlackRock-led group that is due to be signed by April 2. Reuters reported on Friday that CK Hutchison had delayed part of the sale,

The BlackRock China Fund is the larger of the two actively invested funds, with $1.3 billion in assets under management (AUM). The BlackRock China A Opportunities Fund, which targets yuan-denominated stocks in mainland China, had $15.7 million in AUM.

Billionaire Li Ka-shing, Hong Kong’s most famous tycoon, won’t go ahead with the expected signing next week of a controversial deal to sell his Panama Canal ports to a consortium including BlackRock Inc.