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.

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.

Hong Kong billionaire Li Ka-shing is considering delaying the expected signing next week of a controversial deal to sell his Panama Canal ports to a consortium including BlackRock Inc., people with knowledge of the matter said.