Business
Energy
China's Hilong to postpone HK IPO
Updated: 2011-03-17 15:21
(Agencies)
Hilong Holdings, a Chinese oil equipment manufacturer, has decided to postpone its Hong Kong IPO of up to HK$1.48 billion ($190 million) due to difficult market conditions, IFR reported on Thursday.
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The deal was set to be priced on March 16, with Morgan Stanley and Standard Chartered as the joint bookrunners.
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