The company, which was aiming to raise up to HK$2.13 billion $273 million, is the first listing candidate in Hong Kong to call off an IPO during the roadshow since printed circuit board manufacturer 3Cems Corp pulled its $90 million IPO in December last year after a lawsuit was filed against one of its subsidiaries. XiashunÆs move is further evidence that investors are becoming more selective.
Separately, casino operator A-Max Holdings has reduced the size...
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