Foxconn trots out IPO

Pre-marketing began this Tuesday for a $300 million to $400 million IPO by Foxconn International Holdings (FIH), the telecom handset  manufacturing arm of Taiwan's Hon Hai group. Under the lead management of Goldman Sachs and UBS, formal roadshows for the Hong Kong listing will begin on January 17, with pricing scheduled for January 25 and listing on February 3, just ahead of Chinese New Year.