Four Chinese firms may delay HK listings - paper

Newswire

HONG KONG, Sept 29 (Reuters) - Four big Chinese firms may put off their planned IPOs in Hong Kong to next year because of depressed markets and delays in approvals from mainland authorities, a local newspaper reported on Wednesday. Car maker Dongfeng Motor, electricity supplier Shenzhen Energy Group, state-owned carrier Air China and Tianjin-based property developer Sunco Development that planned to list in Hong Kong by end-2004, were now likely to do so by the first half of next year, the ...

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