China's Hilong to postpone HK IPO
Updated: 2011-03-17 15:21
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.
The deal was set to be priced on March 16, with Morgan Stanley and Standard Chartered as the joint bookrunners.
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