Graff Diamonds pulls its Hong Kong IPO due to "adverse market conditions" after filling just...

|By:, SA News Editor

Graff Diamonds pulls its Hong Kong IPO due to "adverse market conditions" after filling just half of its hoped-for $1B order book. The move follows the nixing of two other HK IPOs this week - a Chinese mining company and a Chinese auto dealer. Additionally, Formula One is making noises about putting off its June IPO in Singapore. "Market conditions are atrocious," says a dealmaker.