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