Mainland firms to relaunch IPO plans

At least three mainland companies are relaunching their plans to go public in Hong Kong to raise a total of US$1 billion or more after pulling them earlier this year because of a weak market.

Those companies want to list in the fourth quarter, most likely next month or November, before the December holiday season.

Although the Hong Kong stock market remains lacklustre, the firms are still going ahead as they do not want to miss the final opportunities this year to launch the initial public offerings.

via Business feed http://www.scmp.com/business/china-business/article/1048127/mainland-firms-relaunch-ipo-plans