Developers push ahead

Concern the US Federal Reserve will wind down its bond buying program and the International Monetary Fund's latest warning about mainland government debt are not helping market participants looking to take firms public. But cash-strapped mainland developers are forging ahead with their plans.

Investors are in a cautious mood after Fed chairman Ben Bernanke hinted he might reduce the US central bank's US$85 billion-a-month bond-buying programme. The underlying message was clear: all good things must come to an end.

via Business feed http://www.scmp.com/business/money/markets-investing/article/1252195/developers-push-ahead