Macau Legend delays US$786m Hong Kong IPO: sources

Casino owner Macau Legend Development Ltd postponed an up to US$786 million initial public offering in Hong Kong, sources said on Friday, the latest casualty of volatile global markets.

Macau Legend follows Hopewell Hong Kong Properties and autoparts maker Mando China Holdings, controlled by South Korea’s Mando, in delaying listings in the city.

via Business feed http://www.scmp.com/business/money/market-snapshot/article/1265662/macau-legend-delays-us786m-hong-kong-ipo-sources