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Nexteer bows to stock market volatility, pulls IPO

As feared, Nexteer Automotive is reported to have postponed its planned initial public offering (IPO) in Hong Kong, a reflection of ongoing volatility in the stock market. Pricing of the issue had been planned for 26 June with trading in the shares set to commence on 3 July. The issue had It’s time to log … Continued

As feared, Nexteer Automotive is reported to have postponed its planned initial public offering (IPO) in Hong Kong, a reflection of ongoing volatility in the stock market. Pricing of the issue had been planned for 26 June with trading in the shares set to commence on 3 July.

The issue had

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