IPOs & Markets
The e-commerce company's Hong Kong listing was slated to take place in August.
New York-listed Alibaba was most likely to launch the offer as early as the third quarter.
The move comes days after China Renaissance made a final close of its yuan-denominated fund of over $923 million.
The fund will seek buyout opportunities across sectors such as consumer, healthcare and technology.
Morgan Stanley, which currently owns 49% of the JV, picks up 2% additional stake.
Several existing shareholders including Ant and Fosun are looking to participate in the latest fundraising.
The investment bank has been seeking to invest further in sunrise industries in the world's second-largest economy.
Earlier this week, Wanda Sports had cut the size of its IPO to up to $308 million from a previous size of up to $500 million.
The potential issue comes as a boost for Britain's status as a financial centre ahead of Brexit.
The firm was reportedly struggling to secure enough demand from long-term investors.
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