ESR said to delay $1.4b Hong Kong IPO due to jittery market

ESR said to delay $1.4b Hong Kong IPO due to jittery market

Logistics property developer ESR Cayman Ltd has delayed the launch of what would have been Hong Kong’s biggest initial public offering (IPO) so far this year, according to two people who cited the rise in market volatility amid fears over escalating trade tensions.

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