From Financial Times:
Shui On Land , the Chinese property flagship of Hong Kong tycoon Vincent Lo, on Thursday announced that it would postpone its $1bn offering because of poor market conditions.
The decision would be a setback to a number of Chinese property companies preparing to defy a volatile market in Hong Kong, including Shimao , one of Shanghai’s largest real estate companies, which on Wednesday embarked on a roadshow for a $652m initial public offering in July.
