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The weather forecaster said it would assess the need to issue a higher warning signal later on Tuesday to early Wednesday, when Zijin Gold was supposed to close its IPO.
“The Zujin Gold IPO may well delay its book close for its IPO and even debut trading timeline, according to the listing prospectus,” said Katerine Kou, chairwoman of the Hong Kong Securities Association, an industry body for brokers.
The transaction may also close on Tuesday, a day earlier than scheduled, according to an IFR report, citing sources.
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Zijin Gold did not immediately reply to a request for comment.
