M800 calls off HK IPO amid busy period for ECM

While Dalian Wanda and Linekong are hoping for success with their IPOs, M800 has a different story to tell. It was looking to close an up to $150m IPO in Hong Kong before the end of the year, but has postponed the deal to avoid going up against Dalian and BAIC Motor, which wrapped up its IPO this week.