Deals
Everbright Bank Said to Delay Share Sale on Volatile Markets
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China Everbright Bank Co. will delay a share sale in Hong Kong for a second time in less than two months because of volatile global stock markets, two people with knowledge of the matter said.
The Beijing-based lender won’t proceed with a plan to start trading on the city’s exchange on Aug. 18, said the people, who declined to be identified before an announcement. The people said no new timetable for the offering has been set.