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Bank of Jinzhou Delays Hong Kong IPO as Hanergy Link Queried

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Bank of Jinzhou Co. delayed its $600 million Hong Kong initial public offering as the stock exchange asked for information on the lender’s ties to a company that’s under investigation by regulators.

The bourse last week requested more information on items including some litigation proceedings and on the Chinese bank’s links to Hanergy Thin Film Power Group Ltd., board secretary Wang Jing said by telephone on Friday. The exchange’s initial feedback was positive after the bank addressed the queries, he said, without elaborating.