Sany, Xiao Nan pull IPOs as equity market rout worsens

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Sany, Xiao Nan pull IPOs as equity market rout worsens

Sany Heavy Industry and Xiao Nan Guo fell victim to tumbling stock markets this week, pulling IPOs that would have closed before the end of the month. And bankers fear that falling Asian stock markets will scupper more deals before conditions improve.

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