Qeeka Home pulls $278m IPO amid trade war fears

By John Loh, Jonathan Breen
28 Jun 2018

Qeeka Home delayed its HK$2.18bn ($277.6m) IPO indefinitely this week as fears grew about a trade war between the US and China.

“The bookbuild ran into market turbulence,” said a banker on the deal. “We had a book but it wasn’t the best quality.”

The issuer, an online interior design and construction platform, was set to price its IPO on Tuesday evening through global-co-ordinators CLSA and Goldman Sachs. There is ...

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