News Snapshot:
BEIJING :Syngenta Group's planned US$10 billion initial public offering (IPO) in China has been suspended because the agrochemicals giant has not updated its application with its latest financial results, the Shanghai Stock Exchange said on Monday. The Chinese-owned company's application to list on Shanghai's STAR Market was accepted at the start of July and was widely expected to be the world's largest flotation this year. Syngenta did not respond to requests for comment. The STAR market suspended 57 applications on Sept. 30, citing a lack of updated financial information. Under bourse rules for vetting STAR Market listings, applicants must provide...
