Tuesday, May 29, 2012
Graff upbeat on $1 billion IPO despite market slump
HONG KONG - London luxury jeweller Graff Diamonds has seen "tremendous interest" for its Hong Kong IPO of up to $1 billion, which is entering its final stretch in the shadow of a global stock market rout. Graff's store in Taipei / Photo: Graff DiamondsFamous for its giant and rare gems, Graff will on Monday test retail investors' appetite for what is set to be Asia's biggest IPO this year. The IPO comes close on the heels of the botched $16 billion Facebook Inc offering, which has undermined
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