Tuesday, 21 January 2014

UPDATE 2-JPMorgan drops another China IPO amid 'princeling' probe-sources

* Morgan Stanley's Asia private equity unit invested $300 mln in 2012 By Fiona Lau and Lawrence White HONG KONG, Jan 21 (IFR/Reuters) - JPMorgan Chase & Co has stopped working on a Chinese firm's initial public offering amid an investigation by U.S. authorities into its hiring practises in China, people with direct knowledge of the matter told Reuters on Tuesday.



















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