The 16.8 billion share offering for China Telecom has been delayed for a week as a result of a technical hitch.
Following two weeks of pre-marketing, roadshows were originally scheduled to start today Monday, but will now start next Monday instead. Under the revised timetable, presentations are scheduled to kick-off in Tokyo on October 14, but since it is a public holiday in Japan Sports Day, Hong Kong Chung Yeung Festival and the US Columbus Day, observers believe that the first meetings are now most likely to take place in Singapore.
The revised schedule also means that pricing has been pushed back by a week and will take place in New York...
