Shares in South Africa's
MTN Group gave up early gains triggered by a media
report on Wednesday that Nigerian authorities could reduce the
$10.1 billion sum they are demanding from the telecoms company
in a dispute.
parenting firm Babytree Group launched a Hong Kong IPO of up to
$281 million on Wednesday, far below what the Chinese company
had hoped to raise, as weak markets force firms to scale back
their funding ambitions.