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Market Rumors: CGN, Estia, Moinian

By Chelsea Naso (October 27, 2014, 2:43 PM EDT) -- China-based CGN Power Co. is eyeing a Hong Kong initial public offering in November worth at least $3 billion and is planning to seek listing approval as soon as Thursday from market regulators, the Wall Street Journal reported Monday, citing people with direct knowledge of the deal. A listing of that size would be the fifth-largest in the world this year, trailing behind Japan Display Inc.'s $3.09 billion IPO in March, the report said. A handful of other companies are also trekking toward Hong Kong IPOs before the year ends, including Chinese property group Dalian Wanda Commercial Properties and Hong Kong Airlines Ltd. ...

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