China Datang unit delays $1.5 bln HK IPO -sources

HONG KONG Nov 24 (Reuters) - China Datang Corp, the country's second-largest power producer, has postponed plans to raise up to $1.5 billion through a Hong Kong share float of its renewable energy unit because of shakey markets, sources said Wednesday.

Datang had been due to launch a road show and bookbuild for the offer this week, with listing planned for next month, according to a term sheet for the deal.

However, the offer was delayed following a sharp drop in Asian stock markets as tensions on the Korean peninsula worried investors, a source familiar with the deal told Reuters. (Reporting by Michael Smith and Alison Liu; Editing by Chris Lewis)