UPDATE 2-Warburg Pincus-backed ESR shelves largest HK IPO this year <!-- no image --> <div>* Deal floundered due to high valuation and tough market - sources<div class="feedflare"> <a href="http://feeds.reuters.com/~ff/reuters/UKBankingFinancial?a=CZ8Lf38ZnN0:x442ylH0vxQ:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/reuters/UKBankingFinancial?d=yIl2AUoC8zA" border="0"></a> <a href="http://feeds.reuters.com/~ff/reuters/UKBankingFinancial?a=CZ8Lf38ZnN0:x442ylH0vxQ:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/reuters/UKBankingFinancial?i=CZ8Lf38ZnN0:x442ylH0vxQ:V_sGLiPBpWU" border="0"></a> <a href="http://feeds.reuters.com/~ff/reuters/UKBankingFinancial?a=CZ8Lf38ZnN0:x442ylH0vxQ:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/reuters/UKBankingFinancial?i=CZ8Lf38ZnN0:x442ylH0vxQ:F7zBnMyn0Lo" border="0"></a> </div><img src="http://feeds.feedburner.com/~r/reuters/UKBankingFinancial/~4/CZ8Lf38ZnN0" height="1" width="1" alt=""></div> Posted by Reuters