China Postal IPO

China Postal seeks $1.6 billion from Shanghai IPO

The country's biggest courier company, China Postal is aiming for a $1.6 billion IPO that could be the biggest in China so far this year.
<div style="text-align: left;"> China Postal aims to raise Rmb10 billion in Shanghai this year (AFP) </div>
<div style="text-align: left;"> China Postal aims to raise Rmb10 billion in Shanghai this year (AFP) </div>
May 02, 2012

China Postal Express & Logistics, a unit of China Post Group, is planning to raise Rmb9.98 billion ($1.6 billion) from a Shanghai initial public offering that could be the biggest in China this year.

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