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>

Lillian Liu

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.

Sign In to Your Account To Access Exclusive FinanceAsia Content!

Please sign in to your subscription to unlock full access to our premium FA resources.

Free Registration & 7-Day Trial
Register now to enjoy a 7-day free trial - no registration fees required. Click the link to get started.

Note: This free trial is a one-time offer.

Questions?
If you have any enquiries or would like a quote for a team or company licence, please contact us at [email protected]. Our subscription team will be happy to assist you.