Postal Savings Bank of China delivers IPO

First class stamp for China; second class outcome for institutional investors from world's biggest IPO of the year.
A valuable package?
A valuable package?

Postal Savings Bank of China (PSBC) completed the world's largest flotation in two years on Wednesday, raising HK$57.62 billion ($7.43 billion) from a Hong Kong Stock Exchange listing that priced just off the bottom of its indicative range.

¬ Haymarket Media Limited. All rights reserved.

Sign in to read on!

Registered users get 2 free articles in 30 days.

Subscribers have full unlimited access to FinanceAsia.

Not signed up? New users get 2 free articles per month, plus a 7-day unlimited free trial.

Questions?
See here for more information on licences and prices, or contact [email protected].

Share our publication on social media
Share our publication on social media