Monday, September 12, 2016

China's Postal Savings Bank launches $8.1 bln IPO, as cornerstones buy in-IFR

HONG KONG, Sept 13 (Reuters) - State-owned Postal Savings

Bank of China (PSBC) on Tuesday launched its up to

$8.1 billion initial public offering in Hong Kong, with the vast

majority of the deal covered by cornerstone investors, IFR

reported.

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