Big IPO but flat debut for China's PSBC

ReutersNewsPublished: September 28, 20162 views
Published: September 28, 2016

Shares in Postal Savings Bank of China have made a flat debut in Hong Kong after the state-owned lender raised $7.4 billion in the world's biggest initial public offering in two years, pricing the deal near the bottom of its marketing range. Tara Joseph reports.

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