Postal Savings Bank's IPO to be HK's biggest this year
The company says listing will depend on the attitude of regulators and market conditions
State lender Postal Savings Bank of China Co's initial public offering will make it the largest in Hong Kong this year, but regulators' attitude toward its flotation remains to be an issue, said experts.
A source close to the company told China Daily that the bank's listing will raise about HK$78 billion ($10.1 billion), but the timetable has not been confirmed.
Photo