USEUROPEAFRICAASIA 中文双语Français
Home / Business

Postal Savings Bank's IPO to be HK's biggest this year

By Cai Xiao and Jiang Xueqing | China Daily | Updated: 2016-04-29 08:17

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.

Postal Savings Bank's IPO to be HK's biggest this year

Today's Top News

Editor's picks

Most Viewed

Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US