Bank in lackluster Hong Kong debut

Lender's president says it may soon be in Hang Seng China Enterprises Index

State-owned Postal Savings Bank of China made a lackluster stock market debut on Wednesday in Hong Kong, despite notching up the world's largest initial public offering in two years.

Shares of the Beijing-based lender fluctuated in a tight range of HK$4.76 (61 cents)-HK$4.77, after opening flat with its initial offer price at HK$4.76 apiece. It ended its first trading day at HK$4.77.