Thursday, September 8, 2016

Postal Savings Bank of China sets price range for US$8.1bn IPO

HONG KONG, Sept 8 (IFR) - Postal Savings Bank of China has

set a target of HK$57bn-$63bn (US$7.3bn-$8.1bn) from its Hong

Kong IPO after lining up five cornerstone investors to buy most

of the shares, according to sources close to the plans.

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