Postal Savings Banks of China, which operates more than 40,000 branches in the country, is the world’s largest initial public offering this year. Photo: AFP

Postal Savings Bank off to a stuttering start in Hong Kong after US$7.3 billion IPO

The bank’s shares moved just 0.21 per cent higher on Wednesday, their first day of trading, one of the worst debuts on record among big IPOs

Topic |   IPO

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Postal Savings Banks of China, which operates more than 40,000 branches in the country, is the world’s largest initial public offering this year. Photo: AFP
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