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Postal Savings Bank of China News

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 Postal Savings Bank of China (PSBC) launched an initial public offering in Hong Kong worth $8.1 billion on Tuesday, reports said, in what is expected to be the world`s biggest flotation this year.
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State-owned Postal Savings Bank of China (PSBC) on Tuesday launched an initial public offering in Hong Kong worth up to $8.1 billion, with the vast majority of the deal covered by cornerstone investors.
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 One of China's biggest banks hopes to raise $8 billion by listing in Hong Kong, in what would be the world's biggest flotation this year, a report said today.






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