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Postal Savings Bank

Postal Savings Bank of China did not fare so well on its first trading day at the Hong Kong Stock Exchange on Wednesday.

Postal Savings Bank of China Makes Flat Market Debut

Charissa Echavez   | Sep 29, 2016 07:00 AM EDT

Despite breaking the record of raising $7.4 billion in the world's largest initial public offering (IPO), Postal Savings Bank of China did not fare so well on its first trading day at the Hong Kong Stock Exchange on Wednesday.

Postal Bank of China raised more than $7 billion from its IPO on Wednesday in Hong Kong.

Postal Savings Bank of China Raises $7.4B in World's Largest IPO

Charissa Echavez   | Sep 22, 2016 02:35 AM EDT

State-owned Postal Savings Bank of China Co. successfully raised $7.4 billion on Wednesday in Hong Kong, the biggest initial public offering (IPO) in the world in two years.

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