Postal Savings Bank sizzles with $7.4bn float

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Postal Savings Bank sizzles with $7.4bn float

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Mark Wooding

Postal Savings Bank of China (PSBC) made waves in the market this week, bringing its HK$57.6bn ($7.4bn) IPO in Hong Kong to a close as a third of investors were zeroed from the world’s biggest float in two years.

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