Postal Savings banks picks five for jumbo $15bn HK listing

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By John Loh, Jonathan Breen
28 Jan 2016

Postal Savings Bank of China has selected five banks to lead its jumbo $15bn IPO, which is set to become the largest listing in Hong Kong in five years.

Bank of America Merrill Lynch, CICC, Goldman Sachs, JP Morgan and Morgan Stanley have been tapped as the sponsor banks, according to a source close to the deal.

Postal Savings sent out a request for proposals on January 18 and gave banks five days to pitch for the ...

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