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Postal Savings Bank of China plans US$25b IPO: report

Thursday, February 26, 2015 - 05:50

Shanghai

POSTAL Savings Bank of China plans to raise up to US$25 billion with an initial public offering in 2016, the latest of China's large banks to seek funds via the equity markets, according to a source-based report in the official China Daily newspaper.

By the end of June,

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