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PSBC makes tepid debut on HK bourse

PSBC chairman Li Guohua (left) celebrating the IPO with executive director and president Lyu Jiajin (right) yesterday.

Hong Kong

POSTAL Savings Bank of China (PSBC) made a low-key debut on the Hong Kong bourse on Wednesday, despite notching up the world's biggest initial public offering (IPO) in two years aimed at expanding the business.

China's fifth biggest lender raked in a colossal US$7.4