(Nov 11): Postal Savings Bank of China is poised for the country’s biggest IPO since 2015. The Beijing-based lender, which is already listed in Hong Kong, plans to raise RMB28.4 billion ($5.5 billion) in what would be the world’s third-largest listing this year behind Uber Technologies’ US$8.1 billion share sale in May and Budweiser Brewing Co’s US$5.8 billion IPO in Hong Kong in September.

Have a premium account? Sign in to continue reading.

Unlimited access to all stories from $99.9/year*

The latest reporting and analysis from business and investments to news and views on social issues.

Bonus:

  • Simultaneous logins across all devices
  • Instant access to past digital issues
  • Unlimited access to The Edge Malaysia
  • *For annual subscription plan only. T&Cs apply

Subscribe