2015-12-09
Postal Savings Bank Of China Raises $7B In Pre-IPO Share Sale
Postal Savings Bank of China Co. (PSBC) has raised RMB45.1 billion (US$7 billion) by selling a 16.92% stake to ten investors including UBS Group AG, the Canada Pension Plan Investment Board and Temasek Holdings Pte, according to a press conference held in Beijing today. In April, it was reported that PSBC planned to raise over […]
Visit ChinaMoneyNetwork.com for more daily finance news, including audio and video Internet podcasts covering important investment news and financial events in China. Follow us on Twitter @chinamoneypod subscribe to all episodes on iTunes.
2015-12-09
Postal Savings Bank Of China Raises $7B In Pre-IPO Share Sale
Postal Savings Bank of China Co. (PSBC) has raised RMB45.1 billion (US$7 billion) by selling a 16.92% stake to ten investors including UBS Group AG, the Canada Pension Plan Investment Board and Temasek Holdings Pte, according to a press conference held in Beijing today. In April, it was reported that PSBC planned to raise over […]
Visit ChinaMoneyNetwork.com for more daily finance news, including audio and video Internet podcasts covering important investment news and financial events in China. Follow us on Twitter @chinamoneypod subscribe to all episodes on iTunes.