PSBC's H-share IPO opens a new chapter of development

摘要

On September 28, the Postal Savings Bank of China (PSBC) successfully had its H shares listed on the Hong Kong Stock Exchange. The initial public offering (IPO) has raised a net amount of HKD 56.627 billion (before the greenshoe options). It's the world's biggest IPO in the past two years and the biggest H-share IPO in the past six years in terms of the scale of financing. PSBC Chairman Li Guohua hoped to see better corporate governance and stronger overall competitiveness by entering the international capital market.