Postal Savings Bank shares make flat debut
Shares in China's Postal Savings Bank opened little changed as they made their trading debut in Hong Kong.
The $7.4bn (£5.7bn) share sale is the world's biggest initial public offering (IPO) since Chinese internet giant Alibaba floated in New York in 2014.
PSBC is China's fifth largest lender and the last of the country's big banks to list its shares.
But the first day of trading, its shares stood at 4.77 Hong Kong dollars, just above its IPO price of HK$4.76.
Analysts had expected a muted response because of the glut of Chinese bank stocks already in the market.
In addition, investors are... read more
- 14:16 Liverpool vs West Ham LIVE updates: Team news and line-ups ahead of...
- 14:16 Nick Diaz is interested in returning to the UFC, Dana White reveals
- 14:16 India vs South Africa LIVE stream: How to watch T20 match online...
- 14:16 Winter Olympics 2018: The real reason Eve Muirhead and Team GB LOST...
- 14:16 Liverpool vs West Ham line ups: Confirmed team news from Anfield as...
- 14:16 Eve Muirhead left 'devastated' after GB curling team miss out on...
- 14:16 How to get tickets to be in the audience for Ant and Dec's Saturday...
- 14:14 Wacky Races: How our reporter fared as she took the bus to work
- 14:14 Wacky Races: How our reporter fared as he took the train to work
- 14:15 John Brayford and Darren Bent back in as Burton Albion make two...
- 14:14 Wacky Races: How our reporter fared as she drove her car to work
- 14:14 Wacky Races: How our reporter fared as he took the humble bike to work
- 14:14 Wacky Races across Leeds: Cycling, driving or taking a bus or...
- 14:14 More Anthony Joshua tickets for next fight vs Joseph Parker to be...
- 14:12 Syria war: Air strikes in Eastern Ghouta 'kill 500'
- 14:12 Full police statement on Leicester murder investigation
- 14:11 Xbox One, Nintendo Switch and PS4 games fans just got massive news
- 14:09 32 driving offences you didn't know were illegal - according to the...
- 14:09 Mothers Day ideas in Lincolnshire
- 14:08 Countdown on to unveiling of Carlisle cracker packers statue
- 14:08 Push for ‘double’ penalties at South Kesteven District Council
- 14:06 County council release gritter update after snow is predicted
- 14:04 Bournemouth vs Newcastle LIVE: Premier League minute-by-minute updates
- 14:04 Police warn public to stay away from wanted man
- 14:04 Liverpool vs West Ham line ups: Full team news for Anfield clash,...
- 14:00 County council release gritter update after snow is predicted
- 14:00 Freezing temperatures push up wholesale gas prices
- 13:58 County council release gritter update after snow is predicted
- 13:57 Ireland vs Wales, Six Nations 2018 LIVE: Latest score and updates...
- 13:57 Eve Muirhead BLOWS it as GB curling team lose to Japan in bronze...