Air Freight and Logistics
Company Overview of China Post Group Corporation
China Post Group Corporation engages in postal business in China. Its businesses include domestic and international mail delivery services, circulation of news papers, journals and books, stamp issuing, production and sale of philatelic collections, postal remittance services, confidential correspondence communication, postal express delivery and logistics services, e-business, postal agency, and others. The company offers online services, such as direct mail design, purchase of targeted mail lists, and others; independent checking and booking of flight tickets; hotel reservations; and a shopping platform. It also operates a commercial bank that provides postal financial services, such as sa...
No.3 Financial Street
Founded in 2006
Key Executives for China Post Group Corporation
Compensation as of Fiscal Year 2015.
China Post Group Corporation Key Developments
China Postal Savings Bank Reportedly Plans To Raise At Least $1 Billion
Jan 26 15
China Postal Savings Bank Co., Ltd. plans to raise at least $1 billion from investors before a planned initial public offering, people with knowledge of the matter said. The lending arm of state-owned China Post Group Corporation aims to sell the stake in 2015, said the people, who asked not to be named as the deliberations are private, reported Taipei Times. Investment banks are pitching for roles on the pre-IPO share sale and the exact size of the deal hasn’t been determined yet, the people said. China Postal Savings Bank plans to seek more than $4 billion selling shares in Hong Kong and Shanghai, people with knowledge of the matter said in June 2014. Its Hong Kong IPO could start as soon as the fourth quarter 2015, with the Shanghai portion to follow later, the people said.
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