China’s Looming $8 Billion IPO Has Risks Tied to Shadow BankingBloomberg News
Postal Bank prelisting data shows interbank investment surge
Investors could question lender’s reputation as safe, sleepy
Postal Savings Bank of China Co., the company preparing for an initial public offering that may raise $8 billion, has plunged into shadow-banking arrangements that could make investors question its reputation as sleepy and safe.
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