The Postal Savings Bank of China priced its IPO, raising $7.4 billion—at the low end of expectations but still the largest public share offering since 2014. The bank, China’s sixth-largest with more than 40,000 branches serving one in three citizens, has relatively few bad loans; its historical low return on assets makes it an attractive growth prospect.
IPO:initial public offerings,首次公开募股
Relatively:相对的
Asset:资产
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