In up-to-$10 billion IPO, China's PSBC eyes ticket to online financial services boom
July 06, 2016 at 06:57 AM EDT
HONG KONG (Reuters) - As part of plans for an up-to-$10 billion initial public offering, Postal Savings Bank of China (PSBC) aims to transform itself from a brick-and-mortar lender into a digital player, helped by its investors Ant Financial and Tencent Holdings.
