Friday, September 25, 2015

Postal savings to IPO in Ant gold service Tencent and other shares

Bloomberg News quoted sources as saying that the China postal savings bank is close to reaching an agreement, in the IPO (initial public offering) before financing more than $ 6.5 billion, and investors, including UBS and Temasek Holdings. Jeremy Scott iPad Mini Case

Hong Kong Wen Wei Po reported that the China postal savings bank will sell 15% shares to outside investors, from China's domestic investors will include Ant-gold suits, Tencent and China life. Jeremy Scott iPad Mini Case

The end of September, China Post's wholly-owned capital operation platform-post capital announced that has completed a strategic stake in Ant-gold suit, holds less than 5%. This is the second last June with the company after a strategic cooperation agreement with China post, another cooperation on both sides.

On August 25, the China Post Group General Manager, Chairman of the China postal savings bank and Li met here Friday with Ant-gold suit CEO Peng Lei.

At present, the company's spokesman did not comment on the news.

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