Clifford Chance advises on Postal Savings Bank of China's US$8 billion IPO, the largest this year globally
Leading international law firm Clifford Chance is advising the underwriters, including China International Capital Corporation, Morgan Stanley, Bank of America Merrill Lynch, Goldman Sachs, JP Morgan, as the Joint Sponsors on the US$8 billion listing on the Hong Kong Stock Exchange of Postal Savings Bank of China Co., Ltd. (PSBC). This is the largest share offering globally thus far for 2016. PSBC is a leading retail bank in China with the largest distribution network and largest customer base.