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PSBC raised $7.4 billion with the listing, which is the biggest since Chinese internet giant Alibaba floated in New York in 2014, raising $25 billion. Bank chairman Li Guohua described the launch as an "important milestone" for the company. Analysts attributed the lukewarm interest in the IPO to the recent flat performance of large Chinese financial firms on Hong Kong's bourse.
The Latest on the death of former Israeli President and Prime Minister Shimon Peres (all times local): 8:15 a.m. A former aide to Shimon Peres says his body will lie in state at the Knesset, or Israeli ...
COLUMBUS, Ohio (AP) — Documentary filmmaker Michael Moore says he's not allowed to perform a one-man show about the presidential race at a central Ohio theater because officials there consider him too controversial.