Larry McDonald, ACG Analytics, and Craig Johnson, Piper Jaffray, discuss the financial sector with Brian Sullivan. » Read More
Postal Savings Bank of China may have been the world's largest IPO in two years, but it hit the market like a wet firecracker on Wednesday.
Capital Link Intl's Brett McGonegal says the overall Chinese banking sector is under pressure and there are no upside catalysts in the near term.
Postal Savings Bank of China has not been very efficient as seen from its high cost-to-income ratio, says Sinopac Securities Asia's Ivan Li.