After $12b triple IPO, Japan Post debuts 16.5% higher

After $12b triple IPO, Japan Post debuts 16.5% higher

A man using a smartphone is reflected on a graph showing today's movements of Nikkei share average outside a brokerage in Tokyo, Japan, September 29, 2015. REUTERS/Issei Kato

Shares of Japan Post Holdings Co and Japan Post Bank Co soared on debut on Wednesday after the country’s biggest privatisation since the 1980s raised 1.4 trillion yen ($11.6 billion) for the government.

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