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Japan Post starts trading in Tokyo after year’s biggest IPO

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Japan Post and its banking and insurance units started trading in Tokyo Wednesday in a long-awaited market debut after the year’s biggest initial public offering.

Shares in the vast company were listed on the Tokyo Stock Exchange after a share sale that topped $11.5 billion, the biggest stock offering globally since Chinese e-commerce giant Alibaba’s record $25 billion IPO last year.

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