PICC is the latest Chinese company to hire multiple banks to take it public. The WSJ's Ken Brown explains why this trend
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is making it harder for banks to turn a profit in Asia.
Tags:Why Banks Won't Make a Lot of Money on PICC IPO,Chinese Banking Industry,hong kong ipo,insurance company,picc ipo,The Wall Street Journal,WSJLive,ipo coakley,ken brown,ken browne
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