Japan Post Holdings Co. and its banking unit jumped before its debut in Tokyo next week.
Japan Post Holdings traded at 1,470 yen according to Tom Leske, a sales trader at Churchill Capital Ltd. It climbed about 5% higher than the 1,400 yen price set by the government on Monday. Japan Post Bank Co. traded at 1,540 yen, compared with its official price of 1,450 yen.
Investor orders for shares exceeded the number being offered after the first two days of bookbuilding, sources said.
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