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China Mobile plans Shanghai listing, seeking to raise $8.8B

December 22, 2021
Source: siliconangle.com siliconangle.com
News Snapshot:
China Mobile plans Shanghai listing, seeking to raise $8.8B The world’s largest mobile network operator China Mobile Ltd. is planning to raise up to 56 billion yuan ($8.8 billion) through a listing on Shanghai’s stock exchange. The listing would be China’s biggest public offering in a decade, and comes just over a year after the company was booted off of the New York Stock Exchange, Reuters reported . China Mobile is the largest network operator on the planet in terms of total subscribers and is the latest in a growing number of Chinese firms seeing to raise money at home...
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