The Digital Source For China's Tech Innovation Since 2000

Search
Close this search box.

China Mobile hopes to raise $8.8bn in Shanghai listing

December 25, 2021
Source: datacenterdynamics.com datacenterdynamics.com
News Snapshot:
The world's largest mobile network operator plans to raise around $8.8 billion in a listing on the Shanghai Stock Exchange. China Mobile was delisted from the New York Stock Exchange earlier this year, along with China Unicom and China Telecom, after a Trump-era decision to restrict investment in Chinese technology firms. Now, China Mobile plans to list in a Shanghai public offering, selling up to 845 million shares for a total of 56 billion yuan ($8.8bn). The listing is expected to be the biggest in mainland China for the past decade. The company said that funds raised will go towards...
Go To Original Source →
Tags: 5G | block | broadband | capital | China | China Mobile | China Telecom | China Unicom | Chinese | cloud | construction | currency | Donald Trump | infrastructure | investment | IT | law | mobile | New York | Renminbi | Shanghai | stock exchange | stock market | technology | Yuan

Other Related News:

How would a government shutdown affect US foreign policy?

September 30, 2023

Voice to Parliament referendum 'prime target' for foreign interference on Elon Musk's X, former executive warns

September 30, 2023

US-Saudi defence pact tied to Israel deal, Palestinian demands put aside

September 30, 2023

I've spent 15 years getting to grips with my looks so there's Strictly tradition I refuse to follow, says Angela Scanlon

September 30, 2023

AI revolution in gaming paves terrifying path to sport’s total digital dissolve

September 30, 2023

History shows this pullback in Apple may have further to go

September 29, 2023

Sony Music UK, UMG, Beatport and More Music Industry Executive News

September 29, 2023

Britney Spears begs fans not to call police as she shares another video dancing with knives

September 29, 2023

Apple expressed concern over China's foreign app restrictions: Report

September 29, 2023
  • Contact Us
  • About Us
  • Corrections and Disclosure
  • Privacy Policy
  • Terms & Conditions
  • Contact Us
  • About Us
  • Corrections and Disclosure
  • Privacy Policy
  • Terms & Conditions
© 2023 ChinaTechNews.com. A Service of Asia Media Network.
Twitter