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China Mobile shares rise in Shanghai debut after US exit – BBC News

January 10, 2022
Source: tech4mag.com tech4mag.com
News Snapshot:
[Samsung Galaxy Tab S3 Vs iPad Pro] China Mobile shares have risen as they started trading in Shanghai after raising $7.7bn (£5.7bn) in China's biggest public offering in a decade. The shares opened 9.4% higher before ending the day just 0.5% higher. China Mobile's smaller rivals, China Telecom and China Unicom, have already made the move to their home country. The three firms were delisted from the New York Stock Exchange after a Trump-era decision to restrict investment in Chinese technology companies. China Mobile's Hong Kong-listed shares also rose in early trade after the company said it would press ahead...
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