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China Mobile share price retreats following Shanghai debut surge

News Snapshot:

China Mobile’s share price has retreated following a surge after it listed on the Shanghai Stock Exchange. The world’s largest mobile operator by total subscribers was delisted from the New York Stock Exchange (NYSE) following the Trump administration’s decision to restrict investments in Chinese technology firms. China Mobile’s shares increased by ~8.5 percent from its offering price of 57.58 yuan but over the next six hours had returned… //telecomstechnews.com/news/2022/jan/05/china-mobile-share-price-retreats-shanghai-debut-surge/

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