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China Mobile looks to raise 56b yuan in Shanghai float

Aug 20, 2021 - South China Morning Post

Wireless network operator's IPO set to be the biggest in the mainland market for over a decade

China Mobile, the world's largest wireless network operator, aims to raise about 56 billion yuan (HK$67.2 billion) in its stock ­flotation in Shanghai, according to a listing prospectus issued on Wednesday night.It would be the biggest initial public offering in the mainland market for over a decade.The Hong Kong-listed ­company, which was delisted from the New York Stock ­Exchange in May, pro...