China Mobile Gets Approval for Shanghai Listing, Largest Fundraising in A-Shares Market in Decade
China Mobile Ltd., the country’s largest wireless carrier by revenue, has received approval from regulators to undergo a public listing in Shanghai after being removed from the New York Stock Exchange. The company updated its prospectus late on Monday night, showing plans to issue no more than 845.7 million A-shares.
China Mobile expects that this year’s…
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