buyappleacc.com is a reputed website selling apple developer account, providing us, China and worldwide developer individual accounts for sale. It's at low price and good quality. Always provides satisfying services!

HomeSocialtext

aws账号(www.2km.me)_China Mobile poised for Shanghai mega-listing after US ban

admin2021-12-1632

aws账号

aws账号www.2km.me)提供aws账号、aws全区号、aws32v账号、亚马逊云账号出售,提供api ,质量稳定,数量持续。另有售azure oracle linode等账号.

The company plans to issue about 845.7 million shares, it said in a prospectus on the Shanghai bourse’s website yesterday that didn’t say how much China Mobile hoped to raise.(File pic hows the Shanghai stock exchange building)

BEIJING: China Mobile Ltd, the country’s largest wireless carrier by revenue, has received approval from regulators to list in Shanghai after being removed from the New York Stock Exchange (NYSE) due to an investment ban ordered by former President Donald Trump.

The state-run enterprise got the nod from the China Securities Regulatory Commission to issue A-shares, according to a filing late Monday with Hong Kong’s stock exchange.

The company plans to issue about 845.7 million shares, it said in a prospectus on the Shanghai bourse’s website yesterday that didn’t say how much China Mobile hoped to raise.

Based on the last close of its Hong Kong-listed stock, the figure would be the equivalent of around US$5bil (RM21.16bil), although China stocks usually trade at a hefty premium to their counterparts across the border.

That would be the most since Semiconductor Manufacturing International Corp, which raised US$7.6bil (RM32.16bil) last year.

It would also be among the top 10 listings on record in China, according to data compiled by Bloomberg, ranking China Mobile with the nation’s big banks and energy giant PetroChina Co.

China Mobile shares fluctuated in Hong Kong morning trading after an earlier advance of as much as 1.8%.

The NYSE suspended trading in China Mobile in January, along with the Asian nation’s other major state-owned operators, China Telecom Corp and China Unicom Hong Kong Ltd.

That development followed an order barring US investments in Chinese companies that the Trump administration deemed a threat to national security.

China Telecom listed in Shanghai in August after raising more than US$7bil (RM29.62bil). China United Network Communications Ltd was already trading on the bourse.

China International Capital Corp and Citic Securities Co are sponsors of China Mobile’s A-share IPO. The main underwriters include Huatai United Securities Co, BOC International (China) Co and China Merchants Securities Co.

Proceeds from the listing in the Chinese financial hub will be used to fund 5G network expansion, cloud infrastructure, smart living projects and tech development, China Mobile said in its prospectus. — Bloomberg


转载说明:本文转载自Sunbet。

Reviews

Popular tags