China Mobile shares soared more than nine percent on Wednesday in their debut on the Shanghai stock exchange after the telecoms giant was delisted in New York amid tensions between Beijing and ... ( read original story ...)
China Mobile, biggest IPO in a decade, jumps 10 per cent on debut as investors shrug off valuation, blacklisting fears
China Mobile raised about US$8.8 billion from local investors in December, making it the world's second biggest IPO in 2021 The A shares were priced about 52 per cent higher than its own shares listed ... ( read original story ...)
Stock Market Today: SGX Nifty declines 60 points; Asian markets mixed in early trade
Nifty futures on the Singapore Exchange traded 59.50 points, or 0.33 per cent, lower at 17,815.50, signaling that Dalal Street was headed for a negative start on Wednesday. Nifty50 on Tuesday climbed ... ( read original story ...)
China Mobile Shares Jump In First Day of Trade in Shanghai
China Mobile Ltd., the country’s largest wireless carrier by sales that was removed from the U.S. market last year, surged in its first day of trade in Shanghai. The state-run company, one of the ... ( read original story ...)
Beijing faces financial market test
SHANGHAI: A wall of maturing debt and a surge in seasonal demand for cash will test China’s financial markets this month, putting pressure on the central bank to ensure sufficient liquidity. Demand ... ( read original story ...)
China Mobile shares open 9per cent higher in Shanghai debut
China Mobile Ltd opened higher on its Shanghai debut on Wednesday after raising 48.7 billion yuan (US$7.64 billion) in China's biggest public share offering in a decade. China Mobile opened at 63 yuan ... ( read original story ...)
MEDIA – Shanghai free trade zone announces 317.6 bln yuan worth of projects – state media
China's Lingang free trade zone has announced 82 construction projects with a total investment of 317.6 billion yuan, business news outlet Shanghai Securities News reported on Wednesday. ( read original story ...)