SHANGHAI: China Mobile is aiming to raise US$7.64bil (RM32.17bil) in a Shanghai share listing, documents filed yesterday showed, after the telecoms giant was delisted in New York as tensions between Beijing and Washington worsened.
The initial public offering (IPO) would be one of the largest on China’s domestic stock markets for a decade, according to a calculation by Bloomberg News, based on the company’s prospectus.
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