Impressive debut: Pedestrians walk past a China Mobile dealership in Shanghai. The telecom giant’s shares rose 9.4% in its first day of trade yesterday. — Bloomberg
SHANGHAI: China Mobile Ltd, the country’s largest wireless carrier by sales that was removed from the United States market last year, surged in its first day of trade in Shanghai.
The state-run company, one of the targets of an investment-ban order by former US President Donald Trump, rose as much as 9.4% before paring the advance.
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