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 …
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China Mobile surges in Shanghai debut after US delisting
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 …
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…
China Mobile punches up direct-listing numbers
A year after getting run out of New York, the telecom titan sold $8 bln of equity in Shanghai while initiating a $13 bln stock buyback in Hong Kong. Deploying its bloated cash pile is…
The Five Things That Will Determine The Success – or Failure – of China’s Digital Yuan Wallet
China today (Jan. 4) released its digital yuan wallet on Apple’s App Store and on Google Android app stores in the country. PYMNTS looks at why that matters.
China ups security review for online platforms seeking overseas IPOs
A newly revised Chinese regulation requires online platforms with more than 1 million users to undergo a cybersecurity review when they seek initial public offerings (IPOs) in overseas markets.
China Evergrande’s 2021 Sales Plunge 39%
China Evergrande Group’s property sales plummeted in 2021 for the first time in at least a decade as the giant developer slipped into default and buyer confidence faded. Bloomberg’s Stephen Engle …
China Huarong shares set to fall 40% in resumed trade after 9-month halt
Shares of China Huarong Asset Management Co Ltd are set to fall 40% as the stock resumes trading on Wednesday after a nine-month suspension.
China Evergrande to hold meeting with bondholders on Jan 7-10
China Evergrande Group said on Wednesday it will hold an online meeting with bondholders on Jan. 7-10 to vote on proposals including one on delaying the redemption date of some bonds to July 8 from…
China Huarong falls 50% as trading resumes after 9-month halt
“at-above-post addthis_tool” data-url=” KONG (Reuters) -Shares of China Huarong Asset Management Co Ltd plunged as much as 50% in Hong Kong on Wednesday to a record low, as trading resumed after a …
China Mobile shares open 9% higher in Shanghai debut
China Mobile Ltd 600941.SS opened higher on its Shanghai debut on Wednesday after raising 48.7 billion yuan ($7.64 billion) in China’s biggest public share offering in a decade. China Mobile opened at …
Energy Insider: China Slashes Fuel Export Quota in First 2022 Allotment
China reduced its fuel export quota by more than half in the first batch of allocations for 2022 as the country moves to curb excess domestic refinery production and carbon emissions, Bloomberg …
Charlie Munger’s Daily Journal Nearly Doubles Stake in China’s Alibaba
Journal Corp, the publishing and technology company in which Warren Buffett’s longtime business partner Charlie Munger is chairman, said it has nearly doubled its stake in Chinese e-commerce giant …
