A sign of China Mobile is seen on a street in Shanghai in January 2021. Photo: Reuters
A sign of China Mobile is seen on a street in Shanghai in January 2021. Photo: Reuters

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 in Hong Kong; the premium currently stands at 42.7 per cent

Topic |   China business and economy
A sign of China Mobile is seen on a street in Shanghai in January 2021. Photo: Reuters
A sign of China Mobile is seen on a street in Shanghai in January 2021. Photo: Reuters
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