Sunday, June 17, 2007

China Mobile eyes biggest ever Shanghai listing

(Reuters) - SHANGHAI/HONG KONG, June 18 - China Mobile
, the world's largest cellular phone operator, is
planning a multibillion-dollar share sale in Shanghai as early as
next month to attract domestic investors, sources familiar with
the situation said on Monday.




It will likely be the biggest initial public offer of equity
ever in China's domestic markets, exceeding Industrial &
Commercial Bank of China's 46.6 billion yuan
Shanghai IPO last year, the banking sources said.


Read more at Reuters.com Government Filings News

No comments: