Arrow Artboard Created with Sketch. Artboard Created with Sketch. Title Chevron Title Chevron Icon Facebook Icon Linkedin Icon Mail Contact Path Layer Icon Mail Positive Arrow Icon Print Markets China Telecom raises $8.4bn in Shanghai months after US delisting Offering highlights Beijing's resolve to minimize fallout from Washington crackdown A China Telecom booth at a Beijing exhibition in July 2021. The offering by the world's largest telco will be the mainland's largest listing in a decade.
NARAYANAN SOMASUNDARAM and KENJI KAWASE, Nikkei staff writers August 6, 2021 14:38 JST | China
HONG KONG -- State-run China Telecom is set to raise 54.2 billion yuan ($8.4 billion) in its maiden share sale in Shanghai, mere months after being forced to delist from the New York Stock Exchange.
The offering by one of China's three state telecom groups will be the mainland's largest listing in a decade.
Take your reading anywhere with offline reading functions Never miss a story with breaking news alerts Customize your reading experience
Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.
Celebrate our next chapter
Free access for everyone - Sep. 30
Find out more
By continuing to browse this website, you accept cookies which are used for several reasons such as personalizing content/ads and analyzing how this website is used. Please review our
to learn how you can update your cookie settings.
Accept & Continue