China Mobile aims for 52% price premium with Shanghai listing

Country's largest debut share sale 'implements national strategy'

20211221 China Mobile

China Mobile Chairman Yang Jie said fundraising was "only a part of our considerations" in making plans to list in Shanghai. © Reuters

KENJI KAWASE, Nikkei Asia chief business news correspondent

HONG KONG -- China Mobile, the world's largest telecommunications operator by subscribers, aims to fetch a premium of more than 50% as the Hong Kong-listed company sells shares to domestic investors for the first time.

Sponsored Content

About Sponsored ContentThis content was commissioned by Nikkei's Global Business Bureau.