China Telecom to list on Shanghai market after NYSE eviction

Chairman cites 'rare strategic opportunity' to capitalize on investor interest

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Trading of China Telecom's depositary shares, along with those of peers China Mobile and China Unicom, was suspended by the New York Stock Exchange on Jan. 11. © Reuters

KENJI KAWASE, Nikkei Asia chief business news correspondent

HONG KONG -- China Telecom said Tuesday that it has applied to list its shares in Shanghai, following on the heels of its suspension by the New York Stock Exchange two months ago.

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