China Mobile shares rise in Shanghai trading debut
By Ma Si |
chinadaily.com.cn |
Updated: 2022-01-05 13:41
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Shares of China Mobile Ltd gained as much as 9.4 percent on Wednesday, as it made its debut in the Shanghai Stock Exchange.
China Mobile raised 48.7 billion yuan ($7.7 billion) in the largest initial public offering on the A-share market in the past 10 years.
The stock opened at 63 yuan ($9.89), 9.4 percent higher than the offer price of 57.58 yuan.
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