{"id":279851,"date":"2021-08-06T10:59:05","date_gmt":"2021-08-06T10:59:05","guid":{"rendered":"https:\/\/www.mobileworldlive.com\/?p=325104"},"modified":"2021-08-06T10:59:05","modified_gmt":"2021-08-06T10:59:05","slug":"china-telecom-progresses-bumper-shanghai-listing","status":"publish","type":"post","link":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/2021\/08\/06\/china-telecom-progresses-bumper-shanghai-listing\/","title":{"rendered":"China Telecom progresses bumper Shanghai listing"},"content":{"rendered":"

<\/p>\n

\tChina Telecom finalised a plan for a multi-billion dollar listing of shares on the Shanghai stock exchange, a process commenced after its equities were removed from the New York market earlier this year.<\/p>\n

In documents filed with the Hong Kong Stock Exchange, where it has its primary listing, the company confirmed shares would be priced at CNY4.53 ($0.70) each with between 10.4 billion and 11.98 billion set to be sold depending on if an over-allotment option is taken.<\/p>\n

Should the maximum number be sold, the company would raise CNY54.2 billion. The listing will be alongside its current one in Hong Kong.<\/p>\n

China Telecom\u2019s move comes weeks after [1] it was given a green light for the sale from China\u2019s market regulator.<\/p>\n

Earlier this year, China Telecom was forced to remove shares [2] from the stock market in New York alongside peers China Unicom and China Mobile, following a decision by US authorities to ban domestic investors trading in equities of companies deemed a national security threat.<\/p>\n

All three appealed the move but had their cases rejected.<\/p>\n

A number of other Chinese companies were also targeted in what authorities in their home market slammed as a politically motivated move, though the China Securities Regulatory Commission played down the impact on the prospects of the businesses involved [3].<\/p>\n

[1] https:\/\/www.mobileworldlive.com\/asia\/asia-news\/china-telecom-receives-green-light-for-shanghai-listing
\n[2] https:\/\/www.mobileworldlive.com\/asia\/asia-news\/china-operators-lose-nyse-delisting-appeal
\n[3] https:\/\/www.mobileworldlive.com\/featured-content\/home-banner\/china-downplays-impact-of-nyse-operator-delistings<\/p>\n\n

\\\"IT\u96fb\u8166\u88dc\u7fd2
\u7acb\u523b\u8a3b\u518a\u53ca\u5831\u540d\u96fb\u8166\u88dc\u7fd2\u8ab2\u7a0b\u5427!<\/figcaption><\/figure>\r\n<\/br>Find A Teacher Form:\r\n<\/br>https:\/\/docs.google.com\/forms\/d\/1vREBnX5n262umf4wU5U2pyTwvk9O-JrAgblA-wH9GFQ\/viewform?edit_requested=true#responses\r\n<\/br><\/br>Email:\r\n<\/br>public1989two@gmail.com






\r\nwww.itsec.hk<\/a>
\r\nwww.itsec.vip<\/a>
\r\nwww.itseceu.uk<\/a>
<\/p>","protected":false},"excerpt":{"rendered":"

China Telecom finalised a plan for a multi-billion dollar listing of shares on the Shanghai …<\/p>\n

The post China Telecom progresses bumper Shanghai listing<\/a> appeared first on Mobile World Live<\/a>.<\/p>\n<\/div>","protected":false},"author":246,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"slim_seo":{"title":"China Telecom progresses bumper Shanghai listing - ITTeacherITFreelance.hk","description":"China Telecom finalised a plan for a multi-billion dollar listing of shares on the Shanghai ... The post China Telecom progresses bumper Shanghai listing appear"},"footnotes":""},"categories":[11,8,21],"tags":[],"_links":{"self":[{"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/posts\/279851"}],"collection":[{"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/users\/246"}],"replies":[{"embeddable":true,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/comments?post=279851"}],"version-history":[{"count":1,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/posts\/279851\/revisions"}],"predecessor-version":[{"id":279852,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/posts\/279851\/revisions\/279852"}],"wp:attachment":[{"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/media?parent=279851"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/categories?post=279851"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/tags?post=279851"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}