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China Mobile is planning what could be the world’s second-largest initial public offering (IPO) this year, almost a year after delisting from the New York Stock Exchange.
The world’s largest mobile network operator by subscribers will sell between 845.7 million and 972.6 million shares, inclusive of an over-allotment option to meet strong investor demand, at 57.58 yuan each in Shanghai, according to an exchange filing. The proceeds of . . .
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