China Mobile (Hong Kong) to Make IPOChina Mobile (Hong Kong) Co., Ltd., has submitted an application to U.S. Securities and Exchange Commission for offering 1005 million shares from which US$6575 million will be raised.The quantity of shares as well as amount raised was based on the closing price of HK$51 on Oct 3 and yet not finally set. China Mobile will itinerate international roadshows starting from next Monday. The actual price will be set by the end of this month. (Panorama) |
People's Daily Online --- http://english.peopledaily.com.cn/ |