CHINA MOBILE EYES A-SHARE MARKET
AsiaInfo Services, June, 2001
AsiaInfo Services 06-08-2001 China Mobile Eyes A-share Market BEIJING, Jun 08, 2001 (AsiaPort via COMTEX) -- China Mobile (Hong Kong) is considering entering the domestic A-share stock market after it was listed in Hong Kong and New York, Wang Xiaochu, chairman of the company revealed. As the listing branch of China Mobile, the dominant mobile telecom operator, it has become the most influential stock in the Hong Kong Stock Exchange. "The company is waiting for approval from the securities authorities for the domestic listing in the form of CDR (China depository receipts)," Wang said in the roadshow for the company's 5 billion yuan (US$603.8 million) corporate bond. CDR refers to the domestic listing method for those companies which were incorporated overseas. ...
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