3 CHINESE TELECOMS GIANTS SAID TO RETURN TO A-SHARE MARKET
AsiaInfo Services, January, 2007
AsiaInfo Services 01-09-2007 3 Chinese Telecoms Giants Said to Return to A-share Market BEIJING, Jan 09, 2007 (SinoCast via COMTEX) -- China Mobile, China Telecom and China Netcom are expected to return to mainland China's A-share market this year, Chinese media said. The three telecoms tycoons are said to aim at raising capital input of CNY 100 billion, in order to build up 3G network. Among the three, China Telecom, as the largest fixed network carrier in mainland, has not announced its listing plan yet; insider stated that the big player is now negotiating with certain investment bank for going to A-share market by the second quarter this year.
China Netcom has already contacted with securities and making plan for listing on A-share market. Due to the...
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