China Mobile surges in Shanghai debut

By Agence France-Presse

Jan 06, 2022 12:10 am

SHANGHAI: China Mobile shares soared more than 9 percent on Wednesday in their debut on the Shanghai stock exchange after the telecoms giant was delisted in New York amid tensions between Beijing and Washington.

The stock jumped as much as 9.4 percent before quickly pairing those gains and was more than 3 percent higher an hour into trading.

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