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The Hong Kong-listed carrier's shares finished 3.33 percent higher. In a filing on Tuesday, the business stated that it will proceed with a plan to repurchase up to 2.05 billion shares for roughly $13 billion

China Mobile shares surge in Shanghai debut following US delisting

China Mobile shares began trading at 63 yuan, 9.4 percent higher than the offer price

By Ishika Dangayach
Published - Jan 05, 2022, 01:53 PM ET
Last Updated - Feb 13, 2024, 02:03 PM EST


• China Mobile shares began trading at 63 yuan, 9.4 percent higher than the offer price

• The mobile operator finished marginally above the offer price of 57.58 yuan

China Mobile Ltd. made its debut in Shanghai on Wednesday, generating nearly $9 billion in their offering.

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