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China Telecom plans to raise funds in Shanghai bourse after New York delisting

Intellasia East Asia News

China Telecom, the country’s largest fixed-line network operator, plans to sell shares in Shanghai to access wider financing in its home market, months after it was delisted by the New York Stock Exchange (NYSE) under a Trump administration executive order. The Hong Kong-listed company, which is controlled by state-owned China Telecommunications Corp, proposes to issue […]

This is not a CAPTIS article. Originally, it was published here.