China Mobile Seeks Shanghai Listing Following NYSE Eviction: WSJ

China Mobile Ltd (OTC: CHLKF ) seeks to raise almost $6.1 billion from the sale of up to 964.8 million shares (based on Monday closing price) in Shanghai Stock Exchange following former Trump government-led eviction from the U.S. exchange, the Wall Street Journal reports . On May 6, China Mobile, China Telecom Corp Ltd (OTC: CHJHF ), and China Unicom (Hong Kong) Ltd (OTC: CHUFF ) lost appeals against the NYSE eviction . The companies will be subsequently delisted based on the Trump order. China Mobile plans to spend the proceeds on faster mobile networks, new cloud infrastructure, and superfast…