China Mobile Stock Rises in Shanghai Debut


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China’s largest public share offering in a decade took place Wednesday when China Mobile raised 48.7 billion yuan ($7.64 billion) on the Shanghai market, in an operation closely scrutinized by analysts. Shares in the world’s largest mobile operator by the number of customers soared more than 9% above the offer price in early trading, before finishing the session up 0.5%. The Shanghai composite index fell 1% Wednesday. China...