News Snapshot:
By Yifan Wang Shares of China Mobile Ltd. jumped on their Shanghai entrance Wednesday, after a Hong Kong-listed telecom user lifted US$8.8 billion in one of a world’s largest share sales final year. The batch has gained as most as 10% from a charity cost of 57.58 yuan (US$9.06) apiece. Shares were final trade 4.0% aloft during CNY59.89. The company’s shares also gained 3.7% in Hong Kong, after it denounced a new share buyback devise Tuesday. The Chinese telecom giant’s domestic listing, initial announced in May, came amid rising uncertainties for a abroad shares, after a New York Stock Exchange...
