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China Tower, a joint venture between China Telecom (00941), China Unicom (00762) and China Telecom (00728), is listed in Hong Kong in the latter part of this month and is listed on the stock market. .
The 21st Century Business Herald quoted people aware of the case by saying that the China Tower would land in Hong Kong stock on the 26th of this month and that it would become public at the time. ;to come up.
Reuters & # 39; IFR reported earlier that China Tower had already held the registration hearing in Hong Kong and launched a listing recommendation with an estimate ranging from RMB 218 billion at RMB 340 billion.
According to preliminary documents of the IPO, China Railway Tower posted a profit of 380 million yuan in the first quarter, down 21.49% year on year, and operating profit of 17.244 billion yuan, up 4.83% year-on-year. Last year, profit was 1.943 billion yuan, up 24.57 times year on year, operating income setting to 68.665 billion yuan, up 22, 62% over one year. Earlier, foreign sources cited rumors that China Tower's fundraising was $ 8 billion to $ 10 billion (about $ 62.4 billion to $ 78 billion Hong Kong) and would be more likely to come from China. to be called "Funding King" this year. The largest number of new fundraising actions in the world.
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