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China Tower eyes $10b HK offering

By Ma Si | China Daily | Updated: 2018-07-12 07:48

Fundraising set to be world's largest since e-commerce giant Alibaba's 2014 public float

China Tower Corp, a mobile communication infrastructure company that runs almost all of the mainland's telecom towers, is aiming to raise up to $10 billion in its Hong Kong initial public offering.

The plan, if it goes ahead, will make China Tower's float the world's largest since Chinese e-commerce giant Alibaba Group Holding Ltd's $25 billion listing in 2014.

China Tower eyes $10b HK offering

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