Biz Scene: Grapevine
China Daily | Updated: 2007-06-19 06:47
China Mobile share sale
China Mobile is planning a multi-billion-dollar share sale in Shanghai as early as next month, Reuters reported yesterday, citing sources familiar with the situation.
It hired KPMG to audit its proposed Shanghai listing late last year. An auditing report has been completed and submitted in a package of listing documents to regulators for consideration, the report said.
China Mobile has also hired Goldman Sachs Gaohua Securities to advise on its Shanghai listing.
(China Daily 06/19/2007 page15)
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