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Transcripts for BBCNEWS World Business Report 20220105 05:48:00

go public in shanghai. ba; go public in shanghai. by raisin go public in shanghai. el: raising almost $8 billion it is the country s biggest public offering and a decade and they say they will be using the cash to develop premium 5g networks. it is also expected to be one of many homecoming listings for chinese companies because that us policy to clampdown on investments in chinese tech giants is still in place and we are waiting for china s bride hailing giant didi to take its listing of the new york stock exchange and moved to hong kong. 0ne exchange and moved to hong kong. one is one of the typical examples of chinese tech giants which came under enormous pressure at home especially after it pushed ahead with its us ipo, for example was removed from app stores in china a few days after its listing and basically beijing is very sensitive about data and us regulators forcing chinese companies to go through proper auditing just like any foreign

Transcripts for BBCNEWS World Business Report 20220105 05:47:00

investigating last year s attack on the capitol says it wants to question a us tv host about text messages he sent to donald trump. shares in china mobile have started trading in shanghai, rising by more than 9% at the open. it s a homecoming for the telecommunications giant that was delisted on wall street after the trump administration moved to restrict investment in chinese tech firms. mariko 0i is following the story from our asia business hub. how has china mobile done, it sounds like a good debut oh yes it was, and if you remember it was one of the three state owned chinese telecom companies which were delisted from wall about a year ago because of a new rule introduced by trump administration and china mobile which is of course the world s august bone operated by total subscribers, it is the last to

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