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China Mobile to buy back $12.6 billion of its HK shares

[China Mobile to buy back $12.6 billion of its HK shares]

China Mobile Ltd will buy back up to $12.6 billion worth of its Hong Kong listed shares on the market, as the company prepares for its 48.7 billion yuan ($7.7 billion) listing in Shanghai on Wednesday, China’s biggest public share offering in a decade.

China Mobile to buy back $12.6 billion of its HK shares comes via ChinaTechNews.com.

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