Date: November 18, 2004
Copyright: Reuters in Hong
Kong
Shares of China Netcom, the smallest of Chinas
four big telecoms carriers, rose 11 percent in their Hong
Kong debut on Wednesday, at the high end of forecasts, after
jumping on their first day in New York. China Netcom, the
last of the four big Chinese telecoms carriers to list, traded
at HK$9.35 shortly after the market open on Wednesday, compared
with an offering price of HK$8.40. The stock reached as high
as HK$9.50. Department.
However, he did not deny that the documents
were filed last week. More here
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