What approval did China Mobile receive for its share issuance?
China Mobile Gets Nod for Shanghai Listing

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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Approval from the Shanghai Stock Exchange
Approval from the Asian Securities Board
Approval from the China Securities Regulatory Commission
Approval from the Hong Kong Stock Exchange
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How many A shares does China Mobile plan to issue?
500 million
846 million
750 million
1 billion
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Why might the actual amount raised by China Mobile be higher than $5 billion?
Because the Hong Kong stock price is expected to drop
Because A shares are typically traded at a premium to Hong Kong shares
Because A shares are usually cheaper than Hong Kong shares
Because the company plans to issue more shares
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is one of the main uses for the proceeds from China Mobile's stock issuance?
To acquire smaller telecom companies
To expand its core business and upgrade its 5G network
To invest in renewable energy
To enter the European market
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which technology is China Mobile planning to develop with the proceeds?
Smart home technology
Artificial Intelligence
Virtual Reality
Blockchain
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