Regulator greenlights China Telecom's IPO application

File photo/Zhu Wanping (NBD)

China's securities regulator has approved the initial public offering (IPO) application of China Telecom Corporation Limited (China Telecom).

China Telecom will be listed on the A-share market, the China Securities Regulatory Commission said in a statement without specifying the total funds to be raised.

The company and its underwriters will confirm the IPO date and publish its prospectus following discussions with the stock exchange. 

 

Email: gaohan@nbd.com.cn

Editor: Gao Han