China Tower wins approval for Hong Kong IPO of up to $10 billion: sources

FILE PHOTO - A sign of China Tower Corp is seen at the PT Expo China in Beijing, China September 20, 2016. REUTERS/Stringer

HONG KONG (Reuters/IFR) – China Tower, the world’s largest mobile mast operator, has won approval in Hong Kong for an IPO that could raise up to $10 billion, according to people familiar with the situation. The news comes as investors and bankers were on Friday awaiting the pricing of Chinese smartphone maker Xiaomi’s initial public […]

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