It is priced at 57.58 yuan / share and is expected to raise 56 billion yuan. China Mobile, the largest IPO of A-Shares in recent ten years, has come.
China Mobile has completed the subscription and strategic placement. On the evening of December 23, China Mobile disclosed the strategic placement results of A-share IPO. 19 strategic investors were allocated 422 million shares, accounting for 49.90% of the total issuance of the company before green shoes, with a total subscription amount of 24.3 billion yuan.
battle cast luxury
The announcement shows that China Mobile's strategic placement is sought after by various investors such as national investment platforms, large central enterprises, well-known insurance institutions, Internet companies, large multinational enterprises and overseas sovereign wealth funds.
In this strategic placement, 141 million shares were allocated to national investment platforms such as social security fund, national transfer fund, Guoxin Investment, phase II of national integrated circuit industry investment fund, China Africa Development Fund and Chinese investment fund, accounting for 33.33%.
Large central enterprises such as state grid, national energy group, China Power Technology Corporation, China FAW, State Investment Corporation and China Energy Engineering Corporation Limited(601868) were allocated 137 million shares, accounting for 32.51%.
Large insurance institutions such as China Life Insurance Company Limited(601628) , The People'S Insurance Company (Group) Of China Limited(601319) , Taiping Life Insurance and China Post life insurance were allocated 113 million shares, accounting for 26.75%.
China Mobile's A-share issuance has also attracted the active participation of well-known enterprises at home and abroad such as JD, Zhengda Group and Brunei Investment Bureau and international sovereign funds. In the future, all parties are expected to expand greater cooperation space in the field of digital economy.
Source: company announcement
806x subscription
430000 winning lots
According to the subscription of this offering, it was determined through negotiation to enable the green shoe mechanism and oversubscribe 127 million shares to online investors, accounting for about 15% of the number of shares initially issued. The final number of shares issued online is 436 million shares (including over allotment). After the call back, the winning rate of online issuance is 0.1241% (including the over allotment part), and the effective subscription multiple is 805.68 times (including the over allotment part). Finally, there were 436032 successful online subscription numbers, and each successful number subscribed 1000 A-share shares of China Mobile.
Source: company announcement
In terms of offline subscription, 3100 effective quotation placement objects managed by 519 investors such as e fund, Boshi, Ruiyuan, China Europe and Oriental fund participated in offline subscription in accordance with the requirements of the issuance announcement.
According to the announcement of China Mobile, the company is a world-class telecom operator with the largest network and customers in the world, leading profitability and ranking in the forefront of market value.
As of the first half of this year, China Mobile's asset scale exceeded 1.7 trillion yuan, the total number of base stations reached 5.28 million, covering more than 99.5% of the country's population, 4G base stations accounted for about 30% of the world, and 5g base stations accounted for about 35% of the world; It serves 950 million mobile users, more than 200 million household users, more than 15 million government and enterprise users, and has 980 million intelligent Internet of things connections, with the total connection scale ranking first in the world; The net profit has exceeded 100 billion yuan for many consecutive years, and the net profit margin and return on total assets rank first among the world's first-class telecom operators.
The fund-raising purpose of China Mobile's A-share IPO will focus on "new infrastructure, new elements and new kinetic energy", promote the transformation of digital intelligence, build a new digital intelligence ecology, and be used for five projects, including 5g high-quality network construction, new infrastructure construction of cloud resources, Qianzhao smart home construction, smart middle platform construction, new generation information technology R & D and digital intelligence ecology construction, with a total investment of 156.9 billion yuan, The proposed fund-raising amount is 56 billion yuan.
coming! What are the institutional heavy positions in the super luxury battle cast announced by China Mobile?
China Mobile's A-share premium is 52.25%, and the premium rate of issuing ah shares is China Telecom Corporation Limited(601728) half
(China Securities Journal)
