At 9:30 a.m. on January 5, China Mobile opened the market in the Shanghai Securities Exchange hall, breaking the largest IPO record in China’s A-share market in recent 10 years. So far, all three major telecom operators in China have landed A-shares.
As one of the sponsors, China International Capital Corporation Limited(601995) ( China International Capital Corporation Limited(601995) ) once again helps China mobile land in the capital market.
Huang Zhaohui, CEO of China International Capital Corporation Limited(601995) , said: “as the first share of overseas listing of central enterprises and the first order of reform of large central enterprises, China International Capital Corporation Limited(601995) Witnessed China mobile set sail in the capital market. In the face of great changes that have not been seen in a century, China Mobile’s return to A-Shares is an important embodiment of the implementation of the national strategy, an important measure for the reform and consolidation of state-owned enterprises, and a re entrepreneurship for China Mobile to deepen reform and development. ”
On October 23, 1997, China Mobile was listed on the stock exchange of Hong Kong, becoming the “first share of central enterprises listed overseas”. This is a major choice made by the China Telecom Corporation Limited(601728) industry with the support of the party and the state under the dual background of Hong Kong’s return to the motherland and the financial storm sweeping Hong Kong. It is important for the stability and prosperity of Hong Kong, And the development of China’s mobile communication industry and even the reconstruction of the world’s mobile communication pattern have had a far-reaching impact.
The successful listing of China Mobile provides a useful reference for Chinese central enterprises to enter the overseas capital market, realize financing and introduce advanced international management experience. Not only have China Telecom Corporation Limited(601728) , China United Network Communications Limited(600050) been listed in many places successively, Petrochina Company Limited(601857) , China Petroleum & Chemical Corporation(600028) , and CNOOC successively completed restructuring and landed in the international capital market, but the four major state-owned banks have also set sail to sea one after another.
As Huang Zhaohui said, “After more than 20 years, as a technology leader in the development and growth of China’s information and communication industry and the core main force in building a network power, digital China and smart society, China Mobile has lived up to its mission, promoted the leapfrog development of China’s information industry with 2G follow-up, 3G breakthrough, 4G synchronization and 5g lead, and built a new generation of high-speed, mobile and safe information technology that benefits one fifth of the world’s population Information infrastructure. ”
According to public information, China Mobile has grown into a world-class telecom operator with the largest network, the largest number of customers and leading profitability in the world. Its operating revenue has continued to grow, its net profit has exceeded 100 billion yuan for many consecutive years, and its net profit margin and return on total assets rank first among the major international telecom operators.
Yang Jie, chairman of China Mobile, regarded China Mobile’s return to A-Shares as a “historical moment”, marking that China Mobile has successfully built a domestic and foreign capital operation platform, which has laid a solid foundation for the company to promote digital intelligence transformation and accelerate high-quality development.
The prospectus disclosed that the funds raised by China Mobile’s IPO will be invested in “5g boutique network construction project”, “cloud resources new infrastructure construction project”, “Gigabit smart home construction project”, “smart middle platform construction project” and “new generation information technology R & D and digital intelligence ecological construction project”.
25 years ago, the red chip giant ship broke into the Xiangjiang River, making the open China Telecom Corporation Limited(601728) industry face the world communication market. Today, China Telecom Corporation Limited(601728) , China Mobile and China United Network Communications Limited(600050) have grown into world-class telecom operators, contributing to the “China plan” and “China wisdom” in the development of world communication civilization.
Luo Haoyuan, founder of China Guangdong joint investment, said: “as the ‘first share of red chip companies returning to the A-share main board’, China Mobile has added a ballast to the market, and the investment value can be expected. Chinese investors will also share the dividends of China Telecom Corporation Limited(601728) industry development through the stock market.”
Luo Haoyuan stressed that the A-share meeting of the three major telecom operators is of great significance to China’s capital market. With the increase in the weight of telecom operators in the market index, this new sector will become the “fixed star” of the A-share market.
According to Fu Liang, an independent analyst in the telecommunications industry, the overall “science and technology content” of China’s top 10 A-share companies is low, while a healthy and active stock market and dynamic high-tech and information technology companies should rank in the forefront of stock market value.
(Science and technology daily)
