China Mobile IPO Wins Equity Market Deal of the Year-Premium at Asian Legal Business’ China Law Awards 2022July 25, 2022
Asian Legal Business recognized S&C for its work on China Mobile’s A-share IPO at the China Law Awards. S&C advised China Mobile as it successfully navigated various challenges under Hong Kong laws and listing rules to complete its USD8.2 billion IPO on the Shanghai Stock Exchange, as the first Hong Kong-incorporated, Hong Kong-listed company to have its shares listed on a stock exchange in mainland China. This is the largest main board IPO in mainland China in the past 10 years, the fifth-largest main board IPO in mainland China ever, and the largest IPO in the telecommunications industry globally in the past 20 years.
The awards ceremony was held on July 21 in Beijing and recognized the region’s landmark deals.