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China Cellular Makes Debut in Shanghai After $9 Billion Inventory Sale

China Cellular Makes Debut in Shanghai After  Billion Inventory Sale

Eight months after China Cellular Ltd. was booted from the New York Inventory Trade, the enormous cellphone service made its debut in Shanghai on Wednesday after elevating near $9 billion in a blockbuster homecoming itemizing.

Shares of the state-owned cellular operator closed barely above their Shanghai stock-offering value of 57.58 yuan, the equal of $9.06, after climbing earlier within the day.

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