China Mobile plans Shanghai listing following NYSE exile

China Mobile is planning to list on the Shanghai stock exchange after being exiled from the NYSE.

Last November, then-president Donald Trump signed an executive order to delist China Mobile, China Unicom, and China Telecom from the New York Stock Exchange on national security grounds.

The NYSE briefly backtracked on its plan to delist the Chinese telecoms giants after “further consultation with relevant regulatory authorities”. However, the exchange quickly changed...

New York Stock Exchange backtracks on plan to delist Chinese telcos

The New York Stock Exchange (NYSE) no longer plans to comply with a Trump administration order to delist Chinese telecoms groups.

NYSE began proceedings to delist China Mobile, China Unicom, and China Telecom last week after the order signed by President Trump in November.

The order is designed to prevent transactions in securities “designed to provide investment exposure to such securities, of any Communist Chinese military company” by any person in the...

Huawei and China Mobile bring 5G connectivity to Everest’s summit

Huawei and China Mobile have partnered up to bring 5G connectivity to the summit of the world’s highest mountain.

The partners set up a 5G base station 6,500 metres above ground which provides access to China Mobile’s dual-gigabit network. Other base stations were built at the Base Camp (5,300 metres) and the Transition Camp (5,800 metres).

A dozen specialists will be stationed at all times across the three camps to ensure the network operates...