China Mobile hopes to raise $7.6 bn from Shanghai offering post Trump ban

The state-run company was removed from the New York Stock Exchange earlier this year due to an investment ban ordered by former President Donald Trump

China Mobile Ltd., the country’s largest wireless carrier by revenue, is aiming to raise 48.7 billion yuan ($7.64 billion) from its Shanghai listing in what would rank among the largest share offers for the nation’s domestic stock market in a decade. 

The state-run company, which was removed from the New York Stock Exchange earlier this year due to an investment ban ordered by