(MENAFN) The initial public offering (IPO) application of China Telecom Corporation Limited (China Telecom) was confirmed by China's securities regulator.
The China Securities Regulatory Commission stated that China Telecom is going to be recorded on the A-share market, without agreeing the total assets to be high.
Additionally, the company and its sponsors are going to approve the IPO date and share its list after deliberations with the stock trade.
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