Brief: China Mobile Subscribes 6.78 Bln A-Shares Of Postal Savings Bank Of China For 45 Bln Yuan

China Mobile

29/03/2023 12:23

March 29 (Reuters) - Postal Savings Bank Of China
 601658.SS :
    * SAYS CHINA MOBILE SUBSCRIBES 6.78 BILLION A-SHARES OF THE
BANK
VIA SHARE PRIVATE PLACEMENT FOR 45 BILLION YUAN  ($6.54 billion)
    * SAYS CHINA MOBILE TO OWN 6.83% STAKE IN THE BANK AFTER THE
SUBSCRIPTION

    Source text
  
Further company coverage:  601658.SS 

($1 = 6.8837 Chinese yuan renminbi)

 (Reporting by Hong Kong newsroom)
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