China Unicom shares rise 9% on Hong Kong debut

Shares in China''s second biggest telecommunications company rose comfortably on their first day''s trading in Hong Kong following similar gains in New York.

Toni Clarke

June 22, 2000

China Unicom, China's second biggest telecommunications company, rose 9% in debut trading on Hong Kong's stock exchange, after rising 12% on the first day of trading yesterday on the New York Stock Exchange, in China's biggest ever initial public offering.

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