On Nov. 5, China Securities Regulatory Commission (CSRC) announced that the IPO of China Mobile was passed. This successful approval for China Mobile also means that the three major service providers will meet in the A-share market.
According to industry insiders, their meeting in the A-share market will further expand the radiation of China's information and communication industry. Return to the A-share market will increase the frequency of information exposure of China Telecom and China Mobile, thus directly driving the synergic development of industry chain, sharing the development bonus with a wider range of industries and investors, and promoting the healthy and stable growth of the industry as a whole.