The company said the services it intends to continue do not fall under the order requiring a halt to its common carrier operations, arguing it qualifies as a private carrier

China Mobile said in a prospectus it plans to sell up to 845 million shares at 57.58 yuan apiece, raising over 48 billion yuan ($8.8bn) before an over-allotment option is exercised.

The steepest decline came this year amid crackdowns on Big Tech platforms and internet content

The exposures, which factor in a refund of withholding tax, were fully disclosed as contingent liabilities in audited financial statements in prior periods, Singtel said

In November, China reported 5G phone shipments of 28.97 million units, a year-on-year increase of 43.9%

China has reined in its most successful and freewheeling tech giants while European countries have attracted further investment

Weibo, which raised $385 million, opened at HK$256.20 after pricing its shares at HK$272.80, and slipped to HK$254 in afternoon trading

Smartphone maker will continue to work on flagship phones, especially folding models, as well as the Mate and P series

US regulators file lawsuit to block merger of graphics chip star with mobile chip technology powerhouse Arm, fearing it would undermine competition

The move comes days after authorities advised people not to subscribe to services being advertised by Starlink because the firm did not have permits to operate them yet.

Talks of a possible deal come two months after the Indian conglomerate was outbid by a private equity consortium of Apax Partners and Warburg Pincus for T-Mobile's Dutch unit

Jefferies said the surge stemmed from the release of the latest iPhone series, as well as Android players getting ready for Singles' Day