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China Mobile's battle investment list was announced, and 19 companies subscribed a total of 24.3 billion yuan to social security funds, Jingdong and so on

Reporter Li Qiaoyu

On the evening of December 23, China Mobile disclosed the results of the strategic placement of A-share IPOs on the Shanghai Stock Exchange, and the total number of shares allocated by 19 strategic investors was 422 million shares, accounting for about 49.90% of the total issuance of the company before the exercise of Green Shoe, and the total subscription amount reached 24.3 billion yuan.

In this strategic placement, the national investment platforms such as the Social Security Fund, the State Adjustment Fund, the Guoxin Investment Fund, the Integrated Circuit Fund, the China-Africa Development Fund, and the Chinese Investment Fund received a total of 141 million shares, accounting for 33.33%; the State Grid, the National Energy Group, the China Electricity Branch, the Fawc, the State Investment Corporation, the State Investment Corporation, the China Energy Construction Corporation, and many other powerful and influential large central enterprises received a total of 137 million shares, accounting for 32.51%; Chinese Life, Chinese Insurance, Taiping Life, Large insurance institutions such as China Post Life insurance institutions received a total of 113 million shares, accounting for 26.75%; in addition, China Mobile's A-share issuance has also been actively participated by well-known domestic and foreign enterprises such as JD.com, Chia Tai Group, Brunei Investment Bureau and international sovereign funds.

While introducing many high-quality strategic investors at home and abroad, China Mobile's A-share listing has also been enthusiastically pursued by small and medium-sized investors, and the online subscription multiple after the callback has reached 805.68 times, which is the highest subscription multiple for IPO projects of non-financial enterprises with more than 10 billion yuan in the history of the A-share main board.

Industry insiders believe that China Mobile's introduction of central enterprises that occupy a dominant position in different industrial fields as strategic investors is conducive to driving the digital transformation of various industries and upstream and downstream of the industrial chain, creating a new ecosystem of digital and intelligent cooperation, and jointly promoting the deep integration and development of new generation information technologies such as 5G and cloud computing with the real economy.

Fu Liang, an analyst in the communications industry, told the Securities Daily reporter that China Mobile itself is a better investment target, and shareholders such as JD.com may be in line with China Mobile in terms of business.

"In addition, judging from the list of investments in this war, state-owned capital plays an important role." Fu Liang told reporters that this means that state-owned capital is escorting leading stocks in science and technology, and supporting leading stocks in science and technology is also conducive to the healthy development of the entire A-share market.

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