China Telecom completed its offering on the Shanghai Stock Exchange. On the first day of trading, the company's securities rose 34 percent. China Telecom raised $7.3 billion, the largest offering on the Shanghai floor since 2007, when PetroChina raised $8.9 billion.
China Telecom completed its offering on the Shanghai Stock Exchange. On the first day of trading, the company's securities rose 34 percent. China Telecom raised $7.3 billion, the largest offering on the Shanghai floor since 2007, when PetroChina raised $8.9 billion. 
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