Eight months after China Mobile Ltd. was booted from the New York Stock Exchange, the giant cellphone carrier made its debut in Shanghai on Wednesday after raising close to $9 billion in a blockbuster homecoming listing.

Shares of the state-owned mobile operator closed slightly above their Shanghai stock-offering price of 57.58 yuan, the equivalent of $9.06, after climbing earlier in the day.

This post first appeared on wsj.com

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