| China Telecom (Hong Kong) Ltd. | |||
| Ticker: | CHL | ||
| Exchange: | New York Stock Exchange | Wanchai, HKONG | |
| Industry: | Service (SIC Code 4812) | ||
| Type of Shares: | American Depositary Receipts | Filing Date: | 9/19/97 | |
| U.S. Shares: | 111,470,550 | Offer Date: | 10/15/97 | |
| Non-U.S. Shares: | 18,529,450 | Filing Range: | $20.03 - $25.84 | |
| Primary Shares: | 130,000,000 | Offer Price: | $30.50 | |
| Secondary Shares: | 0 | Gross Spread: | $1.07 | |
| Offering Amount: | $2,981,550,179 | Selling: | $0.64 | |
| Expenses: | - | Reallowance: | $0.10 | |
| Shares Out After: | - |
| Manager | Tier | Phone |
| Goldman, Sachs & Co. | Lead Manager | (212) 902-5959 |
| Morgan Stanley Dean Witter Discover & Co. | Co-manager | (212) 761-5900 |
| Business Description |
| The company is a provider of cellular telephone services in Guangdong and Zhejing provinces in China. |
| Use of Proceeds |
| The proceeds from the proposed offering will be used to fund a portion of the planned expansion of the company's cellular networks in Guangdong and Zhejing, the implementation of new management information systems and billing, clearance and collection systems and for general corporate purposes. |