BEIJING—China Mobile (HK) announced it had enough cash and the potential for debt financing to purchase additional networks from its parent company without issuing new shares. Investors are worried that issuing new shares would lead to share dilution.
China Mobile (HK) raised US$6.6 billion in a share issue last November to partly finance network purchases from China Mobile Communications totaling US$32.84 billion.
Chairman Wang Xiaochu hopes to go ahead with further acquisitions in the first half of next year.
