![Tong Jilu, chairman of China Tower Corp., poses for photographs in front of a gong during the company's listing ceremony at the Hong Kong Stock Exchange in Hong Kong, China, on Wednesday, Aug. 8, 2018. China Tower inched up in Hong Kong trading debut after completing the world's largest initial public offering in two years. Photographer: Paul Yeung/Bloomberg](https://thenational-the-national-prod.cdn.arcpublishing.com/resizer/v2/FP5W52LETT3GUB5TDWLNYOV7KU.jpg?smart=true&auth=29e8445c447ccbdbda0747a131ef6b91bc0359699e38d886a227af43d7ee79ec&width=400&height=225)
Tong Jilu, chairman of China Tower, at the firm's listing ceremony at the Hong Kong Stock Exchange. Bloomberg
Tong Jilu, chairman of China Tower, at the firm's listing ceremony at the Hong Kong Stock Exchange. Bloomberg
China Tower emerges unscathed from world's biggest IPO in two years
State-run firm avoids smartphone maker Xiaomi’s disappointing debut last month to close unchanged from its IPO price of HK$1.26 in Hong Kong