SHANGHAI (Reuters) - Hong Kong-listed China Telecom Corp, the state-owned wireless carrier blacklisted by Washington, said on Tuesday it plans to sell shares in Shanghai to broaden its financing channels. China Telecom proposes to sell up to 12.09 billion shares publicly on the Shanghai Stock Exchange, or 13% of the enlarged capital base, according to an exchange filing. The company will raise roughly $4.1 billion based on its Hong Kong closing price on Tuesday. China Telecom may also expand its offering by 15% by exercising an over-allotment "greenshoe" option. China Telecom, China Mobile and China Unicom are appealing a decision by the New York Stock Exchange to delist their American Depositary Receipts (ADRs), after former U.S. President Donald Trump banned U.S. investment in companies with alleged military backing.