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China Mobile Hong Kong Pursues Acquisition of HKBN Ltd.
HKBN (01310.HK) faced a Shareholding reduction of 8.3951 million shares by JPMorgan.
On February 21, Gelonghui reported that according to the latest equity disclosure data from the Stock Exchange, on February 17, 2025, HKBN (01310.HK) saw JPMORGANCHASECO reduce its holdings by 8.3951 million shares at an average price of HKD 5.0417 per share, involving approximately HKD 42.3256 million. After the shareholding reduction, the latest number of shares held by JPMORGANCHASECO is 77,731,697 shares, with the holding proportion decreasing from 6.56% to 5.92%.
Market Chatter: China Mobile-HKBN Deal in Limbo as Regulator Silent About Approval
Express News | JPMorgan Chase & Co Increases Long Position in HKBN to 6.07% on Feb 5 From 4.74% - HKEX
Hong Kong stock market fluctuations | HKBN (01310) dropped more than 6% during the trading session, and there has been no progress on the proposal for CHINA MOBILE to acquire HKBN.
HKBN (01310) fell more than 6% during the trading session; as of the time of writing, it has dropped by 5.73%, trading at 4.94 HKD, with a transaction amount of 72.38 million HKD.
HKBN Ltd. Provides Update on Potential Separate Offer Negotiations
103725026 : Can I buy and sell at that time?
103725026 : Would you like to buy a little?