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HKBN to Discuss Annual Results and Dividend Plans
HKBN: Date of Board Meeting
HKBN Advances Climate Action Through Technology With SBTi-validated Emissions Reduction Targets
hkbn receives SBTi certification and commits to achieving carbon reduction goals through technology.
Hong Kong Broadband Limited ("hkbn"; Stock Code: 1310), gladly announced that it has obtained the Science Based Targets initiative (SBTi) certification on September 26, 2024 / PRNewswire / --. hkbn has set short-term carbon reduction targets, committing to significantly reduce 50.65% of Scope 1 and Scope 2 emissions based on the 2022 fiscal year baseline by the fiscal year 2030, as well as reducing 25.00% of Scope 3 emissions related to purchased commodities and services, and emissions associated with the use of sales products. hkbn is dedicated to driving environmental, social, and governance (esg) development through technology, aiming to achieve SBTi's 1.
UBS Group: Most bullish on Hong Kong Telecommunications stocks, preferring PCCW (00008) over hkbn (01310)
UBS group believes that the low interest rate environment is beneficial to the fundamentals of the telecommunications industry, can reduce the debt burden of enterprises, drive inflow of funds into risk assets, and is more likely to lead to revaluation due to pressure on dividend yields.
HKBN (01310) rose more than 5% during trading hours. UBS is bullish on the dividend prospects of Hong Kong's telecommunications industry and has raised the company's rating and target price.
hkbn (01310) rose more than 5% in mid-session, as of press time, rose 3.94%, reported HK$2.64, with a turnover of 5.4327 million HK dollars.
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