HKBN (01310) surged over 46% during trading, rising 37.31% to HK$7.03 at the time of reporting, with trading volume reaching HK$338 million.

On September 17, HKBN and the offeror China Mobile Hong Kong Limited jointly announced that the share offer closed at 4:00 PM on September 17, 2025, without any revision or extension by the offeror.

As of 4:00 PM on September 17, 2025, being the latest time and date for accepting the share offer, the offeror received valid acceptances involving 712,513,527 shares under the share offer, representing approximately 48.18% of all issued shares as of the announcement date.

Taking into account the accepted shares (pending completion of transfer to the offeror) and the 442,197,548 shares already acquired by the offeror under the TPG Share Purchase Agreement and MBK Share Purchase Agreement, representing approximately 29.90% of all issued shares as of the announcement date, the offeror and parties acting in concert hold interests in a total of 1,154,711,075 shares, representing approximately 78.08% of all issued shares as of the announcement date.