Hong Kong Stocks in Motion | HKT-SS (06823) Sees Afternoon Losses Exceeding 6% Amid Reports of Potential License Revocation in the U.S.

Stock News
10/16

According to reports, HKT-SS (06823) is experiencing a significant decline in the afternoon, with losses exceeding 6%. As of the latest update, the stock fell by 6.08%, trading at HKD 10.97, with a turnover of HKD 337 million. The decline follows media reports that the Federal Communications Commission (FCC) of the United States, citing national security concerns, is set to revoke the operating authorization of HKT International, a subsidiary of HKT, in the U.S.

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