China Mobile Hong Kong Receives Approval from National Development and Reform Commission for HKBN Ltd. Share Acquisition

Reuters

2025/06/20

China Mobile Hong Kong Receives Approval from National Development and Reform Commission for <a href="https://laohu8.com/S/HKBNF">HKBN Ltd</a>. Share Acquisition

China Mobile Hong Kong Company Limited has announced that it received approval from the National Development and Reform Commission on June 19, 2025, for its pre-conditional voluntary general cash offer to acquire all issued shares in HKBN Ltd., excluding those already owned by China Mobile Hong Kong and its affiliates. This marks a significant step in the regulatory process, following previous approval from the State-Owned Assets Supervision and Administration Commission of the State Council on April 9, 2025. However, approvals from other regulatory bodies, including the Ministry of Commerce, remain pending. Further updates regarding the status of the offers and the dispatch of the Offer Document will be provided by the Offeror in due course.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. HKBN Ltd. published the original content used to generate this news brief on June 20, 2025, and is solely responsible for the information contained therein.

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Share Acquisition\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        China Mobile Hong Kong Company Limited has announced that it received approval from the National Development and Reform Commission on June 19, 2025, for its pre-conditional voluntary general cash offer to acquire all issued shares in <a href=\"https://laohu8.com/S/HKBNY\">HKBN Ltd</a>., excluding those already owned by China Mobile Hong Kong and its affiliates. This marks a significant step in the regulatory process, following previous approval from the State-Owned Assets Supervision and Administration Commission of the State Council on April 9, 2025. However, approvals from other regulatory bodies, including the Ministry of Commerce, remain pending. 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HKBN Ltd. published the original content used to generate this news brief on June 20, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU1328615791.USD","symbol_name":"FULLERTON LUX FUNDS - ALL CHINA EQUITIES \"I\" (USD) ACC","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250620:nNDLVxk2D:1","article_id":"2544125801","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2544125801","pubTimestamp":1750413783,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"China Mobile Hong Kong Company Limited has announced that it received approval from the National Development and Reform Commission on June 19, 2025, for its pre-conditional voluntary general cash offer to acquire all issued shares in HKBN Ltd., excluding those already owned by China Mobile Hong Kong and its affiliates. 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Share Acquisition\n    \n\n        China Mobile Hong Kong Company Limited has announced that it received approval from the National Development and Reform Commission on June 19, 2025, for its pre-conditional voluntary general cash offer to acquire all issued shares in HKBN Ltd., excluding those already owned by China Mobile Hong Kong and its affiliates. This marks a significant step in the regulatory process, following previous approval from the State-Owned Assets Supervision and Administration Commission of the State Council on April 9, 2025. However, approvals from other regulatory bodies, including the Ministry of Commerce, remain pending. Further updates regarding the status of the offers and the dispatch of the Offer Document will be provided by the Offeror in due course.\n      \n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. 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