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
Oct 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.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.