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The latest announcement is out from HKBN ( (HK:1310) ).
China Mobile Hong Kong Company Limited has completed the acquisition of shares in HKBN Ltd. from Twin Holding Ltd., now holding approximately 29.90% of HKBN’s total issued share capital. This acquisition marks a significant strategic move for China Mobile Hong Kong, potentially enhancing its market position and influence within the telecommunications industry, while stakeholders may anticipate shifts in company operations and governance.
The most recent analyst rating on (HK:1310) stock is a Hold with a HK$3.70 price target. To see the full list of analyst forecasts on HKBN stock, see the HK:1310 Stock Forecast page.
More about HKBN
YTD Price Performance: 2.33%
Average Trading Volume: 2,279,966
Technical Sentiment Signal: Buy
Current Market Cap: HK$7.47B
For detailed information about 1310 stock, go to TipRanks’ Stock Analysis page.