HK Stock Market Move | HKBN (01310) rose more than 23%, the share offer deadline is approaching. The offeror, China Mobile Limited, and its concerted parties hold a stake of 78.08%.

HKBN (01310) rose more than 23%, as of the time of writing, it has risen by 23.63%, to 6.33 Hong Kong dollars, with a trading volume of 36.9141 million Hong Kong dollars. On the news front, on September 17, HKBN (and the offeror China Mobile Limited Hong Kong Limited) jointly announced that the share offer has expired at 4:00pm on September 17, 2025 without the offeror revising or extending the offer. At 4:00pm on September 17, 2025, which was the last time and date for accepting the share offer, the offeror has received valid acceptances for 712,513,527 shares, representing approximately 48.18% of the total issued shares as of the date of this announcement. Taking into account the accepted shares (to be transferred to the offeror upon completion of the acceptance); and the shares acquired by the offeror and its concerted parties under the TPG share purchase agreement and the MBK share purchase agreement, totaling 442,197,548 shares, representing approximately 29.90% of the total issued shares as of the date of this announcement, the offeror and its concerted parties hold interests in a total of 1,154,711,075 shares, representing approximately 78.08% of the total issued shares as of the date of this announcement.