J.P. Morgan Securities discloses HKBN share dealings
J.P. Morgan Securities PLC disclosed dealings in the shares of HKBN LTD (HKEX: 1310) on March 4, 2025. The disclosure, made pursuant to Rule 22 of the Hong Kong Code on Takeovers and Mergers, reveals a purchase of 68,000 shares on March 3, 2025. The transaction, classified as "Other types of securities (e.g., equity swaps)," involved hedging of Delta 1 products and unsolicited client-driven orders. The total amount paid was $347,361.2000, with prices ranging from $5.1400 (highest) to $5.0400 (lowest). J.P. Morgan Securities PLC is a Class (5) associate connected with the Offeree company and ultimately owned by JPMorgan Chase & Co.. The dealings were made for its own account.
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