FilingReader Intelligence

J.P. Morgan adjusts HKBN holdings amid takeover speculation

August 19, 2025 at 08:50 AM UTCBy FilingReader AI

J.P. Morgan Securities disclosed significant HKBN share dealings on August 18 amid a possible voluntary general offer for the Hong Kong company.

The investment bank closed derivative contracts covering 631,000 securities at $5.0635, generating total receipts of $3.22m. It simultaneously issued new derivatives referencing 3,600 securities worth $18,265 with a January 2029 maturity.

Following the transactions, J.P. Morgan Securities' resultant balance stands at 42,289,125 securities.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

HKEX:1310Hong Kong Exchange

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