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HKBN CEO: Biz Largely Immune from Geopolitical & Tariff Issues
William Yeung, Co-Owner, Executive Vice Chairman, and CEO of HKBN (01310.HK), stated that the group is resilient to setback, with its industry minimally affected by global geopolit...
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William Yeung, Co-Owner, Executive Vice Chairman, and CEO of HKBN (01310.HK)  +0.010 (+0.198%)    Short selling $731.38K; Ratio 8.083%   , stated that the group is resilient to setback, with its industry minimally affected by global geopolitical tensions and tariff wars.

He noted that commercial clients are largely unaffected, with only about 5% of HKBN’s customers engaged in import-export businesses, and just 6.5% of those exporting to the U.S., resulting in a potential impact on only approximately 0.3% of its customer base.

Related NewsCHINA MOBILE 1Q NP RMB30.6B, Up 3.5% YoY
Regarding TPG Wireman’s proposed sale of approximately 15% of HKBN’s shares to China Mobile Hong Kong, Yeung said the transaction is still in progress and has not yet been completed. As it involves shareholder-level dealings, he refrained from commenting further but emphasized that the board is still in discussions with both China Mobile Hong Kong and I Squared Capital, though no mutually agreed plan reached yet.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-04-25 16:25.)

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