Ge Long Hui·2025-09-21 16:08Core Viewpoint - China Mobile has entered into a binding placement arrangement to sell approximately 3.24% of its shares in Hong Kong Broadband (1310.HK) to comply with the minimum public float requirement of 25% for listing rules, aiming to ensure sufficient public shareholding without significantly impacting the operations of Hong Kong Broadband [1] Group 1 - The share sale is intended to meet regulatory requirements and support the long-term development goals of Hong Kong Broadband [1] - China Mobile plans to improve the financial condition of Hong Kong Broadband and maximize synergies between the two companies to expand market share [1] - The initiative is aligned with the growth strategies of both companies, aiming to deliver long-term value to shareholders [1]