智通财经网·2025-10-17 10:39Core Viewpoint - China Mobile will convert its convertible bonds in Shanghai Pudong Development Bank into approximately 150 million A-shares at a conversion price of RMB 12.51 per share, which is beneficial for both parties involved [1] Group 1: Company Actions - Guangdong Mobile will exercise its conversion rights on October 17, 2025, converting a total face value of RMB 1.874 billion (approximately HKD 2.054 billion) of SPDB's A-shares [1] - The actual number of shares converted may vary due to settlement and clearing reasons [1] Group 2: Financial Implications - The conversion allows Guangdong Mobile to subscribe to SPDB's A-shares at a price comparable to market trading prices [1] - This action will help SPDB to replenish its core Tier 1 capital, enhancing its capital strength and risk resilience [1] - The move enables the group to better share in the operational performance of SPDB [1]