HKBN Ltd. has disclosed securities dealings under the Hong Kong Code on Takeovers and Mergers. According to the announcement, J.P. Morgan Securities PLC engaged in the purchase of other types of securities, including equity swaps, as part of hedging Delta 1 products. These transactions were initiated by wholly unsolicited client-driven orders. J.P. Morgan Securities PLC, a Class (5) associate connected with HKBN Ltd., made these dealings for its own account. The transactions involved a total of 1,140,000 shares.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.