HKBN Ltd. has disclosed securities dealings under Rule 22 of the Hong Kong Code on Takeovers and Mergers. J.P. Morgan Securities PLC, a Class (5) associate connected with the Offeree company, made a purchase of 3,000 shares in the form of other types of securities, such as equity swaps, on 23 July 2025. This transaction was for hedging Delta 1 products resulting from wholly unsolicited client-driven orders. J.P. Morgan Securities PLC is ultimately owned by JPMorgan Chase & Co.
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