HKBN rejects China Mobile’s bid, seeks better valuation from new buyers
What happened: HKBN turns down HK$7.6 billion offer from China Mobile Hong Kong broadband operator HKBN has formally rejected a buyout proposal from China Mobile International Holdings, calling the offer too low. The HK$5 per share bid—valuing the company at HK$7.6 billion—was dismissed by CEO Ni Qu…




















