HKBN’s CEO Says China Mobile Takeover Offer Undervalues Firm

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Photographer: Lam Yik/Bloomberg

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By Pei Li and Dong Cao

May 26, 2025 at 10:44 AM UTC

Updated on

May 27, 2025 at 2:46 AM UTC

China Mobile Ltd.’s takeover offer for HKBN Ltd. undervalues the company, according to the Hong Kong broadband provider’s top executive.

“I can swear to you, it does not reflect the value we deserve,” HKBN Chief Executive Officer and co-founder William Yeung said in an interview with Bloomberg News on Monday.