News Sharing
For sharing news, please enter the email address of you and the receiver, then press SEND button.*Mandatory Fields
Receiver*
Enter email addresses, separated by semicolon (;). E.g. a@a.com;b@b.com
Your email address*
Content Sharing
US FCC Intends to Revoke Operating License of HKT's US Subsidiary
The US Federal Communications Commission (FCC) announced that it plans to revoke the US operating license of HKT International, a subsidiary of PCCW (00008.HK), on the grounds of n...
Reset
Send
The window will close in 5 seconds
US FCC Intends to Revoke Operating License of HKT's US Subsidiary
Close
Recommend
50
Positive
67
Negative
65
 
 

The US Federal Communications Commission (FCC) announced that it plans to revoke the US operating license of HKT International, a subsidiary of PCCW (00008.HK)  -0.040 (-0.662%)    Short selling $2.82M; Ratio 10.921%   , on the grounds of national security concerns.

The FCC has asked HKT-SS (06823.HK)  +0.020 (+0.162%)    Short selling $12.08M; Ratio 16.110%   and its subsidiaries to explain why, given their ties with China Unicom Americas, the revocation process shouldn't be initiated.

Related News JPM Lists Defensive High-Yield Theme Picks for Chinese Stocks (Table)
If the FCC has finalized its decision to revoke HKT International's operating license, HKT International will be barred from providing international and domestic telecommunications services within the US.

In 2022, the FCC revoked the operating license of CHINA UNICOM (00762.HK)  +0.030 (+0.416%)    Short selling $12.59M; Ratio 18.319%   and has since taken similar actions against other Chinese telecom operators in the US.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-04-10 16:25.)

AASTOCKS Financial News

Copyright(C) AASTOCKS.com Limited 2000. All rights reserved.
Disclaimer: AASTOCKS.com Ltd, HKEx Information Services Limited, its holding companies and/or any subsidiaries of such holding companies endeavour to ensure the accuracy and reliability of the Information provided but do not guarantee its accuracy or reliability and accept no liability (whether in tort or contract or otherwise) for any loss or damage arising from any inaccuracies or omissions.