HKBN Ltd. Unsponsored ADR

Hong Kong Broadband Network Limited, commonly referred to as HKBN Ltd., offers an Unsponsored American Depositary Receipt (ADR) available under the symbol HKBNY. The primary purpose of this unsponsored ADR is to provide U.S.-based investors an accessible route to invest in HKBN Ltd., a major telecommunications and internet service provider in Hong Kong, without directly investing in the foreign stock market. An unsponsored ADR is issued by a depositary bank without the involvement of the underlying company, meaning it does not have the sponsorship or cooperation of HKBN Ltd. HKBN plays a significant role in the telecommunications industry, providing broadband services, telecommunications, and streaming connectivity to a diverse customer base, including homes and businesses. The ADR structure simplifies the process for U.S. investors, allowing them to potentially benefit from HKBN's growth and stability without dealing with the complexities of foreign investment regulations and currency conversions.