I-Cable once plunges by 2.9% to HK$4.175, a month new low

Although I-Cable Communications (1097) made announcement to confirm that the company is in talks on acquiring netease, share price of the company was not spurred and went down alongside the broad market by 2.9% to HK$4.175, a new low of a month.

I-Cable Communications declared to admit that the company is in talks with netease and partial shareholders but reaches no agreement at present yet.

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