On 21 January 2026, the Executive under the Hong Kong Code on Takeovers and Mergers received a disclosure regarding dealings in the shares of Bright Smart Securities & Commodities Group Limited. According to the announcement, Morgan Stanley & Co., International plc engaged in multiple unsolicited client facilitation purchases referencing derivatives tied to these shares on 20 January 2026.
The transactions covered an aggregate of 4,000, 6,000, 16,000, 18,000, 18,400, and 27,600 relevant securities with maturity dates ranging from 5 February 2026 to 30 November 2027. Reference prices for the derivatives spanned from US$8.7067 to US$8.9333, and total amounts paid for each purchase ranged from US$35,279.2700 to US$242,063.9977. The resultant balance of these dealings is specified as zero, indicating that the transactions were made for Morgan Stanley & Co., International plc’s own account.
Morgan Stanley & Co., International plc is noted as a Class (5) associate connected with the Offeror and is ultimately owned by Morgan Stanley.
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