Bright Smart Securities & Commodities Group Limited: Disclosure of Dealings Involving Morgan Stanley & Co., International plc

Bulletin Express12-02

On 2 December 2025, a possible mandatory general offer situation was announced regarding Bright Smart Securities & Commodities Group Limited. The Executive received a disclosure of securities dealings pursuant to Rule 22 of the Hong Kong Code on Takeovers and Mergers. The disclosure detailed transactions by Morgan Stanley & Co., International plc on 1 December 2025.

Morgan Stanley & Co., International plc reported three derivatives transactions involving other types of products under unsolicited client facilitation. The first was a purchase of 2,000 reference securities at a reference price of HKD7.3500, with a maturity date of 20 June 2030 and a total amount paid of HKD14,700.0000. The second was a sale of 10,000 reference securities at a reference price of HKD7.4600, with a maturity date of 30 January 2026 and a total amount received of HKD74,600.0000. The third was a purchase of 26,000 reference securities at a reference price of HKD7.4600, with a maturity date of 29 May 2026 and a total amount paid of HKD193,960.0000.

According to the disclosure, Morgan Stanley & Co., International plc is a Class (5) associate connected with the Offeror, with dealings made for its own account and ultimate ownership by Morgan Stanley. No resultant share balance was indicated following these transactions.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1146010050?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-12-02 16:50","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1146010050","market":"hk","top_or_hot":-1,"title":"Bright Smart Securities & Commodities Group Limited: Disclosure of Dealings Involving Morgan Stanley & Co., International plc","media":"Bulletin Express","content":"<p>On 2 December 2025, a possible mandatory general offer situation was announced regarding Bright Smart Securities & Commodities Group Limited. The Executive received a disclosure of securities dealings pursuant to Rule 22 of the Hong Kong Code on Takeovers and Mergers. The disclosure detailed transactions by Morgan Stanley & Co., International plc on 1 December 2025.</p>\n<p>Morgan Stanley & Co., International plc reported three derivatives transactions involving other types of products under unsolicited client facilitation. The first was a purchase of 2,000 reference securities at a reference price of HKD7.3500, with a maturity date of 20 June 2030 and a total amount paid of HKD14,700.0000. The second was a sale of 10,000 reference securities at a reference price of HKD7.4600, with a maturity date of 30 January 2026 and a total amount received of HKD74,600.0000. The third was a purchase of 26,000 reference securities at a reference price of HKD7.4600, with a maturity date of 29 May 2026 and a total amount paid of HKD193,960.0000.</p>\n<p>According to the disclosure, Morgan Stanley & Co., International plc is a Class (5) associate connected with the Offeror, with dealings made for its own account and ultimate ownership by Morgan Stanley. No resultant share balance was indicated following these transactions.</p>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Bright Smart Securities & Commodities Group Limited: Disclosure of Dealings Involving Morgan Stanley & Co., International plc</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBright Smart Securities & Commodities Group Limited: Disclosure of Dealings Involving Morgan Stanley & Co., International plc\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1053168898\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/ed558ed0402cbe7d1ef4d150458f2b2e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Bulletin Express </p>\n<p class=\"h-time\">2025-12-02 16:50</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>On 2 December 2025, a possible mandatory general offer situation was announced regarding Bright Smart Securities & Commodities Group Limited. The Executive received a disclosure of securities dealings pursuant to Rule 22 of the Hong Kong Code on Takeovers and Mergers. The disclosure detailed transactions by Morgan Stanley & Co., International plc on 1 December 2025.</p>\n<p>Morgan Stanley & Co., International plc reported three derivatives transactions involving other types of products under unsolicited client facilitation. The first was a purchase of 2,000 reference securities at a reference price of HKD7.3500, with a maturity date of 20 June 2030 and a total amount paid of HKD14,700.0000. The second was a sale of 10,000 reference securities at a reference price of HKD7.4600, with a maturity date of 30 January 2026 and a total amount received of HKD74,600.0000. The third was a purchase of 26,000 reference securities at a reference price of HKD7.4600, with a maturity date of 29 May 2026 and a total amount paid of HKD193,960.0000.</p>\n<p>According to the disclosure, Morgan Stanley & Co., International plc is a Class (5) associate connected with the Offeror, with dealings made for its own account and ultimate ownership by Morgan Stanley. No resultant share balance was indicated following these transactions.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"01428","symbol_name":"耀才证券金融","start_time":0,"source_url":"","article_id":"1146010050","we_media_id":"1053168898","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1146010050","pubTimestamp":1764665405,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Bulletin Express","introduction":"Full Coverage of HK & US Stock Announcements","home_visible":1,"id":"1053168898","head_image":"https://community-static.tradeup.com/news/ed558ed0402cbe7d1ef4d150458f2b2e"},"summary":"On 2 December 2025, a possible mandatory general offer situation was announced regarding Bright Smart Securities & Commodities Group Limited. The Executive received a disclosure of securities...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"01428":"耀才证券金融"},"translate_title":"Bright Smart Securities&Commodities Group Limited：披露涉及摩根士丹利国际有限公司的交易","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"01428":1},"content_text":"On 2 December 2025, a possible mandatory general offer situation was announced regarding Bright Smart Securities & Commodities Group Limited. The Executive received a disclosure of securities dealings pursuant to Rule 22 of the Hong Kong Code on Takeovers and Mergers. The disclosure detailed transactions by Morgan Stanley & Co., International plc on 1 December 2025.\nMorgan Stanley & Co., International plc reported three derivatives transactions involving other types of products under unsolicited client facilitation. The first was a purchase of 2,000 reference securities at a reference price of HKD7.3500, with a maturity date of 20 June 2030 and a total amount paid of HKD14,700.0000. The second was a sale of 10,000 reference securities at a reference price of HKD7.4600, with a maturity date of 30 January 2026 and a total amount received of HKD74,600.0000. The third was a purchase of 26,000 reference securities at a reference price of HKD7.4600, with a maturity date of 29 May 2026 and a total amount paid of HKD193,960.0000.\nAccording to the disclosure, Morgan Stanley & Co., International plc is a Class (5) associate connected with the Offeror, with dealings made for its own account and ultimate ownership by Morgan Stanley. No resultant share balance was indicated following these transactions.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"SGX","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.35.12","shortVersion":"4.35.12","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1146010050","isCrawlerRequest":true}