On 23 January 2026, a public disclosure form announced details of recent dealings by Morgan Stanley & Co. International plc in the ordinary shares of ENN Energy Holdings Limited under a privatisation by way of scheme of arrangement. According to the filing, Morgan Stanley & Co. International plc, which is ultimately owned by Morgan Stanley, is a Class (5) associate connected with the offeror, and the reported transactions occurred on 22 January 2026 for its own account.
Morgan Stanley & Co. International plc completed multiple hedging transactions involving wholly unsolicited client-driven orders. These involved purchases and sales of ordinary shares for hedging Delta 1 products, as well as hedging equity-related products. The reported data show a purchase of 1,900 shares totaling HK$130,129.80, with prices ranging from HK$68.10 to HK$68.80, and a sale of 2,200 shares totaling HK$150,668.10, with prices between HK$67.90 and HK$68.65. Additional purchases involved 500 shares at a total of HK$34,248.30, with the highest price of HK$68.75 and the lowest price of HK$68.35. A sale of 6,500 shares relating to the creation of new index-tracking ETFs was disclosed at a total of HK$442,000.00, with the shares transacted at HK$68.00.
The public filing states that these dealings were conducted for Morgan Stanley & Co. International plc’s own account. The disclosure confirms that relevant securities in the index-tracking ETF creation represented less than 1% of the class in issue and less than 20% of the basket or index value.
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