On 5 February 2026, a disclosure of dealings in the ordinary shares of Bright Smart Securities & Commodities Group Limited was published under Rule 22 of the Hong Kong Code on Takeovers and Mergers. Morgan Stanley & Co., International plc, a Class (5) associate connected with the Offeror, reported share purchase activity on 4 February 2026.

Hedging transactions were executed involving 196,000 shares, resulting in a total payment of $1,677,830.9720. The highest price paid was $8.75 per share, and the lowest was $8.50. Morgan Stanley & Co., International plc stated that the dealings were made for its own account and were linked to Delta 1 products generated by wholly unsolicited client-driven orders. It is ultimately owned by Morgan Stanley.