Bright Smart Securities and Commodities Group Ltd. announced an internal dealing under Rule 22 of the Hong Kong Code on Takeovers and Mergers. On May 13, 2025, Morgan Stanley & Co., International plc disclosed the sale of 372,545 ordinary shares for $2,585,071.35. The transaction involved hedging of Delta 1 products due to unsolicited client-driven orders. Morgan Stanley & Co., International plc is a Class (5) associate connected with the Offeror and is ultimately owned by Morgan Stanley.
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