Bright Smart Securities and Commodities Group Ltd. has disclosed internal dealings under Rule 22 of the Hong Kong Code on Takeovers and Mergers. On May 22, 2025, Morgan Stanley & Co., International plc, a Class (5) associate connected with the Offeror, engaged in the purchase and sale of ordinary shares. The dealings involved 18,000 shares purchased for $114,608 and 50,004 shares sold for $321,053. These transactions were made for Morgan Stanley's own account as part of hedging Delta 1 products resulting from wholly unsolicited client-driven orders.
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