Morgan Stanley Unit Sells 0.77 Million Bright Smart (01428) Shares Ahead of Possible Mandatory Offer

Bulletin Express

Yesterday

18 March 2026 – The Executive, acting under Rule 22 of the Hong Kong Code on Takeovers and Mergers, disclosed that Morgan Stanley & Co. International plc, a Class (5) associate connected with the potential offeror, disposed of Bright Smart Securities & Commodities Group Limited (01428) shares on 17 March 2026.

Morgan Stanley & Co. International plc sold 768,000 ordinary Bright Smart shares through hedging activities related to Delta 1 products arising from wholly unsolicited client-driven orders. The transactions generated total proceeds of HK$11.77 million, reflecting a weighted-average price of approximately HK$15.33 per share, with individual trade prices ranging from a high of HK$16.85 to a low of HK$14.17.

The dealings were executed entirely for Morgan Stanley & Co. International plc’s own account. The disclosure forms part of the ongoing monitoring process linked to a possible mandatory general offer for Bright Smart. Morgan Stanley & Co. International plc is ultimately owned by Morgan Stanley.

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.

Most Discussed

1
2
3
4
5
6
7
8
9
10

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/1138394422"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"1138394422\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/1138394422?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-03-18 17:02","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1138394422","market":"us","top_or_hot":-1,"title":"Morgan Stanley Unit Sells 0.77 Million Bright Smart (01428) Shares Ahead of Possible Mandatory Offer","media":"Bulletin Express","content":"<p>18 March 2026 – The Executive, acting under Rule 22 of the Hong Kong Code on Takeovers and Mergers, disclosed that Morgan Stanley & Co. International plc, a Class (5) associate connected with the potential offeror, disposed of Bright Smart Securities & Commodities Group Limited (01428) shares on 17 March 2026.</p>\n<p>Morgan Stanley & Co. International plc sold 768,000 ordinary Bright Smart shares through hedging activities related to Delta 1 products arising from wholly unsolicited client-driven orders. The transactions generated total proceeds of HK$11.77 million, reflecting a weighted-average price of approximately HK$15.33 per share, with individual trade prices ranging from a high of HK$16.85 to a low of HK$14.17.</p>\n<p>The dealings were executed entirely for Morgan Stanley & Co. International plc’s own account. The disclosure forms part of the ongoing monitoring process linked to a possible mandatory general offer for Bright Smart. Morgan Stanley & Co. International plc is ultimately owned by Morgan Stanley.</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>Morgan Stanley Unit Sells 0.77 Million Bright Smart (01428) Shares Ahead of Possible Mandatory Offer</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\">\nMorgan Stanley Unit Sells 0.77 Million Bright Smart (01428) Shares Ahead of Possible Mandatory Offer\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\">2026-03-18 17:02</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>18 March 2026 – The Executive, acting under Rule 22 of the Hong Kong Code on Takeovers and Mergers, disclosed that Morgan Stanley & Co. International plc, a Class (5) associate connected with the potential offeror, disposed of Bright Smart Securities & Commodities Group Limited (01428) shares on 17 March 2026.</p>\n<p>Morgan Stanley & Co. International plc sold 768,000 ordinary Bright Smart shares through hedging activities related to Delta 1 products arising from wholly unsolicited client-driven orders. The transactions generated total proceeds of HK$11.77 million, reflecting a weighted-average price of approximately HK$15.33 per share, with individual trade prices ranging from a high of HK$16.85 to a low of HK$14.17.</p>\n<p>The dealings were executed entirely for Morgan Stanley & Co. International plc’s own account. The disclosure forms part of the ongoing monitoring process linked to a possible mandatory general offer for Bright Smart. Morgan Stanley & Co. International plc is ultimately owned by Morgan Stanley.</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":"1138394422","we_media_id":"1053168898","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1138394422","pubTimestamp":1773824568,"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":"18 March 2026 – The Executive, acting under Rule 22 of the Hong Kong Code on Takeovers and Mergers, disclosed that Morgan Stanley & Co. International plc, a Class (5) associate connected with the...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"01428":"耀才证券金融"},"translate_title":"摩根士丹利子公司在可能的强制要约之前出售77万股Bright Smart(01428)股票","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"01428":1},"content_text":"18 March 2026 – The Executive, acting under Rule 22 of the Hong Kong Code on Takeovers and Mergers, disclosed that Morgan Stanley & Co. International plc, a Class (5) associate connected with the potential offeror, disposed of Bright Smart Securities & Commodities Group Limited (01428) shares on 17 March 2026.\nMorgan Stanley & Co. International plc sold 768,000 ordinary Bright Smart shares through hedging activities related to Delta 1 products arising from wholly unsolicited client-driven orders. The transactions generated total proceeds of HK$11.77 million, reflecting a weighted-average price of approximately HK$15.33 per share, with individual trade prices ranging from a high of HK$16.85 to a low of HK$14.17.\nThe dealings were executed entirely for Morgan Stanley & Co. International plc’s own account. The disclosure forms part of the ongoing monitoring process linked to a possible mandatory general offer for Bright Smart. Morgan Stanley & Co. International plc is ultimately owned by Morgan Stanley.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"shareholding,SGX","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}