Bright Smart Securities & Commodities Group Limited (Bright Smart, 01428) announced on 6 March 2026 that the Executive received a disclosure of dealings under the Hong Kong Code on Takeovers and Mergers. On 5 March 2026, Morgan Stanley & Co. International plc, acting as a Class (5) associate connected with the Offeror, executed hedging transactions arising from wholly unsolicited client-driven orders.
These transactions comprised a purchase of 102,000 Bright Smart ordinary shares for a total of US$0.76 million, with the highest price at US$7.59 and the lowest at US$7.39, alongside a sale of 214,000 shares for US$1.60 million, with the highest price at US$7.58 and the lowest at US$7.35. According to the announcement, Morgan Stanley & Co. International plc undertook these dealings for its own account and is ultimately owned by Morgan Stanley.