Morgan Stanley Class-5 Associate Discloses Sale of 4,000 Bright Smart Shares at HK$12.38 Each

Bulletin Express

Apr 15

Bright Smart Securities & Commodities Group Limited reported to the Hong Kong Takeovers Executive that Morgan Stanley & Co. International plc, classified as a Class (5) associate of the potential offeror, disposed of 4,000 ordinary shares on 14 April 2026.

The transaction was executed for Morgan Stanley & Co. International plc’s own account as a hedge against Delta-1 products created from wholly unsolicited, client-driven orders. All shares were sold at HK$12.38 apiece, resulting in total proceeds of HK$49,520.00 (approximately HK$0.05 million).

The disclosure forms part of the ongoing monitoring requirements under Rule 22 of the Hong Kong Code on Takeovers and Mergers in connection with a possible mandatory general offer for Bright Smart. Morgan Stanley & Co. International plc is ultimately owned by Morgan Stanley.

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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":"1166648558","we_media_id":"1053168898","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1166648558","pubTimestamp":1776242476,"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":"Bright Smart Securities & Commodities Group Limited reported to the Hong Kong Takeovers Executive that Morgan Stanley & Co. 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