Bright Smart Securities and Commodities Group Ltd. has disclosed internal dealings under the Hong Kong Code on Takeovers and Mergers. On May 16, 2025, Morgan Stanley Capital Services LLC, a Class (5) associate connected with the Offeror, engaged in unsolicited client dealings involving derivatives with maturities in 2027 and 2028. The transactions involved facilitation of both purchases and sales, with the number of reference securities totaling 102,000 for one of the transactions. These dealings were conducted for Morgan Stanley's own account.
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