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Bright Smart Shares Jump After Ant Acquisition
Hong Kong stocks move | BRIGHT SMART (01428) resumes trading with a high opening of over 60%, planning to receive a premium of about 17.6% from Ant Group's full acquisition offer.
BRIGHT SMART (01428) resumed trading, opening over 60% higher. As of the time of this report, it has risen by 60.66%, priced at 4.9 Hong Kong dollars, with a trading volume of 50.078 million Hong Kong dollars.
Hong Kong Stock Morning Report | JD.com announced it will recruit 100,000 riders in the next three months, and Ant Fortune is offering to acquire Hong Kong's Yao Cai Securities.
① JD.com stated that it will recruit 100,000 riders over the next three months. ② Ant Wealth initiated a tender offer for Hong Kong’s Yaocai Securities. ③ The Chief Secretary for Administration of Hong Kong expressed that Global capital reallocation brings opportunities to the region. ④ Regulators stated that CKH HOLDINGS port Trade must not evade antitrust review.
BRIGHT SMART (01428.HK) received a premium acquisition offer from Ant Group of approximately 17.6% and will resume trading on the 28th.
On April 25, Gelonghui reported that BRIGHT SMART (01428.HK) announced that on April 25, 2025, they entered into a share purchase agreement for the sale of shares, whereby the seller, New Changming Holdings Limited, conditionally agreed to sell, and the offeror, Wealthiness and Prosperity Holding Limited, conditionally agreed to acquire the shares being sold (i.e., 0.858 billion shares, accounting for approximately 50.55% of the total number of shares issued as of the date of the share purchase agreement and the seller's entire stake in the company), with a total cash consideration of 2.814 billion Hong Kong dollars (i.e., 3.28 Hong Kong dollars per share being sold).
BRIGHT SMART (01428) will change its controlling stake, proposing to receive a premium of approximately 17.6% from Ant Group through a full acquisition offer, and will resume trading on April 28.
BRIGHT SMART (01428) and the offeror WEALTHINESS AND PROSPERI...
Express News | Bright Smart Securities & Commodities - Share Purchase Agreement Between Offeror and Seller for 50.55% of Total Issued Shares of Co