Morgan Stanley discloses dealings in Bright Smart Securities derivatives

On October 14, 2025, Morgan Stanley & Co., International plc disclosed several dealings in derivatives related to Bright Smart Securities & Commodities Group Limited. These transactions, made as an unsolicited client facilitation, occurred on October 13, 2025. One sale involved 2,000 reference securities at $8.6800, totaling $17,360.00, with a maturity date of January 11, 2028.

Two purchase transactions were also reported. One involved 5,862 reference securities at $8.8888, amounting to $52,106.28, with a maturity date of June 28, 2030. Another purchase saw 6,000 reference securities at $10.3667, totaling $62,200.00, with a maturity date of January 11, 2028. An additional purchase of 62,000 reference securities was made at $9.6116, totaling $595,920.00, maturing on June 28, 2030.

Morgan Stanley & Co., International plc is identified as a Class (5) associate connected with the Offeror, with all dealings made for its own account and ultimately owned by Morgan Stanley. These disclosures were made pursuant to Rule 22 of the Hong Kong Code on Takeovers and Mergers, in relation to a possible mandatory general offer for Bright Smart Securities & Commodities Group Limited.