Morgan Stanley affiliate deals in Bright Smart Securities derivatives

The Securities and Futures Commission (SFC) has disclosed dealings in shares of Bright Smart Securities & Commodities Group Limited as part of a possible mandatory general offer. On October 15, 2025, Morgan Stanley & Co., International plc, a Class (5) associate connected with the Offeror and ultimately owned by Morgan Stanley, executed a purchase of derivatives.

The transaction involved 92,000 reference securities, with a maturity/closing out date of May 29, 2026. The dealings were made for its own account, classified as unsolicited client facilitation.

The total amount paid for these derivatives was $978,760.0320, at a reference price of $10.6387. The disclosure, made under Rule 22 of the Hong Kong Code on Takeovers and Mergers, shows a resultant balance of 0.