Morgan Stanley discloses derivatives dealings in Bright Smart Securities

Morgan Stanley Capital Services LLC, an associate connected with the offeror, disclosed its dealings in Bright Smart Securities & Commodities Group Limited shares on November 21, 2025. The transactions involved unsolicited client facilitation for both sales and purchases of derivatives, made for its own account.

The disclosure detailed two sale transactions, each for 28,000 reference securities at a price of $6.9414. Additionally, there were two purchase transactions, each for 28,000 reference securities, also at $6.9414. These specific derivatives mature on June 28, 2030.

Further dealings included a sale of 52,000 reference securities at $6.9435 and a purchase of 52,000 reference securities at the same price. These derivatives have a maturity date of June 20, 2030. Morgan Stanley Capital Services LLC is ultimately owned by Morgan Stanley.