Morgan Stanley affiliate sells Bright Smart shares for $2.75m

On December 12, 2025, a public disclosure form revealed that Morgan Stanley & Co., International plc, sold shares in Bright Smart Securities & Commodities Group Limited. The dealings, made for its own account, occurred on December 11, 2025.

The transaction involved the sale of 370,000 ordinary shares, totaling $2,750,740. The highest price paid/received per share was $7.57, while the lowest price paid/received was $7.37.

The sales were described as hedging of Delta 1 products created as a result of wholly unsolicited client-driven orders. Morgan Stanley & Co., International plc is ultimately owned by Morgan Stanley.