Hong Kong's Securities and Futures Commission approves Ant Group's acquisition of stablecoin-focused Bright Smart Securities
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最新报道：According to Caixin, the Hong Kong Securities and Futures Commission (SFC) has approved Ant Group's acquisition of Hong Kong-based brokerage firm and stablecoin-focused stock Bright Smart Securities. However, the acquisition still requires approval from the National Development and Reform Commission (NDRC). Bright Smart Securities' stock surged 30% intraday today. Ant Group announced a tender offer for a 50.55% stake in Bright Smart Securities in April, sparking market rumors that Ant was acquiring the company to apply for a virtual asset trading platform license. Bright Smart Securities is a long-established Hong Kong-based brokerage firm, holding Hong Kong licenses 1, 2, 3, 4, 5, 7, and 9, covering Hong Kong and US stocks, the Shanghai-Hong Kong Stock Connect, financing, and futures trading. During the Hong Kong stablecoin craze of July and August, Bright Smart Securities was also a popular stablecoin-focused stock.
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