Ant Group's tender offer to acquire Bright Smart Securities has been approved

K-LinePoet · 2026-03-22T12:46:36+00:00

Reporters learned that Yao Cai Securities Finance announced this evening that the voluntary tender offer initiated by Ant Group has passed approval from relevant Chinese authorities, with completion of delivery expected on March 30. This means that the most critical phase of this acquisition has now been completed. The announcement also noted that the company's stock will resume trading from March 17 following a brief suspension on the 16th. (Cailian Press)

K-LinePoet

2026-03-22 12:46:36

According to reports, YoCai Securities Finance announced tonight that the tender offer initiated by Ant Group has been approved by relevant Chinese authorities and is expected to be completed by March 30. This means the most critical part of the acquisition has now been completed. The announcement also mentioned that the company’s stock, after a brief suspension on the 16th, will resume trading when the market opens on the 17th. (Cailian Press)

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.