Yao Cai Securities: Ant Holdings Acquisition Completed; Focus on Hong Kong Clients; No Plans to Enter the Tokenized Assets Market at This Time
Svmuu announced that Bright Smart Securities & Futures has confirmed the completion of the acquisition by Ant Wealth Holdings. Bright Smart stated that this acquisition will accelerate its digital transformation and upgrade. Going forward, the company will ensure stable operations and strictly comply with regulatory requirements in both Mainland China and Hong Kong. In response to market rumors, Bright Smart clarified: "The company primarily serves local Hong Kong clients and has no plans to expand brokerage services to clients with Mainland identities. Additionally, Bright Smart has no plans to venture into Web3 areas such as tokenized assets." (Jinshi)
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