

Ant Group Hong Kong Brokerage Acquisition Gains Approval
Ant Group Hong Kong brokerage acquisition has secured mainland regulatory approval, allowing the fintech firm to proceed with its purchase of a 50.55% stake in Bright Smart Securities & Commodities Group for HKD2.81bn(USD360m). The deal marks Ant’s expansion into Hong Kong’s brokerage sector. Bright Smart, founded in 1995 and listed in 2010, built its business on low-cost online trading. The Ant Group Hong Kong brokerage acquisition is expected to complete on March 30 after c
6 days ago

