Ant Group is close to completing its purchase of Hong Kong-listed Bright Smart Securities & Commodities Group Ltd., a deal that was agreed almost a year ago. The acquisition expands Ant's brokerage footprint in Hong Kong and could strengthen its securities and wealth-management capabilities, though no price or definitive closing timeline was disclosed.
Ant Group is close to completing its purchase of Hong Kong-listed Bright Smart Securities & Commodities Group Ltd., a deal that was agreed almost a year ago. The acquisition expands Ant's brokerage footprint in Hong Kong and could strengthen its securities and wealth-management capabilities, though no price or definitive closing timeline was disclosed.
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