Bright Smart Securities Completes Acquisition by Ant Wealth Holdings

Bright Smart Securities announced the completion of its acquisition by Ant Wealth Holdings. According to Odaily, the company stated that the acquisition will accelerate its digital transformation and upgrade. Bright Smart Securities emphasized its commitment to maintaining stable operations and adhering to regulatory requirements in both mainland China and Hong Kong. The company also addressed market rumors, clarifying that it primarily serves local Hong Kong clients and has no plans to expand brokerage services to mainland clients or enter the tokenized assets and Web3 sectors.