Bright Smart Securities, a Hong Kong-listed company specializing in stablecoins, announced that the Ant Group takeover offer has been extended by four months.

Hong Kong-listed stablecoin concept stock Bright Smart Securities Financial Holdings Co., Ltd. issued an announcement disclosing that Bright Smart Securities and Ant Group have signed an amended agreement to extend the acquisition offer period by four months, with the final deadline updated to March 25, 2026. The announcement also cautioned that the fulfillment of transaction conditions and the final outcome remain uncertain. According to regulatory requirements in both Hong Kong and mainland China, Ant Group's acquisition of Bright Smart Securities requires approval from the Hong Kong Securities and Futures Commission (SFC) and the National Development and Reform Commission (NDRC) of China. The Hong Kong SFC approved the acquisition on September 23, while the NDRC filing indicates it is progressing as planned. (Jinshi)