Group 1 - The core viewpoint of the article highlights that Yao Cai Securities (01428) has seen a decline of over 5%, dropping nearly 40% from its July peak of 17.68 HKD, currently trading at 11.16 HKD with a transaction volume of 244 million HKD [1] - Yao Cai Securities issued a clarification announcement regarding recent media reports suggesting delays in acquisition timelines due to tightened regulatory scrutiny, stating that the acquisition process is proceeding as planned [1] - In April, Ant Group announced plans to acquire 50.55% of Yao Cai Securities, with Guojin Securities noting that Ant's investments in web3.0 technology and licenses could enhance Yao Cai's virtual asset business potential [1] Group 2 - Yao Cai Securities plans to upgrade its existing licenses to facilitate virtual asset trading, including stablecoins, and to provide advice on virtual assets, as well as manage investment portfolios with over 10% in virtual assets [1] - There is a possibility that Yao Cai may apply for a Virtual Asset Trading Platform (VATP) license from the SFC [1]

Group 1 - The core point of the article highlights a decline in the stock price of Yao Cai Securities Finance, which dropped by 5.05% to 11.1 HKD per share, with a trading volume of 240 million HKD [1] - Yao Cai Securities Finance Group Limited offers comprehensive and professional brokerage services, including various stocks, futures, IPO subscriptions, and stock financing, gaining customer favor due to its stable online trading platform, low commissions, high financing ratios, and low financing interest [1] - The company currently employs nearly 300 staff members, operates 14 business locations, and manages customer assets close to 60 billion HKD, with a total of approximately 410,000 customer accounts [1] Group 2 - As of the 2024 annual report, Yao Cai Securities Finance reported total operating revenue of 1.255 billion HKD and a net profit of 570 million HKD [2]

Group 1 - Yao Cai Securities (01428) has seen a decline of over 5%, dropping nearly 40% from its July peak of HKD 17.68, currently trading at HKD 11.16 with a transaction volume of HKD 244 million [1] - The company issued a clarification announcement regarding recent media reports suggesting delays in acquisition timelines due to tightened regulatory scrutiny, stating that the acquisition process is proceeding as planned [1] - Ant Group plans to acquire 50.55% of Yao Cai Securities, which could enhance Yao Cai's virtual asset business potential through Ant's Web 3.0 technology and licensing [1] Group 2 - Yao Cai Securities has the potential to upgrade its existing licenses to facilitate virtual asset trading, including stablecoins, and to provide advice on virtual assets [1] - The company may also apply for a Virtual Asset Trading Platform (VATP) license from the Securities and Futures Commission (SFC) [1]

Group 1 - Yao Cai Securities has seen a decline of over 5%, dropping nearly 40% from its July peak of 17.68 HKD, currently trading at 11.16 HKD with a transaction volume of 244 million HKD [1] - The company issued a clarification announcement regarding recent media reports that suggested a delay in the acquisition timeline due to tightened regulatory scrutiny [1] - Yao Cai Securities confirmed that the acquisition process is proceeding as planned and will provide further updates on the completion conditions and the latest status of the offer [1] Group 2 - In April, Ant Group announced plans to acquire 50.55% of Yao Cai Securities [1] - Guotai Junan Securities indicated that Ant Group's involvement in web3.0 technology and licensing could enhance Yao Cai's virtual asset business potential [1] - Yao Cai Securities has the opportunity to upgrade its existing licenses to facilitate virtual asset trading, provide advice on virtual assets, and manage investment portfolios with over 10% in virtual assets, including the possibility of applying for a VATP license from the SFC [1]

2025 年 8 月 19 日 可能強制全面要約 就耀才證券金融集團有限公司的股份的交易披露 Morgan Stanley & Co., International plc 是最終由摩根士丹利擁有的公司。 交易披露 完 註： Morgan Stanley & Co., International plc 是與要約人有關連的第(5)類別聯繫人。 交易是為本身帳戶進行的。 執行人員接獲依據香港《公司收購及合併守則》規則 22 作出以下的證券交易的披露： | 交易方 | 日期 | | | | 有關證券的 | 交易性質 | 買入／賣出 | 涉及的股份 | 已支付／已收取的 | 已支付或已收 | 已支付或已收 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | | | | | 說明 | | | 總數 | 總金額 | 取的最高價 | 取的最低價 | | | | | | | | | | | | （H） | （L） | | Morgan | 2025 | 年 8 | 月 18 | 日 | 普通股 | 因全屬客戶主動發出 ...

| 衍生工具 | 其他類別產品 | 客戶主動利便客戶 | ─ | 18,000 | 2025 年 10 | 月 | 31 日 | $12.0700 | $217,260.0000 | 0 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | | 賣出 | | | | | | | | | | 衍生工具 | 其他類別產品 | 客戶主動利便客戶 | ─ | 92,000 | 2026 年 5 | 月 29 | 日 | $12.0965 | $1,112,880.0240 | 0 | | | | 買入 | | | | | | | | | | 衍生工具 | 其他類別產品 | 客戶主動利便客戶 | ─ | 92,000 | 2026 年 5 | 月 29 | 日 | $12.0965 | $1,112,880.0240 | 0 | | | | 賣出 | | | | | | | | | 2025 年 8 月 19 日 可能強制全面要約 就耀才證券金融集團有限公司的股份的交易披露 執行人員接獲依據香港《公司收購及合併守則》規則 22 ...

交易披露 完 註： 2025 年 8 月 19 日 可能強制全面要約 就耀才證券金融集團有限公司的股份的交易披露 執行人員接獲依據香港《公司收購及合併守則》規則 22 作出以下的證券交易的披露： | 交易方 | 日期 | 有關證券的 | 產品說明 | 交易性質 | | 與衍生工具 | 到期日或清結日 | 參考價 | 已支付／已收取 | 交易後數額（包括 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | | 說明 | | | | 有關的參照 | | | 的總金額 | 與其訂有協議或 | | | | | | | 證券數目 | | | | | 達成諒解的任何 | | | | | | | | | | | | 人士的證券） | | Morgan | 2025 年 8 月 18 日 | 衍生工具 | 其他類別產品 | 客戶主動利便客戶 | ─ | 8,000 | 2027 年 1 月 21 日 | $12.4570 | $99,656.0000 | 0 | | Stanley & | | | | 賣出 | | | | | | ...

完 就耀才證券金融集團有限公司的股份的交易披露 執行人員接獲依據香港《公司收購及合併守則》規則 22 作出以下的證券交易的披露： | 交易方 | 日期 | 有關證券的 | 產品說明 | 交易性質 | | 與衍生工具 | 到期日或清結日 | 參考價 | 已支付／已收取 | 交易後數額（包括 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | | 說明 | | | | 有關的參照 | | | 的總金額 | 與其訂有協議或 | | | | | | | | 證券數目 | | | | 達成諒解的任何 | | | | | | | | | | | | 人士的證券） | | Morgan | 2025 年 8 月 15 日 | 衍生工具 | 其他類別產品 | 客戶主動利便客戶 | ─ | 6,000 | 2026 年 1 月 30 日 | $12.1833 | $73,100.0000 | 0 | | Stanley | | | | 買入 | | | | | | | | Capital | | 衍生工具 | 其他類別產品 | 客戶 ...

2025 年 8 月 18 日 可能強制全面要約 就耀才證券金融集團有限公司的股份的交易披露 執行人員接獲依據香港《公司收購及合併守則》規則 22 作出以下的證券交易的披露： | 交易方 | 日期 | | | | 有關證券的 | 交易性質 | | 買入／賣出 | 涉及的股份 | 已支付／已收取的總 | 已支付或已收 | 已支付或已收 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | | | | | 說明 | | | | 總數 | 金額 | 取的最高價 | 取的最低價 | | | | | | | | | | | | | （H） | （L） | | Morgan | 2025 | 年 8 | 月 | 15 日 | 普通股 | 因全屬客戶主動發出且由客戶需求帶動的買賣 | 買入 | | 178,000 | $2,147,168.0000 | $12.9300 | $10.9990 | | Stanley & Co., | | | | | | 盤所產生的 Delta 1 產品的對沖活動 | | | ...

2025 年 8 月 18 日 可能強制全面要約 就耀才證券金融集團有限公司的股份的交易披露 執行人員接獲依據香港《公司收購及合併守則》規則 22 作出以下的證券交易的披露： | 衍生工具 | 其他類別產品 | 客戶主動利便客戶 | ─ | 10,000 | 2027 | 年 3 | 月 | 22 日 | | $11.8816 | $118,815.8100 | 0 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | | 買入 | | | | | | | | | | | | 衍生工具 | 其他類別產品 | 客戶主動利便客戶 | ─ | 14,000 | 2027 | 年 2 | 月 | 10 日 | | $11.7123 | $163,971.9999 | 0 | | | | 買入 | | | | | | | | | | | | 衍生工具 | 其他類別產品 | 客戶主動利便客戶 | ─ | 24,000 | 2025 | 年 10 | 月 | 31 | 日 | $12.5634 | $301 ...