Core Viewpoint - Yao Cai Securities Financial experienced a significant drop in stock price due to concerns over regulatory scrutiny regarding its acquisition by Ant Group, although the company clarified that the acquisition process is proceeding as planned [1] Group 1: Stock Performance - Yao Cai Securities Financial's stock fell over 26% in early trading but later narrowed its losses to a 7.91% decline, trading at HKD 12.8 with a transaction volume of HKD 20.14 billion [1] Group 2: Acquisition Details - Ant Group plans to acquire 50.55% of Yao Cai Securities through its wholly-owned subsidiary, Shanghai Yunjin Information Technology Co., Ltd [1] - The acquisition timeline may face delays due to tightened regulatory scrutiny from Chinese authorities, but Yao Cai Securities confirmed that the relevant processes are on track [1] Group 3: Future Prospects - According to Guotai Junan Securities, Ant Group's investments in Web 3.0 technology and licensing could enhance Yao Cai's virtual asset business potential [1]
港股异动 | 耀才证券金融(01428)跌幅收窄至7% 公告称与有关部门就收购事项的相关流程正按计划推进中