Core Viewpoint - Yao Cai Securities Financial (01428) experienced a significant stock price increase of over 30%, currently trading at HKD 11.28 with a transaction volume of HKD 767 million, following the announcement of regulatory approvals related to a major acquisition [1] Group 1: Regulatory Approvals - On October 10, Yao Cai Securities Financial announced that the Hong Kong Securities and Futures Commission approved the offerors and related parties to become major shareholders of the regulated group companies [1] - The approval is valid for six months from the date of approval or a longer period with written consent from the commission [1] Group 2: Acquisition Progress - The offerors have submitted application materials to the National Development and Reform Commission of China and are actively communicating with them regarding the acquisition process [1] - The acquisition involves Ant Group's wholly-owned subsidiary, Shanghai Yun Jin, planning to acquire 50.55% of the company's shares at a price of HKD 3.28 per share, totaling approximately HKD 28.14 billion [1]
耀才证券金融拉升超30% 香港证监会批准蚂蚁收购香港耀才