Core Insights - Ant Group's acquisition of Yao Cai Securities has reached a significant new development with the extension of the offer period by four months until March 25, 2026 [1] - Following the announcement, Yao Cai Securities' stock price opened 12% higher on November 26, with a maximum intraday increase of over 9%, closing at HKD 8.23 per share, reflecting a 9.73% rise [1] - The acquisition involves Ant Group purchasing 50.55% of Yao Cai Securities, equating to approximately 858 million shares at a price of HKD 3.28 per share, totaling HKD 28.14 billion [1] Regulatory Approval - In October, Ant Group received approval from the Hong Kong Securities and Futures Commission (SFC) for the acquisition, allowing it to become the major shareholder of several Yao Cai subsidiaries [2] Company Performance - Yao Cai Securities has shown stable performance, reporting a total revenue of HKD 972 million for the fiscal year ending March 31, 2025, a 7.0% increase year-on-year, and a net profit attributable to shareholders of HKD 618 million, up 10.5% [4] - The earnings per share increased to HKD 0.3639, compared to HKD 0.3293 in the previous year, marking a growth of 10.5% [4] Strategic Investments - Ant Group has been increasing its strategic investments in Hong Kong, positioning the region as a key part of its global strategy, including a joint venture with Alibaba Group to acquire a commercial office building in Causeway Bay for its Hong Kong headquarters [4]
蚂蚁集团收购耀才证券迎最新进展，收购要约时间延长4个月