Core Viewpoint - The acquisition of Yao Cai Securities Financial by a company under Ant Group has led to significant volatility in its stock price, reflecting market speculation and the need for final regulatory approvals from mainland China [2][3][4]. Group 1: Acquisition Details - Ant Group's subsidiary, Wealthiness and Prosperity Holding Limited, has made a tender offer to acquire 50.55% of Yao Cai Securities at a price of HKD 3.28 per share, totaling HKD 28.14 billion, with a 10% deposit already paid [5][6]. - The acquisition has received approval from the Hong Kong Securities and Futures Commission, marking a critical step in the process [5][6]. - If completed, Yao Cai Securities will become part of Ant Group, providing it with various financial licenses in Hong Kong, which will facilitate its entry into multiple financial services [6]. Group 2: Stock Price Volatility - Following the announcement of the acquisition, Yao Cai Securities' stock surged by over 34% on October 13, but subsequently fell by more than 15% the next day, illustrating a "roller coaster" effect in its stock performance [4][8]. - The stock price had previously risen from HKD 3.05 in April to a peak of HKD 17.68 in July, driven by market expectations of the acquisition [2][8]. - The current stock price remains above HKD 10, indicating that investors are engaged in a battle between realizing gains and the potential for further upside [2][8]. Group 3: Regulatory Considerations - Despite the approval from Hong Kong regulators, the acquisition still requires final clearance from mainland Chinese authorities, introducing uncertainty into the transaction [3][9]. - The acquisition is subject to two key conditions, one of which has been met, while the second, requiring approval from the National Development and Reform Commission, is still pending [9]. - There is a time constraint for the completion of the acquisition, which must occur within six months of the Hong Kong approval, or an extension must be sought [9].

Core Viewpoint - The significant stock price surge of Yao Cai Securities Financial (01428.HK) is primarily driven by the approval of Ant Group's acquisition, which is expected to enhance the company's market position and accelerate its digital transformation [5][7][8]. Group 1: Stock Performance - As of the latest report, Yao Cai Securities Financial's stock price increased by 36.12%, reaching HKD 11.87 per share, placing it among the top gainers in the Hong Kong stock market [2]. - The trading volume surged to 147 million shares, with a total transaction value of HKD 1.567 billion, resulting in a turnover rate of 8.67% [4]. Group 2: Acquisition Details - Ant Group's acquisition offer for Yao Cai Securities was approved by the Hong Kong Securities and Futures Commission, with the approval valid for six months, requiring completion of the acquisition process within this timeframe or obtaining written consent for an extension [7]. - The acquisition aims to solidify Yao Cai Securities' position as a leading retail brokerage in Hong Kong and leverage Ant Group's technological capabilities to enhance customer experience and drive business growth [8]. Group 3: Future Prospects - Yao Cai Securities has indicated that the acquisition is contingent upon the fulfillment of various regulatory approvals, suggesting that the deal may or may not proceed [8].

Core Viewpoint - LianLian Digital (02598) announced that its wholly-owned subsidiary, LianLian Planet Limited, has obtained a Type 3 license from the Hong Kong Securities and Futures Commission, allowing it to conduct regulated activities related to leveraged foreign exchange trading in Hong Kong [1] Group 1 - The Type 3 license enables LianLian Planet to engage in regulated leveraged foreign exchange trading activities [1]

Group 1 - The core point of the article is that Lianlian Digital (02598) has announced that its wholly-owned subsidiary, Lianlian Planet Limited, has obtained a Type 3 license from the Hong Kong Securities and Futures Commission [1] Group 2 - The Type 3 license authorizes Lianlian Planet to conduct regulated activities related to leveraged foreign exchange trading in Hong Kong under the Securities and Futures Ordinance [1]

Core Viewpoint - LianLian Digital (02598.HK) has announced that its wholly-owned subsidiary, LianLian Planet Limited, has obtained a Type 3 license from the Hong Kong Securities and Futures Commission, allowing it to conduct regulated activities related to leveraged foreign exchange trading in Hong Kong [1] Group 1 - The Type 3 license enables LianLian Planet to engage in regulated activities under the Securities and Futures Ordinance [1] - This development signifies a strategic expansion for the company into the leveraged foreign exchange trading market in Hong Kong [1]

獲得於香港營運槓桿式外匯交易之第三類牌照 香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確性 或完整性亦不發表任何聲明，並明確表示概不就因本公告全部或任何部分內容而產生或因依賴 該等內容而引致的任何損失承擔任何責任。 Lianlian DigiTech Co., Ltd. 連連數字科技股份有限公司 （於中華人民共和國註冊成立的股份有限公司） （股份代號：2598） 自願公告 香港，2025年8月21日 於本公告日期，本公司董事會包括執行董事章徵宇先生、辛潔先生、魏萍女士及 朱曉松先生，及獨立非執行董事Chun Chang先生、黃志堅先生及林蘭芬女士。 本公告乃由連連數字科技股份有限公司（「本公司」，連同其附屬公司，統稱「本集 團」）自願作出，旨在向本公司股東及潛在投資者提供有關本集團最新業務發展的 最新資料。 本公司董事會（「董事會」）欣然宣佈，本公司的全資附屬公司連連星球有限公司 （「連連星球」）已獲得香港證券及期貨事務監察委員會頒發的第三類牌照（「第三類 牌照」）。第三類牌照授權連連星球在香港根據證券及期貨條例進行第三類（槓桿 式外匯交易）受規管活動。 承董事會命 連連數字 ...