[1428] Yao Cai Securities Surges Over 30% on Heavy Trading Volume, Market Focuses on Ant Group Acquisition Progress

SocialAnxietyStaker · 2026-03-13T03:32:30+00:00

BayWa Securities (01428) has recently seen its stock price surge significantly by more than 34%, reaching a high of 9.28 yuan, with trading volume breaking through 1.3 billion yuan. The company has extended the deadline for the proposed acquisition by Ant Group until March 25, 2026, and has received approval from the Hong Kong Securities and Futures Commission. The market is focusing on the progress of China's National Development and Reform Commission, with Ant Group having paid approximately 164 million yuan in earnest money.

SocialAnxietyStaker

2026-03-13 03:32:30

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Yau Tai Securities Finance (01428)
On Friday (13th), amid high trading volume, Yau Tai’s stock price surged over 34%, reaching a high of HKD 9.28, with trading volume increasing to over HKD 1.3 billion.

Yau Tai Securities previously announced that it had signed a revised agreement with Ant Group, extending the final deadline for the mandatory tender offer to March 25, 2026.

The Hong Kong Securities and Futures Commission has completed the relevant approval procedures earlier. Currently, the market is closely monitoring the approval progress of China’s National Development and Reform Commission. According to reports, the related work is proceeding smoothly as planned. As of now, Ant Group has paid approximately HKD 164 million as a deposit.

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