BRIGHT SMART Soars 12% Following Increased Ant Group Acquisition Offer to $164M
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Nov 26 2025
0mins
Source: aastocks
Stock Performance: Bright Smart (01428.HK) opened 12% higher at $8.4, surged to a high of $8.4, and last traded at $8.14, reflecting an 8.53% increase with a trading volume of 10.1135 million shares.
Short Selling Activity: The stock experienced short selling amounting to $9.56 million, with a short selling ratio of 12.585%.
Acquisition Update: Bright Smart, previously acquired by Ant Group, has amended its agreement to extend the Long Stop Date to March 25, 2026, and increased the Further Deposit from $141 million to $164 million.
Market Information: The stock quote is delayed by at least 15 minutes, and the short selling data is as of November 25, 2025.
Analyst Views on 01428
Wall Street analysts forecast 01428 stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for 01428 is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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Current: 9.180
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Current: 9.180
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
