BRIGHT SMART Soars 30% After Noon Following SFC's Approval of Ant's Acquisition
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Oct 13 2025
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Source: aastocks
Stock Performance: BRIGHT SMART (01428.HK) saw a significant increase in its stock price, rising by 23.51% to HKD10.77 after hitting a peak of HKD11.48, with a trading volume of 97.7564 million shares.
Acquisition Approval: The Hong Kong Securities and Futures Commission has approved Ant Group's acquisition of BRIGHT SMART, pending further approval from China's National Development and Reform Commission.
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.
