Odaily Planet Daily reports that regarding Hong Kong-listed brokerage firm Bright Smart Securities Chairman Ye Maolin's plan to sell his entire 50.55% stake to Ant Holdings, the company's CEO, Xu Yibin, stated that the transaction is proceeding as planned and will disclose progress monthly as required. While there are various market rumors, he emphasized that all information is subject to the official announcement. Furthermore, regarding market rumors that Ant's acquisition of Bright Smart is intended to apply for a virtual asset trading platform license, Xu Yibin added that the company and Ant are currently only in a relationship of offeree and offeror, but that they are closely monitoring market developments and will conduct further research to examine whether to upgrade the existing license to a virtual asset license. (East Net)