Acquisition of Ant Group by Hong Kong brokers progresses amid rumors

According to BlockBeats, the chairman of the brokerage company listed on the Hong Kong Stock Exchange, Ye Maolin, plans to sell his entire stake of 50.55% in Ant Group. The company's CEO, Xu Yibin, confirmed that the deal is proceeding as planned, with monthly updates to be disclosed as needed. Despite various market rumors, Xu emphasized that official announcements should be considered the definitive source of information.

Additionally, there are assumptions that the acquisition of Ant Group by the brokerage company aims to obtain a license for trading virtual assets. Xu clarified that the company is currently maintaining relationships between the trading participant and the target with Ant Group. He noted that they are closely monitoring market developments and will conduct further research to assess whether to upgrade their existing license to a virtual asset license.