Ant Group's Tender Offer to Acquire Yolo Securities Approved, Yolo Securities Stock Surges Over 80% Intraday on the 17th

NightAirdropper · 2026-03-18T00:36:03+00:00

Yao Cai Securities Finance recently had its share acquisition offer initiated by Ant Group approved by Chinese regulators, with the transaction expected to be completed by March 30. The stock price surged significantly, with gains exceeding 80% at its peak. This acquisition represents an important strategic move for Ant Group to expand its overseas business, and after multiple rounds of regulatory review, it has finally completed this key milestone.

NightAirdropper

2026-03-18 00:36:03

Abstract generation in progress

Yau Tai Securities & Finance recently achieved a major milestone as the takeover offer initiated by Ant Group has successfully received approval from relevant Chinese authorities. The transaction is expected to be completed by March 30. This news has attracted widespread market attention. After the market opened on March 17, the stock price of Yau Tai Securities & Finance (HK.01428) surged significantly, with a peak increase of over 80%, reaching HKD 16.88 per share.

The deal began in April 2025, when Yau Tai Securities & Finance announced that Shanghai Yunjin Information Technology Co., Ltd., through its subsidiary, launched a takeover offer to Yau Tai Securities at HKD 3.28 per share, involving 50.55% of the company’s issued shares. This move is seen as an important step for Ant Group’s expansion of its overseas brokerage license.

According to regulations in both jurisdictions, the transaction required approval from the Hong Kong Securities and Futures Commission (SFC) and the National Development and Reform Commission (NDRC). On September 23, 2025, the SFC approved the deal, with an approval validity until March 23, 2026. The latest announcement indicates that the SFC’s approval period has been extended to April 30, while approval from Chinese authorities was officially granted on the evening of March 16.

Looking back at the transaction process, in November 2025, Yau Tai Securities in Hong Kong announced that Ant Group, the acquirer, was considering extending the final deadline for the offer, originally set for November 25, 2025. Analysts at the time pointed out that the lack of approval from mainland Chinese regulators was the main reason for Ant Group’s consideration of an extension. Now, with approval from Chinese authorities finally obtained, this critical step has been completed.

As a well-established local brokerage in Hong Kong, Yau Tai Securities & Finance was founded in 1995 and listed on the Hong Kong Stock Exchange in 2010. Its founder, Ye Maolin, led the company to develop core businesses including securities brokerage, margin financing, commodities and futures brokerage, and spot gold trading, earning high recognition within the industry.

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