Summary by Futu AI
On December 30, 2024, Morgan Stanley's affiliate MSHK, representing MSAP as the designated market maker, purchased 2,000 derivative warrants before the possible comprehensive offer share buyback by CNBM. The total transaction amount was HKD 192, with a trading price of HKD 0.0960 per share.MSHK, representing MSAP, is classified as a related party under category (5) of the offeror, and the trade was conducted for its own account. This transaction falls under the designated market maker activities approved by Hong Kong Exchanges and Clearing Limited, aimed at providing liquidity for existing derivatives or a series of exchange-traded options.