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Hong Kong Traders Are Borrowing Like Never Before
Margin loans at Hong Kong securities brokers rose 28% in six months to HK$276.3 billion (about $35.5 billion), the Securities and Futures Commission (SFC) said today (Tuesday). The balance stood at HK$216.4 billion at the end of December.The regulator's half-yearly review of the industry also showed pre-tax profit at securities dealers and margin financiers rising 21% from the previous half to HK$51.7 billion, on a record HK$149.0 trillion in tr…
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Hong Kong Traders Are Borrowing Like Never Before
Margin loans at Hong Kong securities brokers rose 28% in six months to HK$276.3 billion (about $35.5 billion), the Securities and Futures Commission (SFC) said today (Tuesday). The balance stood at HK$216.4 billion at the end of December.The regulator's half-yearly review of the industry also showed pre-tax profit at securities dealers and margin financiers rising 21% from the previous half to HK$51.7 billion, on a record HK$149.0 trillion in tr…
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