The companies, products and regulatory developments shaping the broker industry.
A HK$555m decline in derivatives net investment income more than accounts for the segment’s HK$406m revenue decrease. Cash securities still supplied about 80% of group revenue growth.
The Spanish decision approves a named market infrastructure and its operating rules under the EU DLT pilot. The announcement gives no commercial opening date or customer-access terms.
The case targets three executives and five associates over trading allegedly intended to meet a HK$500 million capitalisation threshold; the transfer did not proceed as planned.
The 1 October change covers specified fund, bond and structured-product charges. Ordinary currency exchange remains subject to its own tariff.