Hong Kong securities industry posts $6.58 billion first-half profit on record transactions
The Hong Kong securities industry posted a net profit of HK$51.7 billion ($6.59 billion) in the first half of 2026, up 21% from the second half of last year, the…
JF SmartInvest harnesses AI in drive into lucrative financial intelligence services
The company unveiled an AI-powered terminal at its new showroom in Hong Kong’s financial district as it chases high-net-worth individuals seeking investment advice Key Takeaways: JF SmartInvest opened a physical…
For Futu and UP Fintech, regulatory bombshell may finally clear global path forward
Hefty penalties from China's securities regulator for operating without necessary licenses remove a long-running overhang for the online brokerages Key Takeaways: Futu and UP Fintech have been fined a combined…
U.S. listings by Chinese firms face mounting challenges on both sides of Pacific
While new Nasdaq rules threaten to derail many smaller U.S. listings by Chinese companies, China’s securities regulator is also stepping up its scrutiny of such listings Key Takeaways: China’s securities…
Mainland regulators trip up Ant Group – again
Hong Kong’s Bright Smart Securities says its plan to be acquired by Ant is progressing on schedule, but a media report suggests the deal may face greater regulatory scrutiny Key…
Futu charges ahead in Singapore in stepped-up global expansion
The online broker’s client assets under management in the city state posted a fourth consecutive quarter of sequential double-digit gains in the three months to June Key Takeaways: Futu’s total…
UP Fintech Flexes Global Expansion Muscle With NYSE Membership
In its latest move to expand outside China, the online brokerage has become a member of the world’s largest stock exchange Key Takeaways: UP Fintech’s TradeUP Securities unit has become…