The Securities Industry Financial Review released by the Hong Kong Securities Supervision Commission shows that the total net profit of the securities industry in Hong Kong for the six months ended June 30, 2024 recorded further growth, while the average daily market turnover and the number of active cash and margin customers increased. The Financial Review Report and the latest joint survey between the Securities Supervision Commission and the HKMA show that the industry is increasingly improvi...
The Securities Association of China announced today that, in accordance with the relevant provisions of the "Regulations on the Administration of Group Standards" and the "Standards for Group Standards Work of the Securities Association of China (Trial) ", the "Specifications for the Application of Blockchain Electronic Data Depository in the Securities Industry" (No.: T/SAC004-2024) are included as the group standard of the Securities Association of China. It is hereby announced and will be imp...
The Hong Kong securities industry hopes to issue relevant derivatives for cryptocurrency spot ETFs. Since cryptocurrency spot ETFs have been officially listed, securities firms can apply to regulators to issue derivatives, such as the launch of related options with higher leverage. This will greatly enhance the attractiveness of Hong Kong's virtual asset market. It can be said that after the launch of cryptocurrency spot ETFs, not only will they attract investors who like to invest in physical c...