The Hong Kong securities industry experienced a significant increase in profits in the first half of 2024, according to a report by the Securities and Futures Commission. Securities dealers and margin financiers saw a 50% increase in net profits compared to the previous six months, and a 29% growth year-on-year. Despite a relatively flat total industry revenue, improved cost management and increased investor engagement contributed to the industry's profitability. The report also highlighted the growing interest and participation in virtual asset markets, with virtual asset trading generating significant revenue. The diversity of Hong Kong's financial products and the exploration of opportunities in virtual asset trading by licensed firms were noted as factors attracting local and international investors.



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