A stock broker looking at the stock market at World Wide House in Central on 8 July 2015. Photo: SCMP
Protests force Hong Kong’s small stock brokers out of business, with little chance of rescue by Chinese buyers
- Struggling brokers are finding they can no longer rely on their traditional rescuers – mainland Chinese buyers willing to pay a healthy premium to get a foothold in the local market
- Ten small brokers have had to shut their doors since the start of the civil unrest that has slashed their revenues by almost a third
Topic |
Banking & Finance
A stock broker looking at the stock market at World Wide House in Central on 8 July 2015. Photo: SCMP