Small and mid-sized brokerages in Hong Kong have become highly sought after takeover targets by mainland financial companies. Photo: Nora Tam
Enoch Yiu
Opinion

Opinion

White Collar by Enoch Yiu

Buyout wave sparks concern over mainland control of Hong kong brokerages

As the mainland overtakes the US as the largest foreign owners of local brokerages, concerns have been voiced over aggressive selling, lax margin financing, and cutthroat competition over fees

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Small and mid-sized brokerages in Hong Kong have become highly sought after takeover targets by mainland financial companies. Photo: Nora Tam
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