View of Hong Kong’s financial district. According to the SFC, 13 per cent of local brokers, fund houses and financial advisers are now owned by mainland shareholders. Photo: AP

Hong Kong enforces new rules to better manage city’s funds, stockbrokers and financial firms

Managers in eight designated functions must be approved by the regulator under the new regime

Topic |   SFC

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View of Hong Kong’s financial district. According to the SFC, 13 per cent of local brokers, fund houses and financial advisers are now owned by mainland shareholders. Photo: AP
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