Commission income is sizeable in Hong Kong. Last year, the city’s brokers earned HK$19.9 billion in such fees, which was down 18 per cent from the previous year. Photo: ReutersCommission income is sizeable in Hong Kong. Last year, the city’s brokers earned HK$19.9 billion in such fees, which was down 18 per cent from the previous year. Photo: Reuters
Commission income is sizeable in Hong Kong. Last year, the city’s brokers earned HK$19.9 billion in such fees, which was down 18 per cent from the previous year. Photo: Reuters

Broker Huatai International brings zero fee trading to Hong Kong, piles pressure on smaller rivals already struggling with thin margins

  • Hong Kong arm of China’s third-largest broker is no longer charging commissions and platform fees for stock trades, but just a $1 monthly fee
  • About 23 of Hong Kong’s brokers have ceased trading this year, exceeding last year’s record 22

Topic |   Hong Kong Stock Exchange
Commission income is sizeable in Hong Kong. Last year, the city’s brokers earned HK$19.9 billion in such fees, which was down 18 per cent from the previous year. Photo: ReutersCommission income is sizeable in Hong Kong. Last year, the city’s brokers earned HK$19.9 billion in such fees, which was down 18 per cent from the previous year. Photo: Reuters
Commission income is sizeable in Hong Kong. Last year, the city’s brokers earned HK$19.9 billion in such fees, which was down 18 per cent from the previous year. Photo: Reuters
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