Brokers are increasingly having to compete with the prospect of automated brokers and chatbots. Photo: Nora Tam Brokers are increasingly having to compete with the prospect of automated brokers and chatbots. Photo: Nora Tam
Brokers are increasingly having to compete with the prospect of automated brokers and chatbots. Photo: Nora Tam
Stocks

Fighting for scraps: Hong Kong’s brokers compete as transaction value shrinks

Number of licensed broker rose to a 20-year high of 614 in June, even as transactions value shrank 42 per cent

Topic |   Stocks
Brokers are increasingly having to compete with the prospect of automated brokers and chatbots. Photo: Nora Tam Brokers are increasingly having to compete with the prospect of automated brokers and chatbots. Photo: Nora Tam
Brokers are increasingly having to compete with the prospect of automated brokers and chatbots. Photo: Nora Tam
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