The city's brokers are struggling because of falling market turnover, lower commission rates and competition. Photo: Edward Wong The city's brokers are struggling because of falling market turnover, lower commission rates and competition. Photo: Edward Wong
The city's brokers are struggling because of falling market turnover, lower commission rates and competition. Photo: Edward Wong

Hong Kong brokers urged to diversify as they lose out to fund houses

Industry experts say city brokerage firms must develop their businesses and get extra support from government as fund houses outflank them

The city's brokers are struggling because of falling market turnover, lower commission rates and competition. Photo: Edward Wong The city's brokers are struggling because of falling market turnover, lower commission rates and competition. Photo: Edward Wong
The city's brokers are struggling because of falling market turnover, lower commission rates and competition. Photo: Edward Wong
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