
home All News open_in_new Full Article
Hong Kong’s SFC orders brokers to end ‘imprudent’ margin financing to pre

Hong Kong's SFC has ordered brokers to end "imprudent" margin financing practices for IPOs, requiring a 10% upfront deposit from clients who don't fully pre-fund orders. This action follows a review revealing excessive oversubscription rates and significant margin financing for IPOs like Mixue Group and Blok Group, exposing brokers and clients to financial risks.
today 23 h. ago attach_file Politics
attach_file
Culture
attach_file
Events
attach_file
Events
attach_file
Politics
attach_file
Culture
attach_file
Culture
attach_file
Events
attach_file
Events
attach_file
Society
attach_file
Society
attach_file
Events
attach_file
Events
attach_file
Events
attach_file
Politics
attach_file
Politics
attach_file
Politics
attach_file
Politics
attach_file
Politics
ID: 1543581951