Weekend Long Read: How to Get Chinese Brokerages in Hong Kong Growing Again

These securities firms need to better manage their risks and liquidity, and take advantage of synergies with their parent companies to recover from a dismal couple of years

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Hong Kong-based brokerage units of Chinese financial institutions had a tough 2022.

For Chinese securities firms operating overseas, 2022 was a bad year. Many Hong Kong-based brokerage subsidiaries of Chinese financial institutions had to deal with slumping profits, huge losses from proprietary trading, as well as shrinking earnings from their brokerage and investment banking businesses.