Here are some of the figures that have drawn the most market attention this week.
Chinese brokerage revenue jumps more than 50 per cent
The broader industry also benefited from the market rally, with 150 brokerages reporting a 23.5 per cent average increase in net profit as operating revenue climbed 31 per cent, according to the Securities Association of China.Hong Kong’s MPF assets reach HK$1.67 trillion
Hong Kong’s Mandatory Provident Fund has amassed HK$1.67 trillion in assets as of end-June, as policymakers consider widening the investment options available to the city’s compulsory retirement scheme.The Financial Services Development Council has proposed allowing part of the fund to invest in alternative assets and infrastructure, while calling for Hong Kong to attract more long-term mainland capital to invest globally through the city.
