Menu

WSJ: China Shut the Door on Two Online Brokers

Brokers can generate significant income by investing client funds in low-risk securities and profiting from the interest rate spread. While this mirrors the traditional banking model, clients often overlook the interest rates offered. Jason Hsu notes that this interest rate differential is a crucial income source for brokers and significantly contributes to the revenues of companies like Futu and Up Fintech.

Read the Article (Subscription Required)

Explore More Media News

CNBC: Indian Budget Did Little to Improve Sentiment of Disappointed Foreign Investors

Discover more

Chief Investment Officer: Volatility, ‘Sell-America’ Movement Will Complicate Bond Investing in 2026

Discover more

Bloomberg: Japan Stock Bulls Ignores China Tensions for Buying Opportunities

Discover more

Big News Network: Investors Pivot to Chinese AI as US Tech Bubble Fears Rise

Discover more