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

Bloomberg: Balancing Act Makes Indonesia an Emerging-Markets Darling

Discover more

Bloomberg: As China Markets Flail, Rest of the World Is Roaring Ahead

Discover more

MarketWatch: Chinese Small-Cap Stocks Suffer Market Rout as Trump Threatens Renewed Trade War

Discover more

CNBC: This Global EV Stock Could Double in Price in 3 to 5 Years

Discover more