The Hong Kong Securities and Futures Commission (SFC) unveils the results of a fact-finding survey on the sale of non-exchange traded investment products and issues circular aimed at intermediaries selling of complex and high-risk products
The aggregate transaction amount for investment products sold in Hong Kong during the year ended March 31 st , 2018, was US$508 billion, 34% higher than the figure reported in the 2016 survey which covered the sale of investment products from April 2015 to March 2016, according to the latest Survey on the Sale of Non-exchange Traded Investment Products released by the country’s Securities and Futures Commission. The increase was mainly driven by Mainland-based firms, some of which h
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