The Hong Kong Securities and Futures Commission published its financial review of the securities industry for the first half of 2026, reporting that pretax net profit rose 21% from the second half of 2025 to HKD 51.7 billion. The increase reflected stronger trading activity and lower costs. Transaction value climbed 24% to a record HKD 149 trillion, while the number of active clients increased 10% to 5.7 million. Total income rose 4% to HKD 155.9 billion. Trading commission and interest income increased 13% to HKD 45.4 billion, and other income rose 14% to HKD 70.7 billion. These gains outweighed a 21% fall in asset management related fees to HKD 24.4 billion, largely because performance fees recognized in December 2025 were not repeated, and a 6% decline in advisory, underwriting and placing income. Overheads and interest expense fell 2%, supporting profit growth. Stock Exchange of Hong Kong participants recorded a 20% increase in net profit to HKD 23.7 billion, led by a 37% rise among medium sized Category B brokerages to HKD 12.8 billion. Category C firms posted 24% growth, while Category A firms’ profit fell 5%. Outstanding margin loans increased 28% to HKD 276.3 billion, with average collateral coverage of 4.7 times. The 20 largest margin finance providers accounted for 87% of outstanding loans.
Hong Kong Securities and Futures Commission reports 21% rise in securities industry net profit to HKD 51.7 billion
The Hong Kong Securities and Futures Commission reported that securities industry pretax net profit rose 21% to HKD 51.7 billion in the first half of 2026, supported by record transaction value and lower costs. Active clients increased 10% to 5.7 million, while outstanding margin loans climbed 28% to HKD 276.3 billion.