Mirae Asset Securities slashes trading in HK, cuts jobs

The firm moves to make most of its Hong Kong sales and trading team redundant in response to poor volumes. But it denies an SCMP report it is shutting the office completely.
Mirae says poor trading conditions have forced it to scale back in HK
Mirae says poor trading conditions have forced it to scale back in HK

Korea’s Mirae Asset Securities is halving the number of staff in its Hong Kong office, cutting back its team of analysts in response to poor equity trading volume.

¬ Haymarket Media Limited. All rights reserved.

Sign in to read on!

Registered users get 2 free articles in 30 days.

Subscribers have full unlimited access to FinanceAsia.

Not signed up? New users get 2 free articles per month, plus a 7-day unlimited free trial.

Questions?
See here for more information on licences and prices, or contact [email protected].

Share our publication on social media
Share our publication on social media