Date
26 July 2017
HKEx chief executive Charles Li  greets brokers. Two in 10 securities investors trade exclusively through a broker, according to a survey. Photo: HKEJ
HKEx chief executive Charles Li greets brokers. Two in 10 securities investors trade exclusively through a broker, according to a survey. Photo: HKEJ

Four in 10 Hong Kong adults trade in securities

Nearly four in 10 Hong Kong adults invest in securities, the Hong Kong Economic Journal reported Friday, citing a survey.

The figure is up slightly from a 2011 survey and represents 2.25 million adults, the report said, citing Hong Kong Exchanges and Clearing Ltd. (00388.HK).

The median investment in a single transaction is HK$50,000 (US$6,450) compared with HK$40,000 in 2011 while the average holding of each investor is HK$150,000, up from HK$100,00 previously.

Each investor had an average of six transactions in 2014, unchanged from 2011.

Nearly a third of respondents invest in exchange-traded funds, up sharply from the previous survey.

Seven in 10 use banks to trade securities while two in 10 exclusively transact through a broker.

The survey interviewed 2,271 people by phone five days before the launch of Shanghai-Hong Kong Stock Connect on Nov. 17 and lasted until Dec. 23.

Translation by Vey Wong

[Chinese version中文版]

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