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Southwest Securities International Securities Limited ( (HK:0812) ) has shared an update.
Southwest Securities International Securities Limited has announced that despite efforts to improve its business operations, there has been no significant progress in its principal businesses. The company is undergoing strategic adjustments, including the cessation of certain subsidiaries’ operations, to focus on its core regulated activities. The exit plans of these subsidiaries are under review by the Securities and Futures Commission, but they are not expected to impact current operations significantly. The company has remodeled its brokerage business by entering into client referral agreements and is actively seeking new business engagements in its asset management division.
More about Southwest Securities International Securities Limited
Southwest Securities International Securities Limited operates in the financial services industry, providing brokerage and margin financing, corporate finance, asset management, and proprietary trading services. The company focuses on regulated activities such as dealing in securities, advising on securities, and asset management, primarily targeting the Hong Kong market.
Technical Sentiment Signal: Sell
Current Market Cap: HK$109.9M
Learn more about 0812 stock on TipRanks’ Stock Analysis page.