Regulation· ★★· bearish·

Hong Kong SFC: crypto trading fee income fell 13.5% in first half

  • —Crypto trading fees came in at HK$99.3 million, down from HK$114.8 million a half earlier
  • —The decline was HK$15.5 million, or 13.5%
  • —Sector net profit rose 21% to HK$51.7 billion
  • —Combined net fee and interest income rose 13% to HK$45.4 billion
Why it matters: Falling crypto fee income against broader sector growth signals weakening trading activity in Hong Kong.
Source: Bloomingbit