Trading conglomerate Doo Group said on Monday that its Hong Kong subsidiary has become a stock exchange participant with the Stock Exchange of Hong Kong Limited (SEHK).
The membership was approved earlier this month, the group said in a statement. Doo Group said that it had held an official launch party for the approval on January 16th.
Having approval to operate as a stock exchange participant means the broker can expand the set of securities it offers to end clients.
Aside from local Hong Kong stocks, the company said that it will also be able to provide clients with access to US equities.
“It is through Doo Financial’s commitment and thorough preparation that led to gaining stock exchange participant in the SEHK,” said Doo Group Founder and CEO Windson Chan.
“This milestone, along with the launch of the latest trading securities services, is a key step for Doo Financial Hong Kong to embrace new opportunities and drive future growth.”
Doo Group now has a huge range of subsidiaries. The company’s brokerage division alone has approvals in Hong Kong, the US, Australia, Indonesia, Labuan, Cyprus, and the UK.
The company also operate payments, insurance, wealth management, and real estate investment companies.
