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Are there any risks due to PACSHK’s revoked license?

Broker Issues
Ping An Securities (Hong Kong)
Regulation
01-14
Estados Unidos
WikiFX
Sagot

While PACSHK is regulated by the SFC for futures and asset management, the revocation of its Securities Dealing License creates notable risks for investors. The SFC's withdrawal of this license means that PACSHK is no longer authorized to handle securities transactions, including stocks, bonds, or other securities-related investments. This raises concerns for investors looking to trade in securities or those who require access to a broader range of financial products. For those accessing PACSHK login or using PACSHK platform to trade stocks or securities, there is a lack of regulatory protection. This limitation significantly reduces the level of trust that can be placed in PACSHK for securities transactions. While investors in futures and asset management services are still covered by the firm’s SFC regulation, the revocation of the securities license means that retail investors or those looking to diversify their portfolios with securities may need to consider other platforms that maintain full regulatory compliance across all investment types.

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