SFC signals HK$232m deficit for year as income misses target

The Securities and Futures Commission expects to remain in the red this year, with a total deficit of HK$435.16 million caused by lower fee income and rising staff costs, the second consecutive year the regulator will lose money.

via Business feed http://www.scmp.com/business/banking-finance/article/1138264/sfc-signals-hk232m-deficit-year-income-misses-target