Chinese brokers race for Singapore talent to drive ASEAN growth

Tiger Brokers, Futu Securities eye Thailand, Malaysia amid Beijing's tech crackdown

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Two Chinese share brokerages are tapping Singapore for talent as they target growth in Southeast Asia. (Source photo by Ken Kobayashi)

DYLAN LOH, Nikkei staff writer

SINGAPORE -- China's Tiger Brokers and Futu Securities are rushing to snap up staff in Singapore as they push to expand their internet stock trading platforms in Southeast Asia amid a crackdown on the tech sector back home.

The Singapore heads of the two Nasdaq-listed discount brokerages told Nikkei Asia in separate interviews that they plan to ramp up hiring this year in the city-state -- the base for their drive into the 10-member Association of Southeast Asian Nations and its 650 million people.

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