The regulator said it had imposed conditions on the licence renewals of two broker companies in early June after identifying weaknesses in their controls.
The Hong Kong subsidiary swung back to profit in 2024, with the ratings agency also pointing to the importance of its cross-border role linking mainland China and Hong Kong.
Eugene Wong, Kyle Ng, Alan Sze and Jason Lam join the broker to strengthen its employee benefits, multinational clients and financial lines capabilities in the region.