Bank of England Deputy Governor Broadbent: Hedge funds are an important source of demand for UK government bonds
The Bank of England's Deputy Governor, Ben Broadbent, highlighted that hedge funds are a significant source of demand for UK government bonds. Separately, Futu Holdings reported its first-quarter earnings, with revenue increasing by 24.7% year-over-year to HK$5.86 billion, but net profit saw a substantial decrease of 61.2% to HK$831 million. This decline is partly due to a provision of approximately 1.85 billion yuan for a proposed regulatory fine. AI