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Saxo Bank 2020 net profit soars; debuts investment platform in Hong Kong

Announcing its FY20 results, Saxo Bank Group said the number of its active clients hit a record high and net profit soared, bolstered by market volatility. Its SAXO Markets in Hong Kong is offering an alternative for individual investors with the launch of a trading platform. The Copenhagen-headquartered fintech saw new active clients climbing to 238,000 in 2020, bringing the…

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