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China Launches Two-Year Crackdown on Offshore Brokers Serving Mainland Investors
Mainland clients of Tiger Brokers, Futu and Long Bridge will only be allowed to sell holdings and withdraw funds during the cleanup period
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global.chinadaily.com.cn
China tightens crackdown on illegal cross-border brokerage activities
China is tightening its crackdown on overseas brokerages illegally providing services to onshore investors, with regulators aiming to eradicate such activities within two years…
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scmp.com
China punishes brokerages for offering illegal access to overseas stocks
CSRC cracks down on three brokerages, as overseas stock demand rises on strong US tech earnings and easing Middle East tensions.
