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US$32b worth of Hong Kong assets involved in transborder trade crackdown: Citic
The assets involve a crackdown on Futu, Tiger Brokers and Long Bridge for offering mainland Chinese investors access to unlicensed trading.
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zerohedge.com
"Huge Shock": China Launches Crackdown On Cross-Border Stock Selling To Block Capital Outflows
The securities regulator said it planned to penalize brokerages Futu Holdings, Tiger Brokers and Long Bridge Securities for operating on the mainland without a license, and would…
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scmp.com
US$32b worth of Hong Kong assets involved in transborder trade crackdown: Citic
The assets involve a crackdown on Futu, Tiger Brokers and Long Bridge for offering mainland Chinese investors access to unlicensed trading.
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China Moves To Shut Down Offshore Stock-Trading Channels Used By Mainland Investors
The clampdown hits a route that Chinese investors use to trade U.S. and Hong Kong stocks, raising capital-control and ADR concerns...
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straitstimes.com
China investors rush for exit after crackdown on illicit cross-border stock trading
One investor said some people are now preparing to move to other brokers in Singapore or the US. Read more at straitstimes.com. Read more at straitstimes.com.
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asia.nikkei.com
China drops hammer on cross-border stock trading: 5 things to know
'Far tougher' crackdown targets 'entire supply chain,' from brokers to influencers