China's CSRC orders a two-year phase-out of illegal offshore brokerage accounts after record $1.04 trillion in unauthorized capital outflows in 2025.

China's CSRC orders a two-year phase-out of illegal offshore brokerage accounts after record $1.04 trillion in unauthorized capital outflows in 2025.

Beijing targets Futu, Tiger Brokers, and Longbridge with $338M in penalties as China launches its biggest crackdown on offshore trading in decades.

A sweeping two-year regulatory crackdown aims to dismantle the grey market that allowed mainland residents to trade global stocks