SANDRO 善子
:
Overseas registered company is controlled by the local laws such as US and Singapore laws. If anything happen to the mother company, the overseas setup can operate normally. For example, many of the big names you saw on the street, their mother companies already bankrupt 1 year ago.
SANDRO 善子
:
To my opinion, I think the tiger statement means they have physical licence brokerage company and the app is the on-line operation of the company. I think just like FUTU, Tiger should have a Chinese App only for China and Tiger international is for Overseas. Tiger China and Tiger International is 2 separate legal 'person', one is control and protected by Chinese laws and Tiger Internatinal is protected and controlled by USA laws and Singapore laws. The worse outcome will be they move their HQ from HongKong to Singapore or USA
c_mk
SANDRO 善子
:
Yr idea is great. U should work for tigr and futu. Separate the Chinese citizens so can meet their own regulatory requirements. This will limit the risk.
CRAEFULGANG : This does not mean anything as long as the Chinese Govt is the final decision of the company's outcome.
SANDRO 善子 : Overseas registered company is controlled by the local laws such as US and Singapore laws. If anything happen to the mother company, the overseas setup can operate normally. For example, many of the big names you saw on the street, their mother companies already bankrupt 1 year ago.
SANDRO 善子 : Thnaks Tiger, this is right way to react !
SANDRO 善子 : To my opinion, I think the tiger statement means they have physical licence brokerage company and the app is the on-line operation of the company. I think just like FUTU, Tiger should have a Chinese App only for China and Tiger international is for Overseas. Tiger China and Tiger International is 2 separate legal 'person', one is control and protected by Chinese laws and Tiger Internatinal is protected and controlled by USA laws and Singapore laws. The worse outcome will be they move their HQ from HongKong to Singapore or USA
SANDRO 善子 : USA laws and Singapore laws are very strong in customers protect.
c_mk SANDRO 善子 : Yr idea is great. U should work for tigr and futu. Separate the Chinese citizens so can meet their own regulatory requirements. This will limit the risk.