$UP Fintech (TIGR.US)$$Futu Holdings Ltd (FUTU.US)$ Financia...
$UP Fintech (TIGR.US)$ $Futu Holdings Ltd (FUTU.US)$ Finance｜Futu and Tiger are said to have taken down the Chinese trading app.
The Wall Street Journal cited sources as reporting that Futu (US: FUTU) and Tiger Securities plan to remove their applications that allow customers to trade stocks overseas in China, and the deletion plan is expected to be confirmed as early as this Tuesday (16th).
According to reports, this move is part of the corrective measures requested by the China Securities Regulatory Commission (CSRC), which prohibited the two brokerages from soliciting new business from mainland investors in December.
According to reports, the decision was made by both parties after the statement issued by the China Securities Regulatory Commission in December last year, which stated that these two brokerages allowed their mainland clients to engage in cross-border trading, in violation of Chinese law.
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Investing in valued stocks for long term, and turbocharge with short term trading ie options
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股勇者 OP : NO 2 NO BUY![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
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101673749 股勇者 OP : Not 1 won't buy
Bull Run : Left Singapore maybe 500k users, Australia, US, how many only?
Falling angel Bull Run : existing customer is not affected, and you forgot to count in Hong Kong.
Bull Run Falling angel : HK is under Mainland now, no double standards
Falling angel Bull Run : no, you are incorrect.
klkwee : Futu & Tiger got HK license.