$Futu Holdings Ltd(FUTU.US)$ did Futu apply but not granted license or Futu did not apply? Did china government invite Futu to apply for license or it is happy with the number of licenses issued and wish to offer protection to these state owned banks and financial institutions because it fear they cannot compete against Futu? So after receiving licensing fees, it wishes to stop clients from using non license brokerage? Or is it because Futu and Tiger are liste...