Cross-border online brokers in limbo
Subscribe to keep reading.
Trivium Tech keeps you briefed on the latest developments in China tech policy.
Already a subscriber? Log in.
It’s official.
On Friday, China’s security regulator (CSRC) ordered online brokers Futu Holdings and Tiger Securities to stop offering overseas brokerage services to Chinese citizens.
Both Futu and Tiger are listed on the NASDAQ.
ICYMI: As we flagged a year ago, state media called out FUTU ...