Published on: 2026-05-22
Source: People’s Republic of China in Russian –
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Beijing, May 22 /Xinhua/ — The Chinese Securities Regulatory Commission (CSRC) announced on Friday that it will take decisive measures against Tiger Brokers (NZ) Limited, Futu Securities International (Hong Kong) Limited, and Longbridge Securities (Hong Kong) Limited for illegal cross-border business operations.
CSRC stated that the activities of these brokerage companies violated Chinese laws and regulations pertaining to securities, stocks, and futures, and also disrupted the market order.
In accordance with the relevant regulatory acts, the aforementioned committee plans to confiscate all illegal assets from the corresponding entities Tiger, Futu, and Longbridge, operating in China and beyond, and subject them to severe punishment in accordance with the law.
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