MooMoo and Tigers brokers to go down next in China's regulatory binge

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MooMoo and Tigers brokers to go down next in China's regulatory binge

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18-12-2021, 01:30 AM

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MooMoo and Tigers brokers to go down next in China's regulatory binge

An honorable member of the Coffee Shop Has Just Posted the Following:

A ban would affect a big chunk of business at firms like Futu, the two sources said. About 40per cent of Futu's clients have opened their trading accounts with Chinese ID cards, said one of them. Most other accounts have been opened by those with U.S., Singapore and Hong Kong IDs.

https://www.channelnewsasia.com/bus...tory-crackdown-online-brokers-sources-2386841

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