Tiger Brokers to suspend investors in mainland China from adding new positions
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Tiger Brokers will restrict mainland Chinese investors from adding new positions while physically in China starting June 12, complying with Beijing's tighter regulations. This follows similar moves by competitors Futu and Longbridge to wind down illegal accounts. While new deposits and purchases are barred onshore, existing account trading remains allowed offshore. The firms have a two-year grace period to fully comply with the new rules introduced on May 27.
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Source: CNA The copyright of this article belongs to the original author/organization.
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