<h2>中國監管機構收緊大陸居民海外證券賬户規則</h2>
<p>亞洲最大的兩家在線券商富途證券和老虎證券在新的監管指引下，已收緊了大陸中國居民的開户政策。</p>
<p>這些變化意味着申請者現在必須提供在中國大陸以外的永久居留證明，才能通過這些平台進行交易。</p>
<blockquote>
<p>在線券商富途證券和 UP Fintech Holding（在亞洲被稱為老虎證券）因新監管要求的實施，已停止接受中國大陸客户的新賬户申請，來自消息來源的報道顯示。 pic.twitter.com/YE5S6f4bfC</p>
<p>— 第一財經 (@yicaichina) 2025 年 9 月 23 日</p>
</blockquote>
<p>富途的客服確認，其系統正在升級，目前僅處理持有香港或澳門身份證的新賬户申請。</p>
<p>升級後，大陸中國身份證僅在配合海外永久居留文件時才會被接受。</p>
<p><img src="https://imageproxy.pbkrs.com/https://image.coinlive.com/cryptotwits-static/23b22e49c89a86916f56ce60460540e2.jpg?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://image.coinlive.com/cryptotwits-static/23b22e49c89a86916f56ce60460540e2.jpg"/></p>
<p><em>根據富途的機器人，大陸中國公民現在需要提供海外永久居留文件才能註冊新賬户。</em></p>
<p>老虎證券採取了更嚴格的立場，停止僅基於海外工作或生活文件接受大陸申請。</p>
<h2>合規之路更漫長，居留證明要求更高</h2>
<p>新的限制要求提供更強有力的海外生活證明。</p>
<p>此前，富途允許大陸客户註冊，只要他們能證明海外就業或居住，例如當地工作簽證或税務記錄。</p>
<p>老虎證券遵循了類似的政策。</p>
<p>現在，只有持有非大陸身份證明的人才能開設賬户，這實際上關閉了許多中國投資者通往全球股票市場的關鍵通道。</p>
<p><img src="https://imageproxy.pbkrs.com/https://image.coinlive.com/cryptotwits-static/c303e666f966e55a59db15f903a085c6.jpg?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://image.coinlive.com/cryptotwits-static/c303e666f966e55a59db15f903a085c6.jpg"/></p>
<p>這兩家公司的客服熱線仍通過自動消息提供早期指示，表明過渡是漸進的。</p>
<p>兩家公司都沒有就最新措施發佈公開聲明或博客文章，包括富途的李華和老虎證券的吳天華在內的高管們保持沉默。</p>
<h2>税收執法推動監管收緊</h2>
<p>中國商業媒體指出，對離岸收入的税收徵管收緊是一個重要背景。</p>
<p>自今年第二季度以來，許多交易香港和美國股票的大陸居民收到了地方當局的税務通知。</p>
<p>監管機構據報道正在尋求遏制使用海外證券賬户以避免國內税務義務。</p>
<p>這次打擊不僅限於富途和老虎。</p>
<p>在 8 月份，全球市場份額最大的在線券商 Interactive Brokers 開始限制大陸居民的開户，並將其應用程序從中國應用商店中移除。</p>
<p><img src="https://imageproxy.pbkrs.com/https://image.coinlive.com/cryptotwits-static/b679dbe938a1d976303aae2baf7885d2.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://image.coinlive.com/cryptotwits-static/b679dbe938a1d976303aae2baf7885d2.png"/></p>
<p><em>Interactive Brokers (IBKR) 要求客户提供在中國大陸以外的長期居住或工作授權證明。</em></p>
<p>總部位於新加坡的長橋證券今年早些時候也停止了新的大陸註冊，並將其應用程序從本地平台中撤回。</p>
<h2>限制背後的監管歷史</h2>
<p>此次收緊措施是繼 2022 年中國證券監督管理委員會（CSRC）的一項命令之後，該命令裁定富途和老虎在未獲批准的情況下運營跨境證券業務。</p>
<p>監管機構指示這兩家公司停止新大陸客户的入駐，並 “有效控制新資金流入和管理現有賬户。”</p>
<p>當時，已經開設賬户的客户被允許繼續交易，前提是任何新資金符合中國的外匯管制。</p>
<p>自那時以來，這兩家公司逐漸提高了新申請者的門檻——從要求提供海外就業證明到要求提供完整的海外居留證明。</p>
<h2>投資者仍然存在替代途徑</h2>
<p>業內評論人士指出，大陸投資者仍有合法途徑訪問香港股票，例如股票通計劃或在國內上市的交易所交易基金。</p>
<p>税務專家補充説，這些受監管的渠道提供了更簡單的税務處理，並避免了未來政策變化可能進一步限制離岸交易的風險。</p>

富途控股

<p>大陸投資者面臨新限制，富途證券和老虎證券要求提供海外居住證明才能開設賬户。這是為了加強對離岸交易和税務合規的監管指導。兩家公司已暫停為大陸客户開設新賬户，目前僅接受持有非大陸身份證明的客户。這一舉措反映了對海外經紀賬户的更廣泛打擊，以強制執行税務義務，影響了許多投資者對全球股票的訪問。像港股通這樣的替代途徑仍然可以用於交易香港股票</p>

<h2>Chinese Regulators Tighten Rules On Overseas Brokerage Accounts For Mainland Residents</h2>
<div class="lb-trans"><h2>中國監管機構收緊大陸居民海外證券賬户規則</h2>
</div><p>Two of Asia’s largest online brokerages, Futu Securities and Tiger Brokers, have tightened their account-opening policies for mainland Chinese residents following new regulatory guidance.</p>
<div class="lb-trans"><p>亞洲最大的兩家在線券商富途證券和老虎證券在新的監管指引下，已收緊了大陸中國居民的開户政策。</p>
</div><p>The changes mean applicants must now present proof of permanent residency outside mainland China before they can trade through these platforms.</p>
<div class="lb-trans"><p>這些變化意味着申請者現在必須提供在中國大陸以外的永久居留證明，才能通過這些平台進行交易。</p>
</div><blockquote>
<p>Online brokers Futu Securities and UP Fintech Holding, known in Asia as Tiger Brokers, have halted new account openings for Chinese mainland clients due to stricter policies after the implementation of new regulatory requirement, Yicai learned from sources. pic.twitter.com/YE5S6f4bfC</p>
<p>— Yicai 第一財經 (@yicaichina) September 23, 2025</p>
</blockquote>
<div class="lb-trans"><blockquote>
<p>在線券商富途證券和 UP Fintech Holding（在亞洲被稱為老虎證券）因新監管要求的實施，已停止接受中國大陸客户的新賬户申請，來自消息來源的報道顯示。 pic.twitter.com/YE5S6f4bfC</p>
<p>— 第一財經 (@yicaichina) 2025 年 9 月 23 日</p>
</blockquote>
</div><p>Futu’s customer service confirmed that its system is undergoing an upgrade and, for now, will only process new accounts for people holding Hong Kong or Macau identity cards.</p>
<div class="lb-trans"><p>富途的客服確認，其系統正在升級，目前僅處理持有香港或澳門身份證的新賬户申請。</p>
</div><p>After the upgrade, mainland Chinese IDs will be accepted only when paired with overseas permanent residency documents.</p>
<div class="lb-trans"><p>升級後，大陸中國身份證僅在配合海外永久居留文件時才會被接受。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://image.coinlive.com/cryptotwits-static/23b22e49c89a86916f56ce60460540e2.jpg" alt="" original-src="https://image.coinlive.com/cryptotwits-static/23b22e49c89a86916f56ce60460540e2.jpg"/></p>
<p><em>According to Futu’s bot, mainland Chinese citizens are now required to provide overseas permanent residency documents in order to sign up for a new account.</em></p>
<div class="lb-trans"><p><em>根據富途的機器人，大陸中國公民現在需要提供海外永久居留文件才能註冊新賬户。</em></p>
</div><p>Tiger Brokers has taken an even stricter stance, stopping acceptance of mainland applications based solely on overseas work or lifestyle documents.</p>
<div class="lb-trans"><p>老虎證券採取了更嚴格的立場，停止僅基於海外工作或生活文件接受大陸申請。</p>
</div><h2>Longer Path To Compliance And Higher Proof Of Residency</h2>
<div class="lb-trans"><h2>合規之路更漫長，居留證明要求更高</h2>
</div><p>The fresh restrictions demand stronger evidence of a life abroad.</p>
<div class="lb-trans"><p>新的限制要求提供更強有力的海外生活證明。</p>
</div><p>Previously, Futu allowed mainland clients to register if they could prove overseas employment or residence, such as a local work visa or tax records.</p>
<div class="lb-trans"><p>此前，富途允許大陸客户註冊，只要他們能證明海外就業或居住，例如當地工作簽證或税務記錄。</p>
</div><p>Tiger Brokers followed a similar policy.</p>
<div class="lb-trans"><p>老虎證券遵循了類似的政策。</p>
</div><p>Now, only those with non-mainland identification can open accounts, effectively closing a key door to global equities for many Chinese investors.</p>
<div class="lb-trans"><p>現在，只有持有非大陸身份證明的人才能開設賬户，這實際上關閉了許多中國投資者通往全球股票市場的關鍵通道。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://image.coinlive.com/cryptotwits-static/c303e666f966e55a59db15f903a085c6.jpg" alt="" original-src="https://image.coinlive.com/cryptotwits-static/c303e666f966e55a59db15f903a085c6.jpg"/></p>
<p>Customer service lines for both companies still give the earlier instructions via automated messages, suggesting the transition is gradual.</p>
<div class="lb-trans"><p>這兩家公司的客服熱線仍通過自動消息提供早期指示，表明過渡是漸進的。</p>
</div><p>Neither company has issued public statements or blog posts about the latest measures, and executives including Li Hua of Futu and Wu Tianhua of Tiger Brokers have remained silent.</p>
<div class="lb-trans"><p>兩家公司都沒有就最新措施發佈公開聲明或博客文章，包括富途的李華和老虎證券的吳天華在內的高管們保持沉默。</p>
</div><h2>Tax Enforcement Drives The Regulatory Clampdown</h2>
<div class="lb-trans"><h2>税收執法推動監管收緊</h2>
</div><p>Chinese business media point to a tightening of tax collection on offshore earnings as a key backdrop.</p>
<div class="lb-trans"><p>中國商業媒體指出，對離岸收入的税收徵管收緊是一個重要背景。</p>
</div><p>Since the second quarter of this year, many mainland residents trading Hong Kong and US stocks have received tax notices from local authorities.</p>
<div class="lb-trans"><p>自今年第二季度以來，許多交易香港和美國股票的大陸居民收到了地方當局的税務通知。</p>
</div><p>Regulators are reportedly seeking to curb the use of overseas brokerage accounts to avoid domestic tax obligations.</p>
<div class="lb-trans"><p>監管機構據報道正在尋求遏制使用海外證券賬户以避免國內税務義務。</p>
</div><p>The clampdown is not limited to Futu and Tiger.</p>
<div class="lb-trans"><p>這次打擊不僅限於富途和老虎。</p>
</div><p>In August, Interactive Brokers, the world’s largest online brokerage by market share, began restricting account openings for mainland residents and removed its app from Chinese app stores.</p>
<div class="lb-trans"><p>在 8 月份，全球市場份額最大的在線券商 Interactive Brokers 開始限制大陸居民的開户，並將其應用程序從中國應用商店中移除。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://image.coinlive.com/cryptotwits-static/b679dbe938a1d976303aae2baf7885d2.png" alt="" original-src="https://image.coinlive.com/cryptotwits-static/b679dbe938a1d976303aae2baf7885d2.png"/></p>
<p><em>Interactive Brokers (IBKR) requires clients to provide proof of long-term residence or work authorisation outside of mainland China.</em></p>
<div class="lb-trans"><p><em>Interactive Brokers (IBKR) 要求客户提供在中國大陸以外的長期居住或工作授權證明。</em></p>
</div><p>Singapore-based Longbridge Securities also stopped new mainland registrations earlier this year and pulled its app from local platforms.</p>
<div class="lb-trans"><p>總部位於新加坡的長橋證券今年早些時候也停止了新的大陸註冊，並將其應用程序從本地平台中撤回。</p>
</div><h2>Regulatory History Behind The Restrictions</h2>
<div class="lb-trans"><h2>限制背後的監管歷史</h2>
</div><p>This latest tightening follows a 2022 order from the China Securities Regulatory Commission (CSRC), which ruled that Futu and Tiger had operated cross-border securities businesses without approval.</p>
<div class="lb-trans"><p>此次收緊措施是繼 2022 年中國證券監督管理委員會（CSRC）的一項命令之後，該命令裁定富途和老虎在未獲批准的情況下運營跨境證券業務。</p>
</div><p>The regulator instructed both companies to halt the onboarding of new mainland customers and to “effectively control new inflows and manage existing accounts.”</p>
<div class="lb-trans"><p>監管機構指示這兩家公司停止新大陸客户的入駐，並 “有效控制新資金流入和管理現有賬户。”</p>
</div><p>At the time, clients who had already opened accounts were allowed to continue trading, provided any new funds complied with China’s foreign-exchange controls.</p>
<div class="lb-trans"><p>當時，已經開設賬户的客户被允許繼續交易，前提是任何新資金符合中國的外匯管制。</p>
</div><p>Since then, both firms have gradually increased the hurdles for new applicants—from requiring proof of overseas employment to demanding full overseas residency.</p>
<div class="lb-trans"><p>自那時以來，這兩家公司逐漸提高了新申請者的門檻——從要求提供海外就業證明到要求提供完整的海外居留證明。</p>
</div><h2>Alternative Routes For Investors Still Exist</h2>
<div class="lb-trans"><h2>投資者仍然存在替代途徑</h2>
</div><p>Industry commentators note that mainland investors still have legal avenues to access Hong Kong stocks, such as the Stock Connect programme or exchange-traded funds listed domestically.</p>
<div class="lb-trans"><p>業內評論人士指出，大陸投資者仍有合法途徑訪問香港股票，例如股票通計劃或在國內上市的交易所交易基金。</p>
</div><p>Tax specialists add that these regulated channels offer simpler tax treatment and avoid the risk of future policy changes that could further limit offshore trading.</p>
<div class="lb-trans"><p>税務專家補充説，這些受監管的渠道提供了更簡單的税務處理，並避免了未來政策變化可能進一步限制離岸交易的風險。</p>
</div>

Mainland Chinese Investors Blocked From Opening New Accounts As Futu and Tiger Brokers Demand Overseas Residency Proof

- 中國監管機構收緊了大陸居民的海外證券賬户規則。  
- Futu 和 Tiger Brokers 要求申請者提供海外永久居留證明。  
- 新規限制了大陸投資者進入全球股市的途徑。  

富途控股和老虎證券要求提供海外居住證明，禁止中國大陸投資者開設新賬户