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Futu Holdings Limited is a Cayman Islands-incorporated financial technology holding company headquartered in Hong Kong. Through its subsidiaries, it provides online securities brokerage, margin financing and securities lending, wealth management, and corporate and institutional services. Its main digital platforms are Futubull, used primarily in Hong Kong, and Moomoo, its international platform.

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economy24 h ago

Guotai Junan International restricts mainland China-based clients from depositing funds or buying stocks.

According to 36Kr, Guotai Junan International has begun partially restricting usable services for mainland China-based investor accounts, starting on Sep 26, to comply with regulatory requirements. Accounts that log in from mainland China will be unable to deposit funds or buy stocks, and can only withdraw or sell; accounts that log in from overseas will not have deposits, withdrawals, or trading restricted. The changes follow similar moves by other cross-border brokers such as Futu, Tiger Brokers, Changqiao, and Huasheng Securities.

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Guotai Junan International restricts mainland China-based clients from depositing funds or buying stocks.

economy24 h ago

coda.news AI summary

Sept 26: Guotai Junan International begins partial restriction of usable services for mainland investor accounts.
Restrictions apply to deposits and buying; withdrawals and selling remain allowed for mainland-login accounts.
Accounts logging in from overseas are not restricted in deposits, withdrawals, or trading.
Context notes that other cross-border brokers such as Futu, Tiger Brokers, Changqiao, and Huasheng Securities are mentioned in relation to similar moves.

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