Tiger, Futu, and Changqiao face high-pressure regulatory actions from the CSRC, and have entered the stage of administrative penalties, meaning the investigation and evidence collection are complete, and they are awaiting formal punishment.


Currently, the stock prices of the two companies have already plummeted by 40%.
During the rectification period, existing accounts are only allowed to sell and transfer funds outward; trading is no longer permitted.
This is quite serious, and it seriously threatens the thriving situation of our A-shares market. It wouldn't be convincing to penalize them by only a few hundred million yuan.
View Original
post-image
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned