Tiger and Futu both hold Hong Kong licenses 1/2/4/9, right?

Compared to crypto exchanges,
their pressure to delist is much smaller.
I've been using my Tiger account for almost 6 years now.
This time I was so scared I dug out the account I once opened
using a relative's KYC to trade Hong Kong stocks.
Unexpectedly, because of value investing,
the idle positions I laid out long ago
have all risen so much.
I bought many shares at around 160+ yuan cost.
Over the years, I almost forgot about them.
Mainly because of the iron fist in 2021 and 2022,
which already banned any new registrations from mainland China.
So this fine and confiscation definitely falls within
the legal scope,
from 2023 to 2026,
the illegal gains of existing Chinese clients.
But this is very interesting,
because the restriction on existing users depositing funds,
probably the same approach as crypto exchanges
treating existing users.
Compared to class-action lawsuits in the U.S.,
this is not a big deal.