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Deep Tide TechFlow News, May 22, according to 21 Financial, Futu Holdings' US stocks temporarily dropped more than 40% before the market opened.
On the news front, the China Securities Regulatory Commission plans to confiscate all illegal gains of Tiger, Futu, and Changqiao related entities both domestically and abroad, and impose strict penalties according to law.
In response, the company's hotline staff stated that the company has already been aware of the relevant regulatory developments and is carefully studying the related content. Once the information is complete, the company will make a unified response.
Currently, the company's business operations are normal, and clients' account assets and various services are unaffected.