Deep Tide TechFlow news: On May 22, the China Securities Regulatory Commission (CSRC) filed cases for investigation into relevant domestic and overseas entities of Changqiao Securities and is expected to issue administrative penalties. Changqiao Securities responded, stating that its licensed entities are supervised by overseas regulators including the Hong Kong Securities and Futures Commission (SFC). Changqiao emphasized that client funds are completely segregated from the company’s operating funds and are maintained in independent custody bank accounts in accordance with regulatory requirements. The US stocks and Hong Kong stocks it holds are respectively custodied by the US Depository Trust & Clearing Corporation (DTCC) and Hong Kong Central Clearing Company Limited (HKSCC), and are also covered by the Hong Kong Investor Compensation Fund (ICF). Meanwhile, the company will strictly implement all rectification requirements and advance the related arrangements in a lawful and compliant manner.