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Tiger Securities states that the Hong Kong entity operates independently, and relevant notices from the China Securities Regulatory Commission do not directly apply to the Hong Kong entity.

MarsBitNews
Mars Finance News: On May 22, in response to the notice released by the China Securities Regulatory Commission concerning the rectification of illegal cross-border securities and futures fund operating activities and related penalties, Wang Shan, Chief Operating Officer of Tiger Securities (Hong Kong) Global Limited, said that she is aware of the relevant notice issued by the China Securities Regulatory Commission (CSRC). The company stated that the relevant notice does not directly apply to its Hong Kong entity. The company is a licensed corporation that holds a license issued by the Securities and Futures Commission (SFC), operates independently, and is regulated by the SFC. (21 Finance)
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TheTreeInTheCenterOfMistValley
· 12h ago
The gray area of cross-border brokerage firms has finally been named, and the shoe has dropped.
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MempoolSparrow
· 16h ago
Tiger Securities' response is quite subtle, emphasizing that they are licensed and independently operated in Hong Kong, attempting to draw a clear boundary.
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PatchNotes
· 05-22 14:49
Tiger's compliance narrative was established quite early; now it seems to be a preemptive measure.
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GateUser-eb706989
· 05-22 14:49
Talking about independent operation is just for show; who knows if the technical backend is shared or not.
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GateUser-fbbc916d
· 05-22 14:49
Tiger has shifted the blame to SFC, but how is the money of mainland users calculated?
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