The China Securities Regulatory Commission fined Hong Kong's three major brokerages Futu, Changqiao, and Tiger, confiscated illegal gains, and ordered a two-year deadline for rectification and repayment of mainland users. On the same day, stock prices dropped over 30%.


This wave also heavily impacted the crypto circle, and the major leading crypto exchanges are likely to gradually phase out users from mainland China, resulting in a large amount of selling over the weekend, with the possibility of continuation #TradFi交易分享挑战
FUTUON2.26%
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LiquidationInTheMorni
· 13h ago
Will it break 2000 today?
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GateUser-053cce23
· 14h ago
Is this not bouncing back at all...
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HuaxiaObsession
· 15h ago
It's over now, you won't be able to use any trading apps in the future.
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GoodFortuneAndSmoothWealthIn
· 15h ago
Secretary, the previous long position was stopped out, can I hold the 2017 long position?
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