Changqiao Securities states that the Hong Kong Securities and Futures Commission and mainland regulatory authorities have issued the latest cross-border securities regulation requirements, standardizing services aimed at mainland investors, covering all overseas financial institutions. The company will steadily promote compliance according to the new regulations, with the scope of cleanup limited to two types of accounts: investment accounts opened with suspicious/fake documents, and zero-balance inactive investment accounts. Accounts that are normally compliant, hold genuine assets and positions are not within the scope of cleanup. There will be zero tolerance for fake account openings, and strict compliance will be enforced.

MeNews

2026-05-23 14:36:16

Abstract generation in progress

ME News Report, May 23 (UTC+8), Changqiao Securities further clarifies recent regulatory matters concerning China's cross-border securities business. Changqiao Securities stated that the Hong Kong Securities and Futures Commission and mainland regulatory authorities such as the China Securities Regulatory Commission have recently issued the latest regulatory requirements for cross-border securities activities, establishing industry-wide unified standards for services targeting mainland investors. These regulatory rules apply to all overseas financial institutions. Changqiao actively responds to the regulatory guidance from both regions and will strictly follow the relevant requirements to steadily advance compliance work. Changqiao Securities stated that the scope of accounts to be cleaned this time is limited and clearly defined, mainly targeting two types of accounts: one is investment accounts opened with suspicious or forged documents; the other is zero-balance inactive investment accounts. Customer accounts that are normally compliant and have genuine assets and holdings are not within the scope of this cleanup. Changqiao firmly supports the regulatory zero-tolerance attitude toward false account opening behaviors and will handle them strictly according to regulatory requirements. (Source: PANews)

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TheClarityAfterLiquidating

· 11h ago

Opening an account with fake documents deserves to be cleaned up, no problem.

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PaperfoldDao

· 13h ago

Account cleanup is an industry practice, understood.

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BlueberryStakingMachine

· 13h ago

Hope to avoid accidental harm and genuinely comply to leave a way out.

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WalletHealthInspector

· 13h ago

Finally, mainland China and Hong Kong regulators are working together, making the market more transparent.

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FeeFiFoFum

· 13h ago

It's about time to regulate it; the proliferation of fake accounts definitely needs to be cleaned up.

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AirdropArchivist

· 13h ago

No need to worry if you're holding normally; this wave is under regulatory oversight.

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GateUser-e4fb1fbe

· 13h ago

Support compliance, genuine players are not afraid of inspections

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AirdropCheatSheet

· 14h ago

The Changqiao announcement is quite clear; the two types of accounts are treated differently.

View OriginalReply0

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Changqiao Securities: Actively responding to regulatory guidance from both regions, steadily advancing compliance efforts

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