The story of a decade of cross-border internet brokerage has come to an end.



Futu Tiger has proved over 10 years one thing: the demand among Chinese people to buy U.S. stocks is real, massive, and unstoppable.

The only question now is this: in the next decade, who will take over this demand?

For more than 1 million people, their U.S. stock accounts have become a one-way street—outbound only, no inbound.

On May 22, the China Securities Regulatory Commission together with eight other departments delivered the final ruling. Futu was fined 1.85 billion, and Tiger was fined…
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned