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Tiger International announces that starting from 6/12, new positions and deposits from investors within China are suspended; existing users can only sell, not buy.
China’s regulatory rectification for cross-border stock trading has entered the final stage of a full dragnet! According to a report by Securities Times, the well-known brokerage firm Tiger Brokers today (the 2nd) issued an official notice. To implement regulatory requirements, starting from June 12, 2026, it will comprehensively suspend services for users in mainland China, including “new opening positions, additional positions” and “fund transfers.” In other words, going forward, mainland users will face strict restrictions of “only selling to close positions, and only withdrawing funds.” However, the official also moved quickly to reassure people, stressing that overseas users are completely unaffected, and that the assets of customers in mainland China are absolutely safe, with smooth withdrawals.
(Background: China has launched what it described as the largest “cross-border tax crackdown” in decades, confiscating over RMB 2.2 billion from Futu and Tiger. Will cryptocurrencies become a pressure outlet for exports?)
(Additional background: China’s first “Regulations on Foreign Investment” take effect in early July—residents and individuals can invest abroad, adding new variables to crypto capital going overseas.)
China’s regulatory rectification targeting cross-border securities businesses has moved into deeper waters. The well-known online brokerage firm Tiger Brokers has officially rolled out its strictest restriction measures for its existing users in mainland China.
According to a report from Securities Times (People’s Financial News) today (June 2, 2026), Tiger Brokers has officially sent out a business adjustment notice to its users. In order to implement industry regulatory requirements over a “2-year concentrated rectification period” and promote the standardized development of cross-border securities business, it will significantly limit services for existing investor accounts within mainland China.
Effective from June 12: Comprehensive suspension of buying and fund deposits
According to the official announcement, this service adjustment will formally take effect from June 12, 2026 (Beijing time). For trading and fund transfer services for users within mainland China, the specific scope of restrictions is as follows:
| Service Items | | --- | | Restriction Measures (Not Allowed) | | Retained Functions (Allowed) | | --- | --- | | Trading Services | | Suspend “new opening” and “adding positions” trading of all products such as stocks | | Only supports sell and close-position operations | | Fund Transfers | | Suspend fund transfers in (no deposits permitted) | | Fund transfer-out function remains normal (normal withdrawals) |
This regulation means that Tiger Brokers’ existing users staying within mainland China will, in the future, face strict restrictions in account operations—“only sell and not buy, only withdraw and not deposit.” In practice, it is essentially equivalent to gradually forcing mainland users to liquidate and withdraw from the cross-border securities market.
Emphasizes that overseas users are unaffected; assets are absolutely safe
In response to potential investor panic, Tiger Brokers specially reassured market sentiment in its notice. The official pledged to do everything possible to safeguard customers’ funds, and clarified that the scope of this adjustment is limited only to “existing investors in mainland China.”
Tiger Brokers emphasized that this set of measures in coordination with regulation will not affect services provided “overseas” to existing investors. The safety of all customers’ existing assets is not affected in any way. Customers in mainland China can still log in to the system at any time to check account balances, review existing holdings, and successfully carry out sell operations and fund withdrawals.