Hong Kong SFC Clarifies Mainland Client Access for Licensed Firms

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The Hong Kong SFC clarified that licensed Hong Kong firms may continue serving existing mainland Chinese clients outside mainland China. The FAQ for the May 22 circular says firms can continue opening new accounts for mainland Chinese investors if all account opening requirements are met. The SFC said firms must comply with Hong Kong rules and applicable laws in relevant jurisdictions. The SFC also noted that a May 22, 2026 mainland Chinese notice applies to financial institutions in other jurisdictions.
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