China to Penalize Tiger, Futu in Cross-Border Flow Crackdown

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Bloomberg Markets 19 hours ago • bloomberg.com

China to Penalize Tiger, Futu in Cross-Border Flow Crackdown

China’s securities regulator plans to penalize Futu Holdings Ltd., UP Fintech Holding Ltd.’s Tiger Brokers and Longbridge Securities Ltd. for operating on the mainland without a license, marking a sharp escalation in a y…

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