EconomyChinese brokerages fall in line with Beijing crackdown on overseas stock trading
After regulators began a crackdown months ago, including fines against Tiger Brokers and Futu Securities International, some Chinese brokerages are cleaning up non-compliant overseas stock trading by mainland investors. Orient Securities says mainland clients with accounts at its Hong Kong unit will be barred from buying stocks or transferring funds from Wednesday.
Chinese brokerages fall in line with Beijing crackdown on overseas stock trading
Economy