Futu: Starting June 12, suspend buy (open) transactions for existing accounts in mainland China

On June 4th, Futu Holdings announced that in order to implement the industry regulatory requirements of the 2-year rectification period and promote the standardized development of cross-border securities business, it will make corresponding adjustments to its services for existing investors in mainland China. Starting from June 12, 2026 (Beijing time): Investment accounts will have the following adjustments: 1. Mainland China trading services: Buying (opening positions) for stocks and all other varieties will be suspended; selling (closing positions) will not be affected. 2. Mainland China fund transfer services: Fund deposit services will be suspended.