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Tiger International: Starting June 12, trading of new opening positions and additional positions in all varieties within China will be suspended for existing investor accounts.
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On June 2nd, according to a report by Renmin Caixun, Tiger International announced that in order to implement the industry regulatory requirements for a two-year rectification period, it will adjust its cross-border securities services provided to existing investors within mainland China. Starting from June 12th, the company's trading services within the territory will suspend new opening and additional positions for all products, including stocks, and will only retain sell and close-out operations. In terms of fund services, fund deposits will be suspended, while fund withdrawals will remain normal to ensure the safety of customer funds. Tiger International stated that this adjustment will not affect the services provided to existing investors overseas, nor will it affect the safety of all customers' existing assets. Account inquiry and position selling functions will remain normal.