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Futu responds: The proportion of clients with assets in mainland China has fallen to 13%
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On May 22, according to Securities Times, the China Securities Regulatory Commission and the Hong Kong Securities and Futures Commission issued notices respectively on May 22, updating the guidelines for cross-border securities, futures, and fund business activities for mainland investors. Futu responded that these guidelines and regulations are unified requirements for the entire industry, and we will strictly follow the requirements of the regulatory authorities to steadily advance relevant compliance work. Futu emphasized that it had already completely stopped opening accounts for applicants with mainland identity and has been continuously working to combat fraudulent account openings, rejecting tens of thousands of account opening applications that did not comply with regulations in the past two years. Futu has always actively communicated with regulatory authorities and followed their rectification requirements. As of the end of the first quarter of 2026, the proportion of customers with assets in mainland China to the total number of customers with assets in the entire group has dropped to 13%.