China cracks down on brokers for illegal cross-border stock trading

Three brokers, including Hong Kong’s largest online brokerage Futu, have been heavily penalised by Chinese regulators, in an effort to clean up market misconduct and to curb illegal outflows.

May 26, 2026 - 14:00
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China cracks down on brokers for illegal cross-border stock trading
Three brokers, including Hong Kong’s largest online brokerage Futu, have been heavily penalised by Chinese regulators, in an effort to clean up market misconduct and to curb illegal outflows.

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