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research · [1 source] · · 中文(ZH) 中国证监会拟对老虎、富途、长桥依法严厉处罚

China CSRC to penalize Tiger, Futu, Changqiao for illegal securities business

China's Securities Regulatory Commission (CSRC) has announced its intention to impose severe penalties on Tiger, Futu, and Changqiao. These platforms are accused of illegally conducting securities business within China without the necessary approvals. The CSRC alleges they engaged in marketing, processing trade orders, and other services, violating securities, fund, and futures laws. AI

Summary written by gemini-2.5-flash-lite from 1 source. How we write summaries →

RANK_REASON Regulatory action by a major national financial authority against prominent financial platforms. [lever_c_demoted from significant: ic=1 ai=0.1]

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  1. 36氪 (36Kr) TIER_1 中文(ZH) ·

    China Securities Regulatory Commission plans to severely punish Tiger, Futu, and Changqiao according to law

    36氪获悉,据证监会,老虎、富途、长桥境内外相关主体未经证监会核准,未取得经营证券经纪业务许可、经营证券融资融券业务许可,在境内开展证券交易营销推广、处理交易指令等相关证券业务服务并获取相关收益,违反了《证券法》第一百二十条的规定,构成非法经营证券业务。此外,三家机构境内外相关主体还违反了《证券投资基金法》第九十七条、《期货和衍生品法》第六十三条的规定,构成非法从事公募基金销售业务、非法从事期货经纪业务。上述非法跨境展业行为,违反了我国证券基金期货法律法规,破坏了市场秩序,必须坚决予以打击。依据《证券法》第二百零二条、《证券投资基金法》第一百三十六条、《…