TechFlow News, May 22: According to Lanjing News, the China Securities Regulatory Commission (CSRC) announced on May 22 that it has initiated an investigation into Tiger Brokers (NZ) Limited, Futu Securities International (Hong Kong) Limited, and Longbridge Securities (Hong Kong) Limited—and their related domestic and overseas entities—for illegally conducting securities business within mainland China, and has issued a prior notice of administrative penalties. Tiger Brokers responded, “The company has noted the relevant notification and will fully cooperate with the regulatory authorities in accordance with regulatory requirements. Currently, all of the company’s business operations are running normally. Compliance remains Tiger Brokers’ top priority, and we continue to maintain close communication with regulatory authorities.”
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