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Wealth Manager Response: Mainland China Asset Share Client Number Drops to 13%

On May 22, BlockBeats News reported that the China Securities Regulatory Commission and the Hong Kong Securities and Futures Commission separately issued notices regarding guidance updates on the cross-border securities and futures fund management activities for mainland investors. Futu stated that these guidelines and regulations represent a unified requirement for the entire industry and will steadily advance relevant compliance work in strict accordance with regulatory requirements.

Futu emphasized that it had already completely ceased opening accounts for mainland applicants and had been continuously working to combat fraudulent account openings, rejecting tens of thousands of non-compliant account opening applications over the past two years. Futu has always actively communicated with regulatory agencies and complied with their rectification requirements. As of the end of the first quarter of 2026, the proportion of mainland Chinese asset customers to the total asset customer base of the entire group has decreased to 13%.

Fuente:BlockBeats

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