Huasheng restricts Mainland clients as China broker crackdown spreads

The ongoing efforts by China to curb illegal activities related to cross-border brokers have extended to other companies apart from the three mentioned last month (Futu, Tiger, and Longbridge). According to the First Financial (Yicai) report on June 6, Huasheng Securities notified its customers that effective June 15 in Beijing time, it would suspend all...