Futu, Changbiao streamline accounts opened with false documentation and empty accounts

Odaily Planet Daily News Recently, both Futu and Changbiao have initiated cleanups of accounts opened using false certification materials and empty accounts without assets or holdings, closing such accounts. At the same time, the Futu Niu Niu app has added a quick entry for "Update Identity Information" in the "Account" section, along with a corresponding "Explanation on Updating Identity Information," prompting customers that if they hold eligible foreign identity documents, after the information update is completed, various businesses and functions such as account trading and fund withdrawal will not be affected in any way. (Yicai)