Futu responds: Proportion of clients with assets in mainland China has dropped to 13%
2026-05-22 10:07
Odaily Planet Daily News: Futu responds that it has fully ceased opening accounts for applicants with mainland China identities and has been continuously working to combat fraudulent account openings. Over the past two years, it has rejected tens of thousands of account applications that did not meet the rules.
Futu has always actively communicated with regulatory authorities and followed their rectification requirements. As of the end of the first quarter of 2026, the number of clients with assets in mainland China as a proportion of the total number of clients with assets across the group has dropped to 13%. (Securities Times)
