Tiger Brokers: Hong Kong entity operates independently

Odaily news on May 22, in response to the China Securities Regulatory Commission's announcement on the rectification and related penalties for illegal cross-border securities, futures, and fund operations, Wang Shan, Chief Operating Officer of Tiger Brokers (Hong Kong) Global Limited, stated that the company is aware of the relevant notice issued by the China Securities Regulatory Commission (CSRC). The company stated that the relevant notice does not directly apply to its Hong Kong entity, which is a licensed corporation holding a license issued by the Hong Kong Securities and Futures Commission (SFC), operating independently and under its supervision. (21st Century Business Herald)