Futu Holdings to Suspend Buy Orders and Fund Inflows for Mainland China Clients Starting June 12

Stock News
06/04

Futu Holdings Limited, the operator of the popular trading platform, has announced a service adjustment for its existing clients based in mainland China. The move is part of the company's efforts to comply with regulatory requirements during a two-year industry-wide rectification period, aiming to promote the standardized development of cross-border securities business.

Effective from June 12, 2026, Beijing Time, the platform will suspend all buy-side transactions, including opening new positions in stocks and other products, for clients within mainland China. However, sell-side transactions to close existing positions will remain unaffected. The company will also halt all fund deposit services for these clients.

In a notice to its customers, the company expressed gratitude for their continued trust and support. It clarified that these adjustments are specific to services provided within mainland China and are designed to align with the ongoing regulatory framework.

The company assured clients that this adjustment will not impact the services provided to existing investors outside of mainland China, nor will it affect the safety of their assets. Clients will continue to have normal access to their accounts for queries and can still view and sell their existing holdings without interruption.

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