CHINA is taking a tougher stance on capital flows out of the country as the nation’s two leading cross-border online brokerages decided to remove their trading platforms from app stores in the mainland, reports Bloomberg. Futu Holdings and Up Fintech Holding, also known as Tiger Brokers, said that the move was to comply with the Chinese securities regulator’s requirements on cross-border brokerage businesses. Futu’s app Futubull will be removed and Tiger Brokers’ app will also be taken down....
https://www.seanews.com.tr/leading-china-brokers-pull-out-of-the-country-capital-flow-apps/196821/