According to Futu on May 22, the China Securities Regulatory Commission and Hong Kong Securities Regulatory Commission issued updated guidance on cross-border securities, futures, and fund activities by mainland investors. Futu stated it will strictly comply with regulatory requirements and enforce related compliance measures.
The company emphasized it has ceased onboarding applicants with mainland China identification and rejected tens of thousands of non-compliant account applications over the past two years. As of end of Q1 2026, mainland China clients with assets represent 13% of Futu's total client base, down from higher levels.