Tiger Securities to suspend investors in mainland China from adding new positions
Tiger Securities will bar mainland China-based investors from adding to their positions from June 12, following Chinese authorities' order to wind down such trades due to new regulations.
Tiger Securities brokers will bar mainland China-based investors from adding to their positions from June 12, the trading firm said in a notice to users Tuesday.
Chinese authorities had told Tiger to wind down such trades, which it says are illegal under new tighter regulations introduced on May 27.
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)
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