On May 22, in response to the China Securities Regulatory Commission's (CSRC) announcement regarding the rectification of illegal cross-border securities and futures fund operations and related penalties, 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 CSRC. The company clarified that the notice does not directly apply to its Hong Kong entity, which operates independently and is regulated as a licensed corporation holding a license issued by the Hong Kong Securities and Futures Commission (SFC). (21st Century Business Herald)
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