Asia

HONG KONG: Tiger Brokers will bar China-based investors from adding to their positions from Jun 12 when they are physically on the Chinese mainland, the Singapore-headquartered trading firm said in a notice to clients on Tuesday (Jun 2).China had told Tiger and other online brokers Futu and Longbridge to wind down such accounts, which it says are illegal under new tighter regulations introduced on May 27.Tiger’s announcement marks one of the first concrete steps by the brokerage firms to comply with Beijing’s tougher rules.Tiger said in its notice that investors will still be able to buy or sell securities from…

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