Futu Holdings Responds to Penalty: Customers’ Account Assets and All Services Remain Unaffected

According to Yicai Global, Futu Holdings’ U.S.-listed shares fell over 40% in pre-market trading. On the news front, China’s Securities Regulatory Commission (CSRC) plans to confiscate all illegal gains generated by Tiger Brokers, Futu Holdings, and Longbridge—both domestically and overseas—and impose strict penalties in accordance with the law. In response, a customer service representative stated that the company has taken note of the relevant regulatory developments and is carefully reviewing the details; it will issue an official response once information is complete. Currently, the company’s business operations remain normal, and customers’ account assets and all services are unaffected.