Futu and Longbridge Clean Up Fake Certification Documents for Account Opening and Dormant Accounts

According to Yicai, Futu and Longbridge have recently cleaned up accounts that used forged documentation for account opening and dormant accounts with no assets or positions, closing both types of accounts. Meanwhile, the Futu Niuniu app has added a quick-access entry titled “Update Identity Information” under the “Account” tab, along with an accompanying notice titled “Notice on Updating Identity Information,” reminding customers that if they hold eligible overseas identity documents, all account-related services—including trading and fund deposits/withdrawals—will remain fully functional after the information update is completed.