BlockBeats News, May 22. Previously, the China Securities Regulatory Commission announced that it had initiated investigations into the onshore and offshore entities of Tiger Brokers (NZ) Limited, Futu Securities International (Hong Kong) Limited, and Changqiao Securities (Hong Kong) Limited for their illegal securities business operations in China, and issued a preliminary notice of administrative penalties.

In response, Tiger stated: "The company has taken note of the relevant notice and will actively cooperate with the regulatory requirements. Currently, all of the company's operations are running normally. Tiger has always prioritized compliance and maintained close communication with regulatory agencies."