Futu responds: The proportion of asset clients in mainland China has dropped to 13%

On May 22, the China Securities Regulatory Commission and the Hong Kong Securities and Futures Commission respectively issued announcements to update guidelines regarding the cross-border securities and futures fund operations of mainland investors. Futu stated that these guidelines and regulations provide unified requirements for the entire industry and that they will steadily advance related compliance work in strict accordance with regulatory agency requirements.
Futu emphasized that it had previously completely stopped opening accounts for mainland identity applicants and has been continuously working to combat fraudulent account openings, rejecting tens of thousands of non-compliant account applications over the past two years. Futu has always actively communicated with regulatory agencies and followed their rectification requirements. As of the end of the first quarter of 2026, the proportion of asset clients from mainland China accounted for only 13% of the total asset clients of the entire group.

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