Wealth management response: 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 Regulatory Commission respectively issued notices updating guidelines on the operation of cross-border securities and futures funds by mainland investors. Futu stated that these guidelines and norms represent unified requirements for the entire industry, and they will steadily advance relevant compliance work in accordance with the requirements of regulatory authorities. Futu emphasized that they had previously completely stopped opening accounts for mainland applicants and had been making continuous efforts to crack down on fraudulent account openings, rejecting tens of thousands of non-compliant account opening applications over the past two years. Futu has been actively communicating with regulatory authorities and complying with regulatory requirements for rectification. As of the end of the first quarter of 2026, the proportion of mainland Chinese asset customers to the total number of asset customers in the entire group has decreased to 13%.