Tiger Brokers to Remove Cross-Border Trading App in China
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2023-05-16 18:21
Up Fintech Holding, also known as Tiger Brokers, said it will remove its trading platform from mainland China

Up Fintech Holding, also known as Tiger Brokers, said it will remove its trading platform from mainland China app stores from Thursday as Beijing takes a harder stance on capital flows out of the country.

Tiger Brokers said in a statement Tuesday that the move was to “comply with the China Securities Regulatory Commission’s rectification guidance on the company’s cross-border operations in mainland China.” Existing clients will continue to be serviced and international operations will remain as normal.

--With assistance from Kiuyan Wong.

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