Futu Securities and Tiger Securities further close account opening channels for mainland Chinese residents

According to Foresight News, according to the First Financial News, Futu Securities and Tiger Securities have further closed the account opening channels for mainland Chinese residents. Futu Securities must hold overseas permanent residence identity certificates to open an account; Tiger Securities only accepts account openings for customers who hold non-mainland Chinese ID documents.

According to the latest regulatory requirements, the conditions for opening an account in Futu Securities have been changed. Currently, mainland Chinese customers need to hold overseas permanent residence identity certificates when opening an account. Futu Niu Niu customer service emphasized that the company is now undergoing system upgrades, and at this stage only supports customers with Hong Kong or Macau ID cards in China to open accounts; after the system upgrade is completed, customers can use mainland ID cards + overseas permanent residence identity certificates to open accounts. Tiger Securities customer service also stated that in response to the latest regulatory requirements, the company has adjusted the account opening policy for mainland Chinese residents. Since last week, it will no longer accept accounts opening by providing overseas work or life-related certificates, and only accepts customers who hold non-mainland Chinese ID cards to open an account.

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