Tiger Brokers stated that its Hong Kong entity operates independently, and the relevant notice from the China Securities Regulatory Commission does not directly apply to the Hong Kong entity.

BlockBeats News, May 22nd - In response to the China Securities Regulatory Commission's announcement regarding the crackdown on illegal cross-border securities and futures fund management activities and related penalties, Tiger Brokers (Hong Kong) Global Limited Chief Operating Officer Wang Shan stated that the company is aware of the relevant notice issued by the China Securities Regulatory Commission (CSRC). The company stated that the notice does not directly apply to its Hong Kong entity, as the company holds a license from the Securities and Futures Commission (SFC) of Hong Kong, operates independently, and is regulated by the SFC. (21 Finance)