Securities and Futures Commission of Hong Kong: Licensed Hong Kong Companies Can Still Serve Existing Mainland Chinese Clients, But Cannot Provide Services Within Mainland China

BlockBeats News, June 10th, the Hong Kong Securities and Futures Commission further interpreted the circular issued on May 22nd. In FAQ 9 of the circular, it was mentioned that licensed Hong Kong companies can continue to open new accounts for investors from mainland China (i.e., investors using a Chinese Resident Identity Card and/or Chinese passport as identification), but must comply with all account opening requirements. The Securities and Futures Commission of Hong Kong stated that licensed Hong Kong companies can continue to serve existing clients from mainland China, provided that the services are not provided within mainland China and that they have complied with all relevant laws and regulatory requirements in Hong Kong and the applicable jurisdiction.

The Hong Kong Securities and Futures Commission also noted that it was aware of the notice jointly issued by the mainland Chinese authorities on May 22, 2026, and that the relevant requirements also apply to financial institutions in other jurisdictions (not limited to Hong Kong) when providing services to investors from mainland China. (Securities Times)