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Futu to Suspend Buy Orders for Stocks/ Others, Starting Next Fri
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Futu Holdings Limited (FUTU.US) announced that the company will make corresponding adjustments to its services for existing investors in mainland China, in order to comply with regulatory requirements in mainland China during the two-year rectification period and to promote the standardized development of cross-border securities business. With effect from next Friday (June 12), trading services in mainland China will suspend buy (open position) orders for stocks and all other product categories, while sell (close position) orders will remain unaffected. Fund deposit services will also be suspended. The adjustments will not affect services provided to existing investors outside mainland China, nor will they affect the safety of client assets. Clients may continue to access their accounts, review holdings and sell existing positions as usual. Auto-translated by AI This article was automatically translated by AI, the original language version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation. More Details
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