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China probes three major brokers in crackdown on 'illegal' cross-border trade

Source: Channelnewsasia

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<p>The Chinese regulator says it will impose penalties on Hong Kong-registered brokers Longbridge and Futu, which owns online platform MooMoo, as well as New Zealand-registered Tiger Brokers.</p> <p>BEIJING: China's market regulator announced a sweeping investigation on Friday (May 22) against three

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