$Futu Holdings Ltd (FUTU.US)$ if Chinese investors are inter...

understanding Antelo : you made things sound so simple,
there has been curbing on corruption and many other illegal activities and these people have been seeking ways for money laundering the Chinese govt trying to curb and stop every means they can. that's why they banned Crypto there. it's not that easy, they trying to cover as many grey area as possible

Me小马 understanding Antelo: It's true, and the methods are so clever that no one will notice, but VPNs are a solution

道魔祖師 Me小马: No need to use vpn. Just go to HK and open a bank account there, then you can trade. Money laundering is use the bank from China to traffer money to the bank outside China. The way trading stock, thry have to send the money to the brokerage then transfer monry to the account from bank outside China. Why need to use vpn.

Me小马 道魔祖師: Now we are discussing how to register and use a MoMoo account in the mainland.

道魔祖師 understanding Antelo: Okay. Try to transfer money from a country to other bank outside that country, then you will understand what i said. Its not only China has that restriction, any banks on this world are working as the same rule, same policy.

paladinsirOP : Hong Kong is part of China, less restrictions.

Me小马 paladinsirOP: However, the mainland is now restricting the registration of new Futu users

paladinsirOP Me小马: Use VPN and register in HK

Me小马 paladinsirOP: I think the same way, because I already saw houses in Wan Chai in November and am ready to go back to Hong Kong after the year. After all, I just came back to the US, so I don't have to register again.

滴水石穿 paladinsirOP: Uh, Futu does have a lot of restrictions now, but it doesn't affect usage, it's just a bit more troublesome