Futu, Tiger Brokers, Longbridge —
three offshore brokers, named on the same day.
The charge: unauthorized cross-border brokerage business.
At the pre-market open:
👉 Futu -35%
👉 Tiger -47%
👉 Longbridge crashing right along with them
Painful to even look at.
But don’t rush to panic.
Let’s rewind to 2023.
On December 30th that year,
Futu dropped -31% in a single day.
Same exact reason: CSRC labeling it “illegal cross-border business.”
That time was a ⚠️ warning.
This time, th...