Today, the China Securities Regulatory Commission (CSRC), together with eight other authorities, issued a notice further clarifying regulatory requirements for cross-border securities, futures and fund-related activities involving Mainland Chinese investors.
Tiger Brokers acknowledges the latest regulatory guidance issued by the authorities and will continue to implement relevant measures in accordance with applicable regulatory requirements.
As a licensed financial institution operating across global markets, compliance has always been a core principle underpinning Tiger Brokers' long-term development. The Company has maintained ongoing communication with regulators in relevant jurisdictions and has continuously adjusted its business operations in accordance with regulatory requirements. Since 2023, the Company has fully ceased opening accounts for users identified as Mainland China residents, and has also suspended related advertising, marketing and promotional activities targeting such users. At the same time, the Company has continued to strengthen account review, identity verification and anti-fraud controls, while focusing its resources and business development efforts on overseas markets.
As of the end of the first quarter of 2026, assets attributable to Mainland China clients accounted for approximately 10% of the Group's total client assets globally. Meanwhile, the Group’s client base has also become increasingly diversified geographically, with continued growth across Singapore, Hong Kong, the US, Australia and New Zealand. This milestone is also in line with the Company's international expansion gaining further momentum.
The latest regulatory guidance applies to all relevant offshore financial institutions. Tiger Brokers will continue to implement the relevant requirements in strict accordance with the latest regulatory guidance, while taking all necessary steps to safeguard client assets and maintain normal market service operations. Client funds are strictly segregated from the Company's operating funds and are held in independent custodial bank accounts in accordance with regulatory requirements. Client holdings in U.S., Hong Kong and Singapore-listed securities are respectively held in custody through the Depository Trust & Clearing Corporation (DTCC), Hong Kong Securities Clearing Company Limited (HKSCC), and The Central Depository (Pte) Limited (CDP) in Singapore. The Company remains fully committed to protecting investor assets and safeguarding clients' lawful rights and interests.
At present, Tiger Brokers' global business operations remain normal and the Company's financial position remains sound. The Company will continue to uphold its compliance-first operating philosophy and, within the legal and regulatory frameworks of the jurisdictions in which it operates, provide safe and reliable financial services to clients worldwide while pursuing long-term sustainable growth.