$Tiger Brokers(TIGR)$ China Securities Regulator Says Futu, Up Fintech Have Conducted Illegal Securities Business; Said Plans to Ask Futu and Up Fintech to Take Corrective Measures.
Again China govt tried to put their hands in. But after a couple weeks they will recover as always. So far no concrete news about this headline. But if you google you will see it.
O guess that's what caused the 30% drop premarket.
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