Tiger Brokers to make app update adjustments in mainland China

TigerBrokers
2023-05-16

Singapore, May 16, 2023 — Starting from May 18, 2023, Tiger Brokers will delist its trading platform 老虎国际 (Tiger Trade) from app stores in mainland China, in a move to adjust the app's update route and comply with the China Securities Regulatory Commission's rectification guidance on the company's cross-border operations in mainland China.

For existing clients in mainland China, the latest adjustment does not affect their use of Tiger Trade, with the company already offering follow-up arrangements for downloading and updating the app. The company remains dedicated to offering high-quality services to existing clients in mainland China, and is in a continuous effort to guarantee their asset security. For new clients in mainland China, starting from December 31, 2022, the company had stopped enrolling new account-opening customers. Moving forward, the company will abide by all applicable rules and regulations in mainland China, and serve its existing clients well.

Tiger Brokers would like to reiterate that the latest adjustments only apply to its users in mainland China. The download, use, and in-app services of Tiger Trade are not affected in other global markets. The company stays compliant with regulatory requirements in all the global markets where it operates, a prerequisite for our commitment to offering the best possible global investing experience.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

  • Hopehope赋予希望
    2023-05-16
    Hopehope赋予希望
    can tiger brokers update us if ibkr, TD Ameritrade, Robinhood, etoro, other Hong Kong brokers have any trading app in china app store
  • StreetCat
    2023-05-16
    StreetCat
    Please make this is the last news for this century old issue!  🙏🙏🙏🙏🙏🙏🙏🙏🙏🙏🙏🙏🙏🙏🙏🙏🙏🙏🙏🙏🙏🙏🙏🙏🙏🙏🙏🙏🙏🙏🙏🙏🙏
  • BernardLL
    2023-05-16
    BernardLL
    Only affect new users in China. Have impact for sure
  • CORELONE
    2023-05-16
    CORELONE
    Financial impact should be limited
  • Jason1616
    2023-05-21
    Jason1616
    Looks like revenue impact for tigr
  • Kritz_
    2023-05-18
    Kritz_
    anymore bad news ?
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