Futu Holdings LtdChina announced a crackdown on illegal cross-border securities, naming Futu among brokers to be penalized for soliciting business without an onshore license.

The Rosen Law Firm is investigating potential securities claims on behalf of Futu Holdings Limited shareholders, alleging the company may have issued materially misleading business information. The investigation follows a May 22, 2026 Reuters report that China announced a crackdown on illegal cross-border securities, naming Futu among brokers to be penalized for soliciting business without an onshore license. Futu's American Depositary Shares fell 27.5% on that news. The law firm is preparing a class action to recover investor losses and encourages affected shareholders to contact them.
Futu Holdings LtdChina announced a crackdown on illegal cross-border securities, naming Futu among brokers to be penalized for soliciting business without an onshore license.