Futu Announces Service Adjustments for Mainland Accounts
In response to evolving regulatory frameworks for cross-border securities, Futu Securities has announced modifications to its services for mainland-based accounts. Effective June 12, 2026, the following changes will be implemented:
- Trading Restrictions: All existing accounts registered in mainland China will have buy orders (new positions) suspended for stocks, funds, and other products.
- Funding Adjustments: Deposit services into these accounts will be paused, while withdrawals and fund transfers out remain operational.
- Service Scope: These changes apply only to mainland-based services; accounts and operations conducted outside China will continue without interruption.
Futu stated that this move aligns with a two-year industry-wide compliance initiative, aiming to standardize cross-border investment practices. Sell orders (position closing) for existing holdings will still be processed, ensuring investors maintain liquidity.
Implications and Guidance for Investors
The adjustment primarily impacts users who regularly initiate new positions through mainland channels. Investors are advised to:
- Plan near-term trading activities ahead of the effective date.
- Review current portfolio allocations and manage existing holdings appropriately.
- Explore alternative channels via overseas account services if applicable.
Market analysts note that such adjustments reflect broader global trends toward stricter cross-border financial compliance. Futu emphasized its commitment to refining service structures, aiming to provide a more stable investment environment within regulatory guidelines.