Longbridge Securities has announced significant modifications to its service policies for investor accounts registered within mainland China.
Key Changes in Trading Permissions
Effective immediately, the platform has suspended all new position openings and additional purchases across every trading category—including equities and other financial instruments—for accounts accessed from mainland China.
Clients are now restricted to selling or closing out their existing holdings. This means initiating any new buy orders or increasing current positions is no longer permitted.
Fund Transfer Updates
Additionally, the deposit function for these accounts has been temporarily halted. However, withdrawals to linked bank accounts remain fully operational. The company states that these measures are designed to prioritize client capital security and accessibility.
This adjustment appears to be part of the firm's operational realignment in response to evolving market conditions and regulatory expectations. Account holders are advised to review their portfolios and plan transactions accordingly under these new restrictions.