Changqiao has announced adjustments to its mainland China services in response to new regulations by the China Securities Regulatory Commission (CSRC) concerning cross-border securities trading. Effective June 12, Changqiao will suspend the opening of new positions and the addition of positions for all securities types, including stocks, in mainland China accounts. Only selling and closing operations will be permitted.
Additionally, Changqiao will halt domestic fund inflows, although fund outflows will continue as usual. The company assured that these changes will not impact services for investors outside mainland China or the security of existing assets. Clients can still access their accounts and manage existing positions normally.
Changqiao Suspends New Securities Positions in Mainland China Amid Regulatory Changes
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