Changqiao has adjusted its mainland services in response to new regulations on cross-border securities trading, suspending new position openings and additional position additions.

PANews reported on June 3 that, according to a Changqiao announcement, in order to comply with the China Securities Regulatory Commission's (CSRC) two-year centralized rectification requirements for cross-border securities business, Changqiao will adjust its domestic services for existing investors in mainland China starting June 12: First, it will suspend new openings and additional position additions for all types of securities, including stocks, in accounts within mainland China, retaining only selling and closing operations; second, it will suspend domestic fund inflows, while fund outflows will remain normal. Changqiao emphasized that this adjustment will not affect its services to existing investors outside mainland China, nor will it affect the security of all clients' existing assets. Clients can still check their accounts and hold or sell existing positions normally.

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Author: PA一线

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