Beijing, May 22, 2026 (AFP) - China probes 'illegal' brokers in cross-border trade crackdown

NAMPA / AFP

2026-05-22

China's market regulator announced a sweeping investigation on Friday against three major brokers running cross-border trading, as it launched a two-year crackdown on investment leaving the country. China does not allow private individuals to directly invest in overseas markets, requiring them to trade assets only through approved third-party channels. However, regulations differ in the semi-autonomous city Hong Kong, and some brokers have been a......

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