Tiger Securities to suspend investors in mainland China from adding new positions

Tiger Securities will bar mainland China-based investors from adding to their positions from June 12, following Chinese authorities' order to wind down such trades due to new regulations.

‌Tiger Securities ​brokers will bar mainland ‌China-based investors from adding to their positions from ‌June 12, the ‌trading firm said in a ⁠notice ​to users ⁠Tuesday.

Chinese authorities had told ⁠Tiger to wind down ​such trades, which it ⁠says are illegal ⁠under ​new tighter regulations introduced on May ⁠27.