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US market maker's insider trading suit against Futu and Tiger Brokers exposes institutions held by Antony Leung and Wu Qinan

07.15 ·Reported ·Importance IV ·Sources 2 ·United States

In July 2026, the insider trading case involving Futu and Tiger Brokers brought by a US market maker entered judicial proceedings, and court records disclosed that the funding chain of the named defendants involved investment institutions controlled by former Hong Kong Financial Secretary Antony Leung and others.

Eight Chinese Departments Including the CSRC Issue Plan to Rectify Illegal Cross-Border Securities Operations, Planning to Penalize Brokerages Like Futu and Tiger

05.22 ·Official claim ·Importance IV ·Sources 2 ·China

On May 22, 2026, eight departments including the China Securities Regulatory Commission (CSRC) jointly issued a plan announcing a two-year campaign to completely ban illegal cross-border securities and futures activities. The plan specifically named Futu Securities, Tiger Brokers, and Longbridge Securities for illegal operations, proposing to confiscate illegal gains and impose fines.

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