According to TechFlow TechFlow, on May 22, Uplink Securities (formerly Tiger Brokers) announced that on May 22, 2026, some of its subsidiaries received a notice from the Beijing Regulatory Bureau of the China Securities Regulatory Commission (CSRC), indicating that the CSRC Beijing Regulatory Bureau had launched an investigation into their suspected illegal activities in the securities, fund and futures business, and found that these subsidiaries had conducted unlicensed cross-border securities business and illegal fund and futures-related activities in mainland China.
According to the investigation results, the Beijing Regulatory Bureau of the China Securities Regulatory Commission (CSRC) imposed administrative penalties totaling approximately RMB 308.1 million and confiscated illegal gains totaling approximately RMB 103.1 million. Mr. Wu Tianhua, the company's director, CEO, and actual controller, also received a warning and was fined RMB 1.25 million. As of the end of 2025, retail customer assets in mainland China accounted for approximately 10% of the company's total customer assets in its consolidated financial statements. (Jinshi Data APP)
