Tiger Brokers Halts New Mainland China Buy Orders From June 12

Following regulatory measures by the China Securities Regulatory Commission (CSRC) targeting unauthorized cross-border securities activities, Tiger Brokers (Nasdaq: TIGR) announced it will suspend all new stock purchases and additional investments for domestic accounts starting June 12, 2026. Existing domestic accounts will still be able to sell or close positions, while fund withdrawals remain available; deposits will be temporarily blocked.

The company emphasized that its overseas operations, including markets in Singapore and Hong Kong, remain unaffected, and client assets are securely segregated.

This move responds to the CSRC’s May 22 directive, which requires offshore platforms to suspend buy-side trading and fund inflows for domestic investors during the regulatory enforcement period. At the conclusion of this period, affected platforms are expected to shut down domestic websites and trading apps.

Tiger Brokers reported a net loss of $26.9 million in Q1 2026, compared with a $30.4 million profit in the same period last year. The loss was primarily driven by a CSRC Beijing branch fine of approximately RMB 411 million ($59.7 million) for unlicensed cross-border securities and illegal fund and futures trading.

Other platforms, including Futu Holdings and Longbridge Securities, were also fined—Futu facing roughly $271 million in penalties—under similar enforcement actions.

Tiger Brokers stated that it ceased new account openings in mainland China in 2023, with domestic client assets currently representing about 10% of total assets. The firm said it will continue to focus on international markets while assuring investors that domestic client funds are independently held and remain safe.