Tiger International clarifies: it has not "confronted the regulators" and will strictly rectify according to the guidance of the regulatory authorities
According to a report by Cai Lian She, Tiger International issued a statement clarifying that recent remarks about its "refusal to cooperate with regulators" or "confronting regulators" are completely inconsistent with the facts.
The company stated that compliance is the lifeline of its operations. In response to the latest regulatory requirements put forward by regulatory agencies, the company will strictly rectify in accordance with the guidance of the China Securities Regulatory Commission and relevant regulatory departments. Starting in 2023, the company has fully stopped opening accounts and marketing to mainland users, and by the end of the first quarter of 2026, the proportion of assets from mainland clients is expected to be about 10%. The client and asset scale in overseas markets is steadily growing, and the company will steadily advance compliance work to ensure the safety of client assets.
-- Price
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