More than three months after the first batch of brokerage actions, a number of Chinese brokerage firms in Hong Kong issued notices to mainland investors, reminding them that relevant services will be adjusted in accordance with regulatory requirements, and that the transactions and financial services of stock investors trading in the Mainland in Hong Kong will be restricted. Currently, Hong Kong institutions such as Cathay Pacific Junan International, Guoxin Securities Hong Kong, Shenwan Hongyuan Securities Hong Kong and Shenwan Hongyuan Futures Hong Kong, CITIC Construction Investment International, CITIC Futures International, Dongwu Securities International, and Guodu Hong Kong have all made relevant arrangements. Industry insiders believe that such adjustments are a continuation of the tightening of supervision of illegal cross-border securities and futures fund operations by mainland and Hong Kong regulators in May. Judging from the notices issued to clients by many Chinese brokerage firms in Hong Kong, although the execution time varies, the regulatory intentions are consistent. Many institutions have suspended buying or opening transactions and fund transfers, while retaining functions such as selling or closing positions, account inquiries, position viewing, and fund transfers.

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