Search results for Futu Securities
Finance
Deposit tokens push into payment networks, accelerate capital market overhaul
Deposit-token trials are spreading from payment gateways and merchant networks to cross-border payments, shifting the commercialisation race from issuance to where tokens can be used. Payment and settlement at the same time could cut small merchants’ fees and settlement periods. Inclusive finance is expanding by borrower type as banks tailor products and fintechs support fees. Regulators are weighing tighter limits on single-stock leveraged products. Market reforms also tighten scrutiny of duplicate listings and low-PBR firms.
Finance
Hana Securities launches foreign integrated account trading with Futu Securities
Hana Securities has started foreign integrated account trading with Hong Kong financial platform Futu Securities, aiming to broaden Asian investors\' access to South Korea\'s stock market. The scheme lets non-resident foreigners trade and settle Korean shares through their local broker without opening a separate account at a Korean securities firm. Hana Securities said it plans to expand the service to other brokers, including Citic Securities in Hong Kong and Wedbush Securities in the United States.
Crypto
China online brokerage crackdown puts USDT in focus as backdoor route for overseas stocks re-emerges
China\'s securities regulator has begun sanction procedures against online brokerages including Tiger Brokers, Futu and Longbridge for offering services to mainland clients without approval, and ordered a wind-down over 2 years. Existing users can only sell assets and withdraw funds during the period, while new deposits and buy orders have been halted. The move has renewed attention on USDT as a potential route for shifting funds, though regulators have also expanded oversight of stablecoins.