The latest crackdown... Trading apps / brokerages that allow US stock trading.
https://www.reuters.com/world/china/...aw-2021-10-28/A Chinese central banker warned that online brokerages not licensed in China are acting illegally if they serve Chinese clients via the Internet, sending New York-listed shares of Futu Holdings Ltd (FUTU.O) and UP Fintech Holding sharply lower.
"Cross-border online brokerages are driving in China without a driver's license. They're conducting illegal financial activities," Sun Tianqi, head of the Financial Stability Department of the People's Bank of China (PBOC), said in a speech, according to a transcript released on Wednesday.
https://www.thestandard.com.hk/secti...e-with-Beijing