Huasheng Securities Halts New Positions From Mainland China Starting June 15

According to BlockBeats on June 6, Huasheng Securities announced it will suspend new trades and fund inflows from mainland China effective June 15, joining Futu, Tiger Brokers, and Longbridge in cleaning up domestic business.

The broker will halt new positions and add-ons for all products, permitting only sell and close-out operations. Fund and securities transfers into mainland China will pause, while outbound transfers remain normal. The company attributed the move to regulatory requirements and said it does not affect services to overseas clients or existing client assets.