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UP Fintech shareholders may claim losses after shares dropped 25% amid China crackdown on cross-border securities.

Market News
18 Aug 2026
PRNewsWire
View Source
Bearish
UP Fintech shareholders may claim losses after shares dropped 25% amid China crackdown on cross-border securities.

UP Fintech Holding Limited shareholders face potential securities claims after the company allegedly issued misleading business information. The share price fell over 25% following China's announcement of a crackdown on illegal cross-border securities trading, which penalized online brokers including UP Fintech. Rosen Law Firm is preparing a class action lawsuit to recover investor losses and invites affected shareholders to join without upfront fees. This legal action highlights risks from regulatory changes impacting Chinese online brokers.

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