Investors in Futu Holdings may claim losses after shares plunged 27.5% on crackdown news.

The Rosen Law Firm is investigating potential securities claims against Futu Holdings after the company’s shares dropped 27.5% following a Reuters report about China's crackdown on unlicensed cross-border brokers, including Futu. The firm is preparing a class action for investors who purchased Futu securities and may be entitled to compensation without upfront fees. This legal move follows allegations that Futu issued misleading business information to the public. Investors interested in joining the class action can contact the Rosen Law Firm for more information.