Asset icon - trade crypto, stocks, and gold on Pluang
Trade on Pluang
One platform for all markets
Download

Futu faces securities fraud probe after Chinese regulators penalize unlicensed operations.

Market News
26 May 2026
PRNewsWire
View Source
Bearish
pluang ai news

Ademi LLP is investigating Futu for possible securities fraud related to inaccurate financial statements and business claims. This follows a May 22, 2026 notice from Chinese regulators penalizing Futu for conducting securities business in mainland China without proper licenses. The investigation could impact Futu's reputation and investor confidence as legal scrutiny intensifies. Investors should watch for updates on the case and any potential financial repercussions for Futu.

More News (FUTU)

Futu Holdings faces class action over alleged misleading info after China crackdown news.

Futu Holdings faces class action over alleged misleading info after China crackdown news.

Rosen Law Firm is investigating potential securities claims against Futu Holdings following allegations that the company issued misleading business information. The probe comes after China announced a crackdown on brokers, including Futu, for operati...

Market News
Bearish
2 days ago
Futu repurchases $160M in shares under its ongoing buyback program.

Futu repurchases $160M in shares under its ongoing buyback program.

Futu Holdings Limited announced it has repurchased approximately $160 million worth of its American depositary shares as part of its share repurchase program initiated in November 2025. This move reflects the company's strategy to enhance shareholder...

Company Fundamentals
Bullish
4 days ago
Futu Holdings shares drop 30% after China regulator fines and investigates unlicensed activities

Futu Holdings shares drop 30% after China regulator fines and investigates unlicensed activities

Futu Holdings Ltd.'s stock plunged over 30% following a notice from the China Securities Regulatory Commission (CSRC) about unlicensed securities and futures business conducted by its entities in China and Hong Kong. The CSRC proposed penalties total...

Market News
Bearish
4 days ago
Futu Holdings faces investigation by China regulator, shares drop after notice of probe.

Futu Holdings faces investigation by China regulator, shares drop after notice of probe.

Futu Holdings Limited announced it received a Notice of Investigation and an Administrative Penalty Pre-Notification Letter from the China Securities Regulatory Commission related to its operations in mainland China. This regulatory action caused a d...

Market News
Bearish
4 days ago
Futu faces $271M fine from China over unlicensed securities and futures business.

Futu faces $271M fine from China over unlicensed securities and futures business.

Futu Holdings Limited received a notice and pre-penalty letter from the China Securities Regulatory Commission (CSRC) for conducting securities, fund sales, and futures business in mainland China without proper licenses. The CSRC proposes fines total...

Market News
Bearish
4 days ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App