Tiger Brokers to Suspend New Position Opening and Adding for Existing Accounts in Mainland China Starting June 12
nashnova research
Tiger Brokers (老虎国际) announced that starting June 12, all existing mainland China accounts will be barred from opening new positions or adding to existing ones — only selling and closing are allowed. This means → onshore users are effectively locked into a "sell-only" mode as China's two-year cross-border brokerage crackdown moves into enforcement.
What exactly is restricted?
From June 12, 2026, mainland accounts cannot open new positions or add to existing ones in any product — stocks included.
In plain terms = you can sell what you hold, but you cannot buy anything new or top up an old position.
Inbound fund transfers are also suspended; outbound withdrawals remain open — money can leave, but no new money can go in.
Why is this happening now?
Tiger Brokers stated the move is to comply with regulatory requirements during a two-year industry-wide rectification period for cross-border securities services.
This means → this is not a voluntary business decision — it is an industry-level compliance action driven by a regulatory deadline.
The stated goal is to promote "standardized development" of cross-border brokerage — regulators are progressively tightening controls on mainland investors trading through offshore brokers.
Are existing assets and offshore services affected?
Tiger Brokers emphasized that existing assets are safe and unaffected — clients can still view accounts and holdings normally.
Existing investors using Tiger Brokers' services from outside mainland China are not affected by this change.
In plain terms = if you are offshore, nothing changes; if you are onshore, your holdings remain intact and you can sell or withdraw — but the buy button is gone.
What does this mean for onshore investors?
This reflects a material narrowing of cross-border brokers' operating space inside China — moving from a grey-area status to explicit restriction.
For investors with existing holdings, the immediate impact is losing the flexibility to add or rebalance — the only options are to hold passively or sell.
This means → investors who relied on Tiger Brokers or similar platforms to trade US and HK stocks from within China need to reassess their brokerage channel arrangements.
市场有风险，内容仅供研究参考，不构成投资建议。