Netizen Voices: “Money Can’t Get Out, and Neither Can People”

Chinese regulators have restricted cross-border brokerage apps like Futu, Tiger Brokers, and Long Bridge, prohibiting mainland investors from accessing overseas stocks without licenses. The policy, criticized online as limiting both capital and people's mobility, could impact up to HK$250 billion in assets held by mainland investors in Hong Kong. Hong Kong banks now require mainland clients to declare funds originate overseas, tightening capital controls.