Haina International Group sues 100 people for using insider information to short sell Tiger Securities and Futu Holdings, profiting over $100 million
On June 29, 2026, Haina International Group filed a lawsuit in the Manhattan Federal Court in New York, accusing hundreds of people of allegedly learning in advance of China's regulatory action on May 22 and profiting over $100 million from the large-scale purchase of put options on Tiger Securities and Futu Holdings. According to Bloomberg, a Manhattan federal court judge has ordered the freezing of relevant accounts and issued subpoenas to securities firms.