Guotai Junan International restricts deposits and purchases from mainland stock investors' accounts, only allowing withdrawals and sales

Starting from September 26th, Guotai Junan International will adjust the accounts of existing investors in mainland China. The login IP shows that accounts in mainland China cannot deposit or buy, and can only withdraw and sell. If the IP shows overseas, it will not be affected. Futu, Tiger, Changqiao, and Huasheng Securities have made initial adjustments. According to the Implementation Plan for Comprehensive Rectification of Illegal Cross border Securities and Futures Fund Operations by Eight Departments, during the 2-year centralized rectification period, only one-way sales and fund transfers are allowed, and domestic services will be fully shut down after the expiration of the period. (Source: First Financial)