{"id":466449,"date":"2026-06-08T06:27:08","date_gmt":"2026-06-08T06:27:08","guid":{"rendered":"https:\/\/www.newsbeep.com\/nz\/466449\/"},"modified":"2026-06-08T06:27:08","modified_gmt":"2026-06-08T06:27:08","slug":"tiger-brokers-fined-by-china-securities-regulatory-commission-for-illegal-activities","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/nz\/466449\/","title":{"rendered":"Tiger Brokers fined by China Securities Regulatory Commission for illegal activities"},"content":{"rendered":"

Nona Pelletier<\/p>\n

RNZ\u00b7<\/p>\n

8 Jun, 2026 01:12 AM2 mins to read<\/p>\n

Subscribe to listenAccess to Herald Premium articles require a Premium subscription. Subscribe now to listen.Subscribe now<\/p>\n

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The $100m penalty from the China Securities Regulatory Commission is the biggest against a New Zealand business. Photo \/ Getty Images<\/p>\n

New Zealand\u2019s largest online brokerage firm, Tiger Brokers, has been fined more than $100 million (US$60m) by the China Securities Regulatory Commission (CSRC), as part of a broader crackdown on illegal cross-border securities activities.<\/p>\n

\n Tiger\u2019s recent first-quarter report for the 2026
\n year indicated it had made provision to pay the fine, the largest-ever levied against a New Zealand business, resulting in an underlying first-quarter loss of US$26.9m.\n <\/p>\n

Hong Kong-based brokerage firms Longbridge Financial and Futu Securities International, trading as Moomoo in New Zealand, were also fined with Tiger Brokers<\/a>, which was established in New Zealand more than 10 years ago.<\/p>\n

Tiger, part of a group of companies owned by Nasdaq-listed Up Fintech, had worked to comply with China\u2019s legislation introduced May 27, and had already suspended investors in China from opening accounts or adding new positions from June 12.<\/p>\n","protected":false},"excerpt":{"rendered":"Nona Pelletier RNZ\u00b7 8 Jun, 2026 01:12 AM2 mins to read Subscribe to listenAccess to Herald Premium articles…\n","protected":false},"author":2,"featured_media":466450,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[73010,47785,138,3595,607,2371,19631,2082,16484,111,139,21353,69,45125,12717,29039,22888],"class_list":["post-466449","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-activities","tag-brokers","tag-business","tag-by","tag-china","tag-commission","tag-fined","tag-for","tag-illegal","tag-new-zealand","tag-newzealand","tag-nona","tag-nz","tag-pelletier","tag-regulatory","tag-securities","tag-tiger"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/466449","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/comments?post=466449"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/466449\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media\/466450"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media?parent=466449"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/categories?post=466449"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/tags?post=466449"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}