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The New Landscape of Cross-Border Wealth Management: A Comprehensive Analysis from the Futu Penalty to Compliance Pathways
On May 22, 2026, a penalty notice from the China Securities Regulatory Commission (CSRC) sent shockwaves through domestic and overseas financial markets. Futu Holdings faces a proposed fine of 1.85 billion yuan, Tiger Brokers was fined and had illicit gains confiscated totaling approximately 411 million yuan, and Longbridge Securities was also placed under official investigation. With these three prominent cross-border brokerages simultaneously named, the pre-market US shares

FOFA
Jun 279 min read


Hong Kongers! Don't Stay Anchored in Victoria Harbour: How to Set Sail Overseas? — 2026 Overseas Investment Practices and Strategies for Hong Kongers
Disclaimer : The content of this webpage is not an investment advice and does not constitute any offer or solicitation to offer or recommendation of any investment product. At the crossroads of globalization and geopolitical restructuring, Hong Kongers in 2026 are looking overseas for asset, career, and family planning more frequently than ever before. This is not merely an escape or a hedging tactic, but a rational choice in pursuit of opportunities, diversification, and lon

FOFA
Apr 184 min read


The "Price-to-Dream Ratio" Era of AI Investment: Revelations from the Global Frenzy to China's Twin Stars
Based on the deep integration of Tencent Tech's "Global Investors Are Pushing Large Model Companies to a 'Price-to-Dream Ratio'" and Silicon-Based Lab's "Are the 400-Billion-Valued Zhipu and MiniMax Relying on Just Two Formulas?" I. Phenomenon: An Unprecedented Valuation Revolution In 2026, the global capital market is witnessing a bizarre "valuation revolution"—large model companies that are not yet profitable and continue to incur massive losses are hitting trillion-dollar

Dr Frederick Wong
Apr 86 min read
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