The China Securities Regulatory Commission (CSRC) will impose penalties on Tiger, Futu, and Changqiao for their new investment in the US stock market through QDII and Crypto options, and will limit all business dealings with domestic investors to two years. This is basically an ultimatum, completely blocking the path for domestic investors to invest in Hong Kong and US stocks through cross-border brokerage platforms. Previously, only new users were not allowed to register, but now it is necessary to clear all existing users as well. The matter has become a foregone conclusion, and now everyone needs to consider which path to continue investing in the US stock market. There's nothing we can do, Big A dare not play. Crypto is currently in a period of decline, and there aren't many markets to play in besides the US stock market at this stage. For ordinary domestic investors, the only way to invest in US stocks is to buy QDII funds. Compliant, but with limits, I think most of them limit daily purchases to only 10 or 100 yuan ， A small portion is limited to 5000 yuan. If you have small funds, you can consider investing through this channel. For Crypto users, there is another way to choose, which is through US stock tokens and US stock contracts. This type of CEX, represented by Bitget, is actually being developed. US stock tokens are 1:1 mapped real stocks issued by RWA platforms such as Ondo, and also have rights such as dividends. In terms of US stock contracts, they are pure derivatives. For Crypto users, investing in the US stock market does have significant advantages, especially in the current situation where the path of cross-border securities firms is being cut off. Taking Bitget as an example: ◎ Domestic identity KYC is sufficient, directly trading multiple markets such as Crypto, US stocks, commodities, etc. with stablecoins. You can seamlessly switch between any market you want to play. Both spot and contract options are available, and the depth is also decent. The transaction fee is not high, and it can be traded 24/7. You can also make pre IPO investments. The pre IPO IPOs of SpaceX and OpenAI, like Bitget, have increased by 45% and 33% respectively compared to the IPO price, and the profits are quite good. It can be foreseen that as cross-border brokerage channels are completely blocked, a large number of domestic investors will need to seek alternative investment channels in the US stock market. The capacity of QDII pipeline is limited, so there will definitely be a lot of funds going through the Crypto channel. Next, there should be a significant increase in trading volume of US stocks (US stock tokens+US stock contracts) on Crypto. Buy US stocks, choose Bitget first