[After Futu, Tiger, and Longbridge, Huasheng Securities, which was not 'named,' will also clean up its mainland China business] BlockBeats News, June 6: Following Futu, Tiger, and Longbridge, another cross-border brokerage has announced the cleanup of its existing business in mainland China. On the morning of June 6, Huasheng Securities issued a notice to its clients stating that, starting from June 15 (Beijing time), it will make corresponding adjustments to the services for existing investor accounts in mainland China: 1. Mainland China trading services: All new positions and additional positions in stocks and other instruments will be suspended, with only sell and close-out operations supported. 2. Mainland China fund transfer services: The transfer-in function for funds and securities will be suspended, while the transfer-out function will remain normal. The notice indicates that this adjustment is to comply with the regulatory requirements of the two-year concentrated rectification period, promote the standardized development of cross-border securities business, and emphasizes that this adjustment will not affect the provision of services to existing investors overseas, nor will it impact the safety of existing assets for all clients. Clients can still normally check their accounts, hold their existing positions, and sell them. This also means that, in addition to the three brokerages directly 'named' by the China Securities Regulatory Commission on May 22, some small and medium-sized brokerages will also begin rectifying their existing illegal businesses. (Yicai)