[Chinese Brokerages Begin Clearing Mainland China Businesses, Guotai Junan International Restricts Account Deposits and Purchases] BlockBeats News, September 28: Following Chinese cross-border brokerages such as Futu, Tiger, Longbridge, and Huasheng Securities, some Chinese-funded brokerages in Hong Kong have also started clearing their existing businesses in mainland China. To comply with relevant regulatory requirements, Guotai Junan International has made partial adjustments to the services available for existing mainland Chinese investor accounts starting from September 26. According to Guotai Junan International customer service representatives, the adjustments are similar to those previously implemented by brokerages like Futu Holdings and Tiger Brokers. Specifically, when existing mainland Chinese investor accounts are accessed from mainland China (with login IPs showing as mainland China), deposits and purchases will be restricted, and only withdrawals and sales will be allowed. If the account login IP shows as outside mainland China, deposit, withdrawal, and trading functions will not be affected. If clients obtain a new identity, they will need to update their corresponding new identification information. At that point, clients holding overseas identification will not be subject to these restrictions.