{
  "id": 3837703,
  "title": "Tiger, Futu post strong overseas gains after Beijing clampdown stalls mainland growth",
  "url": "https://urgent.news/2026/08/27/tiger-futu-post-strong-overseas-gains-after-beijing-clampdown-stalls",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-27T23:00:10.000Z",
  "source": {
    "name": "SCMP Business",
    "slug": "scmp-business",
    "url": "https://www.scmp.com/business/banking-finance/article/3365409/tiger-futu-post-strong-overseas-gains-after-beijing-clampdown-stalls-mainland-growth"
  },
  "original_language": "en",
  "account": null,
  "summary": "Tiger Brokers and Futu Holdings, two major online brokerages in the region, have reported strong second-quarter growth due to their expansion overseas, as Beijing's crackdown on illegal cross-border stock trading has stalled mainland growth. Tiger Brokers reported a 31.4% year-on-year revenue increase to a record US$182.3 million, while Futu reported revenue of HK$7.2 billion (US$918 million), up 35.6%. The crackdown by Beijing has forced both companies to shift their focus to Southeast Asia, North America, and Europe, where they have seen significant growth in new funded accounts and client assets.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "South China Morning Post",
        "title": "Tiger, Futu post strong overseas gains after Beijing clampdown stalls mainland growth",
        "url": "https://urgent.news/2026/08/27/tiger-futu-post-strong-overseas-gains-after-beijing-clampdown-stalls-3840115",
        "published": "2026-08-27T23:00:10.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}