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Tiger Securities: Subsidiary fined 308.1 million yuan by Beijing regulatory authority for illegal activities including unlicensed cross-border securities operations in China
According to the investigation results, the CSRC Beijing Regulatory Bureau imposed administrative penalties totaling approximately 308.1 million RMB and confiscated illegal gains totaling approximately 103.1 million RMB.
The company's director, CEO, and actual controller Mr. Wu Tanhua also received a warning and was fined 1.25 million RMB.
As of the end of 2025, retail client assets in mainland China accounted for about 10% of the company's total client assets in the consolidated financial statements.