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China closes the door to two online brokers. Then their stock prices exploded.
China closes the door to two online brokers. Then their stock prices exploded.
When a Chinese regulator prevented investors from opening accounts with online brokers Futu and Up Fintech, this was a blow to the couple, who had seen for years mainland China as a key source of growth.
So why have the two companies’ U.S.-listed shares jumped since then?
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