Caixin

CX Daily: China Slams Door on Multibillion-Dollar Offshore Trading Loophole

Published: Jun. 10, 2026  9:00 a.m.  GMT+8
00:00
00:00/00:00
Listen to this article 1x

TOP STORIES

In Depth: China Slams Door on Multibillion-Dollar Offshore Trading Loophole

For more than a decade, millions of investors on the Chinese mainland have sidestepped the country’s strict capital controls by using slick internet brokerage apps to trade U.S. and Hong Kong stocks. That multibillion-dollar grey market is now facing eradication.

FINANCE & ECONOMY Year-on-year change in dollar terms China’s Strong Trade Growth Sources: General Administration of Customs, CEIC -20 -10 0 10 20 30 40% July May 27.4%Imports

loadingImg
Register to read this article for free.
Register

Unlock exclusive discounts with a Caixin group subscription — ideal for teams and organizations.

Save an extra $50. Introductory offer for new readers. Subscribe now.

Share this article
Open WeChat and scan the QR code
NEWSLETTERS
Get our CX Daily, weekly Must-Read and China Green Bulletin newsletters delivered free to your inbox, bringing you China's top headlines.

We ‘ve added you to our subscriber list.

Manage subscription
PODCAST
Darers & Doers Podcast: Making Solar Power Work Smarter
00:00
00:00/00:00