CHINA CSRC, 7 OTHER DEPARTMENTS JOINTLY ISSUE IMPLEMENTATION PLAN FOR COMPREHENSIVE CRACKDOWN ON ILLEGAL CROSS-BORDER SECURITIES, FUTURES, AND FUND BUSINESS ACTIVITIES

FUTU RECEIVES INVESTIGATION NOTICE AND ADMINISTRATIVE PENALTY PRE-NOTIFICATION LETTER FROM THE CHINA SECURITIES REGULATORY COMMISSION FUTU HOLDINGS LTD - CSRC PROPOSES PENALTIES TOTALING RMB1.85 BLN (USD271 MLN) AGAINST FUTU FUTU HOLDINGS LTD - CSRC ALLEGES FUTU OPERATED SECURITIES AND FUTURES BUSINESS IN MAINLAND CHINA WITHOUT LICENSES FUTU HOLDINGS LTD - CSRC PROPOSES RMB1.25 MLN (USD183,575) FINE ON FUTU CEO LI HUA FUTU HOLDINGS LTD - IMPLEMENTS RECTIFICATION MEASURES FOR MAINLAND CHINA OPERATIONS FUTU HOLDINGS LTD - MAINLAND CHINA FUNDED ACCOUNTS ACCOUNT FOR 13% OF TOTAL AS OF END Q1 2026

WADEPHUL: IT IS TIME TO BE READY FOR NEGOTIATIONS BUT WE MUST ENTER THEM FROM A POSITION OF STRENGTH