Today, it was reported that a number of brokerage firms, including CITIC Securities and Oriental Wealth, have recently tightened the review of new account openings and mutual finance and options transactions. The reporter learned from CITIC Securities and Oriental Wealth that the compliance requirements for the financing and securities lending and derivatives business of the two companies have always been strict and regulated; there is no such thing as “strict”. The two companies emphasized that related businesses always operate smoothly under the regulatory framework. Furthermore, with regard to the statement “More and more retail investors were forced to close their positions and leave the market in late July” mentioned in the above report, the reporter learned from the industry that many brokers' credit businesses have mitigated risks one by one in each business process, and customers themselves have also taken the initiative to supplement security deposits, and the overall risk of the market is manageable.

Today, it was reported that a number of brokerage firms, including CITIC Securities and Oriental Wealth, have recently tightened the review of new account openings and mutual finance and options transactions. The reporter learned from CITIC Securities and Oriental Wealth that the compliance requirements for the financing and securities lending and derivatives business of the two companies have always been strict and regulated; there is no such thing as “strict”. The two companies emphasized that related businesses always operate smoothly under the regulatory framework. Furthermore, with regard to the statement “More and more retail investors were forced to close their positions and leave the market in late July” mentioned in the above report, the reporter learned from the industry that many brokers' credit businesses have mitigated risks one by one in each business process, and customers themselves have also taken the initiative to supplement security deposits, and the overall risk of the market is manageable.