Futu allows Chinese investors to trade in US stock markets while the domestic exchanges are in the doldrums. Photo: AFP

Capital controls? No problem for Tencent-backed Futu, the overseas trading app for Chinese investors

Futu enables Chinese investors to trade overseas stocks using money they have already parked on bank accounts abroad

Topic |   Fintech

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Futu allows Chinese investors to trade in US stock markets while the domestic exchanges are in the doldrums. Photo: AFP
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