2025-12-31 04:54:49

The Hong Kong Securities and Futures Commission recently proposed new regulatory requirements for exchange platforms. It is understood that well-known securities firms have issued notices to clients that starting from January 2, 2026, a system recognition mechanism will be launched.

Specifically, the platform will identify and categorize all clients' identity information and network sources. Users identified by the system as having mainland Chinese identity or accessing from mainland Chinese IP addresses will be subject to new compliance management measures. What does this mean? In simple terms, users meeting these two conditions may face access restrictions or service adjustments.

This is not a sudden decision. The Hong Kong Securities and Futures Commission has been tightening cross-border trading regulations, especially those involving geographic location identification. Since last year, similar policies have been gradually implemented—this time, the implementation timetable is more explicit.

For exchange platforms, this is a compliance baseline. Failure to make adjustments as required could result in fines or even license risks. What about users? They need to understand in advance whether their accounts will be affected and prepare accordingly. Some users may need to update their address information, while others may need to re-verify their identity.

Such policy adjustments are quite common worldwide. Exchanges in the US, EU, and Singapore are doing similar things—implementing different service strategies for users from different regions based on local regulatory requirements. As Asia’s financial center, Hong Kong’s compliance requirements will only become more stringent.

Industry insiders believe that 2026 will be a watershed year for exchange compliance. Platforms that adapt to regulatory changes early will fare better, while those that respond passively may be eliminated. This is also beneficial for the entire industry—standardizing the market and protecting investors, which is a long-term positive.

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MidnightTrader

· 6h ago

I've already heard the rumors; Hong Kong's actions are indeed quick. Many people's accounts will probably need to be reset then.

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OldLeekConfession

· 6h ago

Another wave of new tricks for cutting leeks? But this time it's obvious, so prepare early, everyone

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Frontrunner

· 6h ago

Oh no, I have to change my address again. This time I really can't escape it. --- The VPN game has begun. Is everyone ready? --- Basically, it means the walls are getting higher and higher, and under the guise of compliance, the thresholds are increasing. --- 2026? It should have come long ago. Instead of messing around now, it's better to cut losses early and survive. --- Someone must be stockpiling VPNs now, haha. --- Mainland IPs are directly blacklisted. The CSRC is being very straightforward. --- Is the platform doing well? Still climbing on the backs of user interests. --- Another wave of migration. How many people can keep up with this pace? --- Honestly, regulations in Hong Kong are getting stricter and stricter. The operational space will only get smaller. --- The compliance watershed? Sounds nice, but in reality, it's just pushing people out.

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VCsSuckMyLiquidity

· 6h ago

Oh no, here we go again, this IP recognition system... should have been prepared long ago --- No wonder so many platforms have been adjusting recently, regulatory rectification --- Wait, does this mean I have to change my address? It's a bit annoying --- 2026 as a watershed? Sounds nice, but in reality, it's just about pushing people out --- I've seen it coming, the Hong Kong Stock Exchange is getting stricter, this is routine operation --- Need to check the account status in advance, so you won't be caught off guard by restrictions --- It's the same worldwide, nothing surprising, just adapt --- License risk? Those small platforms should indeed be nervous --- Service adjustments just sound unpleasant, I really don't understand why it's so complicated --- Platforms that prepare in advance will win, there's nothing wrong with that, industry reshuffling is inevitable

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LeverageAddict

· 6h ago

Coming again? I saw it coming, Hong Kong's gestures are getting more and more aggressive. --- Mainland IPs are directly restricted, now it's really getting complicated. --- After all this, it's just the address verification process, so troublesome. --- Is it about transferring before 2026 or some other operation? Does anyone have experience? --- It should have been done like this a long time ago, otherwise those arbitrageurs would be too rampant. --- The so-called compliance watershed is just a nice way of saying they're pushing us out. --- The platform probably notified earlier, but if you're only noticing now, you might get scammed. --- A bit annoying, it's always the same套路. --- It feels like global financial centers are competing to see whose rules are the strictest. --- What preparations? Changing address with VPN, right?

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DustCollector

· 6h ago

Here we go again, targeting users. This time, they’re directly pointing out mainland Chinese identities, and restrictions will start in 2026. --- Damn, they want to verify identities again? I just want to trade quietly. Why is the whole world messing with users? --- Hong Kong is starting to do the same. I knew it would happen, just didn’t expect it so soon. --- Why do they need to identify IP addresses? Can’t they just use a VPN to dodge it? --- Under the guise of compliance, another round of scalpings, with platforms making huge profits. --- It’s better to prepare in advance, but I’m really worried they’ll freeze accounts directly, that would be the worst. --- They talk about long-term benefits, but I think it’s just pushing retail investors out and leaving the big players. --- 2026, just over a year away. Why rush now? Let’s see which platforms will actually enforce these rules seriously.

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