Since July 19, investors across Asia have been able to make transactions from 9am-5pm Singapore time.

The China Securities Regulatory Commission criticised Everbright Securities, CITIC Securities, Haitong Securities and China International Capital Corporation

Lawmakers had questioned whether the foreign brokerages were making buy recommendations but actually selling TSMC shares

Firms such as Futu Holdings and UP Fintech Holding would be hit by block on mainlanders trading securities in US and Hong Kong

Share fall follows People’s Bank of China official warning that some overseas securities institutions have not obtained domestic licences.