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    China’s brokerage crackdown: banks cut stock forecasts for Futu, Tiger

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    Source: South China Morning Post
    Published: 2026-05-28 18:00 UTC+10:00
    Section: General
    Factuality Score: 92
    Opinion Category: Neutral
    Topics: Business, Immigration, Asia, Economy & Finance, China, Financial Markets, Business & Economy, Asia Pacific
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    Snippet:
    CCB and Goldman Sachs slash brokerage valuations, profit forecasts after regulatory action on unauthorised cross-border trading
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