Brutal crash in Tiger and FUTU. I was researching Tiger last week and fortunately concluded on a too hard pile. I was scared from investing in China from the 2022 Tech crack down. Tiger looked different: Their Chinese mainland operations were in decline anyways and they aggressively expanded into surrounding countries.

The issue: Lots of this growth is from Chinese residents using/used a loophole to open a brokerage account outside of China using temporary documents like a student Visa to open it in Singapur as an example.

I was getting close to considering China as an investable country again, but this will reinforce the scars (even though I’m just observing them now) I have from years ago.