Oh no, the taxation on Hong Kong and US stocks is not over yet. Even the entrance for newcomers is sealed off, but is it useful? No one will stay in a non profitable market forever Taxation on Hong Kong and US stocks Internet securities firms continue to tighten account opening A-shares still have no profitable effect So where will people and funds go? Not allowing internet securities firms to open accounts, you can still go to Binance Alpha to make money. In the future, there will be on chain US stocks, and stocks can also be bought on cryptocurrency exchanges. China has always been a very important market where there is a lot of money and people, and tax rate arbitrage is also possible. After all, if you don't recognize cryptocurrency assets, you won't be able to collect taxes. It's quite painful to see other countries collecting profit taxes of 20-30 yuan.