Svmuu News Since late May, several Hong Kong banks have required customers to visit their branches in person to sign cross-border disclosure declarations, and have repeatedly inquired about details such as the source of funds and transaction records. Some banks have declined requests to open investment account functions. Meanwhile, banks and brokerages have initiated reviews of existing accounts. Previous investigations revealed that some intermediaries assisted mainland residents in bypassing regulations to open Hong Kong brokerage accounts by fabricating proof of existing investments and providing invitation codes. Following the policy adjustments, these intermediaries have instead hyped the "last window of opportunity," continuing to solicit customers under the guise of internal channels and account-opening tips. Those they link to are mostly small and mid-sized Hong Kong brokerages, employing more covert methods.