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Xiamen ITG Group Corp., Ltd.

Controversies

Controversies tied to this brand in public sources. A listing is not a finding of fault.

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  1. 2017

    Asset management unit suspended from filing over illegal deletion of trading records; Hong Kong stock asset management product suffered huge losses; Guomao Futures repeatedly ordered to rectify

    In 2017, Xiamen ITG Asset Management was suspended by the Asset Management Association of China from accepting asset management product filings for six months because it allowed clients to set up sub-accounts and deleted trading records; in the same year, its Hong Kong stock asset management product hit the forced liquidation line, and Xiamen ITG recorded a large provision for estimated liabilities. Guomao Futures was subsequently ordered to rectify multiple times by the Xiamen Securities Regulatory Bureau, and in April 2026 was ordered to rectify again because its futures trading consulting business lacked commercial substance and its regulatory report data contained errors. Disciplinary action; ordered to rectify.

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