Hi everyone, I'm looking to buy Tencent (US) via Tiger app. Even after topping up my account and buying during trading hours, I get the prompt " This stock can only be closed".

OTC securities are traded in the U.S., and there are significant geopolitical issues between the U.S. and China affecting these markets. Check if any of these securities have been sanctioned or banned from U.S. investment due to government blacklisting. Some Chinese companies have been barred from U.S. exchanges or have voluntarily withdrawn amid these tensions. It's also worth checking if these companies are listed on Chinese or Hong Kong exchanges.

Hi, seems like you aren't the only one https://seedly.sg/posts/otc-is-no-longer-allowed

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I think its probably due to the recent huge fluctuations of the HK/CN stocks hence Tiger only allows selling but not buying (similar to gme/amc saga)