Chinese online brokerages Futu and Tiger Brokers are popular platforms used by Chinese investors to trade U.S. stocks.

The combined assets from mainland Chinese clients held by Futu and Tiger Brokers total approximately $30 billion.

Chinese buyers are among the top foreign purchasers of property in markets such as Australia and the United States.

The Qualified Domestic Institutional Investor (QDII) program in China has a total cap of $176 billion.

China's property-related revenue for local governments has plunged 48% over the past five years.

Chinese tax authorities are retroactively applying taxes on overseas investment gains back to at least 2018.

China's capital control policy limits individuals to converting a maximum of $50,000 into foreign currency annually.

Global banks including HSBC, UBS, JP Morgan, and Goldman Sachs have benefited from the growth of wealth in China.

China's total household savings amount to $25 trillion.

Tiger Brokers holds approximately $6 billion in assets from mainland Chinese clients, which accounts for about 25% of its revenue.

The estimated $807 billion capital outflow from China last year represented approximately 4% of the country's annual gross domestic product.

An estimated $807 billion in capital left China last year, the highest single-year outflow on record.

China has existing laws to tax its citizens' global income, including investment gains, but enforcement of these laws has only begun recently.

The Chinese government's crackdown on offshore trading aims to map the offshore wealth of its citizens and demonstrate its authority over those assets.

Chinese regulators have given brokerages involved in illegal cross-border trading a two-year period to unwind all related client assets.

Futu holds approximately $26 billion in assets from mainland Chinese clients, which accounts for about 20% of its revenue.

Lulu Chen predicts that offshore banks may experience a short-term increase in business from Chinese clients seeking advice following the crackdown on cross-border trading.

Chinese citizens are required to pay a 20% tax on overseas investment gains in addition to a penalty fee for prior non-payment.

China has a capital control mechanism that limits individuals to converting a maximum of $50,000 into foreign currency per year.

Methods used to illegally move money out of China include "smurfing" (using multiple individuals' forex quotas), underground banks, cryptocurrency, and formerly, cash refunds from Macau casinos.