根据一个两党国会小组独家与CNBC分享的调查结果，拥有2800万全球用户的数字投资平台Webull悄然与中国政府“结构性地联系在一起”，对美国金融构成了国家安全威胁。
Digital investment platform Webull, which counts 28 million global users, is quietly "tied in structural ways" to China's government, representing a national security threat to U.S. finance, according to a bipartisan congressional panel's findings shared exclusively with CNBC.
两党众议院中国问题特别委员会在周三发布的新报告中发现，韦布尔作为“一家美国公司”的公开营销与这家总部位于佛罗里达州圣彼得堡的公司的实际控制权之间存在“巨大差距”。
The bipartisan House Select Committee on China in its new report being released Wednesday found "a profound gap" between Webull's public marketing as "an American company" and actual control of the St. Petersburg, Florida-based firm.
该委员会发现：“Webull的所有权架构、技术劳动力、技术基础设施、跨境数据路由、企业融资和合规框架在结构上与中华人民共和国联系在一起。”
"Webull's ownership architecture, technical workforce, technology infrastructure, cross-border data routing, corporate financing, and compliance frameworks are tied in structural ways to the People's Republic of China," the committee found.
该委员会援引的一份监管文件称，自2025年10月Webull开始直接携带客户现金以来，围绕该公司的国家安全担忧已经“升级”。该委员会声称，这造成了“美国资本数十亿美元的结构性风险敞口”。该委员会表示，该公司的公司结构意味着该公司的“软件开发、数据管道和核心工程运营”依赖于直接受北京法律约束的基础设施。中国的这些法律可以迫使公司以多种方式与政府合作，包括数据传输。韦伯没有立即回应对该报道发表评论的请求。
The panel asserted that national security concerns around the company have "escalated" since October 2025, when Webull began carrying customer cash directly, according to a regulatory filing the panel cited. The committee alleges that creates a "structural exposure of billions of dollars in American capital." The committee said the company's corporate structure means the firm's "software development, data pipelines, and core engineering operations" are dependent on infrastructure subject directly to Beijing's laws. And those laws in China can compel firms to cooperate with the government in a myriad of ways, including data transfers. Webull did not immediately respond to a request for comment on the report.
密歇根州共和党众议员约翰·穆莱纳尔他在一份声明中告诉CNBC，韦伯的“中国业务将美国投资者及其数据置于风险之中。"
Rep. John Moolenaar, R-Mich., told CNBC in a statement that Webull's "China-based operations put American investors and their data at risk."
发布该报告的众议院委员会主席穆莱纳尔表示：“韦伯利用中国大陆的技术提供商和不透明的与中国相关的所有权结构，将其数据暴露给我们最大的对手。”“投资者在选择与谁开展业务时应该注意这些信息。在纳斯达克证券交易所交易的Webull表示，它运营着一个“全球持牌经纪商网络”，在全球18个市场提供投资服务。这家在线经纪公司表示，它为散户和机构投资者提供了24/7全球金融市场的机会。该平台的用户可以在该服务上交易全球股票、ETF、期权、期货、零碎股票和数字资产。
"Using technology providers in mainland China and an opaque China-linked ownership structure, Webull exposes its data to our foremost adversary," said Moolenaar, who chairs the House committee that issued the report. "Investors should heed this information when choosing who they do business with." Webull, which trades on the Nasdaq stock exchange, says it operates a "global network of licensed brokerages," offering investment services in 18 markets around the globe. The online brokerage says it provides retail and institutional investors with 24/7 access to global financial markets. Users of the platform can trade global stocks, ETFs, options, futures, fractional shares, and digital assets on the service.
前阿里巴巴和小米经理王安全于2016年创立了Webull。其竞争对手包括Robinhood、Charles Schwab和E-Trade。
Former Alibaba and Xiaomi manager Wang Anquan founded Webull in 2016. Its competitors include Robinhood, Charles Schwab and E-Trade.
国会委员会于2024年要求该公司提供信息，该委员会表示，韦伯代表着国家安全风险，因为“关键的后台系统、人员和数据流可能仍然暴露在中国共产党的强制性情报法和强制要求之下。该委员会在报告中表示，韦伯金融的“复杂的公司和技术框架”直接与中国捆绑在一起。
The congressional committee, which had requested information from the company in 2024, said Webull represents a national security risk because "critical backend systems, personnel and data flows may remain exposed to the Chinese Communist Party's mandatory intelligence laws and coercive demands." The committee said in its report that Webull Financial's "intricate corporate and technology framework" is tethered directly to China.
Webull Corporation是一家在开曼群岛注册成立的控股公司，该报告发现它持有246亿美元的客户资产。尽管该公司有一家名为Webull Holdings（US）Inc.的美国控股公司，报告说，该公司的技术结构还包括Webull Technologies Pte. Ltd.是一家新加坡实体。报告称，Webull使用一家位于中国大陆的子公司来支持技术开发和平台运营。该公司起源于湖南富米信息技术有限公司，最初推出该业务的一家中国公司。
Webull Corporation is a Cayman Islands-incorporated holding company, and the report found it holds $24.6 billion in customer assets. And although the company has a U.S. holding company known as Webull Holdings (US) Inc., the report says the company's technology structure also includes Webull Technologies Pte. Ltd, which is a Singapore-based entity. And the report says Webull uses a mainland China-based subsidiary that supports technology development and platform operations. The company traces its origins to Hunan Fumi Information Technology Co, Ltd., a Chinese company that originally launched the business.
该报告的发布是在唐纳德·特朗普总统和中国领导人习近平九月份举行了基本友好的峰会之后发布的，也是在两位领导人今年晚些时候进一步会晤之前发布的。这反映了国会山的担忧，即中国政府可能正在美国金融体系内部埋下种子，这些种子后来可能被用来在发生进一步冲突时扰乱美国经济。
The release of the report comes on the heels of a largely friendly summit between President Donald Trump and Chinese leader Xi Jinping in September, and it comes ahead of further meetings between the two leaders later this year. It reflects concerns on Capitol Hill that the Chinese government could be planting seeds inside the U.S. financial system that could later be used to disrupt the American economy in the event of further conflict.
该委员会还指控韦伯歪曲了其在中国的员工人数。该委员会在报告中表示，该公司最初告诉委员会，它“在中国没有任何办事处或员工”，并且“所有公司员工都位于美国。“但该委员会表示，该公司的运营仍集中在中国，其大陆子公司湖南微步的员工人数已增至863人，占该公司全球员工人数的62%。
The committee also alleges Webull misrepresented the number of its China-based employees. In the report, the committee said the company initially told the committee it "does not have any offices or employees based in the PRC," and that "all Firm employees are located in the United States." But the committee says the firm remains operationally concentrated in China, with its mainland subsidiary, Hunan Weibu, growing to 863 employees, or 62% of the company's global workforce.