House committee says Webull messages point to China access to U.S. customer data

Internal messages between employees of online investing platform Webull suggest a company employee in China had access to information about a U.S. customer, despite the company having said it bars such sharing, according to an analysis of the messages by the House Select Committee on China . The analysis comes nearly two weeks after CNBC first detailed the bipartisan select committee's report that concluded that Webull, which counts 28 million users, is quietly "tied in structural ways" to China's government, representing a national security threat to American finance. Webull shares slid more than 19% on the heels of that Oct. 7 report. At the time of the report, Webull told CNBC in a statement that "U.S. customer data is stored in the U.S.