UP Fintech: More Than Just The 'Robinhood Of Asia'
Apr. 05, 2022 10:22 AM ETUP Fintech Holding Limited (TIGR)9 Comments4 Likes
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The Big Spike
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Summary
TIGR’s Singapore operation is growing rapidly, and the trend is expected to continue.
The Federal Reserve rate hike is projected to benefit TIGR’s second largest revenue source - interest income.
Recent positive sentiment for Chinese ADRs due to reassuring statements from the Chinese government could revert TIGR’s underwriting business revenue to its previous peak.
TIGR’s vertical integration effort is paying off, and the share of related party transactions as a percentage of consolidated revenue is decreasing.
TIGR’s short interest is significantly higher than other Chinese ADRs or stocks with similar growth.
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