Virendra
2023-05-16

$Tiger Brokers(TIGR)$ UP Fintech Holding Limited Announces Changes to Updating Approach of User Terminals for Existing Chinese Mainland

Clients

SINGAPORE, May 16, 2023 — UP Fintech Holding Limited (Nasdaq: TIGR) (“UP Fintech” or the “Company”), a leading

online brokerage firm focusing on global investors, today announced that, in response to requirements of the China Securities

Regulatory Commission, the Company will change its approach of updating user terminals for existing Chinese mainland clients

and will remove its app "Tiger International" from the Chinese mainland application market starting on May 18, 2023, in order to

complete the rectification work with satisfactory results.

The Company’s existing clients will be able to continue using the app and will not be affected by this change, and the Company

will continue to provide quality services to existing clients and protect the safety of its clients' assets. Existing Chinese mainland

clients will be provided with website links for instructions on updating and downloading the app going forward. The Company

stopped accepting applications from new Chinese Mainland users to open accounts on December 31, 2022.

The Company reiterates that this service adjustment applies to users in Mainland China only, and clients in other countries and

regions around the world will not be affected in terms of downloading and using the app and enjoying the Company’s services. In

the future, the Company will continue to provide investors with first-class investment experience using technology in compliance

with applicable national and regional regulatory requirements.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

Leave a comment
4
6