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Profile:a trader$$$$$$ rocket up
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UTOtrader
03-08
$iShares Bitcoin Trust(IBIT)$
98 Fly up
UTOtrader
03-07
$NVIDIA Corp(NVDA)$
Bull 1000 More buying
UTOtrader
03-07
$iShares Bitcoin Trust(IBIT)$
Up N fly up
UTOtrader
03-07
$NVIDIA Corp(NVDA)$
Up 1300 fly
UTOtrader
02-23
$NVIDIA Corp(NVDA)$
New uptrend cycle $$$$$$$$$$$$$
UTOtrader
02-23
$NVIDIA Corp(NVDA)$
999 Up rocket trend
UTOtrader
02-12
$Palantir Technologies Inc.(PLTR)$
What again Price trend Down n down
UTOtrader
2023-12-25
Sell more then or shorties play
Navigating Palantir’s Choppy Waters: What Investors Should Know Heading Into 2024
UTOtrader
2023-10-19
$Tesla Motors(TSLA)$
BearishBearishBearishBearishBearishBearishBearish Sellers join the selling queue[Happy]
UTOtrader
2023-09-06
More selling down
Tesla Unlikely to Pursue Indonesia Plant Soon, Panjaitan Says
UTOtrader
2023-09-06
$Tiger Brokers(TIGR)$
buying more up
UTOtrader
2023-09-01
$Tiger Brokers(TIGR)$
Fund money in
buying up
UTOtrader
2023-08-29
$AMC Entertainment(AMC)$
BearishBearishBearishBearishBearishBearishBearish More selling amc
UTOtrader
2023-08-29
$Senseonics(SENS)$
Great buying [Miser] [Miser] [Miser] [Miser] [Miser]
UTOtrader
2023-08-29
$Pfizer(PFE)$
Buying more up [Miser] [Miser] [Miser] [Miser] [Miser]
UTOtrader
2023-08-29
$Tesla Motors(TSLA)$
BullishBullishBullishBullishBullishBullishBullish Buying more [Miser] [Miser] [Miser] [Miser] [Miser]
UTOtrader
2023-08-29
$Seatrium(S51.SI)$
BullishBullishBullishBullishBullishBullishBullish Buying up [Miser] [Miser] [Miser] [Miser] [Miser]
UTOtrader
2023-08-29
Power buying now
UP Fintech Reports Two-Year High 2023 Q2 Results
UTOtrader
2023-08-23
$SEMBCORP INDUSTRIES LTD(U96.SI)$
BullishBullishBullishBullishBullishBullishBullish Buying [Miser] [Miser] [Miser]
UTOtrader
2023-08-21
$Tesla Motors(TSLA)$
BullishBullishBullishBullishBullishBullishBullish Flying up to high 300
Go to Tiger App to see more news
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href=\"https://ttm.financial/S/IBIT\">$iShares Bitcoin Trust(IBIT)$ </a> 98 Fly up","listText":"<a href=\"https://ttm.financial/S/IBIT\">$iShares Bitcoin Trust(IBIT)$ </a> 98 Fly up","text":"$iShares Bitcoin Trust(IBIT)$ 98 Fly up","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/282101003567200","isVote":1,"tweetType":1,"viewCount":32,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":281769646301344,"gmtCreate":1709819929551,"gmtModify":1709819932843,"author":{"id":"3574547619690492","authorId":"3574547619690492","name":"UTOtrader","avatar":"https://static.tigerbbs.com/82be6befb29ac8516e463638d3f659d5","crmLevel":4,"crmLevelSwitch":0},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/NVDA\">$NVIDIA Corp(NVDA)$ </a><v-v data-views=\"1\"></v-v> Bull 1000 More buying ","listText":"<a href=\"https://ttm.financial/S/NVDA\">$NVIDIA 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fly","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/281651238817856","isVote":1,"tweetType":1,"viewCount":38,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":277191813800216,"gmtCreate":1708699907633,"gmtModify":1708699911280,"author":{"id":"3574547619690492","authorId":"3574547619690492","name":"UTOtrader","avatar":"https://static.tigerbbs.com/82be6befb29ac8516e463638d3f659d5","crmLevel":4,"crmLevelSwitch":0},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/NVDA\">$NVIDIA Corp(NVDA)$ </a><v-v data-views=\"1\"></v-v> New uptrend cycle $$$$$$$$$$$$$","listText":"<a href=\"https://ttm.financial/S/NVDA\">$NVIDIA Corp(NVDA)$ </a><v-v data-views=\"1\"></v-v> New uptrend cycle $$$$$$$$$$$$$","text":"$NVIDIA Corp(NVDA)$ New uptrend cycle $$$$$$$$$$$$$","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/277191813800216","isVote":1,"tweetType":1,"viewCount":9,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":277159678951536,"gmtCreate":1708691946932,"gmtModify":1708691949422,"author":{"id":"3574547619690492","authorId":"3574547619690492","name":"UTOtrader","avatar":"https://static.tigerbbs.com/82be6befb29ac8516e463638d3f659d5","crmLevel":4,"crmLevelSwitch":0},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/NVDA\">$NVIDIA Corp(NVDA)$ </a><v-v data-views=\"1\"></v-v> 999 Up rocket trend","listText":"<a href=\"https://ttm.financial/S/NVDA\">$NVIDIA Corp(NVDA)$ </a><v-v data-views=\"1\"></v-v> 999 Up rocket trend","text":"$NVIDIA Corp(NVDA)$ 999 Up rocket trend","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/277159678951536","isVote":1,"tweetType":1,"viewCount":8,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":273242372235488,"gmtCreate":1707747357232,"gmtModify":1707747360346,"author":{"id":"3574547619690492","authorId":"3574547619690492","name":"UTOtrader","avatar":"https://static.tigerbbs.com/82be6befb29ac8516e463638d3f659d5","crmLevel":4,"crmLevelSwitch":0},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/PLTR\">$Palantir Technologies Inc.(PLTR)$ </a><v-v data-views=\"0\"></v-v> What again Price trend Down n down","listText":"<a href=\"https://ttm.financial/S/PLTR\">$Palantir Technologies Inc.(PLTR)$ </a><v-v data-views=\"0\"></v-v> What again Price trend Down n down","text":"$Palantir Technologies Inc.(PLTR)$ What again Price trend Down n down","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/273242372235488","isVote":1,"tweetType":1,"viewCount":42,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":255867569668376,"gmtCreate":1703488509765,"gmtModify":1703488514681,"author":{"id":"3574547619690492","authorId":"3574547619690492","name":"UTOtrader","avatar":"https://static.tigerbbs.com/82be6befb29ac8516e463638d3f659d5","crmLevel":4,"crmLevelSwitch":0},"themes":[],"htmlText":"Sell more then or shorties play","listText":"Sell more then or shorties play","text":"Sell more then or shorties play","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/255867569668376","repostId":"2393549579","repostType":4,"repost":{"id":"2393549579","pubTimestamp":1703476383,"share":"https://www.laohu8.com/m/news/2393549579?lang=&edition=full","pubTime":"2023-12-25 11:53","market":"us","language":"en","title":"Navigating Palantir’s Choppy Waters: What Investors Should Know Heading Into 2024","url":"https://stock-news.laohu8.com/highlight/detail?id=2393549579","media":"InvestorPlace","summary":"PLTR stock is still one of the stronger choices among AI stocks, but it may take some time for shares to enter 'rally mode' once again.","content":"<html><head></head><body><ul style=\"\"><li><p>For those bullish on the rising adoption of artificial intelligence technology, <strong>Palantir Technologies</strong> (<strong>PLTR</strong>) remains a strong choice for gaining exposure to this trend.</p></li></ul><ul style=\"\"><li><p>However, lingering uncertainty over Palantir’s future growth means that shares are likely to keep trading sideways in the near-term.</p></li><li><p>While this doesn’t mean you need to bail on PLTR stock, keep in mind patience is key, as the next big rally may take time to take shape.</p></li></ul><p>Among AI stocks, both high-profile and more under-the-radar, <strong>Palantir Technologies</strong> (NYSE: <strong>PLTR</strong>) continues to be one of the top choices. Those bearish on PLTR stock chalk up its strong 2023 performance to “AI hype.”</p><p>Yet while it’s easy to see why they jump to this conclusion, a substantive bull case can still be made. The use of artificial intelligence applications by commercial enterprises and government agencies keeps rising.</p><p>With this, Palantir (a developer of AI and machine learning software platforms) could handily exceed current growth and earnings forecasts.</p><p>But while Palantir has a lot to gain from the AI mega-trend, it’s still up for debate as to exactly when (and to what extent) the company’s AI catalyst will drive a re-acceleration in sales/big increase in profitability.</p><p>Therefore, expect the price action to continue being choppy in the near future. So, what’s the best move? Let’s find out.</p><h2 id=\"id_3228578464\">PLTR Stock Growth Prospects and Valuation</h2><p>Since January, Palantir shares have soared by around 170%. This puts it in the same league as other top “AI winners” in 2023. For instance, AI chip designer <strong>Nvidia</strong> (NASDAQ: <strong>NVDA</strong>), which has surged by an even greater amount since the start of the year.</p><p>However, unlike the situation with NVDA, where the company’s AI-related growth more-than-justifies its rally, with PLTR stock it’s admittedly easier for the skeptics to argue that its shares have moved up too far, too fast based on the buzz surrounding AI.</p><p>PLTR is up by triple-digits. However, based on sell-side forecasts, Palantir’s revenue is only expected to rise 16.7% (from $1.9 billion to $2.22 billion) for the full year 2023. Although revenue may rise by an even greater degree in 2024 (19.8%), forecasts for next year call for earnings growth of just 16%.</p><p>With this, I can understand those who are currently questioning PLTR’s rich valuation. On the surface, it makes little sense for this stock to trade for 70 times earnings. While at first glance Palantir may seem overpriced and over hyped, there may be a way for shares to sustain (and add to) this valuation.</p><h2 id=\"id_1809195206\">What May Drive the Next Big Rally</h2><p>Check out recent headlines about PLTR stock, and you’ll see quite a few regarding a negative development. I’m talking about news regarding possible issues between Palantir and its U.S. military clients over data ownership. That’s something that may affect the future performance of its governmental book of business.</p><p>However this may be yet another case of Wall Street analysts and commentators making a mountain out of a molehill. The company has denied that there is a data ownership conflict/that the company does not retain ownership rights to customer data.</p><p>Instead of being at risk of losing governmental business, it appears that Palantir is winning more business than expected.</p><p>As <em>InvestorPlace’s</em> Larry Ramer wrote last week, the company has bagged an unanticipated extension of its Vantage contract with the U.S. Army. That said, while the governmental business appears likely to keep humming along, that’s not where the PLTR needle-mover lies.</p><p>Rather, what could drive the next big surge for the stock will likely have to do with the growth of Palantir’s commercial business in the coming year. These results could handily beat the aforementioned expectations, which suggest only a moderate level of growth.</p><h2 id=\"id_1700189597\">The Takeaway</h2><p>In its latest quarterly earnings release, Palantir reported “beat and raise” results, and provided commentary that signals a strong likelihood of the company building on this success in subsequent quarters.</p><p>Demand for AI software from commercial clients isn’t slowing down. The lowering of interest rates this year is something else that could spur commercial demand for Palantir’s offerings, as an online commentator recently pointed out.</p><p>With this, there’s clearly an opportunity for Palantir to prove its skeptics wrong, and for its shares to not merely hold steady at current price levels (high-teens), but perhaps surge to $20, $25, or even $30 per share.</p><p>However, until the next earnings release (expected to happen in February), don’t expect major change in price action. Feel free to buy PLTR stock at current prices, but patience is key.</p></body></html>","source":"investorplace_stock_picks","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Navigating Palantir’s Choppy Waters: What Investors Should Know Heading Into 2024</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNavigating Palantir’s Choppy Waters: What Investors Should Know Heading Into 2024\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-12-25 11:53 GMT+8 <a href=https://investorplace.com/market360/2023/12/navigating-palantirs-choppy-waters-what-investors-should-know-heading-into-2024/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>For those bullish on the rising adoption of artificial intelligence technology, Palantir Technologies (PLTR) remains a strong choice for gaining exposure to this trend.However, lingering uncertainty ...</p>\n\n<a href=\"https://investorplace.com/market360/2023/12/navigating-palantirs-choppy-waters-what-investors-should-know-heading-into-2024/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LU0943347566.SGD":"安联收益及增长平衡基金AM H2-SGD","BK4585":"ETF&股票定投概念","BK4567":"ESG概念","BK4534":"瑞士信贷持仓","PLTR":"Palantir Technologies Inc.","IE00BJJMRX11.SGD":"Janus Henderson Balanced A Acc SGD","IE0004445239.USD":"JANUS HENDERSON US FORTY \"A2\" (USD) ACC","LU0642271901.SGD":"Janus Henderson Horizon Global Technology Leaders A2 SGD-H","BK4533":"AQR资本管理(全球第二大对冲基金)","LU0079474960.USD":"联博美国增长基金A","LU0889565833.HKD":"FRANKLIN TECHNOLOGY \"A\" (HKD) ACC","GB00BDT5M118.USD":"天利环球扩展Alpha基金A Acc","LU0056508442.USD":"贝莱德世界科技基金A2","LU0719512351.SGD":"JPMorgan Funds - US Technology A (acc) SGD","BK4121":"生命科学工具和服务","IE00B1XK9C88.USD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A\" (USD) ACC","IE00BJJMRY28.SGD":"Janus Henderson Balanced A Inc SGD","LU1242518857.USD":"FULLERTON LUX FUNDS - ASIA ABSOLUTE ALPHA \"I\" (USD) ACC","LU0353189680.USD":"富国美国全盘成长基金Cl A Acc","IE00BMPRXN33.USD":"NEUBERGER BERMAN 5G CONNECTIVITY \"A\" (USD) ACC","BK4550":"红杉资本持仓","BK4141":"半导体产品","LU0820561909.HKD":"ALLIANZ INCOME AND GROWTH \"AM\" (HKD) INC","LU0109392836.USD":"富兰克林科技股A","LU0820562030.AUD":"ALLIANZ INCOME AND GROWTH \"AMH2\" (AUDHDG) H2 INC","IE0004445015.USD":"JANUS HENDERSON BALANCED \"A2\" (USD) ACC","LU0640476718.USD":"THREADNEEDLE (LUX) US CONTRARIAN CORE EQ \"AU\" (USD) ACC","BK4551":"寇图资本持仓","LU1721428933.USD":"法巴全球经典环境基金RH MD Dis","BK4547":"WSB热门概念","LU0466842654.USD":"HSBC ISLAMIC GLOBAL EQUITY INDEX \"A\" (USD) ACC","LU0097036916.USD":"贝莱德美国增长A2 USD","LU0256863811.USD":"ALLIANZ US EQUITY \"A\" INC","LU0689472784.USD":"安联收益及增长基金Cl AM AT Acc","BK4549":"软银资本持仓","LU0198837287.USD":"UBS (LUX) EQUITY SICAV - USA GROWTH \"P\" (USD) ACC","IE00BD6J9T35.USD":"NEUBERGER BERMAN NEXT GENERATION MOBILITY \"A\" (USD) ACC","BK4548":"巴美列捷福持仓","LU0786609619.USD":"高盛全球千禧一代股票组合Acc","LU1064131342.USD":"Fullerton Lux Funds - Global Absolute Alpha A Acc USD","BK4529":"IDC概念","LU0708995401.HKD":"FRANKLIN U.S. OPPORTUNITIES \"A\" (HKD) ACC","LU0820561818.USD":"安联收益及增长平衡基金Cl AM DIS","IE0034235188.USD":"PINEBRIDGE GLOBAL FOCUS EQUITY \"A\" (USD) ACC","LU0127658192.USD":"EASTSPRING INVESTMENTS GLOBAL TECHNOLOGY \"A\" (USD) ACC","BK4554":"元宇宙及AR概念","BK4532":"文艺复兴科技持仓"},"source_url":"https://investorplace.com/market360/2023/12/navigating-palantirs-choppy-waters-what-investors-should-know-heading-into-2024/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2393549579","content_text":"For those bullish on the rising adoption of artificial intelligence technology, Palantir Technologies (PLTR) remains a strong choice for gaining exposure to this trend.However, lingering uncertainty over Palantir’s future growth means that shares are likely to keep trading sideways in the near-term.While this doesn’t mean you need to bail on PLTR stock, keep in mind patience is key, as the next big rally may take time to take shape.Among AI stocks, both high-profile and more under-the-radar, Palantir Technologies (NYSE: PLTR) continues to be one of the top choices. Those bearish on PLTR stock chalk up its strong 2023 performance to “AI hype.”Yet while it’s easy to see why they jump to this conclusion, a substantive bull case can still be made. The use of artificial intelligence applications by commercial enterprises and government agencies keeps rising.With this, Palantir (a developer of AI and machine learning software platforms) could handily exceed current growth and earnings forecasts.But while Palantir has a lot to gain from the AI mega-trend, it’s still up for debate as to exactly when (and to what extent) the company’s AI catalyst will drive a re-acceleration in sales/big increase in profitability.Therefore, expect the price action to continue being choppy in the near future. So, what’s the best move? Let’s find out.PLTR Stock Growth Prospects and ValuationSince January, Palantir shares have soared by around 170%. This puts it in the same league as other top “AI winners” in 2023. For instance, AI chip designer Nvidia (NASDAQ: NVDA), which has surged by an even greater amount since the start of the year.However, unlike the situation with NVDA, where the company’s AI-related growth more-than-justifies its rally, with PLTR stock it’s admittedly easier for the skeptics to argue that its shares have moved up too far, too fast based on the buzz surrounding AI.PLTR is up by triple-digits. However, based on sell-side forecasts, Palantir’s revenue is only expected to rise 16.7% (from $1.9 billion to $2.22 billion) for the full year 2023. Although revenue may rise by an even greater degree in 2024 (19.8%), forecasts for next year call for earnings growth of just 16%.With this, I can understand those who are currently questioning PLTR’s rich valuation. On the surface, it makes little sense for this stock to trade for 70 times earnings. While at first glance Palantir may seem overpriced and over hyped, there may be a way for shares to sustain (and add to) this valuation.What May Drive the Next Big RallyCheck out recent headlines about PLTR stock, and you’ll see quite a few regarding a negative development. I’m talking about news regarding possible issues between Palantir and its U.S. military clients over data ownership. That’s something that may affect the future performance of its governmental book of business.However this may be yet another case of Wall Street analysts and commentators making a mountain out of a molehill. The company has denied that there is a data ownership conflict/that the company does not retain ownership rights to customer data.Instead of being at risk of losing governmental business, it appears that Palantir is winning more business than expected.As InvestorPlace’s Larry Ramer wrote last week, the company has bagged an unanticipated extension of its Vantage contract with the U.S. Army. That said, while the governmental business appears likely to keep humming along, that’s not where the PLTR needle-mover lies.Rather, what could drive the next big surge for the stock will likely have to do with the growth of Palantir’s commercial business in the coming year. These results could handily beat the aforementioned expectations, which suggest only a moderate level of growth.The TakeawayIn its latest quarterly earnings release, Palantir reported “beat and raise” results, and provided commentary that signals a strong likelihood of the company building on this success in subsequent quarters.Demand for AI software from commercial clients isn’t slowing down. The lowering of interest rates this year is something else that could spur commercial demand for Palantir’s offerings, as an online commentator recently pointed out.With this, there’s clearly an opportunity for Palantir to prove its skeptics wrong, and for its shares to not merely hold steady at current price levels (high-teens), but perhaps surge to $20, $25, or even $30 per share.However, until the next earnings release (expected to happen in February), don’t expect major change in price action. Feel free to buy PLTR stock at current prices, but patience is key.","news_type":1},"isVote":1,"tweetType":1,"viewCount":143,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":232187616665840,"gmtCreate":1697714687951,"gmtModify":1697714798339,"author":{"id":"3574547619690492","authorId":"3574547619690492","name":"UTOtrader","avatar":"https://static.tigerbbs.com/82be6befb29ac8516e463638d3f659d5","crmLevel":4,"crmLevelSwitch":0},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$ </a><v-v data-views=\"0\"></v-v>BearishBearishBearishBearishBearishBearishBearish Sellers join the selling queue[Happy] ","listText":"<a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$ </a><v-v data-views=\"0\"></v-v>BearishBearishBearishBearishBearishBearishBearish Sellers join the selling queue[Happy] ","text":"$Tesla Motors(TSLA)$ BearishBearishBearishBearishBearishBearishBearish Sellers join the selling queue[Happy]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/232187616665840","isVote":1,"tweetType":1,"viewCount":155,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":216960540532864,"gmtCreate":1693992225852,"gmtModify":1693992230138,"author":{"id":"3574547619690492","authorId":"3574547619690492","name":"UTOtrader","avatar":"https://static.tigerbbs.com/82be6befb29ac8516e463638d3f659d5","crmLevel":4,"crmLevelSwitch":0},"themes":[],"htmlText":"More selling down ","listText":"More selling down ","text":"More selling down","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/216960540532864","repostId":"2365111810","repostType":4,"repost":{"id":"2365111810","pubTimestamp":1693991214,"share":"https://www.laohu8.com/m/news/2365111810?lang=&edition=full","pubTime":"2023-09-06 17:06","market":"us","language":"en","title":"Tesla Unlikely to Pursue Indonesia Plant Soon, Panjaitan Says","url":"https://stock-news.laohu8.com/highlight/detail?id=2365111810","media":"Bloomberg","summary":"Tesla Unlikely to Pursue Indonesia Plant Soon, Panjaitan Says","content":"<html><head></head><body><p style=\"text-align: start;\">Indonesia doesn’t expect Tesla Inc. to invest in the country anytime soon, after coordinating minister Luhut Panjaitan met with Elon Musk last month.</p><p style=\"text-align: start;\">“I said fine, we are doing okay, if you cannot invest in Indonesia for a moment, no problem,” Panjaitan, who is the coordinating minister for maritime affairs and investment, said about his meeting with Musk in August when they talked about Tesla for more than two hours.</p><p style=\"text-align: start;\">Speaking at the Bloomberg CEO Forum in Jakarta on Wednesday, Panjaitan said Musk was concerned about the global economic outlook and oversupply in the electric vehicle industry.</p><p>Tesla last week rolled out another round of price cuts and unveiled its refreshed Model 3 in an all-out push to boost sales. In the US, Tesla has dropped the starting price of the Model X to $79,990 — a $41,000 reduction from the start of the year.</p><p>Bloomberg reported earlier this year that Tesla was closing in on a preliminary deal to set up a factory in Indonesia.</p><p style=\"text-align: start;\">Indonesian President Joko Widodo has set out a vision of building out an end-to-end electric-vehicle supply chain onshore by offering potential investors access to the nation’s reserves of key battery metals as well as its more than 270 million consumers. That plan is starting to take shape as global EV and battery producers plan billions of dollars of investment, from Contemporary Amperex Technology Co. Ltd.’s $6 billion mining-to-batteries complex to Hyundai Motor Co.’s new EV plant.</p><p style=\"text-align: start;\">Musk is set to visit Indonesia in October for talks between the government and his satellite internet service Starlink, Panjaitan said. That could help connect Indonesia’s rural areas, especially in the east, for better access to education and health services, he said.</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tesla Unlikely to Pursue Indonesia Plant Soon, Panjaitan Says</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTesla Unlikely to Pursue Indonesia Plant Soon, Panjaitan Says\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-09-06 17:06 GMT+8 <a href=https://www.bloomberg.com/news/articles/2023-09-06/tesla-unlikely-to-pursue-indonesia-plant-soon-panjaitan-says><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Indonesia doesn’t expect Tesla Inc. to invest in the country anytime soon, after coordinating minister Luhut Panjaitan met with Elon Musk last month.“I said fine, we are doing okay, if you cannot ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2023-09-06/tesla-unlikely-to-pursue-indonesia-plant-soon-panjaitan-says\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://www.bloomberg.com/news/articles/2023-09-06/tesla-unlikely-to-pursue-indonesia-plant-soon-panjaitan-says","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2365111810","content_text":"Indonesia doesn’t expect Tesla Inc. to invest in the country anytime soon, after coordinating minister Luhut Panjaitan met with Elon Musk last month.“I said fine, we are doing okay, if you cannot invest in Indonesia for a moment, no problem,” Panjaitan, who is the coordinating minister for maritime affairs and investment, said about his meeting with Musk in August when they talked about Tesla for more than two hours.Speaking at the Bloomberg CEO Forum in Jakarta on Wednesday, Panjaitan said Musk was concerned about the global economic outlook and oversupply in the electric vehicle industry.Tesla last week rolled out another round of price cuts and unveiled its refreshed Model 3 in an all-out push to boost sales. In the US, Tesla has dropped the starting price of the Model X to $79,990 — a $41,000 reduction from the start of the year.Bloomberg reported earlier this year that Tesla was closing in on a preliminary deal to set up a factory in Indonesia.Indonesian President Joko Widodo has set out a vision of building out an end-to-end electric-vehicle supply chain onshore by offering potential investors access to the nation’s reserves of key battery metals as well as its more than 270 million consumers. That plan is starting to take shape as global EV and battery producers plan billions of dollars of investment, from Contemporary Amperex Technology Co. Ltd.’s $6 billion mining-to-batteries complex to Hyundai Motor Co.’s new EV plant.Musk is set to visit Indonesia in October for talks between the government and his satellite internet service Starlink, Panjaitan said. That could help connect Indonesia’s rural areas, especially in the east, for better access to education and health services, he said.","news_type":1},"isVote":1,"tweetType":1,"viewCount":62,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":216701548015736,"gmtCreate":1693939067524,"gmtModify":1693939070461,"author":{"id":"3574547619690492","authorId":"3574547619690492","name":"UTOtrader","avatar":"https://static.tigerbbs.com/82be6befb29ac8516e463638d3f659d5","crmLevel":4,"crmLevelSwitch":0},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/TIGR\">$Tiger Brokers(TIGR)$ </a> <a href=\"https://ttm.financial/S/TIGR\"></a>buying more up","listText":"<a href=\"https://ttm.financial/S/TIGR\">$Tiger Brokers(TIGR)$ </a> <a href=\"https://ttm.financial/S/TIGR\"></a>buying more up","text":"$Tiger Brokers(TIGR)$ buying more up","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/216701548015736","isVote":1,"tweetType":1,"viewCount":159,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":215243256582264,"gmtCreate":1693580448103,"gmtModify":1693580451011,"author":{"id":"3574547619690492","authorId":"3574547619690492","name":"UTOtrader","avatar":"https://static.tigerbbs.com/82be6befb29ac8516e463638d3f659d5","crmLevel":4,"crmLevelSwitch":0},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/TIGR\">$Tiger Brokers(TIGR)$ </a> Fund money in <a href=\"https://ttm.financial/S/TIGR\"></a>buying up","listText":"<a href=\"https://ttm.financial/S/TIGR\">$Tiger Brokers(TIGR)$ </a> Fund money in <a href=\"https://ttm.financial/S/TIGR\"></a>buying up","text":"$Tiger Brokers(TIGR)$ Fund money in buying up","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/215243256582264","isVote":1,"tweetType":1,"viewCount":226,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":214177522675800,"gmtCreate":1693307999816,"gmtModify":1693308003239,"author":{"id":"3574547619690492","authorId":"3574547619690492","name":"UTOtrader","avatar":"https://static.tigerbbs.com/82be6befb29ac8516e463638d3f659d5","crmLevel":4,"crmLevelSwitch":0},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/AMC\">$AMC Entertainment(AMC)$ </a><v-v data-views=\"0\"></v-v>BearishBearishBearishBearishBearishBearishBearish More selling amc","listText":"<a href=\"https://ttm.financial/S/AMC\">$AMC Entertainment(AMC)$ </a><v-v data-views=\"0\"></v-v>BearishBearishBearishBearishBearishBearishBearish More selling amc","text":"$AMC Entertainment(AMC)$ BearishBearishBearishBearishBearishBearishBearish More selling amc","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/214177522675800","isVote":1,"tweetType":1,"viewCount":184,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":214177884717192,"gmtCreate":1693307970156,"gmtModify":1693307971908,"author":{"id":"3574547619690492","authorId":"3574547619690492","name":"UTOtrader","avatar":"https://static.tigerbbs.com/82be6befb29ac8516e463638d3f659d5","crmLevel":4,"crmLevelSwitch":0},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/SENS\">$Senseonics(SENS)$ </a> Great buying [Miser] [Miser] [Miser] [Miser] [Miser] ","listText":"<a href=\"https://ttm.financial/S/SENS\">$Senseonics(SENS)$ </a> Great buying [Miser] [Miser] [Miser] [Miser] [Miser] ","text":"$Senseonics(SENS)$ Great buying [Miser] [Miser] [Miser] [Miser] [Miser]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/214177884717192","isVote":1,"tweetType":1,"viewCount":501,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3574547619690492","authorId":"3574547619690492","name":"UTOtrader","avatar":"https://static.tigerbbs.com/82be6befb29ac8516e463638d3f659d5","crmLevel":4,"crmLevelSwitch":0},"content":"more buying [Miser] [Miser] [Miser] [Miser] [Miser]","text":"more buying [Miser] [Miser] [Miser] [Miser] [Miser]","html":"more buying [Miser] [Miser] [Miser] [Miser] [Miser]"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":214177369329728,"gmtCreate":1693307843661,"gmtModify":1693307846749,"author":{"id":"3574547619690492","authorId":"3574547619690492","name":"UTOtrader","avatar":"https://static.tigerbbs.com/82be6befb29ac8516e463638d3f659d5","crmLevel":4,"crmLevelSwitch":0},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/PFE\">$Pfizer(PFE)$ </a> Buying more up [Miser] [Miser] [Miser] [Miser] [Miser] ","listText":"<a href=\"https://ttm.financial/S/PFE\">$Pfizer(PFE)$ </a> Buying more up [Miser] [Miser] [Miser] [Miser] [Miser] ","text":"$Pfizer(PFE)$ Buying more up [Miser] [Miser] [Miser] [Miser] [Miser]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/214177369329728","isVote":1,"tweetType":1,"viewCount":248,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":214176512237688,"gmtCreate":1693307805835,"gmtModify":1693307808431,"author":{"id":"3574547619690492","authorId":"3574547619690492","name":"UTOtrader","avatar":"https://static.tigerbbs.com/82be6befb29ac8516e463638d3f659d5","crmLevel":4,"crmLevelSwitch":0},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$ </a><v-v 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[Miser]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/214176512237688","isVote":1,"tweetType":1,"viewCount":236,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":214177033531616,"gmtCreate":1693307763627,"gmtModify":1693307767031,"author":{"id":"3574547619690492","authorId":"3574547619690492","name":"UTOtrader","avatar":"https://static.tigerbbs.com/82be6befb29ac8516e463638d3f659d5","crmLevel":4,"crmLevelSwitch":0},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/S51.SI\">$Seatrium(S51.SI)$ </a><v-v data-views=\"1\"></v-v>BullishBullishBullishBullishBullishBullishBullish Buying up [Miser] [Miser] [Miser] [Miser] [Miser] ","listText":"<a href=\"https://ttm.financial/S/S51.SI\">$Seatrium(S51.SI)$ </a><v-v data-views=\"1\"></v-v>BullishBullishBullishBullishBullishBullishBullish Buying up [Miser] [Miser] [Miser] [Miser] [Miser] ","text":"$Seatrium(S51.SI)$ BullishBullishBullishBullishBullishBullishBullish Buying up [Miser] [Miser] [Miser] [Miser] [Miser]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/214177033531616","isVote":1,"tweetType":1,"viewCount":159,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":214138424438944,"gmtCreate":1693298457386,"gmtModify":1693298461914,"author":{"id":"3574547619690492","authorId":"3574547619690492","name":"UTOtrader","avatar":"https://static.tigerbbs.com/82be6befb29ac8516e463638d3f659d5","crmLevel":4,"crmLevelSwitch":0},"themes":[],"htmlText":"Power buying now","listText":"Power buying now","text":"Power buying now","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/214138424438944","repostId":"1181092236","repostType":4,"repost":{"id":"1181092236","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1693296206,"share":"https://www.laohu8.com/m/news/1181092236?lang=&edition=full","pubTime":"2023-08-29 16:03","market":"us","language":"en","title":"UP Fintech Reports Two-Year High 2023 Q2 Results","url":"https://stock-news.laohu8.com/highlight/detail?id=1181092236","media":"Tiger Newspress","summary":"Revenue for the quarter reached US$66.1 million, marking a 23.5% year-over-year (YoY) increaseNon-GAAP profit soared to US$15.3 million, up 48.4% quarter-over-quarter (QoQ), achieving a two-year recor","content":"<html><head></head><body><ul><li><p>Revenue for the quarter reached US$66.1 million, marking a 23.5% year-over-year (YoY) increase</p></li><li><p style=\"text-align: left;\">Non-GAAP profit soared to US$15.3 million, up 48.4% quarter-over-quarter (QoQ), achieving a two-year record high.</p></li><li><p style=\"text-align: left;\">The launch of TigerGPT, an AI-powered investment assistant, in Singapore, New Zealand, Australia, and Hong Kong SAR, highlights the Company's commitment to cutting-edge fintech innovation.</p></li></ul><p style=\"text-align: left;\"><strong>Singapore and New York, Aug 29, 2023</strong> — UP Fintech Holding Limited ("UP Fintech" or the "Company", Nasdaq: TIGR, and all its subsidiaries and consolidated entities), today announced its unaudited financial results for the second quarter ended June 30, 2023. Driven by a strategic global expansion and an unwavering commitment to fintech innovation, the Company's revenue for the quarter reached US$66.1 million, marking a 23.5% year-over-year (YoY) increase. The non-GAAP profit attributable to UP Fintech soared to US$15.3 million, up 48.4% quarter-over-quarter (QoQ) and nearly 3.4 times YoY, achieving a two-year record high, surpassing the previous year's total.</p><p style=\"text-align: left;\">During the second quarter, 58,582 new customer accounts were added to UP Fintech's global portfolio, bringing the total to 2.12 million. A total of 29,077 new customers with deposits (funded accounts) were added this quarter, elevating the total number of funded accounts to 840,931, marking a 15% increase YoY.</p><p style=\"text-align: left;\">The total trading volume by customers on the Company's platform reached US$65.1 billion during the second quarter, with US$19.3 billion attributed to stock trading. Additionally, 7.76 million options and futures contracts were traded by clients. Customer assets saw a significant increase, amounting to US$17.3 billion during the reporting period, a rise of 16.2% YoY. Moreover, the quarterly net asset inflow approached the substantial figure of US$1.6 billion, reflecting the strong trust and engagement the Company continues to foster within its client base.</p><p style=\"text-align: left;\"><strong>CEO highlights: strong performance, global expansion, and innovation</strong></p><p style=\"text-align: left;\">Wu Tianhua, CEO and founder of UP Fintech, said: "The second quarter marked a period of gradual recovery in the overall market, and UP Fintech's performance mirrored this trend. Our revenue remained stable and showed encouraging improvement, culminating in a double-digit growth year-over-year. The non-GAAP net profit's significant growth, surpassing the total of the previous year, underscores our strong financial position.</p><p style=\"text-align: left;\">"In the realm of international expansion, we are proud to report robust growth in our global customers with deposits. With nearly 60,000 funded clients acquired in the first half, we've surpassed the halfway mark of our ambitious 100,000 new customer target for the year. Our strategic launch of diverse wealth management products in pivotal markets such as Singapore and Hong Kong has resonated well with our clientele. These initiatives offer more financial choices in an unpredictable market landscape. Separately, Australia's record growth underscores our global expansion success.</p><p style=\"text-align: left;\">"As for product innovation, the second quarter saw the significant launch of our Hong Kong stock AIP (automatic investment plan). This positions Tiger Trade as one of the few platforms offering the AIP feature in both Hong Kong and U.S. stocks. By enabling small-amount investors to access high-priced stocks of premium companies, we have further democratized investment opportunities and broadened our reach.</p><p style=\"text-align: left;\">"Looking to the future, our commitment to product and technological innovation remains unwavering. We will continue to fortify our leading positions in existing markets through quality financial services, streamline operations, and enhance efficiency. Our confidence in this strategic direction is steadfast, and we believe it will fuel sustainable growth, forging greater value for our customers and shareholders alike."</p><p style=\"text-align: left;\"><strong>Singapore: services introduced for high-net-worth clients</strong><br/><strong>Hong Kong, Australia: broadened product portfolio</strong></p><p style=\"text-align: left;\">In the second quarter, the Company further strengthened its presence in Singapore, a key strategic market. The Capital Market Services License (LMS) from the Monetary Authority of Singapore was obtained, followed by the subsequent launch of Tiger Fund Management (TFM) services.</p><p style=\"text-align: left;\">Targeting Singapore-centric investment themes such as Real Estate Investment Trusts (REITs), banking, and technology, TFM aims to secure long-term returns for high-net-worth clients. This initiative enhances the firm's wealth management capabilities in Singapore, where a remarkable monthly sequential growth rate in fund sales of up to 43% was observed during the quarter.</p><p style=\"text-align: left;\">Celebrating the Company's ninth anniversary, a series of offline events were hosted across Singapore's business districts, attracting over 10,000 participants and strengthening connections with clients.</p><p style=\"text-align: left;\">The Hong Kong market experienced significant growth in Q2, with new funded account numbers nearly tripling sequentially. The product portfolio was expanded, adding Hong Kong Hang Seng Index futures and global futures. This quarter also marked the introduction of Tiger Vault, a cash management service featuring Hong Kong dollar and U.S. dollar money market funds. With a daily average yield of over US$ 1.3 per US$ 10,000 investment*, these innovative funds have outperformed similar products in Hong Kong. Creative marketing efforts, including themed vehicles, resonated with the public, enhancing brand awareness and appeal.</p><p style=\"text-align: left;\">The number of funding customers in Australia reached a record high in the quarter, nearly doubling sequentially. An innovative uninvested cash interest service, with a U.S. dollar annual interest rate of up to 3.25%, received widespread acclaim, reflecting our commitment to benefiting customers. Recognition also came through awards such as the 2023 Outstanding Value Award from Canstar and the 2023 Expert's Choice from Mozo.</p><p style=\"text-align: left;\">In New Zealand, the company collaborated with Massey University and the University of Otago to extend educational initiatives, promoting financial literacy through simulated trading activities and special lectures.</p><p style=\"text-align: left;\"><strong>Hong Kong stock AIP launched with investment threshold at HK$500</strong></p><p style=\"text-align: left;\"><strong>TigerGPT officially unveiled in Singapore, New Zealand, Australia, and Hong Kong</strong></p><p style=\"text-align: left;\">In the second quarter, commission income reached US$22.0 million, and interest-related income climbed to US$39.3 million, marking a QoQ increase of approximately 5%. This financial performance coincides with the Company's ongoing commitment to innovation, demonstrated by the introduction of transformative features such as the Hong Kong stock automatic investment plan (AIP) and the AI-powered investment assistant, TigerGPT.</p><p style=\"text-align: left;\">The introduction of the Hong Kong stock AIP lowers the entry threshold to the Hong Kong stock market to just HKD 500. With flexible investment plans available on a weekly, bi-weekly, or monthly basis, the Company is democratizing investment, leading the industry with unparalleled accessibility and adaptability.</p><p style=\"text-align: left;\">TigerGPT, following a successful beta testing, was officially unveiled to users in Singapore, New Zealand, Australia, and Hong Kong. TigerGPT's multi-round dialogue system delivers personalized content, enabling investors to rapidly access individual stock insights, distill key points from earnings calls, gauge market trends, and discern investor sentiment. This innovation significantly amplifies investment research efficiency and is seamlessly integrated with individual stock targets, alerting users to abnormal trading patterns or significant market events.</p><p style=\"text-align: left;\">The Company's wealth management business also saw robust growth, with a quarter-over-quarter increase of 41% in assets under management (AUM) and a 29% growth in users. The cash management product, "Tiger Vault," experienced a 44% surge in AUM and a 36% growth in users. Tiger Vault's unique ability to directly purchase stocks, options, funds, and IPO subscriptions offers customers a seamless and integrated investment experience. Notably, around 17% of new customers who funded their accounts this quarter have included wealth management products in their portfolios.</p><p style=\"text-align: left;\"><strong>UP Fintech in top three for Hong Kong stock underwriting</strong><br/><strong>ESOP Client Engagement further strengthened</strong></p><p style=\"text-align: left;\">During the reporting period, the Company's other revenues, encompassing services such as investment banking and Employee Stock Ownership Plan (ESOP), amounted to US$4.8 million.</p><p style=\"text-align: left;\">In the U.S., the Company's investment banking division acted as the exclusive lead underwriter for Ispire Technology Lmt.'s IPO. Meanwhile, in Hong Kong, the Company underwrote six IPO projects during the quarter. Having underwritten 13 Hong Kong stock IPOs in the first half of the year, the Company now ranks among the top three for Hong Kong stock underwriting, confirmed by third-party data provider Wind.</p><p style=\"text-align: left;\">On the ESOP front, the Company's brand UponeShare welcomed 30 new corporate clients during the quarter, elevating the total number of corporate clients to 478, a 31.3% increase YoY. The second quarter witnessed a substantial YoY growth in repurchase rate, exceeding 2.6 times, and a 15.7% QoQ growth, reinforcing client engagement.</p><p style=\"text-align: left;\"> </p><p style=\"text-align: left;\">*Example based on underlying Bosera USD Money Market Fund A shares. During 2023 Q2, the fund's recent 7-day average yield per US$10,000 exceeded US$1.3. Past performance data from a third party does not predict future performance.</p><p style=\"text-align: left;\"> </p><p style=\"text-align: left;\"><strong><u>About UP Fintech</u></strong></p><p style=\"text-align: left;\">UP Fintech Holding Limited (Nasdaq: TIGR), also known as Tiger Brokers, is a leading online brokerage firm with a focus on redefining global investing with technologies for the next generation.</p><p style=\"text-align: left;\">Founded in 2014, the Company relentlessly offers superior user experience in pursuit of becoming a world-leading online brokerage, to let everyone enjoy efficient and smart investing. Currently, we offer a multitude of quality financial products and services across brokerage, employee stock ownership plan (ESOP) management, investment banking, wealth management, investor community, and investor education.<br/>UP Fintech strives to elevate financial technology R&D to a new level. While we inherit the best traditions from the financial sector and blend them with the best minds of tech experts, we develop our own technology infrastructure—an aggregation that enables multi-currency trading of various products across markets, guaranteeing our reliable, secure, and scalable services are accessible to all with low latency.</p><p style=\"text-align: left;\">In March 2019, UP Fintech was listed on Nasdaq under the ticker TIGR. As of now, we serve over 9 million users and more than 2 million account holders worldwide on our flagship platform “Tiger Trade”, own 70 licenses and qualifications in different markets, and have over 1,000 employees on the team in Singapore, New Zealand, the US, Hong Kong, Australia, and Mainland China.<br/>For more information about UP Fintech as a Company, please visit itigerup.com.<br/>For media inquiries, please contact press@itiger.com</p><p style=\"text-align: left;\"> </p><p style=\"text-align: left;\"><strong><u>Safe Harbor Statement</u></strong></p><p style=\"text-align: left;\">This announcement contains forward−looking statements. These statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward−looking statements can be identified by terminology such as "may," "might," "aim," "likely to," "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates" and similar statements or expressions. Among other statements, the business outlook and quotations from management in this announcement, as well as the Company's strategic and operational plans, and expectations regarding growth, expansion of its business lines and customer acquisition, and the Company’s plans for future financing of its business, contain forward−looking statements. The Company may also make written or oral forward−looking statements in its periodic reports to the U.S. Securities and Exchange Commission ("SEC") on Forms 20−F and 6−K, in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties, including the earnings conference call. Statements that are not historical facts, including statements about the Company's beliefs and expectations, are forward−looking statements. Forward−looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward−looking statement, including but not limited to the following: the cooperation with Interactive Brokers LLC and Xiaomi Corporation and its affiliates; the Company's ability to effectively implement its growth strategies; trends and competition in global financial markets; changes in the Company's revenues and certain cost or expense accounting policies; the effects of the global COVID-19 pandemic; and governmental policies and regulations affecting the Company's industry and general economic conditions in China, Singapore and other countries. Further information regarding these and other risks is included in the Company's filings with the SEC, including the Company's annual report on Form 20-F filed with the SEC on April 26, 2023. All information provided in this press release and in the attachments is as of the date of this press release, and the Company undertakes no obligation to update any forward-looking statement, except as required under applicable law. Further information regarding these and other risks is included in the Company's filings with the SEC.</p><p style=\"text-align: left;\"> </p><p style=\"text-align: left;\"></p><p style=\"text-align: left;\"> </p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>UP Fintech Reports Two-Year High 2023 Q2 Results</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nUP Fintech Reports Two-Year High 2023 Q2 Results\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2023-08-29 16:03</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><ul><li><p>Revenue for the quarter reached US$66.1 million, marking a 23.5% year-over-year (YoY) increase</p></li><li><p style=\"text-align: left;\">Non-GAAP profit soared to US$15.3 million, up 48.4% quarter-over-quarter (QoQ), achieving a two-year record high.</p></li><li><p style=\"text-align: left;\">The launch of TigerGPT, an AI-powered investment assistant, in Singapore, New Zealand, Australia, and Hong Kong SAR, highlights the Company's commitment to cutting-edge fintech innovation.</p></li></ul><p style=\"text-align: left;\"><strong>Singapore and New York, Aug 29, 2023</strong> — UP Fintech Holding Limited ("UP Fintech" or the "Company", Nasdaq: TIGR, and all its subsidiaries and consolidated entities), today announced its unaudited financial results for the second quarter ended June 30, 2023. Driven by a strategic global expansion and an unwavering commitment to fintech innovation, the Company's revenue for the quarter reached US$66.1 million, marking a 23.5% year-over-year (YoY) increase. The non-GAAP profit attributable to UP Fintech soared to US$15.3 million, up 48.4% quarter-over-quarter (QoQ) and nearly 3.4 times YoY, achieving a two-year record high, surpassing the previous year's total.</p><p style=\"text-align: left;\">During the second quarter, 58,582 new customer accounts were added to UP Fintech's global portfolio, bringing the total to 2.12 million. A total of 29,077 new customers with deposits (funded accounts) were added this quarter, elevating the total number of funded accounts to 840,931, marking a 15% increase YoY.</p><p style=\"text-align: left;\">The total trading volume by customers on the Company's platform reached US$65.1 billion during the second quarter, with US$19.3 billion attributed to stock trading. Additionally, 7.76 million options and futures contracts were traded by clients. Customer assets saw a significant increase, amounting to US$17.3 billion during the reporting period, a rise of 16.2% YoY. Moreover, the quarterly net asset inflow approached the substantial figure of US$1.6 billion, reflecting the strong trust and engagement the Company continues to foster within its client base.</p><p style=\"text-align: left;\"><strong>CEO highlights: strong performance, global expansion, and innovation</strong></p><p style=\"text-align: left;\">Wu Tianhua, CEO and founder of UP Fintech, said: "The second quarter marked a period of gradual recovery in the overall market, and UP Fintech's performance mirrored this trend. Our revenue remained stable and showed encouraging improvement, culminating in a double-digit growth year-over-year. The non-GAAP net profit's significant growth, surpassing the total of the previous year, underscores our strong financial position.</p><p style=\"text-align: left;\">"In the realm of international expansion, we are proud to report robust growth in our global customers with deposits. With nearly 60,000 funded clients acquired in the first half, we've surpassed the halfway mark of our ambitious 100,000 new customer target for the year. Our strategic launch of diverse wealth management products in pivotal markets such as Singapore and Hong Kong has resonated well with our clientele. These initiatives offer more financial choices in an unpredictable market landscape. Separately, Australia's record growth underscores our global expansion success.</p><p style=\"text-align: left;\">"As for product innovation, the second quarter saw the significant launch of our Hong Kong stock AIP (automatic investment plan). This positions Tiger Trade as one of the few platforms offering the AIP feature in both Hong Kong and U.S. stocks. By enabling small-amount investors to access high-priced stocks of premium companies, we have further democratized investment opportunities and broadened our reach.</p><p style=\"text-align: left;\">"Looking to the future, our commitment to product and technological innovation remains unwavering. We will continue to fortify our leading positions in existing markets through quality financial services, streamline operations, and enhance efficiency. Our confidence in this strategic direction is steadfast, and we believe it will fuel sustainable growth, forging greater value for our customers and shareholders alike."</p><p style=\"text-align: left;\"><strong>Singapore: services introduced for high-net-worth clients</strong><br/><strong>Hong Kong, Australia: broadened product portfolio</strong></p><p style=\"text-align: left;\">In the second quarter, the Company further strengthened its presence in Singapore, a key strategic market. The Capital Market Services License (LMS) from the Monetary Authority of Singapore was obtained, followed by the subsequent launch of Tiger Fund Management (TFM) services.</p><p style=\"text-align: left;\">Targeting Singapore-centric investment themes such as Real Estate Investment Trusts (REITs), banking, and technology, TFM aims to secure long-term returns for high-net-worth clients. This initiative enhances the firm's wealth management capabilities in Singapore, where a remarkable monthly sequential growth rate in fund sales of up to 43% was observed during the quarter.</p><p style=\"text-align: left;\">Celebrating the Company's ninth anniversary, a series of offline events were hosted across Singapore's business districts, attracting over 10,000 participants and strengthening connections with clients.</p><p style=\"text-align: left;\">The Hong Kong market experienced significant growth in Q2, with new funded account numbers nearly tripling sequentially. The product portfolio was expanded, adding Hong Kong Hang Seng Index futures and global futures. This quarter also marked the introduction of Tiger Vault, a cash management service featuring Hong Kong dollar and U.S. dollar money market funds. With a daily average yield of over US$ 1.3 per US$ 10,000 investment*, these innovative funds have outperformed similar products in Hong Kong. Creative marketing efforts, including themed vehicles, resonated with the public, enhancing brand awareness and appeal.</p><p style=\"text-align: left;\">The number of funding customers in Australia reached a record high in the quarter, nearly doubling sequentially. An innovative uninvested cash interest service, with a U.S. dollar annual interest rate of up to 3.25%, received widespread acclaim, reflecting our commitment to benefiting customers. Recognition also came through awards such as the 2023 Outstanding Value Award from Canstar and the 2023 Expert's Choice from Mozo.</p><p style=\"text-align: left;\">In New Zealand, the company collaborated with Massey University and the University of Otago to extend educational initiatives, promoting financial literacy through simulated trading activities and special lectures.</p><p style=\"text-align: left;\"><strong>Hong Kong stock AIP launched with investment threshold at HK$500</strong></p><p style=\"text-align: left;\"><strong>TigerGPT officially unveiled in Singapore, New Zealand, Australia, and Hong Kong</strong></p><p style=\"text-align: left;\">In the second quarter, commission income reached US$22.0 million, and interest-related income climbed to US$39.3 million, marking a QoQ increase of approximately 5%. This financial performance coincides with the Company's ongoing commitment to innovation, demonstrated by the introduction of transformative features such as the Hong Kong stock automatic investment plan (AIP) and the AI-powered investment assistant, TigerGPT.</p><p style=\"text-align: left;\">The introduction of the Hong Kong stock AIP lowers the entry threshold to the Hong Kong stock market to just HKD 500. With flexible investment plans available on a weekly, bi-weekly, or monthly basis, the Company is democratizing investment, leading the industry with unparalleled accessibility and adaptability.</p><p style=\"text-align: left;\">TigerGPT, following a successful beta testing, was officially unveiled to users in Singapore, New Zealand, Australia, and Hong Kong. TigerGPT's multi-round dialogue system delivers personalized content, enabling investors to rapidly access individual stock insights, distill key points from earnings calls, gauge market trends, and discern investor sentiment. This innovation significantly amplifies investment research efficiency and is seamlessly integrated with individual stock targets, alerting users to abnormal trading patterns or significant market events.</p><p style=\"text-align: left;\">The Company's wealth management business also saw robust growth, with a quarter-over-quarter increase of 41% in assets under management (AUM) and a 29% growth in users. The cash management product, "Tiger Vault," experienced a 44% surge in AUM and a 36% growth in users. Tiger Vault's unique ability to directly purchase stocks, options, funds, and IPO subscriptions offers customers a seamless and integrated investment experience. Notably, around 17% of new customers who funded their accounts this quarter have included wealth management products in their portfolios.</p><p style=\"text-align: left;\"><strong>UP Fintech in top three for Hong Kong stock underwriting</strong><br/><strong>ESOP Client Engagement further strengthened</strong></p><p style=\"text-align: left;\">During the reporting period, the Company's other revenues, encompassing services such as investment banking and Employee Stock Ownership Plan (ESOP), amounted to US$4.8 million.</p><p style=\"text-align: left;\">In the U.S., the Company's investment banking division acted as the exclusive lead underwriter for Ispire Technology Lmt.'s IPO. Meanwhile, in Hong Kong, the Company underwrote six IPO projects during the quarter. Having underwritten 13 Hong Kong stock IPOs in the first half of the year, the Company now ranks among the top three for Hong Kong stock underwriting, confirmed by third-party data provider Wind.</p><p style=\"text-align: left;\">On the ESOP front, the Company's brand UponeShare welcomed 30 new corporate clients during the quarter, elevating the total number of corporate clients to 478, a 31.3% increase YoY. The second quarter witnessed a substantial YoY growth in repurchase rate, exceeding 2.6 times, and a 15.7% QoQ growth, reinforcing client engagement.</p><p style=\"text-align: left;\"> </p><p style=\"text-align: left;\">*Example based on underlying Bosera USD Money Market Fund A shares. During 2023 Q2, the fund's recent 7-day average yield per US$10,000 exceeded US$1.3. Past performance data from a third party does not predict future performance.</p><p style=\"text-align: left;\"> </p><p style=\"text-align: left;\"><strong><u>About UP Fintech</u></strong></p><p style=\"text-align: left;\">UP Fintech Holding Limited (Nasdaq: TIGR), also known as Tiger Brokers, is a leading online brokerage firm with a focus on redefining global investing with technologies for the next generation.</p><p style=\"text-align: left;\">Founded in 2014, the Company relentlessly offers superior user experience in pursuit of becoming a world-leading online brokerage, to let everyone enjoy efficient and smart investing. Currently, we offer a multitude of quality financial products and services across brokerage, employee stock ownership plan (ESOP) management, investment banking, wealth management, investor community, and investor education.<br/>UP Fintech strives to elevate financial technology R&D to a new level. While we inherit the best traditions from the financial sector and blend them with the best minds of tech experts, we develop our own technology infrastructure—an aggregation that enables multi-currency trading of various products across markets, guaranteeing our reliable, secure, and scalable services are accessible to all with low latency.</p><p style=\"text-align: left;\">In March 2019, UP Fintech was listed on Nasdaq under the ticker TIGR. As of now, we serve over 9 million users and more than 2 million account holders worldwide on our flagship platform “Tiger Trade”, own 70 licenses and qualifications in different markets, and have over 1,000 employees on the team in Singapore, New Zealand, the US, Hong Kong, Australia, and Mainland China.<br/>For more information about UP Fintech as a Company, please visit itigerup.com.<br/>For media inquiries, please contact press@itiger.com</p><p style=\"text-align: left;\"> </p><p style=\"text-align: left;\"><strong><u>Safe Harbor Statement</u></strong></p><p style=\"text-align: left;\">This announcement contains forward−looking statements. These statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward−looking statements can be identified by terminology such as "may," "might," "aim," "likely to," "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates" and similar statements or expressions. Among other statements, the business outlook and quotations from management in this announcement, as well as the Company's strategic and operational plans, and expectations regarding growth, expansion of its business lines and customer acquisition, and the Company’s plans for future financing of its business, contain forward−looking statements. The Company may also make written or oral forward−looking statements in its periodic reports to the U.S. Securities and Exchange Commission ("SEC") on Forms 20−F and 6−K, in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties, including the earnings conference call. Statements that are not historical facts, including statements about the Company's beliefs and expectations, are forward−looking statements. Forward−looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward−looking statement, including but not limited to the following: the cooperation with Interactive Brokers LLC and Xiaomi Corporation and its affiliates; the Company's ability to effectively implement its growth strategies; trends and competition in global financial markets; changes in the Company's revenues and certain cost or expense accounting policies; the effects of the global COVID-19 pandemic; and governmental policies and regulations affecting the Company's industry and general economic conditions in China, Singapore and other countries. Further information regarding these and other risks is included in the Company's filings with the SEC, including the Company's annual report on Form 20-F filed with the SEC on April 26, 2023. All information provided in this press release and in the attachments is as of the date of this press release, and the Company undertakes no obligation to update any forward-looking statement, except as required under applicable law. Further information regarding these and other risks is included in the Company's filings with the SEC.</p><p style=\"text-align: left;\"> </p><p style=\"text-align: left;\"></p><p style=\"text-align: left;\"> </p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TIGR":"老虎证券"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1181092236","content_text":"Revenue for the quarter reached US$66.1 million, marking a 23.5% year-over-year (YoY) increaseNon-GAAP profit soared to US$15.3 million, up 48.4% quarter-over-quarter (QoQ), achieving a two-year record high.The launch of TigerGPT, an AI-powered investment assistant, in Singapore, New Zealand, Australia, and Hong Kong SAR, highlights the Company's commitment to cutting-edge fintech innovation.Singapore and New York, Aug 29, 2023 — UP Fintech Holding Limited (\"UP Fintech\" or the \"Company\", Nasdaq: TIGR, and all its subsidiaries and consolidated entities), today announced its unaudited financial results for the second quarter ended June 30, 2023. Driven by a strategic global expansion and an unwavering commitment to fintech innovation, the Company's revenue for the quarter reached US$66.1 million, marking a 23.5% year-over-year (YoY) increase. The non-GAAP profit attributable to UP Fintech soared to US$15.3 million, up 48.4% quarter-over-quarter (QoQ) and nearly 3.4 times YoY, achieving a two-year record high, surpassing the previous year's total.During the second quarter, 58,582 new customer accounts were added to UP Fintech's global portfolio, bringing the total to 2.12 million. A total of 29,077 new customers with deposits (funded accounts) were added this quarter, elevating the total number of funded accounts to 840,931, marking a 15% increase YoY.The total trading volume by customers on the Company's platform reached US$65.1 billion during the second quarter, with US$19.3 billion attributed to stock trading. Additionally, 7.76 million options and futures contracts were traded by clients. Customer assets saw a significant increase, amounting to US$17.3 billion during the reporting period, a rise of 16.2% YoY. Moreover, the quarterly net asset inflow approached the substantial figure of US$1.6 billion, reflecting the strong trust and engagement the Company continues to foster within its client base.CEO highlights: strong performance, global expansion, and innovationWu Tianhua, CEO and founder of UP Fintech, said: \"The second quarter marked a period of gradual recovery in the overall market, and UP Fintech's performance mirrored this trend. Our revenue remained stable and showed encouraging improvement, culminating in a double-digit growth year-over-year. The non-GAAP net profit's significant growth, surpassing the total of the previous year, underscores our strong financial position.\"In the realm of international expansion, we are proud to report robust growth in our global customers with deposits. With nearly 60,000 funded clients acquired in the first half, we've surpassed the halfway mark of our ambitious 100,000 new customer target for the year. Our strategic launch of diverse wealth management products in pivotal markets such as Singapore and Hong Kong has resonated well with our clientele. These initiatives offer more financial choices in an unpredictable market landscape. Separately, Australia's record growth underscores our global expansion success.\"As for product innovation, the second quarter saw the significant launch of our Hong Kong stock AIP (automatic investment plan). This positions Tiger Trade as one of the few platforms offering the AIP feature in both Hong Kong and U.S. stocks. By enabling small-amount investors to access high-priced stocks of premium companies, we have further democratized investment opportunities and broadened our reach.\"Looking to the future, our commitment to product and technological innovation remains unwavering. We will continue to fortify our leading positions in existing markets through quality financial services, streamline operations, and enhance efficiency. Our confidence in this strategic direction is steadfast, and we believe it will fuel sustainable growth, forging greater value for our customers and shareholders alike.\"Singapore: services introduced for high-net-worth clientsHong Kong, Australia: broadened product portfolioIn the second quarter, the Company further strengthened its presence in Singapore, a key strategic market. The Capital Market Services License (LMS) from the Monetary Authority of Singapore was obtained, followed by the subsequent launch of Tiger Fund Management (TFM) services.Targeting Singapore-centric investment themes such as Real Estate Investment Trusts (REITs), banking, and technology, TFM aims to secure long-term returns for high-net-worth clients. This initiative enhances the firm's wealth management capabilities in Singapore, where a remarkable monthly sequential growth rate in fund sales of up to 43% was observed during the quarter.Celebrating the Company's ninth anniversary, a series of offline events were hosted across Singapore's business districts, attracting over 10,000 participants and strengthening connections with clients.The Hong Kong market experienced significant growth in Q2, with new funded account numbers nearly tripling sequentially. The product portfolio was expanded, adding Hong Kong Hang Seng Index futures and global futures. This quarter also marked the introduction of Tiger Vault, a cash management service featuring Hong Kong dollar and U.S. dollar money market funds. With a daily average yield of over US$ 1.3 per US$ 10,000 investment*, these innovative funds have outperformed similar products in Hong Kong. Creative marketing efforts, including themed vehicles, resonated with the public, enhancing brand awareness and appeal.The number of funding customers in Australia reached a record high in the quarter, nearly doubling sequentially. An innovative uninvested cash interest service, with a U.S. dollar annual interest rate of up to 3.25%, received widespread acclaim, reflecting our commitment to benefiting customers. Recognition also came through awards such as the 2023 Outstanding Value Award from Canstar and the 2023 Expert's Choice from Mozo.In New Zealand, the company collaborated with Massey University and the University of Otago to extend educational initiatives, promoting financial literacy through simulated trading activities and special lectures.Hong Kong stock AIP launched with investment threshold at HK$500TigerGPT officially unveiled in Singapore, New Zealand, Australia, and Hong KongIn the second quarter, commission income reached US$22.0 million, and interest-related income climbed to US$39.3 million, marking a QoQ increase of approximately 5%. This financial performance coincides with the Company's ongoing commitment to innovation, demonstrated by the introduction of transformative features such as the Hong Kong stock automatic investment plan (AIP) and the AI-powered investment assistant, TigerGPT.The introduction of the Hong Kong stock AIP lowers the entry threshold to the Hong Kong stock market to just HKD 500. With flexible investment plans available on a weekly, bi-weekly, or monthly basis, the Company is democratizing investment, leading the industry with unparalleled accessibility and adaptability.TigerGPT, following a successful beta testing, was officially unveiled to users in Singapore, New Zealand, Australia, and Hong Kong. TigerGPT's multi-round dialogue system delivers personalized content, enabling investors to rapidly access individual stock insights, distill key points from earnings calls, gauge market trends, and discern investor sentiment. This innovation significantly amplifies investment research efficiency and is seamlessly integrated with individual stock targets, alerting users to abnormal trading patterns or significant market events.The Company's wealth management business also saw robust growth, with a quarter-over-quarter increase of 41% in assets under management (AUM) and a 29% growth in users. The cash management product, \"Tiger Vault,\" experienced a 44% surge in AUM and a 36% growth in users. Tiger Vault's unique ability to directly purchase stocks, options, funds, and IPO subscriptions offers customers a seamless and integrated investment experience. Notably, around 17% of new customers who funded their accounts this quarter have included wealth management products in their portfolios.UP Fintech in top three for Hong Kong stock underwritingESOP Client Engagement further strengthenedDuring the reporting period, the Company's other revenues, encompassing services such as investment banking and Employee Stock Ownership Plan (ESOP), amounted to US$4.8 million.In the U.S., the Company's investment banking division acted as the exclusive lead underwriter for Ispire Technology Lmt.'s IPO. Meanwhile, in Hong Kong, the Company underwrote six IPO projects during the quarter. Having underwritten 13 Hong Kong stock IPOs in the first half of the year, the Company now ranks among the top three for Hong Kong stock underwriting, confirmed by third-party data provider Wind.On the ESOP front, the Company's brand UponeShare welcomed 30 new corporate clients during the quarter, elevating the total number of corporate clients to 478, a 31.3% increase YoY. The second quarter witnessed a substantial YoY growth in repurchase rate, exceeding 2.6 times, and a 15.7% QoQ growth, reinforcing client engagement. *Example based on underlying Bosera USD Money Market Fund A shares. During 2023 Q2, the fund's recent 7-day average yield per US$10,000 exceeded US$1.3. Past performance data from a third party does not predict future performance. About UP FintechUP Fintech Holding Limited (Nasdaq: TIGR), also known as Tiger Brokers, is a leading online brokerage firm with a focus on redefining global investing with technologies for the next generation.Founded in 2014, the Company relentlessly offers superior user experience in pursuit of becoming a world-leading online brokerage, to let everyone enjoy efficient and smart investing. Currently, we offer a multitude of quality financial products and services across brokerage, employee stock ownership plan (ESOP) management, investment banking, wealth management, investor community, and investor education.UP Fintech strives to elevate financial technology R&D to a new level. While we inherit the best traditions from the financial sector and blend them with the best minds of tech experts, we develop our own technology infrastructure—an aggregation that enables multi-currency trading of various products across markets, guaranteeing our reliable, secure, and scalable services are accessible to all with low latency.In March 2019, UP Fintech was listed on Nasdaq under the ticker TIGR. As of now, we serve over 9 million users and more than 2 million account holders worldwide on our flagship platform “Tiger Trade”, own 70 licenses and qualifications in different markets, and have over 1,000 employees on the team in Singapore, New Zealand, the US, Hong Kong, Australia, and Mainland China.For more information about UP Fintech as a Company, please visit itigerup.com.For media inquiries, please contact press@itiger.com Safe Harbor StatementThis announcement contains forward−looking statements. These statements are made under the \"safe harbor\" provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward−looking statements can be identified by terminology such as \"may,\" \"might,\" \"aim,\" \"likely to,\" \"will,\" \"expects,\" \"anticipates,\" \"future,\" \"intends,\" \"plans,\" \"believes,\" \"estimates\" and similar statements or expressions. Among other statements, the business outlook and quotations from management in this announcement, as well as the Company's strategic and operational plans, and expectations regarding growth, expansion of its business lines and customer acquisition, and the Company’s plans for future financing of its business, contain forward−looking statements. The Company may also make written or oral forward−looking statements in its periodic reports to the U.S. Securities and Exchange Commission (\"SEC\") on Forms 20−F and 6−K, in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties, including the earnings conference call. Statements that are not historical facts, including statements about the Company's beliefs and expectations, are forward−looking statements. Forward−looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward−looking statement, including but not limited to the following: the cooperation with Interactive Brokers LLC and Xiaomi Corporation and its affiliates; the Company's ability to effectively implement its growth strategies; trends and competition in global financial markets; changes in the Company's revenues and certain cost or expense accounting policies; the effects of the global COVID-19 pandemic; and governmental policies and regulations affecting the Company's industry and general economic conditions in China, Singapore and other countries. Further information regarding these and other risks is included in the Company's filings with the SEC, including the Company's annual report on Form 20-F filed with the SEC on April 26, 2023. All information provided in this press release and in the attachments is as of the date of this press release, and the Company undertakes no obligation to update any forward-looking statement, except as required under applicable law. Further information regarding these and other risks is included in the Company's filings with the SEC.","news_type":1},"isVote":1,"tweetType":1,"viewCount":83,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":211878498975968,"gmtCreate":1692759159185,"gmtModify":1692759161706,"author":{"id":"3574547619690492","authorId":"3574547619690492","name":"UTOtrader","avatar":"https://static.tigerbbs.com/82be6befb29ac8516e463638d3f659d5","crmLevel":4,"crmLevelSwitch":0},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/U96.SI\">$SEMBCORP INDUSTRIES LTD(U96.SI)$ </a><v-v data-views=\"1\"></v-v>BullishBullishBullishBullishBullishBullishBullish Buying [Miser] [Miser] [Miser] ","listText":"<a href=\"https://ttm.financial/S/U96.SI\">$SEMBCORP INDUSTRIES LTD(U96.SI)$ </a><v-v data-views=\"1\"></v-v>BullishBullishBullishBullishBullishBullishBullish Buying [Miser] [Miser] [Miser] ","text":"$SEMBCORP INDUSTRIES LTD(U96.SI)$ BullishBullishBullishBullishBullishBullishBullish Buying [Miser] [Miser] [Miser]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/211878498975968","isVote":1,"tweetType":1,"viewCount":120,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":211340178186464,"gmtCreate":1692627733211,"gmtModify":1692627735956,"author":{"id":"3574547619690492","authorId":"3574547619690492","name":"UTOtrader","avatar":"https://static.tigerbbs.com/82be6befb29ac8516e463638d3f659d5","crmLevel":4,"crmLevelSwitch":0},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$ </a><v-v data-views=\"1\"></v-v>BullishBullishBullishBullishBullishBullishBullish Flying up to high 300","listText":"<a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$ </a><v-v data-views=\"1\"></v-v>BullishBullishBullishBullishBullishBullishBullish Flying up to high 300","text":"$Tesla Motors(TSLA)$ BullishBullishBullishBullishBullishBullishBullish Flying up to high 300","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/211340178186464","isVote":1,"tweetType":1,"viewCount":118,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[],"lives":[]}