$Tiger Brokers(TIGR)$What happenedShares of UP Fintech Holding (NASDAQ:TIGR) dipped 25.4% in March, according to data from S&P Global Market Intelligence. The stock lost ground despite a strong quarterly report and favorable analyst coverage.UP Fintech operates Tiger Brokers, a Hong Kong-based online equities trading platform that has been gaining popularity in China. The company's share price has skyrocketed over the last year thanks to encouraging user addition and engagement trends, but the stock pulled back amid a broader sell-off for growth-dependent technology stocks in March.So whatDespite last month's sell-off, news was generally positive for UP Fintech. CICC analyst Zeyu Yao published a note initiating coverage on UP
$Tiger Brokers(TIGR)$Summary TIGR is a high-growth, potentially high-margin business with a mobile-oriented brokerage platform providing services mainly in China and the Southeast Asia region. TIGR is in pole position to benefit greatly from the retail trading boom and capture the nascent market for China's offshore online securities. However, there are significant business and regulatory risks. The situation around the recent Chinese crackdown debacle leaves many investors concerned, leading to a massive tech sell-off under further pressure. Chinese tech stocks are aggressively selling off, trading at significant discounts to their Western counterparts.However, this creates a huge opportunity for investors looking for an asymmetrically attractive hi
$Tiger Brokers(TIGR)$Contrary to quotable investing "wisdom," locking in profits may be one of the worst moves an investor can make.When it comes to investing, there's no shortage of bad advice floating around out there. Among the worst, though, is the old saw, "You can't go broke by taking a profit."The saying refers to the belief that if you have a stock that's gone up in value, it's hard to go wrong selling that stock and "locking in" the gains. But while the saying is technically true -- it's hard to picture a scenario where an investor is suddenly bankrupt after selling a stock at a profit -- it's a dangerous platitude for investors to follow.There's a name for thatThe practice of selling winning stocks and hanging on to losing ones is a practic
$Tiger Brokers(TIGR)$Total revenues decreased 35.2% year-over-year to US$52.6 million.• Total net revenues decreased 35.3% year-over-year to US$49.0 million. • Net loss attributable to UP Fintech was US$5.9 million compared to a net income of US$21.1 million in the same quarter of last year.Overall decrease is expected after futu's results. futu reported revenue decrease of 25.6% vs tigr's 35.2%. However net loss of $6m is less than expected.Tigr has 703k customers with deposits vs futu's 1,326k.Paying customers increased over 80% yoy vs futu's 68%.Although futu's results are marginally better, tigr still shows greater growth potential.Overall a good set of results.
$Futu Holdings Limited(FUTU)$First Quarter 2022 Operational Highlights Total number of paying clients1 increased 67.9% year-over-year to 1,326,163 as of March 31, 2022. Total number of registered clients2 increased 48.7% year-over-year to 2,910,995 as of March 31, 2022. Total number of users3 increased 27.1% year-over-year to 18.1 million as of March 31, 2022. Total client assets declined 16.5% year-over-year to HK$386.0 billion as of March 31, 2022. Daily average client assets were HK$388.2 billion in the first quarter of 2022, an increase of 0.9% from the same period in 2021. Total trading volume in the first quarter of 2022 declined 41.0% year-over-year to HK$1.3 trillion, in which trading volume for US stocks was HK$848.3 billion, trading volum
$Tiger Brokers(TIGR)$ Futu took 4 days to recover its 10% drop after issuing shares. Tigr dipped only 5%. Now that the bad news is over, next up will be HK license approval! Futu was $30 in Dec 2020 and $150 in June 2021. Tigr to $150 in Dec 2021!
$Tiger Brokers(TIGR)$Lets be honest, what is the probability that US will delist all Chinese stocks? How much chaos will that cause? Be realistic, that is never going to happen!
$Tiger Brokers(TIGR)$Tiger Brokers (Singapore) Pte. Ltd. or (“TBSPL”) has received approval-in-principle to be admitted as a Clearing Member of The Central Depository (Pte) Limited (“CDP”). TBSPL also received approval-in-principle from Singapore Exchange Securities Trading Limited (“SGX”) as well as Singapore Exchange Derivatives Trading Limited for admission as a trading member.Thought they were already approved?
$Tiger Brokers(TIGR)$$Tiger Brokers(TIGR)$ 20% short volume yesterday.it wasn't a technical rebound, it wasn't a correction. moving average yesterday was $26.72 at close. didn't seem like the shortist covered either because it would have been very obvious to see a 20% buy up. no need to panic, it is a friday which means the shortist would have to either cover or continue to pay interest over the market close weekend.
$Tiger Brokers(TIGR)$have faith, I believe immediate resistance is $16 and support at $14. It dropped below $14 today but pulled back up like it did over the past few days. Tigr has reached bottom, it will take a lot for tigr to close below $14.