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SirBahamut

Profile：巴哈姆特 | Tech and REIT specialist

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many investors dialing in, TSMC IR website crash and they have to pause the conference","listText":"So many investors dialing in, TSMC IR website crash and they have to pause the conference","text":"So many investors dialing in, TSMC IR website crash and they have to pause the conference","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/296484759670992","repostId":"1134236354","repostType":2,"repost":{"id":"1134236354","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1713418457,"share":"https://www.laohu8.com/m/news/1134236354?lang=&edition=full","pubTime":"2024-04-18 13:34","market":"us","language":"en","title":"TSMC Q1 Profit Rises 9%, Revenue of $18.87B Beats by $860M","url":"https://stock-news.laohu8.com/highlight/detail?id=1134236354","media":"Reuters","summary":"TSMC today announced consolidated revenue of NT$592.64 billion, net income of NT$225.49 billion, and diluted earnings per share of NT$8.70 for the first quarter ended March 31, 2024.Year-over-year, first quarter revenue increased 16.5% while net income and diluted EPS both increased 8.9%. 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All figures were prepared in accordance with TIFRS on a consolidated basis.In US ","content":"<html><head></head><body><p>Taiwanese chipmaker TSMC posted a 9% rise in first-quarter net profit on Thursday that beat market expectations as it rides a wave of demand for semiconductors used in artificial intelligence applications.</p><p>TSMC shares rose over 4% in overnight trading.</p><p>Taiwan Semiconductor Manufacturing Co Ltd (TSMC) , the world&#39;s largest contract chipmaker and a major Apple Inc and Nvidia supplier, has benefited from a surge towards AI that has helped it weather the tapering off of pandemic-led electronics demand and pushed TSMC&#39;s stock to a record high.</p><p>TSMC saw January-March net profit rise to T$225.5 billion ($6.98 billion) from T$206.9 billion a year earlier.</p><p>The profit beat a T$218.1 billion LSEG SmartEstimate by T$7.4 billion, which is weighted toward forecasts from analysts who are more consistently accurate.</p><p>TSMC, Asia&#39;s most valuable listed company, said first-quarter revenue rose 13% year-on-year to $18.87 billion, better than the company&#39;s previous forecast of $18 billion to $18.8 billion. The company last week announced first quarter revenue in Taiwan dollars, coming in at T$592.64 billion.</p><p>Capital expenditure in the first quarter was $5.77 billion, TSMC said, compared with $5.24 billion in the fourth quarter of 2023.</p><p>TSMC&#39;s Taipei-listed shares have surged 36% so far this year. The stock was flat on Thursday ahead of the results versus a 0.4% gain for the benchmark index.</p><h2 id=\"id_3408097843\">2Q24 Guidance</h2><p>Based on our current business outlook, management expects:</p><p>◼ Revenue to be between US$19.6 billion and US$20.4 billion</p><p>And, based on the exchange rate assumption of 1 US dollar to 32.3 NT dollars, management expects:</p><p>◼ Gross profit margin to be between 51% and 53%</p><p>◼ Operating profit margin to be between 40% and 42%</p><p>On Wednesday, ASML, the largest supplier of equipment to computer chip makers like TSMC, reported weaker than expected first-quarter new bookings, though sales to China held up despite U.S.-led restrictions.</p><p>($1 = 32.3190 Taiwan dollars)</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>TSMC Q1 Profit Rises 9%, Revenue of $18.87B Beats by $860M</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\">\nTSMC Q1 Profit Rises 9%, Revenue of $18.87B Beats by $860M\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2024-04-18 13:34</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Taiwanese chipmaker TSMC posted a 9% rise in first-quarter net profit on Thursday that beat market expectations as it rides a wave of demand for semiconductors used in artificial intelligence applications.</p><p>TSMC shares rose over 4% in overnight trading.</p><p>Taiwan Semiconductor Manufacturing Co Ltd (TSMC) , the world&#39;s largest contract chipmaker and a major Apple Inc and Nvidia supplier, has benefited from a surge towards AI that has helped it weather the tapering off of pandemic-led electronics demand and pushed TSMC&#39;s stock to a record high.</p><p>TSMC saw January-March net profit rise to T$225.5 billion ($6.98 billion) from T$206.9 billion a year earlier.</p><p>The profit beat a T$218.1 billion LSEG SmartEstimate by T$7.4 billion, which is weighted toward forecasts from analysts who are more consistently accurate.</p><p>TSMC, Asia&#39;s most valuable listed company, said first-quarter revenue rose 13% year-on-year to $18.87 billion, better than the company&#39;s previous forecast of $18 billion to $18.8 billion. The company last week announced first quarter revenue in Taiwan dollars, coming in at T$592.64 billion.</p><p>Capital expenditure in the first quarter was $5.77 billion, TSMC said, compared with $5.24 billion in the fourth quarter of 2023.</p><p>TSMC&#39;s Taipei-listed shares have surged 36% so far this year. The stock was flat on Thursday ahead of the results versus a 0.4% gain for the benchmark index.</p><h2 id=\"id_3408097843\">2Q24 Guidance</h2><p>Based on our current business outlook, management expects:</p><p>◼ Revenue to be between US$19.6 billion and US$20.4 billion</p><p>And, based on the exchange rate assumption of 1 US dollar to 32.3 NT dollars, management expects:</p><p>◼ Gross profit margin to be between 51% and 53%</p><p>◼ Operating profit margin to be between 40% and 42%</p><p>On Wednesday, ASML, the largest supplier of equipment to computer chip makers like TSMC, reported weaker than expected first-quarter new bookings, though sales to China held up despite U.S.-led restrictions.</p><p>($1 = 32.3190 Taiwan dollars)</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSM":"台积电"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1134236354","content_text":"Taiwanese chipmaker TSMC posted a 9% rise in first-quarter net profit on Thursday that beat market expectations as it rides a wave of demand for semiconductors used in artificial intelligence applications.TSMC shares rose over 4% in overnight trading.Taiwan Semiconductor Manufacturing Co Ltd (TSMC) , the world's largest contract chipmaker and a major Apple Inc and Nvidia supplier, has benefited from a surge towards AI that has helped it weather the tapering off of pandemic-led electronics demand and pushed TSMC's stock to a record high.TSMC saw January-March net profit rise to T$225.5 billion ($6.98 billion) from T$206.9 billion a year earlier.The profit beat a T$218.1 billion LSEG SmartEstimate by T$7.4 billion, which is weighted toward forecasts from analysts who are more consistently accurate.TSMC, Asia's most valuable listed company, said first-quarter revenue rose 13% year-on-year to $18.87 billion, better than the company's previous forecast of $18 billion to $18.8 billion. The company last week announced first quarter revenue in Taiwan dollars, coming in at T$592.64 billion.Capital expenditure in the first quarter was $5.77 billion, TSMC said, compared with $5.24 billion in the fourth quarter of 2023.TSMC's Taipei-listed shares have surged 36% so far this year. The stock was flat on Thursday ahead of the results versus a 0.4% gain for the benchmark index.2Q24 GuidanceBased on our current business outlook, management expects:◼ Revenue to be between US$19.6 billion and US$20.4 billionAnd, based on the exchange rate assumption of 1 US dollar to 32.3 NT dollars, management expects:◼ Gross profit margin to be between 51% and 53%◼ Operating profit margin to be between 40% and 42%On Wednesday, ASML, the largest supplier of equipment to computer chip makers like TSMC, reported weaker than expected first-quarter new bookings, though sales to China held up despite U.S.-led restrictions.($1 = 32.3190 Taiwan dollars)","news_type":1},"isVote":1,"tweetType":1,"viewCount":58,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":293786632503528,"gmtCreate":1712756792149,"gmtModify":1712757211306,"author":{"id":"3581734227956830","authorId":"3581734227956830","name":"SirBahamut","avatar":"https://community-static.tradeup.com/news/bfb00d5085e2ed1685d99f51539c6bb1","crmLevel":4,"crmLevelSwitch":0},"themes":[],"title":"Guess the winner，Earn Tiger Coins","htmlText":"Find out more here: <a href=\"https://www.atigrzen.com/activity/market/2024/trading-guess?inviteId=RCRPUPUB&amp;feature=Message&amp;utm_medium=tiger_community&amp;platform=iOS&amp;shareID=e903749b79da22d84d3d72ccdab5f29f&amp;invite=TIMER&amp;lang=en_US\">Guess the winner，Earn Tiger Coins</a> Come and participate in the“ Guess the winner，Earn Tiger Coins” event, find the trade master and invite friends to get up to 250 tiger coins.","listText":"Find out more here: <a href=\"https://www.atigrzen.com/activity/market/2024/trading-guess?inviteId=RCRPUPUB&amp;feature=Message&amp;utm_medium=tiger_community&amp;platform=iOS&amp;shareID=e903749b79da22d84d3d72ccdab5f29f&amp;invite=TIMER&amp;lang=en_US\">Guess the winner，Earn Tiger Coins</a> Come and participate in the“ Guess the winner，Earn Tiger Coins” event, find the trade master and invite friends to get up to 250 tiger coins.","text":"Find out more here: Guess the winner，Earn Tiger Coins Come and participate in the“ Guess the winner，Earn Tiger Coins” event, find the trade master and invite friends to get up to 250 tiger coins.","images":[{"img":"https://static.tigerbbs.com/f5b7f90833b0728cadecb5cb81220f1d"}],"top":1,"highlighted":1,"essential":1,"paper":2,"likeSize":10,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/293786632503528","isVote":1,"tweetType":1,"viewCount":126,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":290562873766048,"gmtCreate":1711944840717,"gmtModify":1711950759882,"author":{"id":"3581734227956830","authorId":"3581734227956830","name":"SirBahamut","avatar":"https://community-static.tradeup.com/news/bfb00d5085e2ed1685d99f51539c6bb1","crmLevel":4,"crmLevelSwitch":0},"themes":[],"title":"Guess the winner，Earn Tiger Coins","htmlText":"Find out more here: <a href=\"https://www.atigrzen.com/activity/market/2024/trading-guess?inviteId=RCRPUPUB&amp;utm_medium=tiger_community&amp;platform=iOS&amp;shareID=6f91f8d3171f98b7c4aac7dade732419&amp;invite=TIMER&amp;lang=en_US\">Guess the winner，Earn Tiger Coins</a> Come and participate in the“ Guess the winner，Earn Tiger Coins” event, find the trade master and invite friends to get up to 250 tiger coins.","listText":"Find out more here: <a href=\"https://www.atigrzen.com/activity/market/2024/trading-guess?inviteId=RCRPUPUB&amp;utm_medium=tiger_community&amp;platform=iOS&amp;shareID=6f91f8d3171f98b7c4aac7dade732419&amp;invite=TIMER&amp;lang=en_US\">Guess the winner，Earn Tiger Coins</a> Come and participate in the“ Guess the winner，Earn Tiger Coins” event, find the trade master and invite friends to get up to 250 tiger coins.","text":"Find out more here: Guess the winner，Earn Tiger Coins Come and participate in the“ Guess the winner，Earn Tiger Coins” event, find the trade master and invite friends to get up to 250 tiger coins.","images":[{"img":"https://static.tigerbbs.com/f5b7f90833b0728cadecb5cb81220f1d"}],"top":1,"highlighted":1,"essential":1,"paper":2,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/290562873766048","isVote":1,"tweetType":1,"viewCount":213,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":286713117843696,"gmtCreate":1711020763289,"gmtModify":1711020766565,"author":{"id":"3581734227956830","authorId":"3581734227956830","name":"SirBahamut","avatar":"https://community-static.tradeup.com/news/bfb00d5085e2ed1685d99f51539c6bb1","crmLevel":4,"crmLevelSwitch":0},"themes":[],"htmlText":"50!","listText":"50!","text":"50!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/286713117843696","isVote":1,"tweetType":1,"viewCount":95,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":285882158153888,"gmtCreate":1710830265290,"gmtModify":1710914509310,"author":{"id":"3581734227956830","authorId":"3581734227956830","name":"SirBahamut","avatar":"https://community-static.tradeup.com/news/bfb00d5085e2ed1685d99f51539c6bb1","crmLevel":4,"crmLevelSwitch":0},"themes":[],"title":"Nvidia’s GTC Event Day 1…. nothing exciting lei :(","htmlText":"Nvidia's GTC Technology Conference (GTC 2024) kicked off yesterday, highlighted by a keynote from Jensen Hwang spanning roughly two hours. With over 300,000 registrations (including online) and 10,000 attendees in the audience, this highly anticipated event rivaled the excitement of a Taylor Swift concert in Singapore! Ironically, Jensen Hwang began his address with a humorous remark, quipping, \"Today is not a concert,\" despite his rock star appearance in a leather jacket. In the keynote speech, Nvidia unveiled its next-generation Blackwell accelerated GPU computing architecture and the upcoming B200 chipset, specifically tailored for AI and data-center acceleration purposes. However, aside from the debut of the Blackwell chip (which is already widely anticipated), there were no major reve","listText":"Nvidia's GTC Technology Conference (GTC 2024) kicked off yesterday, highlighted by a keynote from Jensen Hwang spanning roughly two hours. With over 300,000 registrations (including online) and 10,000 attendees in the audience, this highly anticipated event rivaled the excitement of a Taylor Swift concert in Singapore! Ironically, Jensen Hwang began his address with a humorous remark, quipping, \"Today is not a concert,\" despite his rock star appearance in a leather jacket. In the keynote speech, Nvidia unveiled its next-generation Blackwell accelerated GPU computing architecture and the upcoming B200 chipset, specifically tailored for AI and data-center acceleration purposes. However, aside from the debut of the Blackwell chip (which is already widely anticipated), there were no major reve","text":"Nvidia's GTC Technology Conference (GTC 2024) kicked off yesterday, highlighted by a keynote from Jensen Hwang spanning roughly two hours. With over 300,000 registrations (including online) and 10,000 attendees in the audience, this highly anticipated event rivaled the excitement of a Taylor Swift concert in Singapore! Ironically, Jensen Hwang began his address with a humorous remark, quipping, \"Today is not a concert,\" despite his rock star appearance in a leather jacket. In the keynote speech, Nvidia unveiled its next-generation Blackwell accelerated GPU computing architecture and the upcoming B200 chipset, specifically tailored for AI and data-center acceleration purposes. However, aside from the debut of the Blackwell chip (which is already widely anticipated), there were no major reve","images":[],"top":1,"highlighted":1,"essential":1,"paper":2,"likeSize":6,"commentSize":1,"repostSize":2,"link":"https://ttm.financial/post/285882158153888","isVote":1,"tweetType":1,"viewCount":249,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":285881788457176,"gmtCreate":1710830066801,"gmtModify":1710841939654,"author":{"id":"3581734227956830","authorId":"3581734227956830","name":"SirBahamut","avatar":"https://community-static.tradeup.com/news/bfb00d5085e2ed1685d99f51539c6bb1","crmLevel":4,"crmLevelSwitch":0},"themes":[],"htmlText":"Nvidia's GTC Technology Conference (GTC 2024) kicked off yesterday, highlighted by a keynote from Jensen Hwang spanning roughly two hours. With over 300,000 registrations (including online) and 10,000 attendees in the audience, this highly anticipated event rivaled the excitement of a Taylor Swift concert in Singapore! Ironically, Jensen Hwang began his address with a humorous remark, quipping, \"Today is not a concert,\" despite his rock star appearance in a leather jacket. In the keynote speech, Nvidia unveiled its next-generation Blackwell accelerated GPU computing architecture and the upcoming B200 chipset, specifically tailored for AI and data-center acceleration purposes. However, aside from the debut of the Blackwell chip (which is already widely anticipated), there were no major reve","listText":"Nvidia's GTC Technology Conference (GTC 2024) kicked off yesterday, highlighted by a keynote from Jensen Hwang spanning roughly two hours. With over 300,000 registrations (including online) and 10,000 attendees in the audience, this highly anticipated event rivaled the excitement of a Taylor Swift concert in Singapore! Ironically, Jensen Hwang began his address with a humorous remark, quipping, \"Today is not a concert,\" despite his rock star appearance in a leather jacket. In the keynote speech, Nvidia unveiled its next-generation Blackwell accelerated GPU computing architecture and the upcoming B200 chipset, specifically tailored for AI and data-center acceleration purposes. However, aside from the debut of the Blackwell chip (which is already widely anticipated), there were no major reve","text":"Nvidia's GTC Technology Conference (GTC 2024) kicked off yesterday, highlighted by a keynote from Jensen Hwang spanning roughly two hours. With over 300,000 registrations (including online) and 10,000 attendees in the audience, this highly anticipated event rivaled the excitement of a Taylor Swift concert in Singapore! Ironically, Jensen Hwang began his address with a humorous remark, quipping, \"Today is not a concert,\" despite his rock star appearance in a leather jacket. In the keynote speech, Nvidia unveiled its next-generation Blackwell accelerated GPU computing architecture and the upcoming B200 chipset, specifically tailored for AI and data-center acceleration purposes. However, aside from the debut of the Blackwell chip (which is already widely anticipated), there were no major reve","images":[],"top":1,"highlighted":1,"essential":2,"paper":1,"likeSize":182,"commentSize":0,"repostSize":14,"link":"https://ttm.financial/post/285881788457176","isVote":1,"tweetType":1,"viewCount":727,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":284210291683632,"gmtCreate":1710403287382,"gmtModify":1710405548169,"author":{"id":"3581734227956830","authorId":"3581734227956830","name":"SirBahamut","avatar":"https://community-static.tradeup.com/news/bfb00d5085e2ed1685d99f51539c6bb1","crmLevel":4,"crmLevelSwitch":0},"themes":[],"title":"Brookfield is buying Optus for A$18bil from Singtel? Its too good to be true lah!","htmlText":"<a href=\"https://ttm.financial/S/Z74.SI\">$Singtel(Z74.SI)$&nbsp;</a><v-v data-views=\"1\"></v-v>&nbsp; Yesterday, Australian Financial Review reported that Singtel might be selling its subsidiary Optus to Brookfield. The potential deal is estimated to be worth around A$16-18 billion; and the reported news suggest the discussions are progressing well, and Brookfield might involve another company as a partner for the acquisition. Shortly after, Singtel dismissed the media reports that it is looking to offload Optus. From its announcement: “There is no impending deal to offload Optus for the said sum, as reported. Optus remains an integral and strategic part of the Singtel Group and we are committed to Australia for the long term.” A$16-18 billion valuation for Optus sounds too good to be true","listText":"<a href=\"https://ttm.financial/S/Z74.SI\">$Singtel(Z74.SI)$&nbsp;</a><v-v data-views=\"1\"></v-v>&nbsp; Yesterday, Australian Financial Review reported that Singtel might be selling its subsidiary Optus to Brookfield. The potential deal is estimated to be worth around A$16-18 billion; and the reported news suggest the discussions are progressing well, and Brookfield might involve another company as a partner for the acquisition. Shortly after, Singtel dismissed the media reports that it is looking to offload Optus. From its announcement: “There is no impending deal to offload Optus for the said sum, as reported. Optus remains an integral and strategic part of the Singtel Group and we are committed to Australia for the long term.” A$16-18 billion valuation for Optus sounds too good to be true","text":"$Singtel(Z74.SI)$ Yesterday, Australian Financial Review reported that Singtel might be selling its subsidiary Optus to Brookfield. The potential deal is estimated to be worth around A$16-18 billion; and the reported news suggest the discussions are progressing well, and Brookfield might involve another company as a partner for the acquisition. Shortly after, Singtel dismissed the media reports that it is looking to offload Optus. From its announcement: “There is no impending deal to offload Optus for the said sum, as reported. Optus remains an integral and strategic part of the Singtel Group and we are committed to Australia for the long term.” A$16-18 billion valuation for Optus sounds too good to be true","images":[],"top":1,"highlighted":1,"essential":2,"paper":2,"likeSize":68,"commentSize":0,"repostSize":3,"link":"https://ttm.financial/post/284210291683632","isVote":1,"tweetType":1,"viewCount":4739,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":279279273250992,"gmtCreate":1709205035043,"gmtModify":1709205039090,"author":{"id":"3581734227956830","authorId":"3581734227956830","name":"SirBahamut","avatar":"https://community-static.tradeup.com/news/bfb00d5085e2ed1685d99f51539c6bb1","crmLevel":4,"crmLevelSwitch":0},"themes":[],"htmlText":"Nvidia and AMD has been sustaining my gains in this competition!","listText":"Nvidia and AMD has been sustaining my gains in this competition!","text":"Nvidia and AMD has been sustaining my gains in this competition!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/279279273250992","isVote":1,"tweetType":1,"viewCount":254,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":278158224179480,"gmtCreate":1708935847667,"gmtModify":1708936259109,"author":{"id":"3581734227956830","authorId":"3581734227956830","name":"SirBahamut","avatar":"https://community-static.tradeup.com/news/bfb00d5085e2ed1685d99f51539c6bb1","crmLevel":4,"crmLevelSwitch":0},"themes":[],"title":"Do not panic! Palo Alto’s loss is CrowdStrike’s gain!","htmlText":"<a href=\"https://ttm.financial/S/CRWD\">$CrowdStrike Holdings, Inc.(CRWD)$</a>&nbsp; In my previous post on Tiger Broker about CrowdStrike (CRWD), CRWD’S share price was around $260. Since then, it has skyrocketed to over $310, representing a nearly 20% gain in less than two months! At one point, CRWD’s share price even hit above $330! However, cybersecurity stocks, including CRWD and ZS, took a hit recently after Palo Alto Networks (PANW) issued lower-than-expected guidance and blamed \"spending fatigue\" in the industry. This pessimistic outlook caused CRWD and ZS shares to plummet over 10%, while PANW itself experienced a staggering 28% drop. PANW is not the same league as CRWD! Recent guidance from Palo Alto sparked concerns about a potential downturn in the cybersecurity sector. However,","listText":"<a href=\"https://ttm.financial/S/CRWD\">$CrowdStrike Holdings, Inc.(CRWD)$</a>&nbsp; In my previous post on Tiger Broker about CrowdStrike (CRWD), CRWD’S share price was around $260. Since then, it has skyrocketed to over $310, representing a nearly 20% gain in less than two months! At one point, CRWD’s share price even hit above $330! However, cybersecurity stocks, including CRWD and ZS, took a hit recently after Palo Alto Networks (PANW) issued lower-than-expected guidance and blamed \"spending fatigue\" in the industry. This pessimistic outlook caused CRWD and ZS shares to plummet over 10%, while PANW itself experienced a staggering 28% drop. PANW is not the same league as CRWD! Recent guidance from Palo Alto sparked concerns about a potential downturn in the cybersecurity sector. However,","text":"$CrowdStrike Holdings, Inc.(CRWD)$ In my previous post on Tiger Broker about CrowdStrike (CRWD), CRWD’S share price was around $260. Since then, it has skyrocketed to over $310, representing a nearly 20% gain in less than two months! At one point, CRWD’s share price even hit above $330! However, cybersecurity stocks, including CRWD and ZS, took a hit recently after Palo Alto Networks (PANW) issued lower-than-expected guidance and blamed \"spending fatigue\" in the industry. This pessimistic outlook caused CRWD and ZS shares to plummet over 10%, while PANW itself experienced a staggering 28% drop. PANW is not the same league as CRWD! Recent guidance from Palo Alto sparked concerns about a potential downturn in the cybersecurity sector. However,","images":[],"top":1,"highlighted":1,"essential":2,"paper":2,"likeSize":245,"commentSize":1,"repostSize":115,"link":"https://ttm.financial/post/278158224179480","isVote":1,"tweetType":1,"viewCount":3549,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":261568296435992,"gmtCreate":1704869811535,"gmtModify":1704875891250,"author":{"id":"3581734227956830","authorId":"3581734227956830","name":"SirBahamut","avatar":"https://community-static.tradeup.com/news/bfb00d5085e2ed1685d99f51539c6bb1","crmLevel":4,"crmLevelSwitch":0},"themes":[],"title":"ISRG: Solid beat for 4Q23!","htmlText":"<a href=\"https://ttm.financial/S/ISRG\">$Intuitive Surgical(ISRG)$</a> <a href=\"https://ttm.financial/S/SOXL\">$Semiconductor Bull 3X Shares(SOXL)$&nbsp;</a> <v-v data-views=\"1\"></v-v>&nbsp; Intuitive Surgical (ISRG) is one of my top choices among medical device companies and is my preferred stock to gain exposure in the healthcare sector. ISRG is a pioneer in robotic-assisted minimally invasive surgery, revolutionizing the healthcare landscape. Renowned for its da Vinci Surgical System, ISRG develops and manufactures advanced surgical platforms designed to enhance precision, control, and efficiency in complex procedures across various medical specialties. 4Q23 solid beat! Following the market closure today, ISRG announced fourth-quarter revenues of 1.93 billion dollars, marking a 17% increa","listText":"<a href=\"https://ttm.financial/S/ISRG\">$Intuitive Surgical(ISRG)$</a> <a href=\"https://ttm.financial/S/SOXL\">$Semiconductor Bull 3X Shares(SOXL)$&nbsp;</a> <v-v data-views=\"1\"></v-v>&nbsp; Intuitive Surgical (ISRG) is one of my top choices among medical device companies and is my preferred stock to gain exposure in the healthcare sector. ISRG is a pioneer in robotic-assisted minimally invasive surgery, revolutionizing the healthcare landscape. Renowned for its da Vinci Surgical System, ISRG develops and manufactures advanced surgical platforms designed to enhance precision, control, and efficiency in complex procedures across various medical specialties. 4Q23 solid beat! Following the market closure today, ISRG announced fourth-quarter revenues of 1.93 billion dollars, marking a 17% increa","text":"$Intuitive Surgical(ISRG)$ $Semiconductor Bull 3X Shares(SOXL)$ Intuitive Surgical (ISRG) is one of my top choices among medical device companies and is my preferred stock to gain exposure in the healthcare sector. ISRG is a pioneer in robotic-assisted minimally invasive surgery, revolutionizing the healthcare landscape. Renowned for its da Vinci Surgical System, ISRG develops and manufactures advanced surgical platforms designed to enhance precision, control, and efficiency in complex procedures across various medical specialties. 4Q23 solid beat! Following the market closure today, ISRG announced fourth-quarter revenues of 1.93 billion dollars, marking a 17% increa","images":[],"top":1,"highlighted":1,"essential":2,"paper":2,"likeSize":15,"commentSize":3,"repostSize":2,"link":"https://ttm.financial/post/261568296435992","isVote":1,"tweetType":1,"viewCount":891,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"4092623334628460","authorId":"4092623334628460","name":"dlkseng","avatar":"https://static.tigerbbs.com/02476b8b52536c798f64fc1fd6dfaab0","crmLevel":4,"crmLevelSwitch":0},"content":"Great ariticle, would you like to share it?","text":"Great ariticle, would you like to share it?","html":"Great ariticle, would you like to share it?"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":260895728169192,"gmtCreate":1704705734121,"gmtModify":1704709605960,"author":{"id":"3581734227956830","authorId":"3581734227956830","name":"SirBahamut","avatar":"https://community-static.tradeup.com/news/bfb00d5085e2ed1685d99f51539c6bb1","crmLevel":4,"crmLevelSwitch":0},"themes":[],"title":"CrowdStrike: Striking back at other cyber security stocks?","htmlText":"<a href=\"https://ttm.financial/S/CRWD\">$CrowdStrike Holdings, Inc.(CRWD)$</a>&nbsp;<a href=\"https://ttm.financial/S/TQQQ\">$Nasdaq100 Bull 3X ETF(TQQQ)$&nbsp;</a> <v-v data-views=\"1\"></v-v>&nbsp; One of the sectors I favoured in 2023 was Cybersecurity, from which I gained substantial profits using passive ETF such as CIBR and investing in individual stocks such as ZS, NET, and CRWD. Currently, while CrowdStrike (“CRWD”) appears costly at first glance, its trading valuation aligns reasonably well with similar companies when considering growth factors. CRWD is quite likely to experience a significant increase over the next few years due to its growth potential and strong fundamentals. Reacceleration of Endpoint security demand CrowdStrike continues to hold a strong position among cloud-native","listText":"<a href=\"https://ttm.financial/S/CRWD\">$CrowdStrike Holdings, Inc.(CRWD)$</a>&nbsp;<a href=\"https://ttm.financial/S/TQQQ\">$Nasdaq100 Bull 3X ETF(TQQQ)$&nbsp;</a> <v-v data-views=\"1\"></v-v>&nbsp; One of the sectors I favoured in 2023 was Cybersecurity, from which I gained substantial profits using passive ETF such as CIBR and investing in individual stocks such as ZS, NET, and CRWD. Currently, while CrowdStrike (“CRWD”) appears costly at first glance, its trading valuation aligns reasonably well with similar companies when considering growth factors. CRWD is quite likely to experience a significant increase over the next few years due to its growth potential and strong fundamentals. Reacceleration of Endpoint security demand CrowdStrike continues to hold a strong position among cloud-native","text":"$CrowdStrike Holdings, Inc.(CRWD)$ $Nasdaq100 Bull 3X ETF(TQQQ)$ One of the sectors I favoured in 2023 was Cybersecurity, from which I gained substantial profits using passive ETF such as CIBR and investing in individual stocks such as ZS, NET, and CRWD. Currently, while CrowdStrike (“CRWD”) appears costly at first glance, its trading valuation aligns reasonably well with similar companies when considering growth factors. CRWD is quite likely to experience a significant increase over the next few years due to its growth potential and strong fundamentals. Reacceleration of Endpoint security demand CrowdStrike continues to hold a strong position among cloud-native","images":[],"top":1,"highlighted":1,"essential":2,"paper":2,"likeSize":74,"commentSize":1,"repostSize":4,"link":"https://ttm.financial/post/260895728169192","isVote":1,"tweetType":1,"viewCount":843,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":259117175279712,"gmtCreate":1704273618801,"gmtModify":1704682543443,"author":{"id":"3581734227956830","authorId":"3581734227956830","name":"SirBahamut","avatar":"https://community-static.tradeup.com/news/bfb00d5085e2ed1685d99f51539c6bb1","crmLevel":4,"crmLevelSwitch":0},"themes":[],"title":"Own house got mortgaged but Manager say duno?? | EC World’s woes continue!","htmlText":"Yesterday, EC World REIT announced in SGX that three of its properties have been mortgaged without the consent or knowledge of its manager. OMG! Forchn Holdings, sponsor of EC World Reit, plunged the company into turmoil by secretly mortgaging key assets to secure financial aid from the Fuyang government without informing the REIT manager. The manager of EC World Reit said in a SGX filing those three properties – Fuzhou E-Commerce, Fu Heng Warehouse and Hengde Logistics – were mortgaged to two Fuyang government-linked entities in China. These funds – approximately 268.6 million – were provided to Forchn as arranged between the Fuyang government and the sponsor. The Manager added that EC World REIT was not aware of and did not consent to the arrangements, and have formally condemned the mo","listText":"Yesterday, EC World REIT announced in SGX that three of its properties have been mortgaged without the consent or knowledge of its manager. OMG! Forchn Holdings, sponsor of EC World Reit, plunged the company into turmoil by secretly mortgaging key assets to secure financial aid from the Fuyang government without informing the REIT manager. The manager of EC World Reit said in a SGX filing those three properties – Fuzhou E-Commerce, Fu Heng Warehouse and Hengde Logistics – were mortgaged to two Fuyang government-linked entities in China. These funds – approximately 268.6 million – were provided to Forchn as arranged between the Fuyang government and the sponsor. The Manager added that EC World REIT was not aware of and did not consent to the arrangements, and have formally condemned the mo","text":"Yesterday, EC World REIT announced in SGX that three of its properties have been mortgaged without the consent or knowledge of its manager. OMG! Forchn Holdings, sponsor of EC World Reit, plunged the company into turmoil by secretly mortgaging key assets to secure financial aid from the Fuyang government without informing the REIT manager. The manager of EC World Reit said in a SGX filing those three properties – Fuzhou E-Commerce, Fu Heng Warehouse and Hengde Logistics – were mortgaged to two Fuyang government-linked entities in China. These funds – approximately 268.6 million – were provided to Forchn as arranged between the Fuyang government and the sponsor. The Manager added that EC World REIT was not aware of and did not consent to the arrangements, and have formally condemned the mo","images":[],"top":1,"highlighted":1,"essential":2,"paper":2,"likeSize":121,"commentSize":3,"repostSize":12,"link":"https://ttm.financial/post/259117175279712","isVote":1,"tweetType":1,"viewCount":2216,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3585001294737518","authorId":"3585001294737518","name":"Universe宇宙","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":6,"crmLevelSwitch":0},"content":"It's over, it's over, Barbie Q, it's really Barbie Q, it's really finished, how can it be like this, how can it become like this, it's really Barbie Q, Barbie Q! [OMG] [OMG]","text":"It's over, it's over, Barbie Q, it's really Barbie Q, it's really finished, how can it be like this, how can it become like this, it's really Barbie Q, Barbie Q! [OMG] [OMG]","html":"It's over, it's over, Barbie Q, it's really Barbie Q, it's really finished, how can it be like this, how can it become like this, it's really Barbie Q, Barbie Q! [OMG] [OMG]"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":256595695173688,"gmtCreate":1703664710011,"gmtModify":1703668435672,"author":{"id":"3581734227956830","authorId":"3581734227956830","name":"SirBahamut","avatar":"https://community-static.tradeup.com/news/bfb00d5085e2ed1685d99f51539c6bb1","crmLevel":4,"crmLevelSwitch":0},"themes":[],"title":"Marvel: Is This Chipmaker the Next Tech Titan?","htmlText":"<a href=\"https://ttm.financial/S/SOXL\">$Semiconductor Bull 3X Shares(SOXL)$&nbsp;</a><v-v data-views=\"1\"></v-v> Marvell's expertise in the communications and connectivity sector positions it as a dominant force in expanding markets, such as data infrastructure, cloud services, and 5G technology. Their updated range, featuring advancements like 5G capabilities, 5/3nm chips, and specialized ASIC design for artificial intelligence, is poised to capitalize on the increasing emphasis on a data-centric economy. Marvell showcases its commitment to growth, both organically and through acquisitions, demonstrated by (i) its continuous innovation reflected in a robust portfolio boasting over 10,000 patents, and (ii) strategic acquisitions of Innovium (focused on cloud technology), Inphi (a data cente","listText":"<a href=\"https://ttm.financial/S/SOXL\">$Semiconductor Bull 3X Shares(SOXL)$&nbsp;</a><v-v data-views=\"1\"></v-v> Marvell's expertise in the communications and connectivity sector positions it as a dominant force in expanding markets, such as data infrastructure, cloud services, and 5G technology. Their updated range, featuring advancements like 5G capabilities, 5/3nm chips, and specialized ASIC design for artificial intelligence, is poised to capitalize on the increasing emphasis on a data-centric economy. Marvell showcases its commitment to growth, both organically and through acquisitions, demonstrated by (i) its continuous innovation reflected in a robust portfolio boasting over 10,000 patents, and (ii) strategic acquisitions of Innovium (focused on cloud technology), Inphi (a data cente","text":"$Semiconductor Bull 3X Shares(SOXL)$ Marvell's expertise in the communications and connectivity sector positions it as a dominant force in expanding markets, such as data infrastructure, cloud services, and 5G technology. Their updated range, featuring advancements like 5G capabilities, 5/3nm chips, and specialized ASIC design for artificial intelligence, is poised to capitalize on the increasing emphasis on a data-centric economy. Marvell showcases its commitment to growth, both organically and through acquisitions, demonstrated by (i) its continuous innovation reflected in a robust portfolio boasting over 10,000 patents, and (ii) strategic acquisitions of Innovium (focused on cloud technology), Inphi (a data cente","images":[],"top":1,"highlighted":1,"essential":1,"paper":2,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/256595695173688","isVote":1,"tweetType":1,"viewCount":630,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":256235323695200,"gmtCreate":1703576592642,"gmtModify":1703623202692,"author":{"id":"3581734227956830","authorId":"3581734227956830","name":"SirBahamut","avatar":"https://community-static.tradeup.com/news/bfb00d5085e2ed1685d99f51539c6bb1","crmLevel":4,"crmLevelSwitch":0},"themes":[],"title":"Adam Khoo says he is done with China market. Should you?","htmlText":"<a href=\"https://ttm.financial/S/BABA\">$Alibaba(BABA)$&nbsp;</a><v-v data-views=\"1\"></v-v> Recently Adam Khoo made a video on his YouTube channel expressing his frustration on the latest gaming restrictions released by the Chinese government on Dec 22. He also said that he has sold all his stake in Tencent during the selldown, and will eventually sell away all his China holdings. Quite surprised that Adam Khoo, the guy who preachs not to listen to headline news, was spooked by Western media into selling. He didn't even give Tencent a chance to explain itself. What are the facts? From the actual facts I gathered: - NPPA (National Press and Publication Administration) made another announcement on Dec 23 that it will listen to feedbacks from all stakeholders and improve the rules. Also to not","listText":"<a href=\"https://ttm.financial/S/BABA\">$Alibaba(BABA)$&nbsp;</a><v-v data-views=\"1\"></v-v> Recently Adam Khoo made a video on his YouTube channel expressing his frustration on the latest gaming restrictions released by the Chinese government on Dec 22. He also said that he has sold all his stake in Tencent during the selldown, and will eventually sell away all his China holdings. Quite surprised that Adam Khoo, the guy who preachs not to listen to headline news, was spooked by Western media into selling. He didn't even give Tencent a chance to explain itself. What are the facts? From the actual facts I gathered: - NPPA (National Press and Publication Administration) made another announcement on Dec 23 that it will listen to feedbacks from all stakeholders and improve the rules. Also to not","text":"$Alibaba(BABA)$ Recently Adam Khoo made a video on his YouTube channel expressing his frustration on the latest gaming restrictions released by the Chinese government on Dec 22. He also said that he has sold all his stake in Tencent during the selldown, and will eventually sell away all his China holdings. Quite surprised that Adam Khoo, the guy who preachs not to listen to headline news, was spooked by Western media into selling. He didn't even give Tencent a chance to explain itself. What are the facts? From the actual facts I gathered: - NPPA (National Press and Publication Administration) made another announcement on Dec 23 that it will listen to feedbacks from all stakeholders and improve the rules. Also to not","images":[],"top":1,"highlighted":2,"essential":2,"paper":2,"likeSize":47,"commentSize":9,"repostSize":4,"link":"https://ttm.financial/post/256235323695200","isVote":1,"tweetType":1,"viewCount":2658,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"4113824102564902","authorId":"4113824102564902","name":"Lionel8383","avatar":"https://community-static.tradeup.com/news/816b168172cfedf6cec338c52322f186","crmLevel":2,"crmLevelSwitch":1},"content":"I will be exiting my Alibaba if i can get close to break even point too!","text":"I will be exiting my Alibaba if i can get close to break even point too!","html":"I will be exiting my Alibaba if i can get close to break even point too!"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":221449272647792,"gmtCreate":1695106967547,"gmtModify":1695106973564,"author":{"id":"3581734227956830","authorId":"3581734227956830","name":"SirBahamut","avatar":"https://community-static.tradeup.com/news/bfb00d5085e2ed1685d99f51539c6bb1","crmLevel":4,"crmLevelSwitch":0},"themes":[],"title":"Public Transport Fares Hike 7%, SBS to benefit?","htmlText":"<a href=\"https://ttm.financial/S/C52.SI\">$COMFORTDELGRO CORPORATION LTD(C52.SI)$&nbsp;</a><v-v data-views=\"1\"></v-v> The Public Transport Council (PTC) has announced that bus and train fares will increase by 7% from December 23rd, 2023. This is lower than the 12% increase that would have been applied under the revised fare formula introduced in April 2023. The maximum permissible fare adjustment for the current review is 22.6%, which takes into account the 10.6% increase that was deferred from the 2022 fare review exercise. The increase is mainly due to rising energy costs, core inflation, and wage growth. SBS and SMRT are expected to see their annual revenue increase by S$20.9 million and S$42.4 million respectively. The Public Transport Council has required that SBS and SMRT contribute 1","listText":"<a href=\"https://ttm.financial/S/C52.SI\">$COMFORTDELGRO CORPORATION LTD(C52.SI)$&nbsp;</a><v-v data-views=\"1\"></v-v> The Public Transport Council (PTC) has announced that bus and train fares will increase by 7% from December 23rd, 2023. This is lower than the 12% increase that would have been applied under the revised fare formula introduced in April 2023. The maximum permissible fare adjustment for the current review is 22.6%, which takes into account the 10.6% increase that was deferred from the 2022 fare review exercise. The increase is mainly due to rising energy costs, core inflation, and wage growth. SBS and SMRT are expected to see their annual revenue increase by S$20.9 million and S$42.4 million respectively. The Public Transport Council has required that SBS and SMRT contribute 1","text":"$COMFORTDELGRO CORPORATION LTD(C52.SI)$ The Public Transport Council (PTC) has announced that bus and train fares will increase by 7% from December 23rd, 2023. This is lower than the 12% increase that would have been applied under the revised fare formula introduced in April 2023. The maximum permissible fare adjustment for the current review is 22.6%, which takes into account the 10.6% increase that was deferred from the 2022 fare review exercise. The increase is mainly due to rising energy costs, core inflation, and wage growth. SBS and SMRT are expected to see their annual revenue increase by S$20.9 million and S$42.4 million respectively. The Public Transport Council has required that SBS and SMRT contribute 1","images":[],"top":1,"highlighted":2,"essential":2,"paper":2,"likeSize":189,"commentSize":15,"repostSize":11,"link":"https://ttm.financial/post/221449272647792","isVote":1,"tweetType":1,"viewCount":1860,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3585001294737518","authorId":"3585001294737518","name":"Universe宇宙","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":6,"crmLevelSwitch":0},"content":"@TigerGPT Count the number of times that fares increase and also count the number of times that fares decrease, and tell us.","text":"@TigerGPT Count the number of times that fares increase and also count the number of times that fares decrease, and tell us.","html":"@TigerGPT Count the number of times that fares increase and also count the number of times that fares decrease, and tell us."}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":219026696507496,"gmtCreate":1694499033796,"gmtModify":1694593900210,"author":{"id":"3581734227956830","authorId":"3581734227956830","name":"SirBahamut","avatar":"https://community-static.tradeup.com/news/bfb00d5085e2ed1685d99f51539c6bb1","crmLevel":4,"crmLevelSwitch":0},"themes":[],"title":"Alibaba's share price to take a hit as AliCloud leadership abruptly changes","htmlText":"<a href=\"https://ttm.financial/S/BABA\">$Alibaba(BABA)$&nbsp;</a><v-v data-views=\"0\"></v-v> As per the official announcement made on 10 September 2023, Alibaba has successfully executed its planned leadership transition. Joseph Tsai has assumed the role of chairman and Eddie Wu has taken on the responsibilities of CEO and director within the company. What came as a surprise was the decision by Daniel Zhang to step down from his positions as chairman and CEO of Alibaba Cloud. Eddie has temporarily taken over these roles. Looking ahead, Daniel Zhang is poised to establish a technology-focused fund, supported by a substantial investment of USD1 billion from Alibaba. His goal is to foster a more robust ecosystem for Alibaba's technological endeavours. Abrupt management change reflects badly on","listText":"<a href=\"https://ttm.financial/S/BABA\">$Alibaba(BABA)$&nbsp;</a><v-v data-views=\"0\"></v-v> As per the official announcement made on 10 September 2023, Alibaba has successfully executed its planned leadership transition. Joseph Tsai has assumed the role of chairman and Eddie Wu has taken on the responsibilities of CEO and director within the company. What came as a surprise was the decision by Daniel Zhang to step down from his positions as chairman and CEO of Alibaba Cloud. Eddie has temporarily taken over these roles. Looking ahead, Daniel Zhang is poised to establish a technology-focused fund, supported by a substantial investment of USD1 billion from Alibaba. His goal is to foster a more robust ecosystem for Alibaba's technological endeavours. Abrupt management change reflects badly on","text":"$Alibaba(BABA)$ As per the official announcement made on 10 September 2023, Alibaba has successfully executed its planned leadership transition. Joseph Tsai has assumed the role of chairman and Eddie Wu has taken on the responsibilities of CEO and director within the company. What came as a surprise was the decision by Daniel Zhang to step down from his positions as chairman and CEO of Alibaba Cloud. Eddie has temporarily taken over these roles. Looking ahead, Daniel Zhang is poised to establish a technology-focused fund, supported by a substantial investment of USD1 billion from Alibaba. His goal is to foster a more robust ecosystem for Alibaba's technological endeavours. Abrupt management change reflects badly on","images":[],"top":1,"highlighted":1,"essential":1,"paper":2,"likeSize":15,"commentSize":7,"repostSize":2,"link":"https://ttm.financial/post/219026696507496","isVote":1,"tweetType":1,"viewCount":779,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"9000000000000733","authorId":"9000000000000733","name":"littlesweetie","avatar":"https://static.tigerbbs.com/6e464260c1f36813365ad09eecdd364a","crmLevel":1,"crmLevelSwitch":0},"content":"This only can down down and down, in the best scenario we could see a low $60 price","text":"This only can down down and down, in the best scenario we could see a low $60 price","html":"This only can down down and down, in the best scenario we could see a low $60 price"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":217222025887904,"gmtCreate":1694056077188,"gmtModify":1694065155383,"author":{"id":"3581734227956830","authorId":"3581734227956830","name":"SirBahamut","avatar":"https://community-static.tradeup.com/news/bfb00d5085e2ed1685d99f51539c6bb1","crmLevel":4,"crmLevelSwitch":0},"themes":[],"title":"Shocking iPhone Ban in China: Does It Actually Matter?","htmlText":"<a href=\"https://ttm.financial/S/AAPL\">$Apple(AAPL)$&nbsp;</a><v-v data-views=\"1\"></v-v> Yesterday, a Wall Street Journal article hinted at the possibility that the Chinese government has imposed a ban on government officials carrying or using iPhones while at work. Consequently, Apple's faced a significant setback, plummeting by 3.6%, marking its steepest drop in a month, and this had a ripple effect on related supply chains in Korea/Taiwan/Hong Kong market this morning, likely exacerbated by overall weak market sentiment. What is the news? Reports indicated that Chinese government authorities have prohibited their employees from using iPhones and other foreign-branded devices during work hours. Employees at certain central government regulatory agencies have been directed, both in chat","listText":"<a href=\"https://ttm.financial/S/AAPL\">$Apple(AAPL)$&nbsp;</a><v-v data-views=\"1\"></v-v> Yesterday, a Wall Street Journal article hinted at the possibility that the Chinese government has imposed a ban on government officials carrying or using iPhones while at work. Consequently, Apple's faced a significant setback, plummeting by 3.6%, marking its steepest drop in a month, and this had a ripple effect on related supply chains in Korea/Taiwan/Hong Kong market this morning, likely exacerbated by overall weak market sentiment. What is the news? Reports indicated that Chinese government authorities have prohibited their employees from using iPhones and other foreign-branded devices during work hours. Employees at certain central government regulatory agencies have been directed, both in chat","text":"$Apple(AAPL)$ Yesterday, a Wall Street Journal article hinted at the possibility that the Chinese government has imposed a ban on government officials carrying or using iPhones while at work. Consequently, Apple's faced a significant setback, plummeting by 3.6%, marking its steepest drop in a month, and this had a ripple effect on related supply chains in Korea/Taiwan/Hong Kong market this morning, likely exacerbated by overall weak market sentiment. What is the news? Reports indicated that Chinese government authorities have prohibited their employees from using iPhones and other foreign-branded devices during work hours. Employees at certain central government regulatory agencies have been directed, both in chat","images":[],"top":1,"highlighted":1,"essential":2,"paper":2,"likeSize":5,"commentSize":7,"repostSize":2,"link":"https://ttm.financial/post/217222025887904","isVote":1,"tweetType":1,"viewCount":1498,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"9000000000000430","authorId":"9000000000000430","name":"PaulaBaldwin","avatar":"https://static.tigerbbs.com/7e02002a4ff0970395fc8264888e847d","crmLevel":1,"crmLevelSwitch":0},"content":"Apple is a consumer focused Company. Iphone 15 is a massive upgrade cycle. Huge number of people have not upgraded in 4 years. VisionPro also underestimated.","text":"Apple is a consumer focused Company. Iphone 15 is a massive upgrade cycle. Huge number of people have not upgraded in 4 years. VisionPro also underestimated.","html":"Apple is a consumer focused Company. Iphone 15 is a massive upgrade cycle. Huge number of people have not upgraded in 4 years. VisionPro also underestimated."}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":216981486072008,"gmtCreate":1693981617800,"gmtModify":1693982199153,"author":{"id":"3581734227956830","authorId":"3581734227956830","name":"SirBahamut","avatar":"https://community-static.tradeup.com/news/bfb00d5085e2ed1685d99f51539c6bb1","crmLevel":4,"crmLevelSwitch":0},"themes":[],"title":"Trip.com's Revenue Soars 180% in 2Q 2023!","htmlText":"<a href=\"https://ttm.financial/S/TCOM\">$Trip.com Group Limited(TCOM)$&nbsp;</a> Trip.com's 2Q23 results exceeded expectations, with total revenue up 180% year-on-year to RMB11.2 billion! Adjusted EBITDA was RMB3.5 billion. All businesses saw strong growth, thanks to continued strong domestic travel demand and a recovery in outbound travel. Both the domestic and outbound travel segments exhibited strong growth, with revenues reaching 150% and 50% of their 2019 levels respectively. Most importantly, there is no indication of a decline in travel activity! Domestic travel exceeded 2019 level! Accommodation revenue surged 216% year-on-year to Rmb4.3 billion, surpassing 2019 figures by an impressive 26%, while transportation revenue saw a remarkable increase of 173% year-on-year to Rmb4.8 billio","listText":"<a href=\"https://ttm.financial/S/TCOM\">$Trip.com Group Limited(TCOM)$&nbsp;</a> Trip.com's 2Q23 results exceeded expectations, with total revenue up 180% year-on-year to RMB11.2 billion! Adjusted EBITDA was RMB3.5 billion. All businesses saw strong growth, thanks to continued strong domestic travel demand and a recovery in outbound travel. Both the domestic and outbound travel segments exhibited strong growth, with revenues reaching 150% and 50% of their 2019 levels respectively. Most importantly, there is no indication of a decline in travel activity! Domestic travel exceeded 2019 level! Accommodation revenue surged 216% year-on-year to Rmb4.3 billion, surpassing 2019 figures by an impressive 26%, while transportation revenue saw a remarkable increase of 173% year-on-year to Rmb4.8 billio","text":"$Trip.com Group Limited(TCOM)$ Trip.com's 2Q23 results exceeded expectations, with total revenue up 180% year-on-year to RMB11.2 billion! Adjusted EBITDA was RMB3.5 billion. All businesses saw strong growth, thanks to continued strong domestic travel demand and a recovery in outbound travel. Both the domestic and outbound travel segments exhibited strong growth, with revenues reaching 150% and 50% of their 2019 levels respectively. Most importantly, there is no indication of a decline in travel activity! Domestic travel exceeded 2019 level! Accommodation revenue surged 216% year-on-year to Rmb4.3 billion, surpassing 2019 figures by an impressive 26%, while transportation revenue saw a remarkable increase of 173% year-on-year to Rmb4.8 billio","images":[],"top":1,"highlighted":1,"essential":2,"paper":2,"likeSize":77,"commentSize":5,"repostSize":12,"link":"https://ttm.financial/post/216981486072008","isVote":1,"tweetType":1,"viewCount":850,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"9000000000000350","authorId":"9000000000000350","name":"WendyDelia","avatar":"https://static.tigerbbs.com/4251b0865bcc1b377ea2bcfe346610fa","crmLevel":1,"crmLevelSwitch":0},"content":"beating earnings with a solid number and it drops? I'm never putting another dollar into this sketchy company!","text":"beating earnings with a solid number and it drops? I'm never putting another dollar into this sketchy company!","html":"beating earnings with a solid number and it drops? I'm never putting another dollar into this sketchy company!"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":214140497268840,"gmtCreate":1693298925104,"gmtModify":1693298940965,"author":{"id":"3581734227956830","authorId":"3581734227956830","name":"SirBahamut","avatar":"https://community-static.tradeup.com/news/bfb00d5085e2ed1685d99f51539c6bb1","crmLevel":4,"crmLevelSwitch":0},"themes":[],"htmlText":"Congrats Tiger!","listText":"Congrats Tiger!","text":"Congrats Tiger!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/214140497268840","repostId":"1181092236","repostType":2,"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&#39;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 (&#34;UP Fintech&#34; or the &#34;Company&#34;, 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&#39;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&#39;s total.</p><p style=\"text-align: left;\">During the second quarter, 58,582 new customer accounts were added to UP Fintech&#39;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&#39;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: &#34;The second quarter marked a period of gradual recovery in the overall market, and UP Fintech&#39;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&#39;s significant growth, surpassing the total of the previous year, underscores our strong financial position.</p><p style=\"text-align: left;\">&#34;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&#39;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&#39;s record growth underscores our global expansion success.</p><p style=\"text-align: left;\">&#34;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;\">&#34;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.&#34;</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&#39;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&#39;s ninth anniversary, a series of offline events were hosted across Singapore&#39;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&#39;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&#39;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&#39;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&#39;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, &#34;Tiger Vault,&#34; experienced a 44% surge in AUM and a 36% growth in users. Tiger Vault&#39;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&#39;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&#39;s investment banking division acted as the exclusive lead underwriter for Ispire Technology Lmt.&#39;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&#39;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&#39;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&amp;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 &#34;safe harbor&#34; provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward−looking statements can be identified by terminology such as &#34;may,&#34; &#34;might,&#34; &#34;aim,&#34; &#34;likely to,&#34; &#34;will,&#34; &#34;expects,&#34; &#34;anticipates,&#34; &#34;future,&#34; &#34;intends,&#34; &#34;plans,&#34; &#34;believes,&#34; &#34;estimates&#34; and similar statements or expressions. Among other statements, the business outlook and quotations from management in this announcement, as well as the Company&#39;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 (&#34;SEC&#34;) 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&#39;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&#39;s ability to effectively implement its growth strategies; trends and competition in global financial markets; changes in the Company&#39;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&#39;s industry and general economic conditions in China, Singapore and other countries. Further information regarding these and other risks is included in the Company&#39;s filings with the SEC, including the Company&#39;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&#39;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&#39;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 (&#34;UP Fintech&#34; or the &#34;Company&#34;, 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&#39;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&#39;s total.</p><p style=\"text-align: left;\">During the second quarter, 58,582 new customer accounts were added to UP Fintech&#39;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&#39;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: &#34;The second quarter marked a period of gradual recovery in the overall market, and UP Fintech&#39;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&#39;s significant growth, surpassing the total of the previous year, underscores our strong financial position.</p><p style=\"text-align: left;\">&#34;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&#39;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&#39;s record growth underscores our global expansion success.</p><p style=\"text-align: left;\">&#34;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;\">&#34;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.&#34;</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&#39;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&#39;s ninth anniversary, a series of offline events were hosted across Singapore&#39;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&#39;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&#39;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&#39;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&#39;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, &#34;Tiger Vault,&#34; experienced a 44% surge in AUM and a 36% growth in users. Tiger Vault&#39;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&#39;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&#39;s investment banking division acted as the exclusive lead underwriter for Ispire Technology Lmt.&#39;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&#39;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&#39;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&amp;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 &#34;safe harbor&#34; provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward−looking statements can be identified by terminology such as &#34;may,&#34; &#34;might,&#34; &#34;aim,&#34; &#34;likely to,&#34; &#34;will,&#34; &#34;expects,&#34; &#34;anticipates,&#34; &#34;future,&#34; &#34;intends,&#34; &#34;plans,&#34; &#34;believes,&#34; &#34;estimates&#34; and similar statements or expressions. Among other statements, the business outlook and quotations from management in this announcement, as well as the Company&#39;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 (&#34;SEC&#34;) 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&#39;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&#39;s ability to effectively implement its growth strategies; trends and competition in global financial markets; changes in the Company&#39;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&#39;s industry and general economic conditions in China, Singapore and other countries. Further information regarding these and other risks is included in the Company&#39;s filings with the SEC, including the Company&#39;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&#39;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":635,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":212297784983640,"gmtCreate":1692861545871,"gmtModify":1692861973716,"author":{"id":"3581734227956830","authorId":"3581734227956830","name":"SirBahamut","avatar":"https://community-static.tradeup.com/news/bfb00d5085e2ed1685d99f51539c6bb1","crmLevel":4,"crmLevelSwitch":0},"themes":[],"title":"Sunny Optical's Rainy Days are never ending","htmlText":"<a href=\"https://ttm.financial/S/02382\">$SUNNY OPTICAL(02382)$&nbsp;</a> For those of you who are unfamiliar with the Company, Sunny Optical is a leading integrated optical manufacturer in China that specializes in the design, research and development, manufacture and sale of optical-related products. The Company operates its business through three main segments: Optical Components (such as lens for handset, vehicle and AR/VR), Optoelectronic Products (such as handset camera module) and Optical Instruments (such as microscope), accounting for 33%, 66% and 1% of FY22 revenue. According to the Sunny Optical, it ranks first in the global handset and vehicle lens market in terms of market share. Weak smartphone in 1H23 Sunny Optical's net profit for the 1H2023 decreased by 67.8% y-o-y to RMB 4","listText":"<a href=\"https://ttm.financial/S/02382\">$SUNNY OPTICAL(02382)$&nbsp;</a> For those of you who are unfamiliar with the Company, Sunny Optical is a leading integrated optical manufacturer in China that specializes in the design, research and development, manufacture and sale of optical-related products. The Company operates its business through three main segments: Optical Components (such as lens for handset, vehicle and AR/VR), Optoelectronic Products (such as handset camera module) and Optical Instruments (such as microscope), accounting for 33%, 66% and 1% of FY22 revenue. According to the Sunny Optical, it ranks first in the global handset and vehicle lens market in terms of market share. Weak smartphone in 1H23 Sunny Optical's net profit for the 1H2023 decreased by 67.8% y-o-y to RMB 4","text":"$SUNNY OPTICAL(02382)$ For those of you who are unfamiliar with the Company, Sunny Optical is a leading integrated optical manufacturer in China that specializes in the design, research and development, manufacture and sale of optical-related products. The Company operates its business through three main segments: Optical Components (such as lens for handset, vehicle and AR/VR), Optoelectronic Products (such as handset camera module) and Optical Instruments (such as microscope), accounting for 33%, 66% and 1% of FY22 revenue. According to the Sunny Optical, it ranks first in the global handset and vehicle lens market in terms of market share. Weak smartphone in 1H23 Sunny Optical's net profit for the 1H2023 decreased by 67.8% y-o-y to RMB 4","images":[],"top":1,"highlighted":1,"essential":2,"paper":2,"likeSize":178,"commentSize":1,"repostSize":11,"link":"https://ttm.financial/post/212297784983640","isVote":1,"tweetType":1,"viewCount":1351,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[],"lives":[]}