WillsonToh personal page - To The Moon

WillsonToh

WillsonToh

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2022-03-19

$Tesla Motors(TSLA)$Hope once hit 1k on April, Elon will announce " I will be spilting the stock to1~>5. Let 🙏🏼🙏🏼🙏🏼

2023-08-07

$Mapletree PanAsia Com Tr(N2IU.SI)$ 🤦🏻‍♂️🤦🏻‍♂️🤦🏻‍♂️. There is a YouTube say it and it true Singapore stock are unless stock and will not grow. from 2 drop until like this don't know when it will close. Sigh. Come on go up please.

2022-03-10

$GENTING SINGAPORE LIMITED(G13.SI)$Ranging at 0.75 to 0.77 you do the risk and trading for day trade if you want

2022-01-23

$LION-PHILLIP S-REIT(CLR.SI)$I was thinking Of taking the dividend to reinvest it back. What do you all shareholders think?Yes? Or no?

2023-06-21

Yes! Powell please set 500 bsp in the next meeting 🤣

Fed's Powell Says Higher Interest Rates Needed to Curb Inflation

2022-03-01

[Spurting] but now it drop lol

TSMC Shares Bucked the Trend and Rose 3% in Early Trading

2022-05-05

$Tiger Brokers(TIGR)$Is under the light under hfcaa -> sec.gov/hfcaa

2022-03-19

$Tesla Motors(TSLA)$For those the not buy or buy in it 900

2022-02-28

$Ascott Trust(HMN.SI)$Buy!!!!

2022-03-21

$Grab Holdings(GRAB)$Please grab hold of some thing

2022-02-28

[Cry]

Palantir's Gold Bullion Bet And War With Russia

2022-04-11

Buy back stock lah pls

2022-01-31

$KEPPEL DC REIT(AJBU.SI)$Take note Today ex d which I believe will drop further don't panic

03-28

$AMC Entertainment(AMC)$ They are putting out sale for investors. Good luck

2022-04-04

$Tesla Motors(TSLA)$It's not too late to buy before it hit 2k or April q announcements

2022-03-22

$Alibaba(BABA)$Accidentally Forget to Cancel my trade and sold it. [Cry]

2022-03-21

$Alibaba(BABA)$Go go Alibaba! You are number1

2022-01-27

$NikkoAM-STC CN EV S$(EVS.SI)$I think we can buy if it hit 0.9

2022-01-20

$LION-PHILLIP S-REIT(CLR.SI)$Will I get dividend if I buy now?

2023-11-28

$Tiger Brokers(TIGR)$ go up initial and come down in the end. Tiger CEO must be sell his stocks already

Go to Tiger App to see more news

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article, would you like to share it?","listText":"Great article, would you like to share it?","text":"Great article, would you like to share it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/299619478183976","repostId":"299589628190768","repostType":1,"repost":{"id":299589628190768,"gmtCreate":1714161418094,"gmtModify":1714170001971,"author":{"id":"4134606855960122","authorId":"4134606855960122","name":"Sxyew","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":5,"crmLevelSwitch":1},"themes":[],"htmlText":"I opened 1 lot(s) <a href=\"https://ttm.financial/OPT/MCD 20240503 277.5 CALL\">$MCD 20240503 277.5 CALL$&nbsp;</a> ,Take a look at the latest order I posted！","listText":"I opened 1 lot(s) <a href=\"https://ttm.financial/OPT/MCD 20240503 277.5 CALL\">$MCD 20240503 277.5 CALL$&nbsp;</a> ,Take a look at the latest order I posted！","text":"I opened 1 lot(s) $MCD 20240503 277.5 CALL$ ,Take a look at the latest order I posted！","images":[],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/299589628190768","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":299057438859544,"gmtCreate":1714038278202,"gmtModify":1714038282121,"author":{"id":"4105235879329900","authorId":"4105235879329900","name":"WillsonToh","avatar":"https://community-static.tradeup.com/news/bfa698a409feaf8767914264abdbae58","crmLevel":3,"crmLevelSwitch":0},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/KO\">$Coca-Cola(KO)$&nbsp;</a> Please keep going up please&nbsp;","listText":"<a href=\"https://ttm.financial/S/KO\">$Coca-Cola(KO)$&nbsp;</a> Please keep going up please&nbsp;","text":"$Coca-Cola(KO)$ Please keep going up please","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/299057438859544","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":290951305289888,"gmtCreate":1712058950972,"gmtModify":1712058955086,"author":{"id":"4105235879329900","authorId":"4105235879329900","name":"WillsonToh","avatar":"https://community-static.tradeup.com/news/bfa698a409feaf8767914264abdbae58","crmLevel":3,"crmLevelSwitch":0},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$&nbsp;</a>&nbsp; I have a strong believe when earnings is out it will be red as it missed its target hence we should sell cover call now&nbsp;","listText":"<a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$&nbsp;</a>&nbsp; I have a strong believe when earnings is out it will be red as it missed its target hence we should sell cover call now&nbsp;","text":"$Tesla Motors(TSLA)$ I have a strong believe when earnings is out it will be red as it missed its target hence we should sell cover call now","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/290951305289888","isVote":1,"tweetType":1,"viewCount":457,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":289165586870504,"gmtCreate":1711631676876,"gmtModify":1711631681507,"author":{"id":"4105235879329900","authorId":"4105235879329900","name":"WillsonToh","avatar":"https://community-static.tradeup.com/news/bfa698a409feaf8767914264abdbae58","crmLevel":3,"crmLevelSwitch":0},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/AMC\">$AMC Entertainment(AMC)$&nbsp;</a><v-v data-views=\"0\"></v-v> They are putting out sale for investors. Good luck&nbsp;","listText":"<a href=\"https://ttm.financial/S/AMC\">$AMC Entertainment(AMC)$&nbsp;</a><v-v data-views=\"0\"></v-v> They are putting out sale for investors. Good luck&nbsp;","text":"$AMC Entertainment(AMC)$ They are putting out sale for investors. Good luck","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/289165586870504","isVote":1,"tweetType":1,"viewCount":193,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":288870123139312,"gmtCreate":1711549479865,"gmtModify":1711549481906,"author":{"id":"4105235879329900","authorId":"4105235879329900","name":"WillsonToh","avatar":"https://community-static.tradeup.com/news/bfa698a409feaf8767914264abdbae58","crmLevel":3,"crmLevelSwitch":0},"themes":[],"htmlText":"Great ariticle, would you like to share it?","listText":"Great ariticle, would you like to share it?","text":"Great ariticle, would you like to share it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/288870123139312","repostId":"288216170033304","repostType":1,"repost":{"id":288216170033304,"gmtCreate":1711387125366,"gmtModify":1711551002040,"author":{"id":"4102740637684170","authorId":"4102740637684170","name":"OptionsDelta","avatar":"https://static.tigerbbs.com/b5ab2017d32f95a165639de659b21cd1","crmLevel":1,"crmLevelSwitch":0},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/NVDA\">$NVIDIA Corp(NVDA)$</a> only four trading days this week. Many traders on the FOMC last week shunned options expiring this week and opted for options expiring this week, sensing that competition would be intense on Thursday. The first open strike price this week for calls is 1000 and 950, and puts are 900 and 930. If I were a market maker the optimal solution would be to stabilize the stock at around 950 and kill the remaining three.It is worth mentioning that there are fewer open positions for options expiring next week, but you can guess that the highest open call price is still 1000. <a href=\"https://ttm.financial/S/AAPL\">$Apple(AAPL)$</a> Apple Put strike open interest has not deteriorated further, or 160, but there is no bullish sign, and the cal","listText":"<a href=\"https://ttm.financial/S/NVDA\">$NVIDIA Corp(NVDA)$</a> only four trading days this week. Many traders on the FOMC last week shunned options expiring this week and opted for options expiring this week, sensing that competition would be intense on Thursday. The first open strike price this week for calls is 1000 and 950, and puts are 900 and 930. If I were a market maker the optimal solution would be to stabilize the stock at around 950 and kill the remaining three.It is worth mentioning that there are fewer open positions for options expiring next week, but you can guess that the highest open call price is still 1000. <a href=\"https://ttm.financial/S/AAPL\">$Apple(AAPL)$</a> Apple Put strike open interest has not deteriorated further, or 160, but there is no bullish sign, and the cal","text":"$NVIDIA Corp(NVDA)$ only four trading days this week. Many traders on the FOMC last week shunned options expiring this week and opted for options expiring this week, sensing that competition would be intense on Thursday. The first open strike price this week for calls is 1000 and 950, and puts are 900 and 930. If I were a market maker the optimal solution would be to stabilize the stock at around 950 and kill the remaining three.It is worth mentioning that there are fewer open positions for options expiring next week, but you can guess that the highest open call price is still 1000. $Apple(AAPL)$ Apple Put strike open interest has not deteriorated further, or 160, but there is no bullish sign, and the cal","images":[{"img":"https://static.tigerbbs.com/5a4112f91f11c86d9d6e0f0f367839cc","width":"1170","height":"2301"}],"top":1,"highlighted":2,"essential":2,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/288216170033304","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":41,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":287271105298520,"gmtCreate":1711157136369,"gmtModify":1711427861102,"author":{"id":"4105235879329900","authorId":"4105235879329900","name":"WillsonToh","avatar":"https://community-static.tradeup.com/news/bfa698a409feaf8767914264abdbae58","crmLevel":3,"crmLevelSwitch":0},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/TIGR\">$Tiger Brokers(TIGR)$</a> Someone told me it a growth stock that why I a no brainer question. But why Apple , Msft will give. I think that is because it is not preforming well that why the company don't date to pick my question.&nbsp; Now the stock it's going down everytime the stock report it earning. It time to review this stock in my portfolio.&nbsp;","listText":"<a href=\"https://ttm.financial/S/TIGR\">$Tiger Brokers(TIGR)$</a> Someone told me it a growth stock that why I a no brainer question. But why Apple , Msft will give. I think that is because it is not preforming well that why the company don't date to pick my question.&nbsp; Now the stock it's going down everytime the stock report it earning. It time to review this stock in my portfolio.&nbsp;","text":"$Tiger Brokers(TIGR)$ Someone told me it a growth stock that why I a no brainer question. But why Apple , Msft will give. I think that is because it is not preforming well that why the company don't date to pick my question. Now the stock it's going down everytime the stock report it earning. It time to review this stock in my portfolio.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/287271105298520","isVote":1,"tweetType":1,"viewCount":670,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3555625378389904","authorId":"3555625378389904","name":"Zamulano","avatar":"https://static.tigerbbs.com/549d13817d8213d32ab492e6a3805d23","crmLevel":4,"crmLevelSwitch":0},"content":"Liar company said that the depreciation of the US dollar caused laughter to die","text":"Liar company said that the depreciation of the US dollar caused laughter to die","html":"Liar company said that the depreciation of the US dollar caused laughter to die"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":286720795263032,"gmtCreate":1711022536426,"gmtModify":1711022538297,"author":{"id":"4105235879329900","authorId":"4105235879329900","name":"WillsonToh","avatar":"https://community-static.tradeup.com/news/bfa698a409feaf8767914264abdbae58","crmLevel":3,"crmLevelSwitch":0},"themes":[],"htmlText":"42","listText":"42","text":"42","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/286720795263032","isVote":1,"tweetType":1,"viewCount":177,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":286283459068064,"gmtCreate":1710928239146,"gmtModify":1710928242595,"author":{"id":"4105235879329900","authorId":"4105235879329900","name":"WillsonToh","avatar":"https://community-static.tradeup.com/news/bfa698a409feaf8767914264abdbae58","crmLevel":3,"crmLevelSwitch":0},"themes":[],"htmlText":"Surge 237% and per market still&nbsp;dropping🤦🏻","listText":"Surge 237% and per market still&nbsp;dropping🤦🏻","text":"Surge 237% and per market still dropping🤦🏻","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/286283459068064","repostId":"1191722789","repostType":2,"repost":{"id":"1191722789","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":1710921666,"share":"https://www.laohu8.com/m/news/1191722789?lang=&edition=full","pubTime":"2024-03-20 16:01","market":"us","language":"en","title":"Tiger Brokers 2023 Net Income Surged by 237%, Client Assets Hit Record High","url":"https://stock-news.laohu8.com/highlight/detail?id=1191722789","media":"Tiger Newspress","summary":"Singapore and New York, March 20, 2024 — UP Fintech Holding Limited (\"UP Fintech\" or the \"Company\", Nasdaq: TIGR, and all its subsidiaries and consolidated entities), a leading online brokerage firm c","content":"<html><head></head><body><p><strong>Singapore and New York, March 20, 2024</strong> — UP Fintech Holding Limited (&#34;UP Fintech&#34; or the &#34;Company&#34;, Nasdaq: TIGR, and all its subsidiaries and consolidated entities), a leading online brokerage firm committed to redefining global investing through next-generation technologies, today announced its unaudited financial results for the fourth quarter and full year ended December 31, 2023. In the fourth quarter, the Company achieved a revenue of US$70 million. For the year ended 2023, total revenues increased 20.9% year-over-year to US$272.5 million. Due to the depreciation of the US dollar in the fourth quarter, resulting in a foreign exchange loss of over US$7 million, the non-GAAP net income for the quarter amounted to US$1.1 million. For the entire year, the non-GAAP net income totaled US$42.7 million, which is 3.4 times that of 2022.</p><p style=\"text-align: left;\">During the fourth quarter, UP Fintech added 47,797 new global account holders, marking a 65.9% increase quarter-over-quarter and bringing the global total to 2.2 million, up 9.3% year-over-year. Funded accounts increased by 39,034, showing a growth of 58.6% quarter-over-quarter and 42.8% year-over-year, reaching a total of 904,600 accounts. In 2023, the company added 123,110 funded accounts, mainly from markets outside the Chinese mainland, surpassing annual guidance of 100,000. The Company&#39;s total trading volume reached $81.8 billion during the period. With a strong brand presence in Southeast Asia and an expanding institutional business footprint, net asset inflow from both individual and institutional clients amounted to US$8.2 billion during the quarter, maintaining robust momentum. This droves a quarter-over-quarter increase of 62.1% and a year-over-year increase of 118.5% in total client assets, reaching US$30.6 billion. The retention rate of funded clients remained consistently high at 98%.</p><p style=\"text-align: left;\"> </p><p style=\"text-align: left;\"><strong>Over 75% of Total Client Assets Came from Clients in Markets such as Singapore and the US</strong></p><p style=\"text-align: left;\"><strong>Singapore Accounts for the Highest Proportion of Total Funded Clients</strong></p><p style=\"text-align: left;\">Mr. Wu Tianhua, Founder and CEO of UP Fintech, commented, &#34;Over the past year, our robust globalization efforts have resulted in a doubling of our global client assets, reaching a historic high. Over 75% of our total client assets now come from clients beyond the Chinese mainland and Hong Kong, including regions such as Singapore, Australia, New Zealand, and the US. Singapore&#39;s role as our group&#39;s headquarters has been further underscored: whether on a quarterly or annual basis, the proportion of new funded clients from Singapore has consistently been the highest. Currently, Singapore clients represent the largest share of our group&#39;s total funded clients, with over half of our monthly trading clients hailing from the Singapore market, making it the most active region among all markets. &#34;</p><p style=\"text-align: left;\">&#34;In 2024, as the Company celebrates its tenth anniversary and fifth year since going public, we reflect on the past five years of remarkable growth. Our global funded clients and assets have surged over tenfold, with revenue nearly quadrupling and net incomes compounding at a rate of 72%. Looking ahead, we are committed to furthering our globalization strategy, solidifying our market share in Singapore, Australia, New Zealand, and Hong Kong to emerge as a world-leading fintech brokerage. On the brokerage front, we&#39;ll expand our offerings and services to better cater to the diverse wealth management needs of both individual and institutional investors. For instance, in January of this year, we introduced trading for 11 Bitcoin spot ETFs, and concurrently, received approval from the Hong Kong Securities and Futures Commission for Tiger Hong Kong&#39;s Type 1 License uplift, enabling us to offer virtual asset trading services to local professional investors, facilitating seamless one-stop asset allocation across stocks, options, futures, and cryptocurrencies. On the institutional side, leveraging our swift account opening process, multi-asset trading capabilities, rapid response times, and customizable solutions, along with our self-developed multi-management platform, we look forward to assisting more institutional clients in enhancing their operational efficiency.&#34;</p><p style=\"text-align: left;\"> </p><p style=\"text-align: left;\"><strong>Singapore Brand Expands: Regional New Funded Clients Increase by 70% QoQ</strong></p><p style=\"text-align: left;\"><strong>Hong Kong Customer Assets Doubled QoQ, Q4 Net Asset Inflow Beat 2023&#39;s First Three Quarters Combined</strong></p><p style=\"text-align: left;\">In 2023, UP Fintech&#39;s global presence grew steadily. Benefiting from the extensive reputation built in the Singapore market, new funded client in Singapore and surrounding areas surged by 70.2% quarter-on-quarter. In Singapore, the average net asset inflow per new funded client reached over US$16,000 during the period, marking a historic high. Tiger Trade remains a top choice for Singapore residents, with approximately one in three using the platform*. Tiger Trade has also gradually become the preferred platform for more local clients to trade a diverse range of products. By offering users free SGX LV2 market data and promotional rates on US stock options, the trading volume of local Singapore stocks during the period increased by 27.8% year-over-year; US stock options trading orders increased by 7.2% quarter-over-quarter and 12.2% year-over-year. In 2023, the Company was once again honored with the &#34;Best Retail Broker&#34; award by the Singapore Securities Investors Association.</p><p style=\"text-align: left;\">In addition to its robust retail operations, the Company also launched a one-stop wealth management solution for major financial advisory firms and wealth management entities in Singapore. Addressing the industry&#39;s current pain points such as complex client onboarding requirements, cumbersome account opening processes, limited trading options, and low transaction settlement efficiency, the Company introduced its next-generation Turnkey Asset Management Platform (TAMP). This platform offers flexible account structures, fully online account opening, multi-market and multi-asset trading, extensive analysis and trading tools, and diversified reporting. It is also supported by a team with rich experience in business and services. &#34;Our commitment to combining cutting-edge technology with human expertise has positioned us as a trusted partner, fostering long-term relationships and bolstering our standing in the competitive landscape of the financial sector.&#34; said Wu Tianhua.</p><p style=\"text-align: left;\">In the Hong Kong market, UP Fintech saw a quarter-on-quarter increase of 20.9% in funded clients and a 150.7% increase in client assets. Net asset inflows for the quarter surpassed the total for the first three quarters of 2023. During this period, the Company introduced the A-share Connect feature in Hong Kong, facilitating trading of over 2,500 eligible stocks and ETFs listed on the Shanghai and Shenzhen stock exchanges. Additionally, the Company launched the &#34;Fixed Income&#34; section, offering selected bond funds to assist Hong Kong clients in positioning themselves early for potential interest rate cuts. By December 2023, trading orders from the Company&#39;s Hong Kong users had surged nearly 30 times compared to the beginning of the year, with monthly US stock orders increasing almost 36 times. The industry has acknowledged the company&#39;s product and service strength, evident from awards such as the &#34;Top Two Futures Brokers&#34; from SGX and the &#34;Innovative Broker&#34; and &#34;Broker Program Key Partner&#34; awards from the CME.</p><p style=\"text-align: left;\"> </p><p style=\"text-align: left;\">In Australia, the Company launched CHESS sponsorship for ASX share trading, further enhancing client asset security. By Q4 2023, the number of Australian trading clients grew by 49.4% year-on-year, with US stocks and options traders increased by 65.8% and 67.6% respectively. In New Zealand, leveraging advantages such as free in-depth quotes for US stocks, extended trading hours, and rich options trading experience, local trading clients grew by 19.1% in the fourth quarter, with client assets increasing by 12.0% compared to the last quarter. Currently, the Tiger Trade app has surged to the top 20 in the financial category of local app store**.</p><p style=\"text-align: left;\"> </p><p style=\"text-align: left;\"><strong>Wealth management AUM grew by over 400% YoY</strong></p><p style=\"text-align: left;\"><strong>FCN introduced to meet professional investor needs</strong></p><p style=\"text-align: left;\">In the fourth quarter, commission income reached US$22 million and interest-related income climbed to US$43 million, marking a QoQ increase of approximately 3.7%. For the full year of 2023, the Company&#39;s commission income totaled US$92.6 million. Interest-related income amounted to US$161.5 million, with a year-over-year growth of approximately 73.5%.</p><p style=\"text-align: left;\">During this period, the Company continued to improve the options trading experience by introducing multi-leg orders on nine major US stock index options. This helps investors capitalize on potential profit opportunities resulting from market fluctuations. Additionally, the company rolled out the options rolling feature, allowing investors to close existing options positions and open new ones with a single order. This enables professional options traders to adjust their strategies and manage risks more effectively. Since its full launch in the fourth quarter, multi-leg options trades have increased sixfold compared to the previous quarter. </p><p style=\"text-align: left;\">&#34;Trade Feed,&#34; formerly known as &#34;Trading Sparks,&#34; has undergone continuous updates, now allowing users to share multi-leg options trades while displaying the current trading profit and loss ratio. By the fourth quarter, the number of users subscribing to track other sharers&#39; trading feed surged by 282.4% compared to the previous quarter, with over 100 trading sharers joining. Furthermore, the daily average number of shared posts soared by 191.1% quarter-over-quarter, contributing to a vibrant and active Tiger community. Additionally, TigerGPT has launched a news summary feature during the period, enabling users to summarize and analyze the full text of articles with a single click, including identifying trading opportunities and risks, thus enhancing reading efficiency. As of Q4, TigerGPT has engaged in nearly 200,000 conversations with users.</p><p style=\"text-align: left;\"> </p><p style=\"text-align: left;\">The wealth management business continues its rapid growth trajectory. In the fourth quarter, the wealth business&#39;s assets under management (AUM) surged by 25.3% compared to the previous quarter, with a year-on-year growth of 420.9%. Additionally, the number of clients increased by 16.9% quarter-over-quarter and 163.9% year-over-year.</p><p style=\"text-align: left;\">During the quarter, the Company launched its US Treasury trading service, providing over 360 different types and maturities of US Treasury products. The minimum investment threshold was reduced to $1,000, coupled with highly competitive trading fees, were well-received by clients. Furthermore, fixed coupon notes (FCNs) were introduced to further meet the asset allocation needs of professional investors. Simultaneously, the wealth management interface within the Tiger Trade app underwent a redesign, with the revamped &#34;Wealth&#34; center now offering comprehensive displays of the company&#39;s wealth management products across different asset classes. This enhancement enables retail investors, institutions, and high-net-worth clients to efficiently select investments according to their investment goals and risk preferences. Service penetration keeps rising, with 1 in 4 new funded clients in Q4 opting for Tiger&#39;s wealth management services. Tiger Vault has also become a popular choice for managing idle funds among Hong Kong clients, seeing a 28.8% quarter-over-quarter growth in user numbers and a 61.2% increase in AUM.</p><p style=\"text-align: left;\">  </p><p style=\"text-align: left;\"><strong>Over 500 ESOP clients served</strong></p><p style=\"text-align: left;\"><strong>Leading underwriting business with 150+ HK and U.S. IPOs</strong></p><p style=\"text-align: left;\">During the reporting period, UP Fintech&#39;s other revenues, encompassing services such as investment banking and Employee Stock Ownership Plan (ESOP), amounted to US$4.9 million. In 2023, other revenues were US$18.4 million in total.</p><p style=\"text-align: left;\">In the investment banking segment, the Company underwrote eight Hong Kong IPOs and one U.S. IPO. In 2023, the Company participated in underwriting five of the top ten companies in terms of funds raised in Hong Kong IPOs. Additionally, among the pre-filed US-listed companies in 2023, it acted as the lead underwriter for four companies, securing the top spot in terms of quantity***. Since venturing into investment banking, the Company has participated in underwriting over 150 companies for listings in Hong Kong and the US, leading the industry in both quantity and recognition. </p><p style=\"text-align: left;\">On the ESOP front, the Company&#39;s brand UponeShare added 30 new corporate clients in the quarter, a 15.4% year-over-year increase and an 11.1% increase from the previous quarter. In 2023, UponeShare added 116 new corporate clients, bringing the total number of serviced corporate clients to 535. With a high level of customer satisfaction, annual customer repurchase orders exceeded 30%. Leveraging industry-leading digital technology, UponeShare follows a &#34;consulting + SaaS&#34; service model to provide end-to-end equity incentive services, catering to both listed and non-listed companies (A-shares, Hong Kong shares, US shares) with its self-developed system, thereby empowering enterprises to enhance their equity management efficiency comprehensively.</p><p style=\"text-align: left;\">In the enterprise account segment, the company&#39;s total number of clients has increased to 420, with over 15% of clients having a market value exceeding HK$10 billion. Currently, Tiger Enterprise Account offers full lifecycle IR and PR services tailored to the diverse communication needs of enterprises across various industries.</p><p style=\"text-align: left;\"> </p><p style=\"text-align: left;\"><em>*Based on the 2023 Singapore resident population</em></p><p style=\"text-align: left;\"><em>**Data as of 2/22/2024, sourced from app.diandian.</em></p><p style=\"text-align: left;\"><em>***Data derived from publicly available and trackable projects.</em></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>Tiger Brokers 2023 Net Income Surged by 237%, Client Assets Hit Record High</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\">\nTiger Brokers 2023 Net Income Surged by 237%, Client Assets Hit Record High\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\">2024-03-20 16:01</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p><strong>Singapore and New York, March 20, 2024</strong> — UP Fintech Holding Limited (&#34;UP Fintech&#34; or the &#34;Company&#34;, Nasdaq: TIGR, and all its subsidiaries and consolidated entities), a leading online brokerage firm committed to redefining global investing through next-generation technologies, today announced its unaudited financial results for the fourth quarter and full year ended December 31, 2023. In the fourth quarter, the Company achieved a revenue of US$70 million. For the year ended 2023, total revenues increased 20.9% year-over-year to US$272.5 million. Due to the depreciation of the US dollar in the fourth quarter, resulting in a foreign exchange loss of over US$7 million, the non-GAAP net income for the quarter amounted to US$1.1 million. For the entire year, the non-GAAP net income totaled US$42.7 million, which is 3.4 times that of 2022.</p><p style=\"text-align: left;\">During the fourth quarter, UP Fintech added 47,797 new global account holders, marking a 65.9% increase quarter-over-quarter and bringing the global total to 2.2 million, up 9.3% year-over-year. Funded accounts increased by 39,034, showing a growth of 58.6% quarter-over-quarter and 42.8% year-over-year, reaching a total of 904,600 accounts. In 2023, the company added 123,110 funded accounts, mainly from markets outside the Chinese mainland, surpassing annual guidance of 100,000. The Company&#39;s total trading volume reached $81.8 billion during the period. With a strong brand presence in Southeast Asia and an expanding institutional business footprint, net asset inflow from both individual and institutional clients amounted to US$8.2 billion during the quarter, maintaining robust momentum. This droves a quarter-over-quarter increase of 62.1% and a year-over-year increase of 118.5% in total client assets, reaching US$30.6 billion. The retention rate of funded clients remained consistently high at 98%.</p><p style=\"text-align: left;\"> </p><p style=\"text-align: left;\"><strong>Over 75% of Total Client Assets Came from Clients in Markets such as Singapore and the US</strong></p><p style=\"text-align: left;\"><strong>Singapore Accounts for the Highest Proportion of Total Funded Clients</strong></p><p style=\"text-align: left;\">Mr. Wu Tianhua, Founder and CEO of UP Fintech, commented, &#34;Over the past year, our robust globalization efforts have resulted in a doubling of our global client assets, reaching a historic high. Over 75% of our total client assets now come from clients beyond the Chinese mainland and Hong Kong, including regions such as Singapore, Australia, New Zealand, and the US. Singapore&#39;s role as our group&#39;s headquarters has been further underscored: whether on a quarterly or annual basis, the proportion of new funded clients from Singapore has consistently been the highest. Currently, Singapore clients represent the largest share of our group&#39;s total funded clients, with over half of our monthly trading clients hailing from the Singapore market, making it the most active region among all markets. &#34;</p><p style=\"text-align: left;\">&#34;In 2024, as the Company celebrates its tenth anniversary and fifth year since going public, we reflect on the past five years of remarkable growth. Our global funded clients and assets have surged over tenfold, with revenue nearly quadrupling and net incomes compounding at a rate of 72%. Looking ahead, we are committed to furthering our globalization strategy, solidifying our market share in Singapore, Australia, New Zealand, and Hong Kong to emerge as a world-leading fintech brokerage. On the brokerage front, we&#39;ll expand our offerings and services to better cater to the diverse wealth management needs of both individual and institutional investors. For instance, in January of this year, we introduced trading for 11 Bitcoin spot ETFs, and concurrently, received approval from the Hong Kong Securities and Futures Commission for Tiger Hong Kong&#39;s Type 1 License uplift, enabling us to offer virtual asset trading services to local professional investors, facilitating seamless one-stop asset allocation across stocks, options, futures, and cryptocurrencies. On the institutional side, leveraging our swift account opening process, multi-asset trading capabilities, rapid response times, and customizable solutions, along with our self-developed multi-management platform, we look forward to assisting more institutional clients in enhancing their operational efficiency.&#34;</p><p style=\"text-align: left;\"> </p><p style=\"text-align: left;\"><strong>Singapore Brand Expands: Regional New Funded Clients Increase by 70% QoQ</strong></p><p style=\"text-align: left;\"><strong>Hong Kong Customer Assets Doubled QoQ, Q4 Net Asset Inflow Beat 2023&#39;s First Three Quarters Combined</strong></p><p style=\"text-align: left;\">In 2023, UP Fintech&#39;s global presence grew steadily. Benefiting from the extensive reputation built in the Singapore market, new funded client in Singapore and surrounding areas surged by 70.2% quarter-on-quarter. In Singapore, the average net asset inflow per new funded client reached over US$16,000 during the period, marking a historic high. Tiger Trade remains a top choice for Singapore residents, with approximately one in three using the platform*. Tiger Trade has also gradually become the preferred platform for more local clients to trade a diverse range of products. By offering users free SGX LV2 market data and promotional rates on US stock options, the trading volume of local Singapore stocks during the period increased by 27.8% year-over-year; US stock options trading orders increased by 7.2% quarter-over-quarter and 12.2% year-over-year. In 2023, the Company was once again honored with the &#34;Best Retail Broker&#34; award by the Singapore Securities Investors Association.</p><p style=\"text-align: left;\">In addition to its robust retail operations, the Company also launched a one-stop wealth management solution for major financial advisory firms and wealth management entities in Singapore. Addressing the industry&#39;s current pain points such as complex client onboarding requirements, cumbersome account opening processes, limited trading options, and low transaction settlement efficiency, the Company introduced its next-generation Turnkey Asset Management Platform (TAMP). This platform offers flexible account structures, fully online account opening, multi-market and multi-asset trading, extensive analysis and trading tools, and diversified reporting. It is also supported by a team with rich experience in business and services. &#34;Our commitment to combining cutting-edge technology with human expertise has positioned us as a trusted partner, fostering long-term relationships and bolstering our standing in the competitive landscape of the financial sector.&#34; said Wu Tianhua.</p><p style=\"text-align: left;\">In the Hong Kong market, UP Fintech saw a quarter-on-quarter increase of 20.9% in funded clients and a 150.7% increase in client assets. Net asset inflows for the quarter surpassed the total for the first three quarters of 2023. During this period, the Company introduced the A-share Connect feature in Hong Kong, facilitating trading of over 2,500 eligible stocks and ETFs listed on the Shanghai and Shenzhen stock exchanges. Additionally, the Company launched the &#34;Fixed Income&#34; section, offering selected bond funds to assist Hong Kong clients in positioning themselves early for potential interest rate cuts. By December 2023, trading orders from the Company&#39;s Hong Kong users had surged nearly 30 times compared to the beginning of the year, with monthly US stock orders increasing almost 36 times. The industry has acknowledged the company&#39;s product and service strength, evident from awards such as the &#34;Top Two Futures Brokers&#34; from SGX and the &#34;Innovative Broker&#34; and &#34;Broker Program Key Partner&#34; awards from the CME.</p><p style=\"text-align: left;\"> </p><p style=\"text-align: left;\">In Australia, the Company launched CHESS sponsorship for ASX share trading, further enhancing client asset security. By Q4 2023, the number of Australian trading clients grew by 49.4% year-on-year, with US stocks and options traders increased by 65.8% and 67.6% respectively. In New Zealand, leveraging advantages such as free in-depth quotes for US stocks, extended trading hours, and rich options trading experience, local trading clients grew by 19.1% in the fourth quarter, with client assets increasing by 12.0% compared to the last quarter. Currently, the Tiger Trade app has surged to the top 20 in the financial category of local app store**.</p><p style=\"text-align: left;\"> </p><p style=\"text-align: left;\"><strong>Wealth management AUM grew by over 400% YoY</strong></p><p style=\"text-align: left;\"><strong>FCN introduced to meet professional investor needs</strong></p><p style=\"text-align: left;\">In the fourth quarter, commission income reached US$22 million and interest-related income climbed to US$43 million, marking a QoQ increase of approximately 3.7%. For the full year of 2023, the Company&#39;s commission income totaled US$92.6 million. Interest-related income amounted to US$161.5 million, with a year-over-year growth of approximately 73.5%.</p><p style=\"text-align: left;\">During this period, the Company continued to improve the options trading experience by introducing multi-leg orders on nine major US stock index options. This helps investors capitalize on potential profit opportunities resulting from market fluctuations. Additionally, the company rolled out the options rolling feature, allowing investors to close existing options positions and open new ones with a single order. This enables professional options traders to adjust their strategies and manage risks more effectively. Since its full launch in the fourth quarter, multi-leg options trades have increased sixfold compared to the previous quarter. </p><p style=\"text-align: left;\">&#34;Trade Feed,&#34; formerly known as &#34;Trading Sparks,&#34; has undergone continuous updates, now allowing users to share multi-leg options trades while displaying the current trading profit and loss ratio. By the fourth quarter, the number of users subscribing to track other sharers&#39; trading feed surged by 282.4% compared to the previous quarter, with over 100 trading sharers joining. Furthermore, the daily average number of shared posts soared by 191.1% quarter-over-quarter, contributing to a vibrant and active Tiger community. Additionally, TigerGPT has launched a news summary feature during the period, enabling users to summarize and analyze the full text of articles with a single click, including identifying trading opportunities and risks, thus enhancing reading efficiency. As of Q4, TigerGPT has engaged in nearly 200,000 conversations with users.</p><p style=\"text-align: left;\"> </p><p style=\"text-align: left;\">The wealth management business continues its rapid growth trajectory. In the fourth quarter, the wealth business&#39;s assets under management (AUM) surged by 25.3% compared to the previous quarter, with a year-on-year growth of 420.9%. Additionally, the number of clients increased by 16.9% quarter-over-quarter and 163.9% year-over-year.</p><p style=\"text-align: left;\">During the quarter, the Company launched its US Treasury trading service, providing over 360 different types and maturities of US Treasury products. The minimum investment threshold was reduced to $1,000, coupled with highly competitive trading fees, were well-received by clients. Furthermore, fixed coupon notes (FCNs) were introduced to further meet the asset allocation needs of professional investors. Simultaneously, the wealth management interface within the Tiger Trade app underwent a redesign, with the revamped &#34;Wealth&#34; center now offering comprehensive displays of the company&#39;s wealth management products across different asset classes. This enhancement enables retail investors, institutions, and high-net-worth clients to efficiently select investments according to their investment goals and risk preferences. Service penetration keeps rising, with 1 in 4 new funded clients in Q4 opting for Tiger&#39;s wealth management services. Tiger Vault has also become a popular choice for managing idle funds among Hong Kong clients, seeing a 28.8% quarter-over-quarter growth in user numbers and a 61.2% increase in AUM.</p><p style=\"text-align: left;\">  </p><p style=\"text-align: left;\"><strong>Over 500 ESOP clients served</strong></p><p style=\"text-align: left;\"><strong>Leading underwriting business with 150+ HK and U.S. IPOs</strong></p><p style=\"text-align: left;\">During the reporting period, UP Fintech&#39;s other revenues, encompassing services such as investment banking and Employee Stock Ownership Plan (ESOP), amounted to US$4.9 million. In 2023, other revenues were US$18.4 million in total.</p><p style=\"text-align: left;\">In the investment banking segment, the Company underwrote eight Hong Kong IPOs and one U.S. IPO. In 2023, the Company participated in underwriting five of the top ten companies in terms of funds raised in Hong Kong IPOs. Additionally, among the pre-filed US-listed companies in 2023, it acted as the lead underwriter for four companies, securing the top spot in terms of quantity***. Since venturing into investment banking, the Company has participated in underwriting over 150 companies for listings in Hong Kong and the US, leading the industry in both quantity and recognition. </p><p style=\"text-align: left;\">On the ESOP front, the Company&#39;s brand UponeShare added 30 new corporate clients in the quarter, a 15.4% year-over-year increase and an 11.1% increase from the previous quarter. In 2023, UponeShare added 116 new corporate clients, bringing the total number of serviced corporate clients to 535. With a high level of customer satisfaction, annual customer repurchase orders exceeded 30%. Leveraging industry-leading digital technology, UponeShare follows a &#34;consulting + SaaS&#34; service model to provide end-to-end equity incentive services, catering to both listed and non-listed companies (A-shares, Hong Kong shares, US shares) with its self-developed system, thereby empowering enterprises to enhance their equity management efficiency comprehensively.</p><p style=\"text-align: left;\">In the enterprise account segment, the company&#39;s total number of clients has increased to 420, with over 15% of clients having a market value exceeding HK$10 billion. Currently, Tiger Enterprise Account offers full lifecycle IR and PR services tailored to the diverse communication needs of enterprises across various industries.</p><p style=\"text-align: left;\"> </p><p style=\"text-align: left;\"><em>*Based on the 2023 Singapore resident population</em></p><p style=\"text-align: left;\"><em>**Data as of 2/22/2024, sourced from app.diandian.</em></p><p style=\"text-align: left;\"><em>***Data derived from publicly available and trackable projects.</em></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":"1191722789","content_text":"Singapore and New York, March 20, 2024 — UP Fintech Holding Limited (\"UP Fintech\" or the \"Company\", Nasdaq: TIGR, and all its subsidiaries and consolidated entities), a leading online brokerage firm committed to redefining global investing through next-generation technologies, today announced its unaudited financial results for the fourth quarter and full year ended December 31, 2023. In the fourth quarter, the Company achieved a revenue of US$70 million. For the year ended 2023, total revenues increased 20.9% year-over-year to US$272.5 million. Due to the depreciation of the US dollar in the fourth quarter, resulting in a foreign exchange loss of over US$7 million, the non-GAAP net income for the quarter amounted to US$1.1 million. For the entire year, the non-GAAP net income totaled US$42.7 million, which is 3.4 times that of 2022.During the fourth quarter, UP Fintech added 47,797 new global account holders, marking a 65.9% increase quarter-over-quarter and bringing the global total to 2.2 million, up 9.3% year-over-year. Funded accounts increased by 39,034, showing a growth of 58.6% quarter-over-quarter and 42.8% year-over-year, reaching a total of 904,600 accounts. In 2023, the company added 123,110 funded accounts, mainly from markets outside the Chinese mainland, surpassing annual guidance of 100,000. The Company's total trading volume reached $81.8 billion during the period. With a strong brand presence in Southeast Asia and an expanding institutional business footprint, net asset inflow from both individual and institutional clients amounted to US$8.2 billion during the quarter, maintaining robust momentum. This droves a quarter-over-quarter increase of 62.1% and a year-over-year increase of 118.5% in total client assets, reaching US$30.6 billion. The retention rate of funded clients remained consistently high at 98%. Over 75% of Total Client Assets Came from Clients in Markets such as Singapore and the USSingapore Accounts for the Highest Proportion of Total Funded ClientsMr. Wu Tianhua, Founder and CEO of UP Fintech, commented, \"Over the past year, our robust globalization efforts have resulted in a doubling of our global client assets, reaching a historic high. Over 75% of our total client assets now come from clients beyond the Chinese mainland and Hong Kong, including regions such as Singapore, Australia, New Zealand, and the US. Singapore's role as our group's headquarters has been further underscored: whether on a quarterly or annual basis, the proportion of new funded clients from Singapore has consistently been the highest. Currently, Singapore clients represent the largest share of our group's total funded clients, with over half of our monthly trading clients hailing from the Singapore market, making it the most active region among all markets. \"\"In 2024, as the Company celebrates its tenth anniversary and fifth year since going public, we reflect on the past five years of remarkable growth. Our global funded clients and assets have surged over tenfold, with revenue nearly quadrupling and net incomes compounding at a rate of 72%. Looking ahead, we are committed to furthering our globalization strategy, solidifying our market share in Singapore, Australia, New Zealand, and Hong Kong to emerge as a world-leading fintech brokerage. On the brokerage front, we'll expand our offerings and services to better cater to the diverse wealth management needs of both individual and institutional investors. For instance, in January of this year, we introduced trading for 11 Bitcoin spot ETFs, and concurrently, received approval from the Hong Kong Securities and Futures Commission for Tiger Hong Kong's Type 1 License uplift, enabling us to offer virtual asset trading services to local professional investors, facilitating seamless one-stop asset allocation across stocks, options, futures, and cryptocurrencies. On the institutional side, leveraging our swift account opening process, multi-asset trading capabilities, rapid response times, and customizable solutions, along with our self-developed multi-management platform, we look forward to assisting more institutional clients in enhancing their operational efficiency.\" Singapore Brand Expands: Regional New Funded Clients Increase by 70% QoQHong Kong Customer Assets Doubled QoQ, Q4 Net Asset Inflow Beat 2023's First Three Quarters CombinedIn 2023, UP Fintech's global presence grew steadily. Benefiting from the extensive reputation built in the Singapore market, new funded client in Singapore and surrounding areas surged by 70.2% quarter-on-quarter. In Singapore, the average net asset inflow per new funded client reached over US$16,000 during the period, marking a historic high. Tiger Trade remains a top choice for Singapore residents, with approximately one in three using the platform*. Tiger Trade has also gradually become the preferred platform for more local clients to trade a diverse range of products. By offering users free SGX LV2 market data and promotional rates on US stock options, the trading volume of local Singapore stocks during the period increased by 27.8% year-over-year; US stock options trading orders increased by 7.2% quarter-over-quarter and 12.2% year-over-year. In 2023, the Company was once again honored with the \"Best Retail Broker\" award by the Singapore Securities Investors Association.In addition to its robust retail operations, the Company also launched a one-stop wealth management solution for major financial advisory firms and wealth management entities in Singapore. Addressing the industry's current pain points such as complex client onboarding requirements, cumbersome account opening processes, limited trading options, and low transaction settlement efficiency, the Company introduced its next-generation Turnkey Asset Management Platform (TAMP). This platform offers flexible account structures, fully online account opening, multi-market and multi-asset trading, extensive analysis and trading tools, and diversified reporting. It is also supported by a team with rich experience in business and services. \"Our commitment to combining cutting-edge technology with human expertise has positioned us as a trusted partner, fostering long-term relationships and bolstering our standing in the competitive landscape of the financial sector.\" said Wu Tianhua.In the Hong Kong market, UP Fintech saw a quarter-on-quarter increase of 20.9% in funded clients and a 150.7% increase in client assets. Net asset inflows for the quarter surpassed the total for the first three quarters of 2023. During this period, the Company introduced the A-share Connect feature in Hong Kong, facilitating trading of over 2,500 eligible stocks and ETFs listed on the Shanghai and Shenzhen stock exchanges. Additionally, the Company launched the \"Fixed Income\" section, offering selected bond funds to assist Hong Kong clients in positioning themselves early for potential interest rate cuts. By December 2023, trading orders from the Company's Hong Kong users had surged nearly 30 times compared to the beginning of the year, with monthly US stock orders increasing almost 36 times. The industry has acknowledged the company's product and service strength, evident from awards such as the \"Top Two Futures Brokers\" from SGX and the \"Innovative Broker\" and \"Broker Program Key Partner\" awards from the CME. In Australia, the Company launched CHESS sponsorship for ASX share trading, further enhancing client asset security. By Q4 2023, the number of Australian trading clients grew by 49.4% year-on-year, with US stocks and options traders increased by 65.8% and 67.6% respectively. In New Zealand, leveraging advantages such as free in-depth quotes for US stocks, extended trading hours, and rich options trading experience, local trading clients grew by 19.1% in the fourth quarter, with client assets increasing by 12.0% compared to the last quarter. Currently, the Tiger Trade app has surged to the top 20 in the financial category of local app store**. Wealth management AUM grew by over 400% YoYFCN introduced to meet professional investor needsIn the fourth quarter, commission income reached US$22 million and interest-related income climbed to US$43 million, marking a QoQ increase of approximately 3.7%. For the full year of 2023, the Company's commission income totaled US$92.6 million. Interest-related income amounted to US$161.5 million, with a year-over-year growth of approximately 73.5%.During this period, the Company continued to improve the options trading experience by introducing multi-leg orders on nine major US stock index options. This helps investors capitalize on potential profit opportunities resulting from market fluctuations. Additionally, the company rolled out the options rolling feature, allowing investors to close existing options positions and open new ones with a single order. This enables professional options traders to adjust their strategies and manage risks more effectively. Since its full launch in the fourth quarter, multi-leg options trades have increased sixfold compared to the previous quarter. \"Trade Feed,\" formerly known as \"Trading Sparks,\" has undergone continuous updates, now allowing users to share multi-leg options trades while displaying the current trading profit and loss ratio. By the fourth quarter, the number of users subscribing to track other sharers' trading feed surged by 282.4% compared to the previous quarter, with over 100 trading sharers joining. Furthermore, the daily average number of shared posts soared by 191.1% quarter-over-quarter, contributing to a vibrant and active Tiger community. Additionally, TigerGPT has launched a news summary feature during the period, enabling users to summarize and analyze the full text of articles with a single click, including identifying trading opportunities and risks, thus enhancing reading efficiency. As of Q4, TigerGPT has engaged in nearly 200,000 conversations with users. The wealth management business continues its rapid growth trajectory. In the fourth quarter, the wealth business's assets under management (AUM) surged by 25.3% compared to the previous quarter, with a year-on-year growth of 420.9%. Additionally, the number of clients increased by 16.9% quarter-over-quarter and 163.9% year-over-year.During the quarter, the Company launched its US Treasury trading service, providing over 360 different types and maturities of US Treasury products. The minimum investment threshold was reduced to $1,000, coupled with highly competitive trading fees, were well-received by clients. Furthermore, fixed coupon notes (FCNs) were introduced to further meet the asset allocation needs of professional investors. Simultaneously, the wealth management interface within the Tiger Trade app underwent a redesign, with the revamped \"Wealth\" center now offering comprehensive displays of the company's wealth management products across different asset classes. This enhancement enables retail investors, institutions, and high-net-worth clients to efficiently select investments according to their investment goals and risk preferences. Service penetration keeps rising, with 1 in 4 new funded clients in Q4 opting for Tiger's wealth management services. Tiger Vault has also become a popular choice for managing idle funds among Hong Kong clients, seeing a 28.8% quarter-over-quarter growth in user numbers and a 61.2% increase in AUM.  Over 500 ESOP clients servedLeading underwriting business with 150+ HK and U.S. IPOsDuring the reporting period, UP Fintech's other revenues, encompassing services such as investment banking and Employee Stock Ownership Plan (ESOP), amounted to US$4.9 million. In 2023, other revenues were US$18.4 million in total.In the investment banking segment, the Company underwrote eight Hong Kong IPOs and one U.S. IPO. In 2023, the Company participated in underwriting five of the top ten companies in terms of funds raised in Hong Kong IPOs. Additionally, among the pre-filed US-listed companies in 2023, it acted as the lead underwriter for four companies, securing the top spot in terms of quantity***. Since venturing into investment banking, the Company has participated in underwriting over 150 companies for listings in Hong Kong and the US, leading the industry in both quantity and recognition. On the ESOP front, the Company's brand UponeShare added 30 new corporate clients in the quarter, a 15.4% year-over-year increase and an 11.1% increase from the previous quarter. In 2023, UponeShare added 116 new corporate clients, bringing the total number of serviced corporate clients to 535. With a high level of customer satisfaction, annual customer repurchase orders exceeded 30%. Leveraging industry-leading digital technology, UponeShare follows a \"consulting + SaaS\" service model to provide end-to-end equity incentive services, catering to both listed and non-listed companies (A-shares, Hong Kong shares, US shares) with its self-developed system, thereby empowering enterprises to enhance their equity management efficiency comprehensively.In the enterprise account segment, the company's total number of clients has increased to 420, with over 15% of clients having a market value exceeding HK$10 billion. Currently, Tiger Enterprise Account offers full lifecycle IR and PR services tailored to the diverse communication needs of enterprises across various industries. *Based on the 2023 Singapore resident population**Data as of 2/22/2024, sourced from app.diandian.***Data derived from publicly available and trackable projects.","news_type":1},"isVote":1,"tweetType":1,"viewCount":60,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":285640191778936,"gmtCreate":1710771072670,"gmtModify":1710771076183,"author":{"id":"4105235879329900","authorId":"4105235879329900","name":"WillsonToh","avatar":"https://community-static.tradeup.com/news/bfa698a409feaf8767914264abdbae58","crmLevel":3,"crmLevelSwitch":0},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/TIGR\">$Tiger Brokers(TIGR)$</a> earning I have a strong believe that upcoming earnings will over by expected as market have a lot of greedy buyer. Hence the quarter of this will also meet greater high as well.","listText":"<a href=\"https://ttm.financial/S/TIGR\">$Tiger Brokers(TIGR)$</a> earning I have a strong believe that upcoming earnings will over by expected as market have a lot of greedy buyer. Hence the quarter of this will also meet greater high as well.","text":"$Tiger Brokers(TIGR)$ earning I have a strong believe that upcoming earnings will over by expected as market have a lot of greedy buyer. Hence the quarter of this will also meet greater high as well.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/285640191778936","isVote":1,"tweetType":1,"viewCount":407,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":282093426601984,"gmtCreate":1709898975602,"gmtModify":1709898980287,"author":{"id":"4105235879329900","authorId":"4105235879329900","name":"WillsonToh","avatar":"https://community-static.tradeup.com/news/bfa698a409feaf8767914264abdbae58","crmLevel":3,"crmLevelSwitch":0},"themes":[],"title":"US unemployment rate","htmlText":"Will tonight unEmployment go down and up. I hope more ppl will have job and rally the market once again&nbsp;","listText":"Will tonight unEmployment go down and up. I hope more ppl will have job and rally the market once again&nbsp;","text":"Will tonight unEmployment go down and up. I hope more ppl will have job and rally the market once again","images":[],"top":1,"highlighted":1,"essential":1,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/282093426601984","isVote":1,"tweetType":1,"viewCount":107,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":279296116654136,"gmtCreate":1709208974416,"gmtModify":1709208978803,"author":{"id":"4105235879329900","authorId":"4105235879329900","name":"WillsonToh","avatar":"https://community-static.tradeup.com/news/bfa698a409feaf8767914264abdbae58","crmLevel":3,"crmLevelSwitch":0},"themes":[],"htmlText":"If they don't buy why give them discount send to Singapore instead let us have the discount instead lol&nbsp;","listText":"If they don't buy why give them discount send to Singapore instead let us have the discount instead lol&nbsp;","text":"If they don't buy why give them discount send to Singapore instead let us have the discount instead lol","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/279296116654136","repostId":"2415127519","repostType":2,"repost":{"id":"2415127519","pubTimestamp":1709208900,"share":"https://www.laohu8.com/m/news/2415127519?lang=&edition=full","pubTime":"2024-02-29 20:15","market":"us","language":"en","title":"Apple’s iPhone Steeply Discounted in China on Weak Demand","url":"https://stock-news.laohu8.com/highlight/detail?id=2415127519","media":"Bloomberg","summary":"Latest price cut is deeper than February discounts a year agoApple’s sales in China in the past quarter missed estimatesiPhone 15 smartphones on display at an Apple store in Beijing.Apple Inc.’s resel","content":"<html><head></head><body><ul style=\"\"><li><p>Latest price cut is deeper than February discounts a year ago</p></li><li><p>Apple’s sales in China in the past quarter missed estimates</p></li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/fe9212ab506890f28d2b514f42a68d47\" alt=\"iPhone 15 smartphones on display at an Apple store in Beijing.\" title=\"iPhone 15 smartphones on display at an Apple store in Beijing.\" tg-width=\"2000\" tg-height=\"1333\"/><span>iPhone 15 smartphones on display at an Apple store in Beijing.</span></p><p style=\"text-align: start;\">Apple Inc.’s resellers in China are slashing the price of iPhone 15 models by as much as $180, signaling an unusually prolonged slump in demand.</p><p style=\"text-align: start;\">iPhone 15 Pro Max handsets are now selling at prices 1,300 yuan ($180) lower than their original on Alibaba Group Holding Ltd.’s Tmall. It’s a steeper drop than the roughly $120 discount the company offered on its smartphone lineup around the same time last year, and there are similar reductions on JD.com Inc.’s online platform. Apple’s own store is selling the devices at original prices.</p><p style=\"text-align: start;\">The latest iPhone generation has not matched the usual popularity of Apple’s flagship series in China. Since its launch in September, owing to a combination of economic difficulty across the country as well as the surprising resurgence of Huawei Technologies Co.’s smartphone business, the iPhone 15 family has lagged sales of its predecessors.</p><p style=\"text-align: start;\">“Apple is catching up with the ‘deflation’ trend in China, intending to boost the demand for iPhones,” IDC analyst Will Wong said. “Based on IDC’s preliminary January data, the pressure was mainly coming from other Android vendors as we saw Apple decline by around 10% year-on-year in the month while Huawei grew triple-digits over the same period.”</p><p>The latest discounts emerged after the Lunar New Year holiday, following rare price reductions on Apple’s website in January. A company representative did not respond to a request for comment.</p><p style=\"text-align: start;\">Apple sales in China dropped 13% to $20.8 billion in the quarter ended December. That fell far short of the $23.5 billion predicted by analysts and was Apple’s weakest performance for that period in the Asian nation in years.</p><p style=\"text-align: start;\">“Apple is offering a short-term promotional price to third-party channels as an early promotion for International Women’s Day,” said Ivan Lam of Counterpoint Research. “We observed that iPhone sales in the Chinese market are becoming increasingly dependent on promotions.”</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Apple’s iPhone Steeply Discounted in China on Weak Demand</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\">\nApple’s iPhone Steeply Discounted in China on Weak Demand\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-02-29 20:15 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2024-02-29/apple-s-iphone-steeply-discounted-in-china-on-weak-demand?srnd=technology-vp><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Latest price cut is deeper than February discounts a year agoApple’s sales in China in the past quarter missed estimatesiPhone 15 smartphones on display at an Apple store in Beijing.Apple Inc.’s ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2024-02-29/apple-s-iphone-steeply-discounted-in-china-on-weak-demand?srnd=technology-vp\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4576":"AR","BK4533":"AQR资本管理(全球第二大对冲基金)","IE00BSNM7G36.USD":"NEUBERGER BERMAN SYSTEMATIC GLOBAL SUSTAINABLE VALUE \"A\" (USD) ACC","BK4566":"资本集团","BK4571":"数字音乐概念","BK4575":"芯片概念","LU0109392836.USD":"富兰克林科技股A","LU0353189680.USD":"富国美国全盘成长基金Cl A Acc","IE0004445015.USD":"JANUS HENDERSON BALANCED \"A2\" (USD) ACC","BK4559":"巴菲特持仓","LU0011850046.USD":"贝莱德全球长线股票 A2 USD","BK4501":"段永平概念","BK4588":"碎股","BK4550":"红杉资本持仓","LU0097036916.USD":"贝莱德美国增长A2 USD","BK4579":"人工智能","LU0320765059.SGD":"FTIF - Franklin US Opportunities A Acc SGD","LU0198837287.USD":"UBS (LUX) EQUITY SICAV - USA GROWTH \"P\" (USD) ACC","BK4574":"无人驾驶","LU0444971666.USD":"天利全球科技基金","IE00BJJMRY28.SGD":"Janus Henderson Balanced A Inc SGD","LU0289961442.SGD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"AX\" (SGD) ACC","BK4573":"虚拟现实","LU0149725797.USD":"汇丰美国股市经济规模基金","AAPL":"苹果","LU0127658192.USD":"EASTSPRING INVESTMENTS GLOBAL TECHNOLOGY \"A\" (USD) ACC","IE00BKVL7J92.USD":"Legg Mason ClearBridge - US Equity Sustainability Leaders A Acc USD","IE00BJTD4N35.SGD":"Neuberger Berman US Long Short Equity A1  Acc SGD-H","BK4512":"苹果概念","LU0256863811.USD":"ALLIANZ US EQUITY \"A\" INC","LU0289739343.SGD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"A\" (SGD) ACC","IE00B775SV38.USD":"NEUBERGER BERMAN US MULTICAP OPPORTUNITIES \"A\" (USD) ACC","BK4170":"电脑硬件、储存设备及电脑周边","LU0238689110.USD":"贝莱德环球动力股票基金","IE00B3S45H60.SGD":"Neuberger Berman US Multicap Opportunities A Acc SGD-H","LU0170899867.USD":"EASTSPRING INVESTMENTS WORLD VALUE EQUITY  \"A\" (USD) ACC","IE00BJJMRX11.SGD":"Janus Henderson Balanced A Acc SGD","IE0004445239.USD":"JANUS HENDERSON US FORTY \"A2\" (USD) ACC","LU0072462426.USD":"贝莱德全球配置 A2","LU0456855351.SGD":"JPMorgan Funds - Global Equity A (acc) SGD","BK4554":"元宇宙及AR概念","IE00BJTD4V19.USD":"NEUBERGER BERMAN US LONG SHORT EQUITY \"A1\" (USD) ACC","BK4592":"伊斯兰概念","BK4515":"5G概念","LU0056508442.USD":"贝莱德世界科技基金A2","BK4553":"喜马拉雅资本持仓","IE00B1XK9C88.USD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A\" (USD) ACC","BK4534":"瑞士信贷持仓","BK4585":"ETF&股票定投概念","BK4507":"流媒体概念"},"source_url":"https://www.bloomberg.com/news/articles/2024-02-29/apple-s-iphone-steeply-discounted-in-china-on-weak-demand?srnd=technology-vp","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2415127519","content_text":"Latest price cut is deeper than February discounts a year agoApple’s sales in China in the past quarter missed estimatesiPhone 15 smartphones on display at an Apple store in Beijing.Apple Inc.’s resellers in China are slashing the price of iPhone 15 models by as much as $180, signaling an unusually prolonged slump in demand.iPhone 15 Pro Max handsets are now selling at prices 1,300 yuan ($180) lower than their original on Alibaba Group Holding Ltd.’s Tmall. It’s a steeper drop than the roughly $120 discount the company offered on its smartphone lineup around the same time last year, and there are similar reductions on JD.com Inc.’s online platform. Apple’s own store is selling the devices at original prices.The latest iPhone generation has not matched the usual popularity of Apple’s flagship series in China. Since its launch in September, owing to a combination of economic difficulty across the country as well as the surprising resurgence of Huawei Technologies Co.’s smartphone business, the iPhone 15 family has lagged sales of its predecessors.“Apple is catching up with the ‘deflation’ trend in China, intending to boost the demand for iPhones,” IDC analyst Will Wong said. “Based on IDC’s preliminary January data, the pressure was mainly coming from other Android vendors as we saw Apple decline by around 10% year-on-year in the month while Huawei grew triple-digits over the same period.”The latest discounts emerged after the Lunar New Year holiday, following rare price reductions on Apple’s website in January. A company representative did not respond to a request for comment.Apple sales in China dropped 13% to $20.8 billion in the quarter ended December. That fell far short of the $23.5 billion predicted by analysts and was Apple’s weakest performance for that period in the Asian nation in years.“Apple is offering a short-term promotional price to third-party channels as an early promotion for International Women’s Day,” said Ivan Lam of Counterpoint Research. “We observed that iPhone sales in the Chinese market are becoming increasingly dependent on promotions.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":27,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":267192576815224,"gmtCreate":1706263744137,"gmtModify":1706263747987,"author":{"id":"4105235879329900","authorId":"4105235879329900","name":"WillsonToh","avatar":"https://community-static.tradeup.com/news/bfa698a409feaf8767914264abdbae58","crmLevel":3,"crmLevelSwitch":0},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$&nbsp;</a><v-v data-views=\"0\"></v-v> 89 then can buy that is the intrinsic value for now. 🥺","listText":"<a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$&nbsp;</a><v-v data-views=\"0\"></v-v> 89 then can buy that is the intrinsic value for now. 🥺","text":"$Tesla Motors(TSLA)$ 89 then can buy that is the intrinsic value for now. 🥺","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/267192576815224","isVote":1,"tweetType":1,"viewCount":256,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":266544136937480,"gmtCreate":1706109774200,"gmtModify":1706109777029,"author":{"id":"4105235879329900","authorId":"4105235879329900","name":"WillsonToh","avatar":"https://community-static.tradeup.com/news/bfa698a409feaf8767914264abdbae58","crmLevel":3,"crmLevelSwitch":0},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/.SPX\">$S&amp;P 500(.SPX)$&nbsp;</a><v-v data-views=\"1\"></v-v> Go go go. Let us get richer&nbsp;","listText":"<a href=\"https://ttm.financial/S/.SPX\">$S&amp;P 500(.SPX)$&nbsp;</a><v-v data-views=\"1\"></v-v> Go go go. Let us get richer&nbsp;","text":"$S&P 500(.SPX)$ Go go go. Let us get richer","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/266544136937480","isVote":1,"tweetType":1,"viewCount":159,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":266543171727496,"gmtCreate":1706109662500,"gmtModify":1706110296546,"author":{"id":"4105235879329900","authorId":"4105235879329900","name":"WillsonToh","avatar":"https://community-static.tradeup.com/news/bfa698a409feaf8767914264abdbae58","crmLevel":3,"crmLevelSwitch":0},"themes":[],"htmlText":"I believe it will go green before the fed comes out to scare people&nbsp;","listText":"I believe it will go green before the fed comes out to scare people&nbsp;","text":"I believe it will go green before the fed comes out to scare people","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/266543171727496","isVote":1,"tweetType":1,"viewCount":38,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":266542857367632,"gmtCreate":1706109581956,"gmtModify":1706110292975,"author":{"id":"4105235879329900","authorId":"4105235879329900","name":"WillsonToh","avatar":"https://community-static.tradeup.com/news/bfa698a409feaf8767914264abdbae58","crmLevel":3,"crmLevelSwitch":0},"themes":[],"htmlText":"Go go go before the Fed meeting decide what next","listText":"Go go go before the Fed meeting decide what next","text":"Go go go before the Fed meeting decide what next","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/266542857367632","repostId":"266209758630144","repostType":1,"repost":{"id":266209758630144,"gmtCreate":1706024643570,"gmtModify":1706024664614,"author":{"id":"3527667645834579","authorId":"3527667645834579","name":"OptionsBB","avatar":"https://community-static.tradeup.com/news/d77352af64bc1f2e2b196137b6c9a363","crmLevel":1,"crmLevelSwitch":0},"themes":[],"title":"Options Spy | Apple shares take off? Latest call option price target 265","htmlText":"The S&amp;P 500 hit another record high as technology stocks extended their recent rally. Companies set to report their latest earnings this week include Netflix, Tesla, ABT, Intel and Johnson &amp; Johnson. Tech giants like Microsoft and Apple report next week.Investor expectations for the Fed's first rate cut in March have fallen sharply to about 40 percent, down from nearly 81 percent a week ago, according to CME Group's FedWatch tool. By contrast, the market puts the chances of the Fed staying put at nearly 58 percent, up from about 19 percent a week ago.On Friday, Apple's (AAPL)$long-awaited MR Vision Pro finally opened for pre-order. The new product was frantically snapped up in the pre-sale, which boosted Apple's share price to a certain extent and managed to recover the year's decl","listText":"The S&amp;P 500 hit another record high as technology stocks extended their recent rally. Companies set to report their latest earnings this week include Netflix, Tesla, ABT, Intel and Johnson &amp; Johnson. Tech giants like Microsoft and Apple report next week.Investor expectations for the Fed's first rate cut in March have fallen sharply to about 40 percent, down from nearly 81 percent a week ago, according to CME Group's FedWatch tool. By contrast, the market puts the chances of the Fed staying put at nearly 58 percent, up from about 19 percent a week ago.On Friday, Apple's (AAPL)$long-awaited MR Vision Pro finally opened for pre-order. The new product was frantically snapped up in the pre-sale, which boosted Apple's share price to a certain extent and managed to recover the year's decl","text":"The S&P 500 hit another record high as technology stocks extended their recent rally. Companies set to report their latest earnings this week include Netflix, Tesla, ABT, Intel and Johnson & Johnson. Tech giants like Microsoft and Apple report next week.Investor expectations for the Fed's first rate cut in March have fallen sharply to about 40 percent, down from nearly 81 percent a week ago, according to CME Group's FedWatch tool. By contrast, the market puts the chances of the Fed staying put at nearly 58 percent, up from about 19 percent a week ago.On Friday, Apple's (AAPL)$long-awaited MR Vision Pro finally opened for pre-order. The new product was frantically snapped up in the pre-sale, which boosted Apple's share price to a certain extent and managed to recover the year's decl","images":[{"img":"https://static.tigerbbs.com/173d85261fb0d5a563a75d1e8bf4736f","width":"2484","height":"208"},{"img":"https://static.tigerbbs.com/c06d8e056e06db033a85446f9b4cc33d","width":"2304","height":"578"},{"img":"https://static.tigerbbs.com/04ba161da26523205c4c9a9bd137f62e","width":"2302","height":"1344"}],"top":1,"highlighted":1,"essential":2,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/266209758630144","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":7,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":106,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":266543000785176,"gmtCreate":1706109512648,"gmtModify":1706109515957,"author":{"id":"4105235879329900","authorId":"4105235879329900","name":"WillsonToh","avatar":"https://community-static.tradeup.com/news/bfa698a409feaf8767914264abdbae58","crmLevel":3,"crmLevelSwitch":0},"themes":[],"htmlText":"Great ariticle, would you like to share it?","listText":"Great ariticle, would you like to share it?","text":"Great ariticle, would you like to share it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/266543000785176","repostId":"266182369464568","repostType":1,"repost":{"id":266182369464568,"gmtCreate":1706021466794,"gmtModify":1706165402588,"author":{"id":"3579592180464188","authorId":"3579592180464188","name":"Omega88","avatar":"https://static.tigerbbs.com/af85c47a34d1bf9d2534738ed77bef05","crmLevel":6,"crmLevelSwitch":0},"themes":[],"htmlText":"Will China stocks rebound?? China govt is implementing various strategies&nbsp;to stabilize markets and boost confidence. It called for better regulations, more transparency and an attempt to improve the quality of listed companies. Most people would argue that the China stocks are deeply undervalued and it presents a golden opportunity to accumulate more. However, the recent crackdown of the gaming sector resulted in heavy selling of Tencent's and Netease's shares and showed that China itself still poses a huge policy risk! Furthermore, the post-covid recovery of China's economy has so far fallen short of expectations, plagued by real estate crisis, debt risks and high youth unemployment. China's economic recovery has been uneven this year, with a brisk start in the first quarter fading q","listText":"Will China stocks rebound?? China govt is implementing various strategies&nbsp;to stabilize markets and boost confidence. It called for better regulations, more transparency and an attempt to improve the quality of listed companies. Most people would argue that the China stocks are deeply undervalued and it presents a golden opportunity to accumulate more. However, the recent crackdown of the gaming sector resulted in heavy selling of Tencent's and Netease's shares and showed that China itself still poses a huge policy risk! Furthermore, the post-covid recovery of China's economy has so far fallen short of expectations, plagued by real estate crisis, debt risks and high youth unemployment. China's economic recovery has been uneven this year, with a brisk start in the first quarter fading q","text":"Will China stocks rebound?? China govt is implementing various strategies to stabilize markets and boost confidence. It called for better regulations, more transparency and an attempt to improve the quality of listed companies. Most people would argue that the China stocks are deeply undervalued and it presents a golden opportunity to accumulate more. However, the recent crackdown of the gaming sector resulted in heavy selling of Tencent's and Netease's shares and showed that China itself still poses a huge policy risk! Furthermore, the post-covid recovery of China's economy has so far fallen short of expectations, plagued by real estate crisis, debt risks and high youth unemployment. China's economic recovery has been uneven this year, with a brisk start in the first quarter fading q","images":[],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/266182369464568","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":109,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":262844068950208,"gmtCreate":1705204951865,"gmtModify":1705204956534,"author":{"id":"4105235879329900","authorId":"4105235879329900","name":"WillsonToh","avatar":"https://community-static.tradeup.com/news/bfa698a409feaf8767914264abdbae58","crmLevel":3,"crmLevelSwitch":0},"themes":[],"htmlText":"Hope everything is going good&nbsp;","listText":"Hope everything is going good&nbsp;","text":"Hope everything is going good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/262844068950208","isVote":1,"tweetType":1,"viewCount":123,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":262427888001192,"gmtCreate":1705103511464,"gmtModify":1705103515471,"author":{"id":"4105235879329900","authorId":"4105235879329900","name":"WillsonToh","avatar":"https://community-static.tradeup.com/news/bfa698a409feaf8767914264abdbae58","crmLevel":3,"crmLevelSwitch":0},"themes":[],"htmlText":"Tiger why ur share drop it make me very unhappy&nbsp;","listText":"Tiger why ur share drop it make me very unhappy&nbsp;","text":"Tiger why ur share drop it make me very unhappy","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/262427888001192","isVote":1,"tweetType":1,"viewCount":50,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":262055805477128,"gmtCreate":1705013324464,"gmtModify":1705013329586,"author":{"id":"4105235879329900","authorId":"4105235879329900","name":"WillsonToh","avatar":"https://community-static.tradeup.com/news/bfa698a409feaf8767914264abdbae58","crmLevel":3,"crmLevelSwitch":0},"themes":[],"htmlText":"Heng heng heng heng&nbsp;","listText":"Heng heng heng heng&nbsp;","text":"Heng heng heng heng","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/262055805477128","isVote":1,"tweetType":1,"viewCount":26,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":261949055099096,"gmtCreate":1704987310343,"gmtModify":1704987314805,"author":{"id":"4105235879329900","authorId":"4105235879329900","name":"WillsonToh","avatar":"https://community-static.tradeup.com/news/bfa698a409feaf8767914264abdbae58","crmLevel":3,"crmLevelSwitch":0},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/.SPX\">$S&amp;P 500(.SPX)$&nbsp;</a><v-v data-views=\"0\"></v-v> Omg&nbsp;","listText":"<a href=\"https://ttm.financial/S/.SPX\">$S&amp;P 500(.SPX)$&nbsp;</a><v-v data-views=\"0\"></v-v> Omg&nbsp;","text":"$S&P 500(.SPX)$ Omg","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/261949055099096","isVote":1,"tweetType":1,"viewCount":44,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":9035550764,"gmtCreate":1647646105187,"gmtModify":1676534253766,"author":{"id":"4105235879329900","authorId":"4105235879329900","name":"WillsonToh","avatar":"https://community-static.tradeup.com/news/bfa698a409feaf8767914264abdbae58","crmLevel":3,"crmLevelSwitch":0},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$</a>Hope once hit 1k on April, Elon will announce \" I will be spilting the stock to1~&gt;5. &nbsp;Let 🙏🏼🙏🏼🙏🏼","listText":"<a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$</a>Hope once hit 1k on April, Elon will announce \" I will be spilting the stock to1~&gt;5. &nbsp;Let 🙏🏼🙏🏼🙏🏼","text":"$Tesla Motors(TSLA)$Hope once hit 1k on April, Elon will announce \" I will be spilting the stock to1~>5. Let 🙏🏼🙏🏼🙏🏼","images":[],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":40,"commentSize":0,"repostSize":1,"link":"https://ttm.financial/post/9035550764","isVote":1,"tweetType":1,"viewCount":2321,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"4101309460308950","authorId":"4101309460308950","name":"Chalky","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":3,"crmLevelSwitch":0},"content":"The previous high was 1.2K and no split back then. I'm curious why you think that it will do so at 1K. Last stock split was at $1374.","text":"The previous high was 1.2K and no split back then. I'm curious why you think that it will do so at 1K. Last stock split was at $1374.","html":"The previous high was 1.2K and no split back then. I'm curious why you think that it will do so at 1K. Last stock split was at $1374."}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":206355884019912,"gmtCreate":1691411692640,"gmtModify":1691411696634,"author":{"id":"4105235879329900","authorId":"4105235879329900","name":"WillsonToh","avatar":"https://community-static.tradeup.com/news/bfa698a409feaf8767914264abdbae58","crmLevel":3,"crmLevelSwitch":0},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/N2IU.SI\">$Mapletree PanAsia Com Tr(N2IU.SI)$&nbsp;</a><v-v data-views=\"0\"></v-v>🤦🏻‍♂️🤦🏻‍♂️🤦🏻‍♂️. There is a YouTube say it and it true Singapore stock are unless stock and will not grow. from 2 drop until like this don't know when it will close. Sigh. Come on go up please.&nbsp;","listText":"<a href=\"https://ttm.financial/S/N2IU.SI\">$Mapletree PanAsia Com Tr(N2IU.SI)$&nbsp;</a><v-v data-views=\"0\"></v-v>🤦🏻‍♂️🤦🏻‍♂️🤦🏻‍♂️. There is a YouTube say it and it true Singapore stock are unless stock and will not grow. from 2 drop until like this don't know when it will close. Sigh. Come on go up please.&nbsp;","text":"$Mapletree PanAsia Com Tr(N2IU.SI)$ 🤦🏻‍♂️🤦🏻‍♂️🤦🏻‍♂️. There is a YouTube say it and it true Singapore stock are unless stock and will not grow. from 2 drop until like this don't know when it will close. Sigh. Come on go up please.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":4,"repostSize":0,"link":"https://ttm.financial/post/206355884019912","isVote":1,"tweetType":1,"viewCount":998,"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":"Even the stamp duty on securities transactions was cut 50% to invigorate capital markets and boost investor confidence for China stocks! [Cool]","text":"Even the stamp duty on securities transactions was cut 50% to invigorate capital markets and boost investor confidence for China stocks! [Cool]","html":"Even the stamp duty on securities transactions was cut 50% to invigorate capital markets and boost investor confidence for China stocks! [Cool]"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9038254738,"gmtCreate":1646859213597,"gmtModify":1676534169428,"author":{"id":"4105235879329900","authorId":"4105235879329900","name":"WillsonToh","avatar":"https://community-static.tradeup.com/news/bfa698a409feaf8767914264abdbae58","crmLevel":3,"crmLevelSwitch":0},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/G13.SI\">$GENTING SINGAPORE LIMITED(G13.SI)$</a>Ranging at 0.75 to 0.77 you do the risk and trading for day trade if you want","listText":"<a href=\"https://ttm.financial/S/G13.SI\">$GENTING SINGAPORE LIMITED(G13.SI)$</a>Ranging at 0.75 to 0.77 you do the risk and trading for day trade if you want","text":"$GENTING SINGAPORE LIMITED(G13.SI)$Ranging at 0.75 to 0.77 you do the risk and trading for day trade if you want","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":27,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9038254738","isVote":1,"tweetType":1,"viewCount":1010,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3586572626611778","authorId":"3586572626611778","name":"WingCheong","avatar":"https://static.tigerbbs.com/5be36582bd137943c42c4b0987c17acb","crmLevel":4,"crmLevelSwitch":0},"content":"May not be a good idea to trade this stock on day trading basis. Prefer to get it at a lower price level and hold for better profits.","text":"May not be a good idea to trade this stock on day trading basis. Prefer to get it at a lower price level and hold for better profits.","html":"May not be a good idea to trade this stock on day trading basis. Prefer to get it at a lower price level and hold for better profits."}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9007585331,"gmtCreate":1642948544426,"gmtModify":1676533759310,"author":{"id":"4105235879329900","authorId":"4105235879329900","name":"WillsonToh","avatar":"https://community-static.tradeup.com/news/bfa698a409feaf8767914264abdbae58","crmLevel":3,"crmLevelSwitch":0},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/CLR.SI\">$LION-PHILLIP S-REIT(CLR.SI)$</a>I was thinking Of taking the dividend to reinvest it back. What do you all shareholders think?Yes? Or no?","listText":"<a href=\"https://ttm.financial/S/CLR.SI\">$LION-PHILLIP S-REIT(CLR.SI)$</a>I was thinking Of taking the dividend to reinvest it back. What do you all shareholders think?Yes? Or no?","text":"$LION-PHILLIP S-REIT(CLR.SI)$I was thinking Of taking the dividend to reinvest it back. What do you all shareholders think?Yes? Or no?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9007585331","isVote":1,"tweetType":1,"viewCount":1880,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3573939677876063","authorId":"3573939677876063","name":"newbee111","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":4,"crmLevelSwitch":1},"content":"u will get the dividend, record date was 27jan","text":"u will get the dividend, record date was 27jan","html":"u will get the dividend, record date was 27jan"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":189754661290016,"gmtCreate":1687352521218,"gmtModify":1687352524702,"author":{"id":"4105235879329900","authorId":"4105235879329900","name":"WillsonToh","avatar":"https://community-static.tradeup.com/news/bfa698a409feaf8767914264abdbae58","crmLevel":3,"crmLevelSwitch":0},"themes":[],"htmlText":"Yes! Powell please set 500 bsp in the next meeting 🤣","listText":"Yes! Powell please set 500 bsp in the next meeting 🤣","text":"Yes! Powell please set 500 bsp in the next meeting 🤣","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":16,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/189754661290016","repostId":"1189351896","repostType":2,"repost":{"id":"1189351896","pubTimestamp":1687361165,"share":"https://www.laohu8.com/m/news/1189351896?lang=&edition=full","pubTime":"2023-06-21 23:26","market":"us","language":"en","title":"Fed's Powell Says Higher Interest Rates Needed to Curb Inflation","url":"https://stock-news.laohu8.com/highlight/detail?id=1189351896","media":"Bloomberg","summary":"Says the timing of rate moves will be decided at each meetingPowell fields questions on Fed’s respon","content":"<html><head></head><body><ul><li><p>Says the timing of rate moves will be decided at each meeting</p></li><li><p>Powell fields questions on Fed’s response to bank failures</p></li></ul><p>Federal Reserve Chair Jerome Powell said policymakers expect interest rates will need to move higher to reduce US growth and contain price pressures, even though they held rates steady at their meeting last week.</p><p style=\"text-align: start;\">“Earlier in the process, speed was very important,” Powell said Wednesday in testimony before the House Financial Services Committee, referring to the pace at which officials lifted rates over the past year. “It is not very important now.”</p><p style=\"text-align: start;\">It may make sense to continue moving rates higher in the coming months, but at a more moderate pace, Powell said in response to lawmakers’ questions about the Fed’s plans. The timing of additional hikes will be based on incoming data, he said in his opening statement.</p><p style=\"text-align: start;\">US stocks fell as Powell warned that higher rates would be needed to combat inflation, thwarting bets that the US central bank was nearing the end of its tightening cycle. </p><p>The Federal Open Market Committee paused its series of interest-rate hikes last week for the first time in 15 months, leaving rates in a range of 5% to 5.25%. But Fed officials estimated rates would rise to 5.6% by the end of the year, according to their median projection, implying two additional quarter-point hikes following surprisingly persistent inflation and labor-market strength.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/511376524a868b60e66e774f87d968d8\" alt=\"The Fed&#39;s New Dot Plot\" title=\"The Fed&#39;s New Dot Plot\" tg-width=\"698\" tg-height=\"343\"/><span>The Fed&#39;s New Dot Plot</span></p><h3 style=\"text-align: start;\">Bank Oversight</h3><p style=\"text-align: start;\">Lawmakers also pressed Powell on the Fed’s plans to strengthen supervision and regulation for regional and big banks in the wake of several bank failures earlier this year. </p><p style=\"text-align: start;\">Powell said that the Fed board hadn’t yet voted on changes to bank rules, but staff had been briefed on some tweaks that are under consideration. He added that the biggest US lenders were “very well capitalized” and that the central bank must be careful not to harm the business model of smaller lenders.</p><p style=\"text-align: start;\">The Fed chief is appearing on Capitol Hill this week for his semi-annual monetary policy testimony, the first time he has answered questions from Congress in public since early March. He will also testify before the Senate Banking committee on Thursday.</p><h3 style=\"text-align: start;\">Moderating Pace</h3><p style=\"text-align: start;\">In his prepared remarks, Powell said Fed officials “understand the hardship that high inflation is causing, and we remain strongly committed to bringing inflation back down to our 2% goal.”</p><p style=\"text-align: start;\">“Nearly all FOMC participants expect that it will be appropriate to raise interest rates somewhat further by the end of the year,” he added. “Reducing inflation is likely to require a period of below-trend growth and some softening of labor market conditions.”</p><p style=\"text-align: start;\">His prepared comments largely echoed his remarks at his post-meeting press conference last week, where he said the committee felt it was appropriate to moderate the pace of rate increases following the most aggressive hiking in four decades as well as recent bank failures that might tighten credit conditions. At the same time, he said that the vast majority of the committee projected higher rates will be needed to tame inflation.</p><p style=\"text-align: start;\">“We’re moderating that pace much as you might do if you were to be driving 75 miles an hour on a highway, then 50 miles an hour on a local highway,” Powell told lawmakers. “And then as you get closer to your destination, as you try to find that destination, you slow down further.”</p><p>Fed officials have been disappointed in how slowly inflation has fallen in recent months and are targeting a period of below-trend growth to reduce price pressures. The FOMC last week upgraded its view of economic growth and the labor market for 2023, but now is anticipating a rise in unemployment to 4.5% next year.</p><h3 style=\"text-align: start;\">Labor Market</h3><p style=\"text-align: start;\">The Fed chair has faced criticism from some Democrats for his aggressive interest-rate hikes, with Senator Elizabeth Warren, for example, warning that his policies risk putting millions of people out of work.</p><p>Powell described the labor market as “very tight” in his prepared remarks, though the unemployment rate rose in May to 3.7%. “There are some signs that supply and demand in the labor market are coming into better balance,” he said.</p><p style=\"text-align: start;\">Powell cited the Fed’s characterization in its semi-annual report to Congress released Friday of tighter US credit conditions following bank failures in March.</p><p style=\"text-align: start;\">“The economy is facing headwinds from tighter credit conditions for households and businesses, which are likely to weigh on economic activity, hiring, and inflation,” he said. “The extent of these effects remains uncertain.”</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Fed's Powell Says Higher Interest Rates Needed to Curb Inflation</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\">\nFed's Powell Says Higher Interest Rates Needed to Curb Inflation\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-06-21 23:26 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2023-06-21/fed-s-powell-says-higher-interest-rates-needed-to-curb-inflation?srnd=premium><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Says the timing of rate moves will be decided at each meetingPowell fields questions on Fed’s response to bank failuresFederal Reserve Chair Jerome Powell said policymakers expect interest rates will ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2023-06-21/fed-s-powell-says-higher-interest-rates-needed-to-curb-inflation?srnd=premium\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"source_url":"https://www.bloomberg.com/news/articles/2023-06-21/fed-s-powell-says-higher-interest-rates-needed-to-curb-inflation?srnd=premium","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1189351896","content_text":"Says the timing of rate moves will be decided at each meetingPowell fields questions on Fed’s response to bank failuresFederal Reserve Chair Jerome Powell said policymakers expect interest rates will need to move higher to reduce US growth and contain price pressures, even though they held rates steady at their meeting last week.“Earlier in the process, speed was very important,” Powell said Wednesday in testimony before the House Financial Services Committee, referring to the pace at which officials lifted rates over the past year. “It is not very important now.”It may make sense to continue moving rates higher in the coming months, but at a more moderate pace, Powell said in response to lawmakers’ questions about the Fed’s plans. The timing of additional hikes will be based on incoming data, he said in his opening statement.US stocks fell as Powell warned that higher rates would be needed to combat inflation, thwarting bets that the US central bank was nearing the end of its tightening cycle. The Federal Open Market Committee paused its series of interest-rate hikes last week for the first time in 15 months, leaving rates in a range of 5% to 5.25%. But Fed officials estimated rates would rise to 5.6% by the end of the year, according to their median projection, implying two additional quarter-point hikes following surprisingly persistent inflation and labor-market strength.The Fed's New Dot PlotBank OversightLawmakers also pressed Powell on the Fed’s plans to strengthen supervision and regulation for regional and big banks in the wake of several bank failures earlier this year. Powell said that the Fed board hadn’t yet voted on changes to bank rules, but staff had been briefed on some tweaks that are under consideration. He added that the biggest US lenders were “very well capitalized” and that the central bank must be careful not to harm the business model of smaller lenders.The Fed chief is appearing on Capitol Hill this week for his semi-annual monetary policy testimony, the first time he has answered questions from Congress in public since early March. He will also testify before the Senate Banking committee on Thursday.Moderating PaceIn his prepared remarks, Powell said Fed officials “understand the hardship that high inflation is causing, and we remain strongly committed to bringing inflation back down to our 2% goal.”“Nearly all FOMC participants expect that it will be appropriate to raise interest rates somewhat further by the end of the year,” he added. “Reducing inflation is likely to require a period of below-trend growth and some softening of labor market conditions.”His prepared comments largely echoed his remarks at his post-meeting press conference last week, where he said the committee felt it was appropriate to moderate the pace of rate increases following the most aggressive hiking in four decades as well as recent bank failures that might tighten credit conditions. At the same time, he said that the vast majority of the committee projected higher rates will be needed to tame inflation.“We’re moderating that pace much as you might do if you were to be driving 75 miles an hour on a highway, then 50 miles an hour on a local highway,” Powell told lawmakers. “And then as you get closer to your destination, as you try to find that destination, you slow down further.”Fed officials have been disappointed in how slowly inflation has fallen in recent months and are targeting a period of below-trend growth to reduce price pressures. The FOMC last week upgraded its view of economic growth and the labor market for 2023, but now is anticipating a rise in unemployment to 4.5% next year.Labor MarketThe Fed chair has faced criticism from some Democrats for his aggressive interest-rate hikes, with Senator Elizabeth Warren, for example, warning that his policies risk putting millions of people out of work.Powell described the labor market as “very tight” in his prepared remarks, though the unemployment rate rose in May to 3.7%. “There are some signs that supply and demand in the labor market are coming into better balance,” he said.Powell cited the Fed’s characterization in its semi-annual report to Congress released Friday of tighter US credit conditions following bank failures in March.“The economy is facing headwinds from tighter credit conditions for households and businesses, which are likely to weigh on economic activity, hiring, and inflation,” he said. “The extent of these effects remains uncertain.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":203,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9033035705,"gmtCreate":1646147522321,"gmtModify":1676534096072,"author":{"id":"4105235879329900","authorId":"4105235879329900","name":"WillsonToh","avatar":"https://community-static.tradeup.com/news/bfa698a409feaf8767914264abdbae58","crmLevel":3,"crmLevelSwitch":0},"themes":[],"htmlText":"[Spurting]&nbsp;but now it drop lol","listText":"[Spurting]&nbsp;but now it drop lol","text":"[Spurting] but now it drop lol","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9033035705","repostId":"1174986323","repostType":4,"repost":{"id":"1174986323","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":1646147021,"share":"https://www.laohu8.com/m/news/1174986323?lang=&edition=full","pubTime":"2022-03-01 23:03","market":"us","language":"en","title":"TSMC Shares Bucked the Trend and Rose 3% in Early Trading","url":"https://stock-news.laohu8.com/highlight/detail?id=1174986323","media":"Tiger Newspress","summary":"TSMC shares bucked the trend and rose 3% in early trading.","content":"<html><head></head><body><p>TSMC shares bucked the trend and rose 3% in early trading.</p><p><img src=\"https://static.tigerbbs.com/ec719039e88adba7b6a1d3f0d3998115\" tg-width=\"843\" tg-height=\"618\" width=\"100%\" height=\"auto\"/></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 Shares Bucked the Trend and Rose 3% in Early Trading</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\">\nTSMC Shares Bucked the Trend and Rose 3% in Early Trading\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\">2022-03-01 23:03</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>TSMC shares bucked the trend and rose 3% in early trading.</p><p><img src=\"https://static.tigerbbs.com/ec719039e88adba7b6a1d3f0d3998115\" tg-width=\"843\" tg-height=\"618\" width=\"100%\" height=\"auto\"/></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":"1174986323","content_text":"TSMC shares bucked the trend and rose 3% in early trading.","news_type":1},"isVote":1,"tweetType":1,"viewCount":256,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9068844934,"gmtCreate":1651757337028,"gmtModify":1676534963060,"author":{"id":"4105235879329900","authorId":"4105235879329900","name":"WillsonToh","avatar":"https://community-static.tradeup.com/news/bfa698a409feaf8767914264abdbae58","crmLevel":3,"crmLevelSwitch":0},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/TIGR\">$Tiger Brokers(TIGR)$</a>Is under the light under hfcaa -&gt;&nbsp;sec.gov/hfcaa","listText":"<a href=\"https://ttm.financial/S/TIGR\">$Tiger Brokers(TIGR)$</a>Is under the light under hfcaa -&gt;&nbsp;sec.gov/hfcaa","text":"$Tiger Brokers(TIGR)$Is under the light under hfcaa -> sec.gov/hfcaa","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9068844934","isVote":1,"tweetType":1,"viewCount":1048,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3576671536556108","authorId":"3576671536556108","name":"DexterT","avatar":"https://static.tigerbbs.com/62644f221ae2c6e19a39fddbc27f2236","crmLevel":2,"crmLevelSwitch":1},"content":"So is all the China companies, soo.. basically, is nothing.","text":"So is all the China companies, soo.. basically, is nothing.","html":"So is all the China companies, soo.. basically, is nothing."}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9035511550,"gmtCreate":1647633604139,"gmtModify":1676534252746,"author":{"id":"4105235879329900","authorId":"4105235879329900","name":"WillsonToh","avatar":"https://community-static.tradeup.com/news/bfa698a409feaf8767914264abdbae58","crmLevel":3,"crmLevelSwitch":0},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$</a>For those the not buy&nbsp;or buy in it 900&nbsp;","listText":"<a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$</a>For those the not buy&nbsp;or buy in it 900&nbsp;","text":"$Tesla Motors(TSLA)$For those the not buy or buy in it 900","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":13,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9035511550","isVote":1,"tweetType":1,"viewCount":262,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9039628423,"gmtCreate":1646024617197,"gmtModify":1676534083446,"author":{"id":"4105235879329900","authorId":"4105235879329900","name":"WillsonToh","avatar":"https://community-static.tradeup.com/news/bfa698a409feaf8767914264abdbae58","crmLevel":3,"crmLevelSwitch":0},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/HMN.SI\">$Ascott Trust(HMN.SI)$</a>Buy!!!!","listText":"<a href=\"https://ttm.financial/S/HMN.SI\">$Ascott Trust(HMN.SI)$</a>Buy!!!!","text":"$Ascott Trust(HMN.SI)$Buy!!!!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":1,"link":"https://ttm.financial/post/9039628423","isVote":1,"tweetType":1,"viewCount":237,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"4105235879329900","authorId":"4105235879329900","name":"WillsonToh","avatar":"https://community-static.tradeup.com/news/bfa698a409feaf8767914264abdbae58","crmLevel":3,"crmLevelSwitch":0},"content":"[Sly]","text":"[Sly]","html":"[Sly]"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9034872586,"gmtCreate":1647866930369,"gmtModify":1676534273401,"author":{"id":"4105235879329900","authorId":"4105235879329900","name":"WillsonToh","avatar":"https://community-static.tradeup.com/news/bfa698a409feaf8767914264abdbae58","crmLevel":3,"crmLevelSwitch":0},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/GRAB\">$Grab Holdings(GRAB)$</a>Please grab hold of some thing&nbsp;","listText":"<a href=\"https://ttm.financial/S/GRAB\">$Grab Holdings(GRAB)$</a>Please grab hold of some thing&nbsp;","text":"$Grab Holdings(GRAB)$Please grab hold of some thing","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9034872586","isVote":1,"tweetType":1,"viewCount":742,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9039628601,"gmtCreate":1646024552342,"gmtModify":1676534083486,"author":{"id":"4105235879329900","authorId":"4105235879329900","name":"WillsonToh","avatar":"https://community-static.tradeup.com/news/bfa698a409feaf8767914264abdbae58","crmLevel":3,"crmLevelSwitch":0},"themes":[],"htmlText":"[Cry]&nbsp;","listText":"[Cry]&nbsp;","text":"[Cry]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9039628601","repostId":"2214189884","repostType":4,"repost":{"id":"2214189884","pubTimestamp":1646020082,"share":"https://www.laohu8.com/m/news/2214189884?lang=&edition=full","pubTime":"2022-02-28 11:48","market":"us","language":"en","title":"Palantir's Gold Bullion Bet And War With Russia","url":"https://stock-news.laohu8.com/highlight/detail?id=2214189884","media":"seekingalpha","summary":"If one wants to speculate on the price of gold, the SPDR Gold Trust (GLD) and similar would typicall","content":"<html><head></head><body><p>If <a href=\"https://laohu8.com/S/AONE.U\">one</a> wants to speculate on the price of gold, the SPDR Gold Trust (GLD) and similar would typically be the vehicle used. However, these ETFs are financial products which have the inevitable counterparty risk.</p><p>For example, if their custodian HSBC Bank <a href=\"https://laohu8.com/S/PLC\">PLC</a> was impaired, this could affect the claim that GLD has on that gold. To further complicate matters, there are often times sub-custodians are used by custodians, including HSBC. In theory, all you need is one link in the chain to go bad and suddenly, the ETF no longer has access to the full amount of gold it contractually is supposed to have.</p><p>This is why, if you&#39;re real prepper, you prefer physical gold. Specifically, physical gold allocated to you, rather than a generic share in an unallocated pool. All evidence suggests that this is indeed what Palantir (PLTR) bought; allocated 100-ounce gold bars.</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/9bfc239c34eb1c447849b4f68d67b06a\" tg-width=\"640\" tg-height=\"84\" width=\"100%\" height=\"auto\"/><span>Palantir 10-Q filed 8-12-2021</span></p><p>In summary, Palantir was not doing typical commodity speculation. They were preparing for something more sinister.</p><p>As to what Palantir was anticipating, we do not know. It may not even be a specific event. In an interview, CFO Shyam Sankar said it &#34;reflects more of a worldview&#34; and &#34;you have to be prepared for a future with more black swan events.&#34;</p><h2>What black swan events warrant physical gold?</h2><p>Probably not another pandemic. At least not so soon.</p><p>Earthquakes, forest fires, tsunamis, and almost all natural disasters would be unlikely, given that they occur in a limited geographic area and therefore, are unlikely to influence the global price of gold. Something like the Carrington Event of 1859, which is the most intense geomagnetic storm in recorded history, or a large meteorite striking earth, are the only acute natural events which come to mind that have an impact beyond a limited area.</p><p>More likely, their motives were related war/military conflicts, currency debasements, and/or other geopolitics.</p><h2>Why did Palantir buy gold?</h2><p>Given their heavy involvement in military predictive analytics, one has to wonder if the odds of a military conflict/war were being suggested as probable in the near future. If it did, they&#39;re not telling us.</p><p>Was it currency debasement? Well what we do know is that not long after this purchase, US inflation hit a 40 year high; 7.5% for the January 2022 CPI. That too seems like a possibility but again, not something they&#39;ve commented on.</p><p>Those who are suggesting that Palantir predicted a Russian war with Ukraine are probably giving them too much credit.</p><p>To be clear, it&#39;s very possible that Palantir predicted high odds of such occurring in the days, weeks, and months leading up to the invasion, as the pieces fell into place (troop movements, etc.). However, predicting this event back in August would be miraculous. Though it is not impossible.</p><p>If they were predicting a military conflict back in August, perhaps it was more generically speaking, in terms of the intervals between military conflicts happening globally and how they related to other variables. Perhaps there were variables specific to Russia and Ukraine in the algorithm, which weighed more heavily. Keep in mind that already this century, Russian invasions have coincided 3 times with 3 Olympic games (Georgia in 2008, Crimea in 2014, and now greater Ukraine in 2022). With the Olympics 6 months away from August, it&#39;s plausible their analytics suggested high odds of another Russian invasion during the games.</p><p>Ultimately though, all of these specific reasons for buying gold seem unlikely. Why? Because the $50 million gold bar purchase may sound big, big it&#39;s small potatoes for Palantir, given they had about $2.3 billion in cash at that moment.</p><p>That equates to gold being merely a 2.17% weighting. If they were really anticipating war or inflation, one would expect a larger bet. Say 10, 20, or 30%.</p><p>Let&#39;s hope they didn&#39;t buy for war because if they did, it means they&#39;re expecting something far worse than present.</p></body></html>","source":"seekingalpha","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>Palantir's Gold Bullion Bet And War With Russia</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\">\nPalantir's Gold Bullion Bet And War With Russia\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-02-28 11:48 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4490506-palantirs-gold-bullion-bet-and-war-with-russia><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>If one wants to speculate on the price of gold, the SPDR Gold Trust (GLD) and similar would typically be the vehicle used. However, these ETFs are financial products which have the inevitable ...</p>\n\n<a href=\"https://seekingalpha.com/article/4490506-palantirs-gold-bullion-bet-and-war-with-russia\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GLD":"SPDR黄金ETF","BK4504":"桥水持仓","BK4023":"应用软件","BK4543":"AI","PLTR":"Palantir Technologies Inc.","BK4547":"WSB热门概念","BK4550":"红杉资本持仓"},"source_url":"https://seekingalpha.com/article/4490506-palantirs-gold-bullion-bet-and-war-with-russia","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"2214189884","content_text":"If one wants to speculate on the price of gold, the SPDR Gold Trust (GLD) and similar would typically be the vehicle used. However, these ETFs are financial products which have the inevitable counterparty risk.For example, if their custodian HSBC Bank PLC was impaired, this could affect the claim that GLD has on that gold. To further complicate matters, there are often times sub-custodians are used by custodians, including HSBC. In theory, all you need is one link in the chain to go bad and suddenly, the ETF no longer has access to the full amount of gold it contractually is supposed to have.This is why, if you're real prepper, you prefer physical gold. Specifically, physical gold allocated to you, rather than a generic share in an unallocated pool. All evidence suggests that this is indeed what Palantir (PLTR) bought; allocated 100-ounce gold bars.Palantir 10-Q filed 8-12-2021In summary, Palantir was not doing typical commodity speculation. They were preparing for something more sinister.As to what Palantir was anticipating, we do not know. It may not even be a specific event. In an interview, CFO Shyam Sankar said it \"reflects more of a worldview\" and \"you have to be prepared for a future with more black swan events.\"What black swan events warrant physical gold?Probably not another pandemic. At least not so soon.Earthquakes, forest fires, tsunamis, and almost all natural disasters would be unlikely, given that they occur in a limited geographic area and therefore, are unlikely to influence the global price of gold. Something like the Carrington Event of 1859, which is the most intense geomagnetic storm in recorded history, or a large meteorite striking earth, are the only acute natural events which come to mind that have an impact beyond a limited area.More likely, their motives were related war/military conflicts, currency debasements, and/or other geopolitics.Why did Palantir buy gold?Given their heavy involvement in military predictive analytics, one has to wonder if the odds of a military conflict/war were being suggested as probable in the near future. If it did, they're not telling us.Was it currency debasement? Well what we do know is that not long after this purchase, US inflation hit a 40 year high; 7.5% for the January 2022 CPI. That too seems like a possibility but again, not something they've commented on.Those who are suggesting that Palantir predicted a Russian war with Ukraine are probably giving them too much credit.To be clear, it's very possible that Palantir predicted high odds of such occurring in the days, weeks, and months leading up to the invasion, as the pieces fell into place (troop movements, etc.). However, predicting this event back in August would be miraculous. Though it is not impossible.If they were predicting a military conflict back in August, perhaps it was more generically speaking, in terms of the intervals between military conflicts happening globally and how they related to other variables. Perhaps there were variables specific to Russia and Ukraine in the algorithm, which weighed more heavily. Keep in mind that already this century, Russian invasions have coincided 3 times with 3 Olympic games (Georgia in 2008, Crimea in 2014, and now greater Ukraine in 2022). With the Olympics 6 months away from August, it's plausible their analytics suggested high odds of another Russian invasion during the games.Ultimately though, all of these specific reasons for buying gold seem unlikely. Why? Because the $50 million gold bar purchase may sound big, big it's small potatoes for Palantir, given they had about $2.3 billion in cash at that moment.That equates to gold being merely a 2.17% weighting. If they were really anticipating war or inflation, one would expect a larger bet. Say 10, 20, or 30%.Let's hope they didn't buy for war because if they did, it means they're expecting something far worse than present.","news_type":1},"isVote":1,"tweetType":1,"viewCount":336,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9014520119,"gmtCreate":1649685553889,"gmtModify":1676534550763,"author":{"id":"4105235879329900","authorId":"4105235879329900","name":"WillsonToh","avatar":"https://community-static.tradeup.com/news/bfa698a409feaf8767914264abdbae58","crmLevel":3,"crmLevelSwitch":0},"themes":[],"htmlText":"Buy back stock lah pls&nbsp;","listText":"Buy back stock lah pls&nbsp;","text":"Buy back stock lah pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":1,"link":"https://ttm.financial/post/9014520119","isVote":1,"tweetType":1,"viewCount":221,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9093813763,"gmtCreate":1643588955584,"gmtModify":1676533833217,"author":{"id":"4105235879329900","authorId":"4105235879329900","name":"WillsonToh","avatar":"https://community-static.tradeup.com/news/bfa698a409feaf8767914264abdbae58","crmLevel":3,"crmLevelSwitch":0},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/AJBU.SI\">$KEPPEL DC REIT(AJBU.SI)$</a>Take note Today ex d which I believe will drop further don't panic","listText":"<a href=\"https://ttm.financial/S/AJBU.SI\">$KEPPEL DC REIT(AJBU.SI)$</a>Take note Today ex d which I believe will drop further don't panic","text":"$KEPPEL DC REIT(AJBU.SI)$Take note Today ex d which I believe will drop further don't panic","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9093813763","isVote":1,"tweetType":1,"viewCount":573,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":289165586870504,"gmtCreate":1711631676876,"gmtModify":1711631681507,"author":{"id":"4105235879329900","authorId":"4105235879329900","name":"WillsonToh","avatar":"https://community-static.tradeup.com/news/bfa698a409feaf8767914264abdbae58","crmLevel":3,"crmLevelSwitch":0},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/AMC\">$AMC Entertainment(AMC)$&nbsp;</a><v-v data-views=\"0\"></v-v> They are putting out sale for investors. Good luck&nbsp;","listText":"<a href=\"https://ttm.financial/S/AMC\">$AMC Entertainment(AMC)$&nbsp;</a><v-v data-views=\"0\"></v-v> They are putting out sale for investors. Good luck&nbsp;","text":"$AMC Entertainment(AMC)$ They are putting out sale for investors. Good luck","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/289165586870504","isVote":1,"tweetType":1,"viewCount":193,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9018704206,"gmtCreate":1649085254422,"gmtModify":1676534447960,"author":{"id":"4105235879329900","authorId":"4105235879329900","name":"WillsonToh","avatar":"https://community-static.tradeup.com/news/bfa698a409feaf8767914264abdbae58","crmLevel":3,"crmLevelSwitch":0},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$</a>It's not too late to buy before it hit 2k or April q announcements&nbsp;","listText":"<a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$</a>It's not too late to buy before it hit 2k or April q announcements&nbsp;","text":"$Tesla Motors(TSLA)$It's not too late to buy before it hit 2k or April q announcements","images":[{"img":"https://community-static.tradeup.com/news/de1c452b3346e06f6c14b9705c1ec7b5","width":"828","height":"1632"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9018704206","isVote":1,"tweetType":1,"viewCount":389,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9034450842,"gmtCreate":1647952918526,"gmtModify":1676534283840,"author":{"id":"4105235879329900","authorId":"4105235879329900","name":"WillsonToh","avatar":"https://community-static.tradeup.com/news/bfa698a409feaf8767914264abdbae58","crmLevel":3,"crmLevelSwitch":0},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/BABA\">$Alibaba(BABA)$</a>Accidentally Forget to Cancel my trade and sold it.&nbsp;[Cry]&nbsp;","listText":"<a href=\"https://ttm.financial/S/BABA\">$Alibaba(BABA)$</a>Accidentally Forget to Cancel my trade and sold it.&nbsp;[Cry]&nbsp;","text":"$Alibaba(BABA)$Accidentally Forget to Cancel my trade and sold it. [Cry]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9034450842","isVote":1,"tweetType":1,"viewCount":934,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9034847419,"gmtCreate":1647865507527,"gmtModify":1676534273237,"author":{"id":"4105235879329900","authorId":"4105235879329900","name":"WillsonToh","avatar":"https://community-static.tradeup.com/news/bfa698a409feaf8767914264abdbae58","crmLevel":3,"crmLevelSwitch":0},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/BABA\">$Alibaba(BABA)$</a>Go go Alibaba! You are number1&nbsp;","listText":"<a href=\"https://ttm.financial/S/BABA\">$Alibaba(BABA)$</a>Go go Alibaba! You are number1&nbsp;","text":"$Alibaba(BABA)$Go go Alibaba! You are number1","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9034847419","isVote":1,"tweetType":1,"viewCount":320,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"4094549885200800","authorId":"4094549885200800","name":"蒋小鱼","avatar":"https://static.tigerbbs.com/e246cd92d12ee8510cba3c63485f6922","crmLevel":5,"crmLevelSwitch":0},"content":"hope to reach $120 in April, $140 in MAy and $160 in June... ha ha ha.","text":"hope to reach $120 in April, $140 in MAy and $160 in June... ha ha ha.","html":"hope to reach $120 in April, $140 in MAy and $160 in June... ha ha ha."}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9099982821,"gmtCreate":1643290633510,"gmtModify":1676533797582,"author":{"id":"4105235879329900","authorId":"4105235879329900","name":"WillsonToh","avatar":"https://community-static.tradeup.com/news/bfa698a409feaf8767914264abdbae58","crmLevel":3,"crmLevelSwitch":0},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/EVS.SI\">$NikkoAM-STC CN EV S$(EVS.SI)$</a>I think we can buy if it hit 0.9","listText":"<a href=\"https://ttm.financial/S/EVS.SI\">$NikkoAM-STC CN EV S$(EVS.SI)$</a>I think we can buy if it hit 0.9","text":"$NikkoAM-STC CN EV S$(EVS.SI)$I think we can buy if it hit 0.9","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9099982821","isVote":1,"tweetType":1,"viewCount":355,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3579899622172789","authorId":"3579899622172789","name":"Tradehub","avatar":"https://static.tigerbbs.com/3f9e3264ca5e5b85380896a391061b13","crmLevel":3,"crmLevelSwitch":1},"content":"At current fearful market condition. I see it droping another 25% to $0.68 and due to shortage of semiconductor chips it is making it worst.","text":"At current fearful market condition. I see it droping another 25% to $0.68 and due to shortage of semiconductor chips it is making it worst.","html":"At current fearful market condition. I see it droping another 25% to $0.68 and due to shortage of semiconductor chips it is making it worst."}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9004479320,"gmtCreate":1642679377088,"gmtModify":1676533734705,"author":{"id":"4105235879329900","authorId":"4105235879329900","name":"WillsonToh","avatar":"https://community-static.tradeup.com/news/bfa698a409feaf8767914264abdbae58","crmLevel":3,"crmLevelSwitch":0},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/CLR.SI\">$LION-PHILLIP S-REIT(CLR.SI)$</a>Will I get dividend if I buy now?&nbsp;","listText":"<a href=\"https://ttm.financial/S/CLR.SI\">$LION-PHILLIP S-REIT(CLR.SI)$</a>Will I get dividend if I buy now?&nbsp;","text":"$LION-PHILLIP S-REIT(CLR.SI)$Will I get dividend if I buy now?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9004479320","isVote":1,"tweetType":1,"viewCount":681,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":246387401940992,"gmtCreate":1701174463678,"gmtModify":1701174466455,"author":{"id":"4105235879329900","authorId":"4105235879329900","name":"WillsonToh","avatar":"https://community-static.tradeup.com/news/bfa698a409feaf8767914264abdbae58","crmLevel":3,"crmLevelSwitch":0},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/TIGR\">$Tiger Brokers(TIGR)$&nbsp;</a>go up initial and come down in the end. Tiger CEO must be sell his stocks already&nbsp;","listText":"<a href=\"https://ttm.financial/S/TIGR\">$Tiger Brokers(TIGR)$&nbsp;</a>go up initial and come down in the end. Tiger CEO must be sell his stocks already&nbsp;","text":"$Tiger Brokers(TIGR)$ go up initial and come down in the end. Tiger CEO must be sell his stocks already","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/246387401940992","isVote":1,"tweetType":1,"viewCount":273,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}