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2022-05-10

$Palantir Technologies Inc.(PLTR)$so many experts here 😮 take advice from tigertrade users for financial freedom!

2022-04-25

$Lendlease Global Commercial REIT(JYEU.SI)$😴

2022-04-18

$Tesla Motors(TSLA)$⏳

2022-03-26

Ok

Stock-Market Investors Should Watch the "Best Leading Indicator of Trouble Ahead"

2022-05-14

$Tiger Brokers(TIGR)$🐯

2022-04-29

$Grab Holdings(GRAB)$🤓

2022-03-22

$Lendlease Global Commercial REIT(JYEU.SI)$ Launch of equity fund raising.

2022-05-06

$Tiger Brokers(TIGR)$😴

2022-05-05

$Grab Holdings(GRAB)$😑

2022-05-02

Bloodbath for short or long 🤔

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2022-06-27

$Palantir Technologies Inc.(PLTR)$coin

2022-05-18

$Tiger Brokers(TIGR)$coin

2022-05-18

$Apple(AAPL)$🍎

2022-04-24

$Palantir Technologies Inc.(PLTR)$💥

2022-03-18

🚀🚀🚀

Over 90% of UP Fintech’s Q4 Newly Funded Accounts Came from Outside China, Achieving 119% of the Annual Target

2022-04-23

$Grab Holdings(GRAB)$dead

2022-04-13

$Apple(AAPL)$🍎

2022-04-04

$Lendlease Global Commercial REIT(JYEU.SI)$⏳

2022-04-03

$Tiger Brokers(TIGR)$⏳

2022-03-28

🤔

Apple Shares Dropped More Than 1% in Premarket Trading

Go to Tiger App to see more news

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Brokers(TIGR)$😴","images":[{"img":"https://community-static.tradeup.com/news/417e9e3b6df3d70c67e2caf20c4c7ba5","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9066944862","isVote":1,"tweetType":1,"viewCount":139,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9068193644,"gmtCreate":1651729058856,"gmtModify":1676534958130,"author":{"id":"4110450083626182","authorId":"4110450083626182","name":"davos","avatar":"https://community-static.tradeup.com/news/e2202f8c5fca6b7cc51a16547f33a3e5","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4110450083626182","authorIdStr":"4110450083626182"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/GRAB\">$Grab Holdings(GRAB)$</a>😑","listText":"<a href=\"https://ttm.financial/S/GRAB\">$Grab Holdings(GRAB)$</a>😑","text":"$Grab Holdings(GRAB)$😑","images":[{"img":"https://community-static.tradeup.com/news/40b2769826b6da794c451c4e9049db1c","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9068193644","isVote":1,"tweetType":1,"viewCount":429,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9063285789,"gmtCreate":1651475261119,"gmtModify":1676534913092,"author":{"id":"4110450083626182","authorId":"4110450083626182","name":"davos","avatar":"https://community-static.tradeup.com/news/e2202f8c5fca6b7cc51a16547f33a3e5","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4110450083626182","authorIdStr":"4110450083626182"},"themes":[],"htmlText":"Bloodbath for short or long 🤔","listText":"Bloodbath for short or long 🤔","text":"Bloodbath for short or long 🤔","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9063285789","repostId":"2232273738","repostType":2,"repost":{"id":"2232273738","kind":"news","pubTimestamp":1651460971,"share":"https://ttm.financial/m/news/2232273738?lang=&edition=fundamental","pubTime":"2022-05-02 11:09","market":"us","language":"en","title":"Palantir Stock: Almost Crashing To Its IPO Lows","url":"https://stock-news.laohu8.com/highlight/detail?id=2232273738","media":"seekingalpha","summary":"SummaryPalantir is scheduled to report its Q1 card on May 9. It will be a highly anticipated card gi","content":"<html><head></head><body><p><b>Summary</b></p><ul><li>Palantir is scheduled to report its Q1 card on May 9. It will be a highly anticipated card given the substantial decline in its stock over the past six months.</li><li>We believe the Russia-Ukraine conflict has renewed impetus and interest in Palantir&#39;s platform. But, its platform has not been well understood by some investors.</li><li>We discuss the key aspects to watch as Palantir heads into its Q1 card.</li><li>We reiterate our Buy rating on PLTR stock as a speculative position.</li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/828d19ca77b524a90273782e7cc6260d\" tg-width=\"750\" tg-height=\"500\" width=\"100%\" height=\"auto\"/><span>Michael Vi/iStock Editorial via Getty Images</span></p><p><b>Investment Thesis</b></p><p><a href=\"https://laohu8.com/S/PLTR\">Palantir Technologies Inc.</a> (NYSE:PLTR) is heading into its keenly watched FQ1&#39;22 earnings card on May 9, even as its stock last traded near its February lows.</p><p>The initial momentum surge from the start of the Russia-Ukraine conflict has almost been fully digested. As a result, we believe that investors&#39; focus has returned to the Fed&#39;s accelerated / front-loading rate hike path. Given Palantir&#39;s deeply unprofitable business model, investors should expect such volatility.</p><p>Nonetheless, we noticed that Palantir stock price targets ((PTs)) had been raised as Street analysts have become more confident in its long-term opportunities. As the conflict in Ukraine continues to drag on longer, western governments could be spurred into dedicating higher defense spending over the long term. Therefore, Palantir could be <a href=\"https://laohu8.com/S/AONE.U\">one</a> of the prime beneficiaries, given its success with the US Department of Defense.</p><p>Furthermore, Palantir COO Shyam Sankar also highlighted that its platform had been utilized for humanitarian efforts in the refugee crisis in Ukraine. Therefore, we believe that the European governments and enterprises have been given highly valuable first-hand insights into Palantir&#39;s platform and potential use cases.</p><p>In addition, our price action analysis also suggested that PLTR stock could touch and re-test its &#34;ultimate bottom&#34; of its 2020 IPO lows. While still early, we believe that could be the impetus for the stock to re-rate and for momentum to return for a much-needed rebound.</p><p>As such, we reiterate our Buy rating on PLTR stock. However, we reiterate that it&#39;s only appropriate for a speculative position given its negative profitability.</p><p><b>Palantir Is More Than Your Data Platform</b></p><p>Palantir&#39;s platform has not been well understood by some investors. Moreover, the company has also been pretty reticent in articulating the intricacies of its platform previously, given its focus on government and large enterprise customers.</p><p>However, Palantir has since revised its commercial strategy to expand its focus to smaller enterprise customers. As a result, it has modularized its Foundry platform to spur more rapid and more straightforward adoption by its corporate customers. Moreover, it has also introduced usage-based pricing to reduce the friction in adoption, helping its new customers in their adoption journey tremendously.</p><p>Notably, the company has also been more active in &#34;educating&#34; the corporate community on the critical differentiation of its platform. Palantir elucidated that Foundry is the operating system that &#34;fuels your data platform.&#34; Therefore, companies that deploy Foundry build their data platform on top of it. These data platforms include solutions by <a href=\"https://laohu8.com/S/SNOW\">Snowflake</a> (SNOW), BigQuery (GOOGL) (GOOG), AWS Redshift (AMZN), etc. PLTR accentuated (edited):</p><blockquote>Palantir Foundry is sometimes incorrectly thought of as a data platform solution. For organizations that are earlier in the digital journey, Foundry can serve this purpose. Foundry&#39;s focus, however, extends beyond those capabilities toward its ultimate aim: enhancing the operational decisions that constitute an enterprise. While data platforms do important work in centralizing and managing data in a single place, Foundry is designed to connect analytics to operations - continuously and dynamically in a complex world. As a result, it is best thought of as an operating system that coordinates the interplay of data, models, and decisions in an enterprise. - Palantir</blockquote><p>Therefore, Palantir doesn&#39;t consider these data platforms their key competitive threats. Instead, these platforms are critical partners as organizations require more complex AI analytics as they transition more workloads to the cloud. Consequently, Palantir should be regarded by investors as one of the key beneficiaries of the increasing digitization and cloud transition.</p><p><b>But, Investors Continue To Focus On Palantir&#39;s Profitability</b></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/5c0a285681d0eb3e366e9057b44a1d86\" tg-width=\"640\" tg-height=\"395\" width=\"100%\" height=\"auto\"/><span>Palantir revenue segment YoY change % (Company filings)</span></p><p>The increasingly challenging macro environment has caused significant compression in the SaaS space over the past 6 months, given their embedded growth premium. Furthermore, investors were also concerned with the marked deceleration in Palantir&#39;s government segment growth. Despite the uptick in its commercial growth, investors were concerned about the durability of its growth cadence, coupled with the increasing contribution from its SPACs investments. The market didn&#39;t like the slowdown in government revenue, even though commercial has picked up the pace.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/cb255aad3b15efc65a874513d0c25f04\" tg-width=\"640\" tg-height=\"396\" width=\"100%\" height=\"auto\"/><span>Palantir GAAP EPS consensus estimates (S&amp;P Capital IQ)</span></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ff39b9e5c01a37f400414ac5bd05a030\" tg-width=\"640\" tg-height=\"396\" width=\"100%\" height=\"auto\"/><span>Palantir revenue and Adj. EBIT consensus estimates (S&amp;P Capital IQ)</span></p><p>Moreover, Palantir&#39;s not expected to report GAAP net income profitability over the next two years. However, we should expect a line of sight visibility toward GAAP profitability on operating terms. Therefore, investors should continue to monitor its operating leverage gains closely.</p><p>Furthermore, PLTR&#39;s adjusted EBIT margins had been revised downwards after its FQ4 card to reflect more significant investments in FY22. As a result, the sell-down post FQ4 was justified, given Palantir&#39;s negative profitability. But, we should also expect to observe an inflection point in its operating profit growth from Q2&#39;22 and see improving margins moving forward.</p><p>Therefore, Palantir&#39;s Q1 earnings need to be carefully monitored to ensure Palantir is on track. But, given the low expectations in its consensus estimates, we think Palantir has a much easier bar to clear than in FQ4.</p><p><b>Is PLTR Stock A Buy, Sell, Or Hold?</b></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/578bbc62a5db509898b6387e17c369d4\" tg-width=\"640\" tg-height=\"384\" width=\"100%\" height=\"auto\"/><span>PLTR stock NTM normalized P/E and NTM FCF yield % (TIKR)</span></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/1bedb1341d91ffa3c296a8395c8fe415\" tg-width=\"640\" tg-height=\"356\" width=\"100%\" height=\"auto\"/><span>PLTR stock price chart (TradingView)</span></p><p>PLTR stock last traded at an NTM normalized P/E of 55x and an NTM FCF yield of 1.86%. Therefore, its valuation is hardly cheap despite being FCF profitable. Moreover, even though it has been digested, there&#39;s still a substantial growth premium in its valuation. Hence, we believe it remains a speculative play despite its competitive moat.</p><p>Nonetheless, as seen in its long-term price chart above, we expect a potential re-test at its IPO bottom. There have also been several instances of significant bull traps, which drew in dip buyers before the sellers unleashed their avalanche of sell orders.</p><p>Therefore, we expect the next significant battle between the bulls and bears to potentially occur at its IPO bottom. Despite that, we think its valuation and price action favor a more reasonable risk/reward upside than previously.</p><p>However, investors should allocate appropriately for a speculative position and spread their purchases.</p><p>Therefore, <i>we reiterate our Buy rating on PLTR stock</i>.</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 Stock: Almost Crashing To Its IPO Lows</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 Stock: Almost Crashing To Its IPO Lows\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-05-02 11:09 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4505639-palantir-stock-almost-crashing-ipo-lows-speculative-buy><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryPalantir is scheduled to report its Q1 card on May 9. It will be a highly anticipated card given the substantial decline in its stock over the past six months.We believe the Russia-Ukraine ...</p>\n\n<a href=\"https://seekingalpha.com/article/4505639-palantir-stock-almost-crashing-ipo-lows-speculative-buy\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PLTR":"Palantir Technologies Inc."},"source_url":"https://seekingalpha.com/article/4505639-palantir-stock-almost-crashing-ipo-lows-speculative-buy","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"2232273738","content_text":"SummaryPalantir is scheduled to report its Q1 card on May 9. It will be a highly anticipated card given the substantial decline in its stock over the past six months.We believe the Russia-Ukraine conflict has renewed impetus and interest in Palantir's platform. But, its platform has not been well understood by some investors.We discuss the key aspects to watch as Palantir heads into its Q1 card.We reiterate our Buy rating on PLTR stock as a speculative position.Michael Vi/iStock Editorial via Getty ImagesInvestment ThesisPalantir Technologies Inc. (NYSE:PLTR) is heading into its keenly watched FQ1'22 earnings card on May 9, even as its stock last traded near its February lows.The initial momentum surge from the start of the Russia-Ukraine conflict has almost been fully digested. As a result, we believe that investors' focus has returned to the Fed's accelerated / front-loading rate hike path. Given Palantir's deeply unprofitable business model, investors should expect such volatility.Nonetheless, we noticed that Palantir stock price targets ((PTs)) had been raised as Street analysts have become more confident in its long-term opportunities. As the conflict in Ukraine continues to drag on longer, western governments could be spurred into dedicating higher defense spending over the long term. Therefore, Palantir could be one of the prime beneficiaries, given its success with the US Department of Defense.Furthermore, Palantir COO Shyam Sankar also highlighted that its platform had been utilized for humanitarian efforts in the refugee crisis in Ukraine. Therefore, we believe that the European governments and enterprises have been given highly valuable first-hand insights into Palantir's platform and potential use cases.In addition, our price action analysis also suggested that PLTR stock could touch and re-test its \"ultimate bottom\" of its 2020 IPO lows. While still early, we believe that could be the impetus for the stock to re-rate and for momentum to return for a much-needed rebound.As such, we reiterate our Buy rating on PLTR stock. However, we reiterate that it's only appropriate for a speculative position given its negative profitability.Palantir Is More Than Your Data PlatformPalantir's platform has not been well understood by some investors. Moreover, the company has also been pretty reticent in articulating the intricacies of its platform previously, given its focus on government and large enterprise customers.However, Palantir has since revised its commercial strategy to expand its focus to smaller enterprise customers. As a result, it has modularized its Foundry platform to spur more rapid and more straightforward adoption by its corporate customers. Moreover, it has also introduced usage-based pricing to reduce the friction in adoption, helping its new customers in their adoption journey tremendously.Notably, the company has also been more active in \"educating\" the corporate community on the critical differentiation of its platform. Palantir elucidated that Foundry is the operating system that \"fuels your data platform.\" Therefore, companies that deploy Foundry build their data platform on top of it. These data platforms include solutions by Snowflake (SNOW), BigQuery (GOOGL) (GOOG), AWS Redshift (AMZN), etc. PLTR accentuated (edited):Palantir Foundry is sometimes incorrectly thought of as a data platform solution. For organizations that are earlier in the digital journey, Foundry can serve this purpose. Foundry's focus, however, extends beyond those capabilities toward its ultimate aim: enhancing the operational decisions that constitute an enterprise. While data platforms do important work in centralizing and managing data in a single place, Foundry is designed to connect analytics to operations - continuously and dynamically in a complex world. As a result, it is best thought of as an operating system that coordinates the interplay of data, models, and decisions in an enterprise. - PalantirTherefore, Palantir doesn't consider these data platforms their key competitive threats. Instead, these platforms are critical partners as organizations require more complex AI analytics as they transition more workloads to the cloud. Consequently, Palantir should be regarded by investors as one of the key beneficiaries of the increasing digitization and cloud transition.But, Investors Continue To Focus On Palantir's ProfitabilityPalantir revenue segment YoY change % (Company filings)The increasingly challenging macro environment has caused significant compression in the SaaS space over the past 6 months, given their embedded growth premium. Furthermore, investors were also concerned with the marked deceleration in Palantir's government segment growth. Despite the uptick in its commercial growth, investors were concerned about the durability of its growth cadence, coupled with the increasing contribution from its SPACs investments. The market didn't like the slowdown in government revenue, even though commercial has picked up the pace.Palantir GAAP EPS consensus estimates (S&P Capital IQ)Palantir revenue and Adj. EBIT consensus estimates (S&P Capital IQ)Moreover, Palantir's not expected to report GAAP net income profitability over the next two years. However, we should expect a line of sight visibility toward GAAP profitability on operating terms. Therefore, investors should continue to monitor its operating leverage gains closely.Furthermore, PLTR's adjusted EBIT margins had been revised downwards after its FQ4 card to reflect more significant investments in FY22. As a result, the sell-down post FQ4 was justified, given Palantir's negative profitability. But, we should also expect to observe an inflection point in its operating profit growth from Q2'22 and see improving margins moving forward.Therefore, Palantir's Q1 earnings need to be carefully monitored to ensure Palantir is on track. But, given the low expectations in its consensus estimates, we think Palantir has a much easier bar to clear than in FQ4.Is PLTR Stock A Buy, Sell, Or Hold?PLTR stock NTM normalized P/E and NTM FCF yield % (TIKR)PLTR stock price chart (TradingView)PLTR stock last traded at an NTM normalized P/E of 55x and an NTM FCF yield of 1.86%. Therefore, its valuation is hardly cheap despite being FCF profitable. Moreover, even though it has been digested, there's still a substantial growth premium in its valuation. Hence, we believe it remains a speculative play despite its competitive moat.Nonetheless, as seen in its long-term price chart above, we expect a potential re-test at its IPO bottom. There have also been several instances of significant bull traps, which drew in dip buyers before the sellers unleashed their avalanche of sell orders.Therefore, we expect the next significant battle between the bulls and bears to potentially occur at its IPO bottom. Despite that, we think its valuation and price action favor a more reasonable risk/reward upside than previously.However, investors should allocate appropriately for a speculative position and spread their purchases.Therefore, we reiterate our Buy rating on PLTR stock.","news_type":1},"isVote":1,"tweetType":1,"viewCount":332,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9060786487,"gmtCreate":1651194018545,"gmtModify":1676534867899,"author":{"id":"4110450083626182","authorId":"4110450083626182","name":"davos","avatar":"https://community-static.tradeup.com/news/e2202f8c5fca6b7cc51a16547f33a3e5","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4110450083626182","authorIdStr":"4110450083626182"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/GRAB\">$Grab Holdings(GRAB)$</a>🤓","listText":"<a href=\"https://ttm.financial/S/GRAB\">$Grab Holdings(GRAB)$</a>🤓","text":"$Grab 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08:45","market":"us","language":"en","title":"Stock-Market Investors Should Watch the \"Best Leading Indicator of Trouble Ahead\"","url":"https://stock-news.laohu8.com/highlight/detail?id=1196027616","media":"MarketWatch","summary":"Investors have been watching the U.S. Treasury yield curve for inversions, a reliable predictor of p","content":"<html><head></head><body><p>Investors have been watching the U.S. Treasury yield curve for inversions, a reliable predictor of past economic downturns.</p><p>They don’t always agree on which part of the curve is best to watch though.</p><p>“Yield curve inversion, and flatting, has been at the forefront for everyone,” said Pete Duffy, chief investment officer at Penn Capital Management Company, in Philadelphia, by phone.</p><p>“That’s because the Fed is so active and rates suddenly have gone up so quickly.”</p><p>An inversion of the yield curve happens when rates on longer bonds fall below those of shorter-term debt, a sign that investors think economic woes could lie ahead. Fears of an economic slowdown have been mounting as the Federal Reserve starts to tighten financial conditions while Russia’s Ukraine invasion threatens to keep key drivers of U.S. inflation high.</p><p>Lately, the attention has been on the 10-year Treasury yield TMUBMUSD10Y, 2.478% and shorter 2-year yield, where the spread fell to 13 basis points on Tuesday, up from a high of about 130 basis points five months ago.</p><p>Read: The yield curve is speeding toward inversion — here’s what investors need to know</p><p>But that’s not the only plot on the Treasury yield curve investors closely watch. The Treasury Department sells securities that mature in a range from a few days to 30 years, providing a lot of plots on the curve to follow.</p><p>“The focus has been on the 10s and 2s,” said Mark Heppenstall, chief investment officer at Penn Mutual Asset Management, in Horsham, Penn, a northern suburb of Philadelphia.</p><p>“I will hold out until the 10s to 3-month bills inverts before I turn too negative on the economic outlook,” he said, calling it “the best leading indicator of trouble ahead.”</p><h2>Watch 10-year, 3-month</h2><p>Instead of falling, that spread climbed in March, continuing its path higher since turning negative two years ago at the onset of the pandemic (see chart).</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/7fe28818cd1806ee5afd5519332cf483\" tg-width=\"700\" tg-height=\"579\" width=\"100%\" height=\"auto\"/><span>The 3-month to 10-year yield spread is climbing Bloomberg data, Goelzer Investment Management</span></p><p>“The 3-month Treasury bill really tracks the Federal Reserve’s target rate,” said Gavin Stephens, director of portfolio management at Goelzer Investment Management in Indiana, by phone.</p><p>“So it gives you a more immediate picture of if the Federal Reserve has entered a restrictive state in terms of monetary policy and, thus, giving the possibility that economic growth is going to contract, which would be bad for stocks.”</p><p>Stocks were lower Friday, but with the S&amp;P 500 index SPX, +0.51% and the Nasdaq Composite Index COMP, -0.16% still up about 1.2% on the week. The three major indexes were 4.5% to 10.1% lower so far in 2022, according to FactSet.</p><p>By watching the 10s and 2s TMUBMUSD02Y, 2.280% spread, “You are looking at the expectations of where Fed Reserve interest rate policy is going to be over a period of two years,” Stephens said. “So, effectively, it’s working with a lag.”</p><p>On average, from the time the 10s and 2s curve inverts, until “there’s a recession, it’s almost two years,” he said, predicting that with unemployment recently pegged around 3.8% that, “this curve is going to invert when the economy is really strong.”</p><p>The Federal Reserve Bank of San Francisco also called the 3-month TMUBMUSD03M, 0.535% and 10-year curve relationship its “preferred spread measure because it has the strongest predictive power for future recessions,” such as in 2019, back when the yield curve was more regularly flashing recession warning signs.</p><p>“Did it see COVID coming?” Duffy said, of earlier yield curve inversions.</p><p>A more likely catalyst was that investors already were on a recession watch, with the American economy in its longest expansion period on record.</p><p>“There are a number of these curves that you need to look at in totality,” Duffy said. “We’ve always said look at many signals.”</p></body></html>","source":"lsy1603348471595","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>Stock-Market Investors Should Watch the \"Best Leading Indicator of Trouble Ahead\"</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; 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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\">\nStock-Market Investors Should Watch the \"Best Leading Indicator of Trouble Ahead\"\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-03-26 08:45 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/why-this-part-of-the-treasury-yield-curve-may-be-the-best-leading-indicator-of-trouble-ahead-11648210025?mod=home-page><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Investors have been watching the U.S. Treasury yield curve for inversions, a reliable predictor of past economic downturns.They don’t always agree on which part of the curve is best to watch though.“...</p>\n\n<a href=\"https://www.marketwatch.com/story/why-this-part-of-the-treasury-yield-curve-may-be-the-best-leading-indicator-of-trouble-ahead-11648210025?mod=home-page\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".DJI":"道琼斯",".SPX":"S&P 500 Index"},"source_url":"https://www.marketwatch.com/story/why-this-part-of-the-treasury-yield-curve-may-be-the-best-leading-indicator-of-trouble-ahead-11648210025?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1196027616","content_text":"Investors have been watching the U.S. Treasury yield curve for inversions, a reliable predictor of past economic downturns.They don’t always agree on which part of the curve is best to watch though.“Yield curve inversion, and flatting, has been at the forefront for everyone,” said Pete Duffy, chief investment officer at Penn Capital Management Company, in Philadelphia, by phone.“That’s because the Fed is so active and rates suddenly have gone up so quickly.”An inversion of the yield curve happens when rates on longer bonds fall below those of shorter-term debt, a sign that investors think economic woes could lie ahead. Fears of an economic slowdown have been mounting as the Federal Reserve starts to tighten financial conditions while Russia’s Ukraine invasion threatens to keep key drivers of U.S. inflation high.Lately, the attention has been on the 10-year Treasury yield TMUBMUSD10Y, 2.478% and shorter 2-year yield, where the spread fell to 13 basis points on Tuesday, up from a high of about 130 basis points five months ago.Read: The yield curve is speeding toward inversion — here’s what investors need to knowBut that’s not the only plot on the Treasury yield curve investors closely watch. The Treasury Department sells securities that mature in a range from a few days to 30 years, providing a lot of plots on the curve to follow.“The focus has been on the 10s and 2s,” said Mark Heppenstall, chief investment officer at Penn Mutual Asset Management, in Horsham, Penn, a northern suburb of Philadelphia.“I will hold out until the 10s to 3-month bills inverts before I turn too negative on the economic outlook,” he said, calling it “the best leading indicator of trouble ahead.”Watch 10-year, 3-monthInstead of falling, that spread climbed in March, continuing its path higher since turning negative two years ago at the onset of the pandemic (see chart).The 3-month to 10-year yield spread is climbing Bloomberg data, Goelzer Investment Management“The 3-month Treasury bill really tracks the Federal Reserve’s target rate,” said Gavin Stephens, director of portfolio management at Goelzer Investment Management in Indiana, by phone.“So it gives you a more immediate picture of if the Federal Reserve has entered a restrictive state in terms of monetary policy and, thus, giving the possibility that economic growth is going to contract, which would be bad for stocks.”Stocks were lower Friday, but with the S&P 500 index SPX, +0.51% and the Nasdaq Composite Index COMP, -0.16% still up about 1.2% on the week. The three major indexes were 4.5% to 10.1% lower so far in 2022, according to FactSet.By watching the 10s and 2s TMUBMUSD02Y, 2.280% spread, “You are looking at the expectations of where Fed Reserve interest rate policy is going to be over a period of two years,” Stephens said. “So, effectively, it’s working with a lag.”On average, from the time the 10s and 2s curve inverts, until “there’s a recession, it’s almost two years,” he said, predicting that with unemployment recently pegged around 3.8% that, “this curve is going to invert when the economy is really strong.”The Federal Reserve Bank of San Francisco also called the 3-month TMUBMUSD03M, 0.535% and 10-year curve relationship its “preferred spread measure because it has the strongest predictive power for future recessions,” such as in 2019, back when the yield curve was more regularly flashing recession warning signs.“Did it see COVID coming?” Duffy said, of earlier yield curve inversions.A more likely catalyst was that investors already were on a recession watch, with the American economy in its longest expansion period on record.“There are a number of these curves that you need to look at in totality,” Duffy said. “We’ve always said look at many signals.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":48,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9067441707,"gmtCreate":1652501092309,"gmtModify":1676535113338,"author":{"id":"4110450083626182","authorId":"4110450083626182","name":"davos","avatar":"https://community-static.tradeup.com/news/e2202f8c5fca6b7cc51a16547f33a3e5","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4110450083626182","idStr":"4110450083626182"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/TIGR\">$Tiger Brokers(TIGR)$</a>🐯","listText":"<a href=\"https://ttm.financial/S/TIGR\">$Tiger Brokers(TIGR)$</a>🐯","text":"$Tiger 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Inc.(PLTR)$💥","images":[{"img":"https://community-static.tradeup.com/news/edca1a8863cdc4143455f05c9db4d9da","width":"1080","height":"3501"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9085729395","isVote":1,"tweetType":1,"viewCount":125,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9035655468,"gmtCreate":1647591652962,"gmtModify":1676534248486,"author":{"id":"4110450083626182","authorId":"4110450083626182","name":"davos","avatar":"https://community-static.tradeup.com/news/e2202f8c5fca6b7cc51a16547f33a3e5","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4110450083626182","idStr":"4110450083626182"},"themes":[],"htmlText":"🚀🚀🚀","listText":"🚀🚀🚀","text":"🚀🚀🚀","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9035655468","repostId":"1130532398","repostType":4,"repost":{"id":"1130532398","kind":"news","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":1647590694,"share":"https://ttm.financial/m/news/1130532398?lang=&edition=fundamental","pubTime":"2022-03-18 16:04","market":"us","language":"en","title":"Over 90% of UP Fintech’s Q4 Newly Funded Accounts Came from Outside China, Achieving 119% of the Annual Target","url":"https://stock-news.laohu8.com/highlight/detail?id=1130532398","media":"Tiger Newspress","summary":"UP Fintech Holding Limited (the “Company”, a NASDAQ-listed company under the ticker “TIGR”, and all ","content":"<html><head></head><body><p>UP Fintech Holding Limited (the “Company”, a NASDAQ-listed company under the ticker “TIGR”, and all of its subsidiaries and consolidated entities), a leading online brokerage firm focusing on global investors, today reported its unaudited financial results for the fourth quarter and full year ended December 31, 2021. Total revenue in the fourth quarter was US$62.2 million, and total revenue for the year 2021 reached US$264.5 million, a year-over-year increase of 91%. Non-GAAP net income was US$24.5 million.</p><p>At the end of 2021, customer accounts totaled 1.8 million, and the number of customers with deposits increased to 673,400. Furthermore, the company added 414,700 new funded accounts in 2021, more than all of its past annual funded account growth combined. In total, the company achieved 119% of its annual funded account growth target in 2021. During the fourth quarter, the company’s trading volume increased to US$85.9 billion, with total client assets reaching US$17.1 billion. The company’s annual trading volume totaled US$404.3 billion, 1.8 times that of the previous year.</p><p>Mr. Wu Tianhua, CEO and founder of UP Fintech commented, “In 2021, despite fluctuations in global financial markets and significant uncertainties, our focus on our internationalization strategy drove steady growth. In thefourth quarter, over 90% of new funded accounts came from international markets, with a large portion of the new funded accounts coming from Singapore. UP Fintech maintains leading market share in Singapore and the company&#39;s Singapore headquarters contributed to making the market as one of key growth drivers, both in the number of total accounts and newly acquired accounts. The fourth quarter was the third consecutive quarter of more than 100% year-over-year growth in funded accounts in Singapore. The total number of registered accounts in Singapore now represents 15% of Singapore&#39;s population aged 20 and above. In the year since we began to ramp up our self-clearing capabilities, we have made substantial progress and now self-clear over 80% of customers’ U.S. cash equities trades. Our firm’s capability to deploy proprietary technologies on our fintech platform demonstrates the contributions that Chinese innovation is making to the global brokerage industry. Our B2B businesses reached new milestones this year: as of December 31st, 2021, 90% of new issuers with market capitalization in excess ofHK$100 billion in Hong Kong and 100% of new U.S. ADR issuers with market capitalization over US$1 billion cooperated with UP Fintech’s investment bank or chose to use the company’s ESOP service. Overall, our company’s comprehensive enterprise services are gaining increasing recognition within the industry. In coming years, the company looks forward to entering new international markets and enabling a greater range of investors to allocate their assets globally on our innovative fintech platform.”</p><p><b>Over 90% of Newly Funded Accounts Came from Outside China as the Company Executes on its Global Expansion Strategy</b></p><p>Driven by strong growth in international markets,UP Fintechfurther expanded its client base. The company added 61,400 new funded accounts during the fourth quarter of which over 90% came from outside China. Furthermore, in 2021, the company added a total of 414,700 new funded accounts, achieving 119% of its annual target. In the fourth quarter, the company&#39;s trading volume was US$85.9 billion, client assets reached US$17.1 billion, commission income was up to US$29.9 million, and interest-related income increased to US$22.5 million.</p><p>At a time of global macroeconomic uncertainty, UP Fintechcontinues focus on its long-term expansion plans with a focus on improving the customer experience. To increase customer choice on its platform, the company recently added new functions such as bracket orders and a new display for analyzing diluted cost positions. The company also recently added an option screener and option list to better meet the needs of investors who trade options. In Australia,UP Fintechbegan to meet the needs of local investors by adding multi-dimensional analysis tools and real-time level 2 market data. Investors on the firm’s platform may view a rich range of financial metrics such as capital flow analysis and lists of corporate actions.</p><p>In addition,the company&#39;s wealth management business continued to attract more clients as the number of available investment products continued to rise. At the end of the fourth quarter, the company’s Fund Mall enabled another 661 funds for investors to choose from. As the selection of funds has increased, the number of customers investing in the Fund Mall increased by 377.5% year-over-year, and the AUM of the Fund Mall increased by 290.1% year-over-year. ForCash Plus, the company’s idle cash management product,the number of customers and their cumulative transfer value during the fourth quarter was nearly double that of the same period last year. The company also added HKD and SGD currencies to the Fund Mall to further meet customers global asset allocation needs.</p><p>The company offered 26 IPO subscriptions in Hong Kong and The U.S. during the fourth quarter, including several high-profile listings such as those of NetEase Cloud Music and Sense Time. For the full year 2021, the company in total offered 123 IPO subscriptions.The company is becoming one of the top platforms for retail investors to participate in new listings in Hong Kong; retail orders for larger listings such as those of Kuaishou and JD Logistics exceeded HK$10 billion. The company also assisted issuers in connecting with its investor base and highlighting their business performance by helping them hold online roadshows and broadcasting their earnings conference calls. During the year, the company held more than 60% of courses about high-quality Asian assets to investors.</p><p>The company continued to invest in key brokerage technologies to enhance its capability to manage securities trading from the front end to execution and clearing. Self-clearing has long been the purview of traditional banks, but the company continues to ramp up its capability to conduct self-clearing and by the end of the fourth quarter, over 80% of clients were having their U.S. cash equities trades self-cleared. As a result of the company’s investment in clearing technology, clearing costsdeclined quarter over quarter by 27.8%.</p><p>As part of its international expansion, the company continued to obtain new licenses and qualifications in multiple international jurisdictions. The firm now holds 50 licenses and qualifications across 37 categories in Hong Kong, Singapore, The U.S., New Zealand, and Australia. The company looks forward to using these licenses to further support its international expansion.</p><p>UP Fintechis also receiving growing recognition in international capital markets and in 2021 was selected for inclusion in the MSCI China All Shares Index and the MSCI China Small Cap Index.</p><p><b>The fourth quarter was the third consecutive quarter of more than 100% YoY growth in funded accounts in Singapore. The total number of registered accounts in Singapore now represents 15% of Singapore&#39;s population aged 20+</b></p><p>Since entering Singapore in February 2020,UP Fintechhas continued to consolidate its position in the local market. More than half of new funded accounts in the fourth quarter came from Singapore. According to App Annie, as of the end of 2021, as measured by the total number of accounts and downloads,UP Fintech’s flagship mobile trading App, Tiger Trade, led the online brokerage market in Singapore.The fourth quarter wasthe third consecutive quarter of over 100%year-over-yeargrowth in funded accounts in Singapore,and the numberof registered accounts now represents 15% of Singapore&#39;s population aged 20or above. In addition, approximately 30% of the new funded accountsin Singaporein the fourth quarter came from users over the age of 40, which demonstrates the firm’s trading platform appeals to a wide range of investors.</p><p>UP Fintech’s leading position in the Singapore market is due to its relentless focus on localization. In the fourth quarter, to better meet the needs of local clients, the company added a new module to allow easy display of Singapore companies listed in The U.S. market. The company also added new features such as industry classifications and sponsor data to assist customers learn more about local investment opportunities.</p><p>In the fourth quarter, the company offered customers in Singapore the opportunity to subscribe shares from two local issuers. The company also enabled institutional clients in Singapore the ability to participate in the global offerings of new issuers in Hong Kong, further increasing the ability of local investors to participate in China’s capital markets.</p><p>The AUM ofUP Fintech’swealth management business in Singapore increased by 186.5% while the number of customers increased by 223.9% quarter-over-quarter respectively. To increase the value proposition of Cash Plus in international markets, the company introduced lower thresholds for customers to invest their capital in Cash Plus. Local customers may now invest in Cash Plus with just 1 USD, 1 SGD, or 5 HKD and may transfer their funds in and out at any time. During the year, the company joined the Securities Association of Singapore and was honored that its subsidiary, Tiger Brokers (Singapore) Pte. Ltd., was officially admitted as a trading member of Singapore Exchange Securities Trading Limited and Singapore Exchange Derivatives Trading Limited, and clearing member and depository agent of The Central Depository (Pte) Limited. The company is the first fintech enabled brokerage in the world to obtain such qualifications in Singapore. In November 2021, UP Fintech’s Singapore subsidiary was Named as &#34;Asia&#39;s Most Innovative Company&#34; by Fortune Times, a Singapore based business magazine, demonstrating the company’s innovative platform is gaining increasing recognition from local media.</p><p><b>The Cumulative Number of ESOP Clients at the End of 2021 was 2.5X Higher than the Year Before and Annual Enterprise Services Revenue Increased by 67%</b></p><p>Corporate services such as investment banking and ESOP have become a new driver of the company’s long-term growth. According to the company’s Q4 financial results, other revenues, which includes revenue from investment banking and ESOP, reached US$9.8 million in Q4, and annual revenue from this segment reached US$37.7 million, an increase of 67% from the prior year.</p><p>As of December 31st, 2021, 90% of new issuers with market capitalization in excess of HK$100 billion in Hong Kong and 100% of new U.S. ADR issuers with market capitalization over US$1 billion cooperated with UP Fintech’s investment bank or chose to use the company’s ESOP service.</p><p></p><p>During the fourth quarter, the company leveraged the strength of its innovative platform and comprehensive range of services to participate in the underwriting and distribution of 22 listings in The U.S. and Hong Kong. In Hong Kong, the company acted as an underwriter in the global offerings of NetEase Cloud Music, Sense Time, and Airdoc. For the listing of NetEase Cloud Music, the company was the sole online broker to participate in the global offering. In The U.S., the company leveraged its rich investment banking experience, licenses, and technical capabilities to serve as an underwriter for 15 U.S. IPOs. The 2021 IPO of Kuke Music was another notable milestone for the company; the company was the first online broker to serve as the lead underwriter in a U.S. IPO.</p><p>In the fourth quarter, the company’s investment bank continued to provide a rich range of services to next generation technology companies at multiple stages of their growth, from pre-IPO financial advisory to post listing capital markets services. In 2021, the company provided financial advisory services to over 30 companies. Finally, the company also assisted Canadian Solar conduct an ATM (At The Market) offering to raise additional capital to support the expansion of its green energy business.</p><p>With regards to the company’s ESOP business,UP Fintechadded 51 new clients during the quarter. Despite launching the business just over three years ago, the total number of clients served by the company’s ESOP system reached 313, an increase of 152.4% year-over-year. The company’s ESOP system has extensive capabilities that allow it serve clients listed in Hong Kong, The U.S., and China; the company’s ESOP system also serves a diverse range of pre-IPO clients.</p><p>As a global ESOP provider, the company offers comprehensive services for corporate ESOP management across multiple capital markets. In the fourth quarter, Tiger ESOP provided the pharmaceutical R&amp;D company, Pharmaron, with equity incentive management solutions for both A+H share capital markets. At the same time,UP Fintechalso provided ESOP-related tax, foreign exchange, and other specialized services for Pharmaron’&#39;s multinational employee base that includes British, American, and Chinese nationals. UP Fintech’s capability to provide ESOP and other ancillary services across multiple capital markets and nationalities is a testament to the sophistication of its ESOP system and ability to meet clients’ complex needs.</p><p>On the company’s vibrant social media community, The Tiger Community, 35 new corporations opened enterprise accounts in the fourth quarter, including seven internationally renowned fund companies, such as Fidelity International and Lion Global Investors. As more and more corporations open enterprise accounts in the Tiger Community, the company’s 9+ million user base is able to increase its interaction and understanding of the vast range of issuers and fund companies present in the community.</p><p>UP Fintech’s online community continues to build its position as a preferred investor relations &amp; PR platform for next generation technology companies. The company recently assisted Xiaomi hold an online product launch, helped organize an online conference for Kuaishou, and held a listing anniversary for Dada Nexus. Corporates are drawn to enterprise accounts as they may employ innovative marketing materials, such as interactive graphics and livestreams, to directly connect with investors and customers.Many enterprise accounts have already received over one million views and the company looks forward to inviting more investors and corporates to participate in its online community.</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>Over 90% of UP Fintech’s Q4 Newly Funded Accounts Came from Outside China, Achieving 119% of the Annual Target</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\">\nOver 90% of UP Fintech’s Q4 Newly Funded Accounts Came from Outside China, Achieving 119% of the Annual Target\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\">2022-03-18 16:04</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>UP Fintech Holding Limited (the “Company”, a NASDAQ-listed company under the ticker “TIGR”, and all of its subsidiaries and consolidated entities), a leading online brokerage firm focusing on global investors, today reported its unaudited financial results for the fourth quarter and full year ended December 31, 2021. Total revenue in the fourth quarter was US$62.2 million, and total revenue for the year 2021 reached US$264.5 million, a year-over-year increase of 91%. Non-GAAP net income was US$24.5 million.</p><p>At the end of 2021, customer accounts totaled 1.8 million, and the number of customers with deposits increased to 673,400. Furthermore, the company added 414,700 new funded accounts in 2021, more than all of its past annual funded account growth combined. In total, the company achieved 119% of its annual funded account growth target in 2021. During the fourth quarter, the company’s trading volume increased to US$85.9 billion, with total client assets reaching US$17.1 billion. The company’s annual trading volume totaled US$404.3 billion, 1.8 times that of the previous year.</p><p>Mr. Wu Tianhua, CEO and founder of UP Fintech commented, “In 2021, despite fluctuations in global financial markets and significant uncertainties, our focus on our internationalization strategy drove steady growth. In thefourth quarter, over 90% of new funded accounts came from international markets, with a large portion of the new funded accounts coming from Singapore. UP Fintech maintains leading market share in Singapore and the company&#39;s Singapore headquarters contributed to making the market as one of key growth drivers, both in the number of total accounts and newly acquired accounts. The fourth quarter was the third consecutive quarter of more than 100% year-over-year growth in funded accounts in Singapore. The total number of registered accounts in Singapore now represents 15% of Singapore&#39;s population aged 20 and above. In the year since we began to ramp up our self-clearing capabilities, we have made substantial progress and now self-clear over 80% of customers’ U.S. cash equities trades. Our firm’s capability to deploy proprietary technologies on our fintech platform demonstrates the contributions that Chinese innovation is making to the global brokerage industry. Our B2B businesses reached new milestones this year: as of December 31st, 2021, 90% of new issuers with market capitalization in excess ofHK$100 billion in Hong Kong and 100% of new U.S. ADR issuers with market capitalization over US$1 billion cooperated with UP Fintech’s investment bank or chose to use the company’s ESOP service. Overall, our company’s comprehensive enterprise services are gaining increasing recognition within the industry. In coming years, the company looks forward to entering new international markets and enabling a greater range of investors to allocate their assets globally on our innovative fintech platform.”</p><p><b>Over 90% of Newly Funded Accounts Came from Outside China as the Company Executes on its Global Expansion Strategy</b></p><p>Driven by strong growth in international markets,UP Fintechfurther expanded its client base. The company added 61,400 new funded accounts during the fourth quarter of which over 90% came from outside China. Furthermore, in 2021, the company added a total of 414,700 new funded accounts, achieving 119% of its annual target. In the fourth quarter, the company&#39;s trading volume was US$85.9 billion, client assets reached US$17.1 billion, commission income was up to US$29.9 million, and interest-related income increased to US$22.5 million.</p><p>At a time of global macroeconomic uncertainty, UP Fintechcontinues focus on its long-term expansion plans with a focus on improving the customer experience. To increase customer choice on its platform, the company recently added new functions such as bracket orders and a new display for analyzing diluted cost positions. The company also recently added an option screener and option list to better meet the needs of investors who trade options. In Australia,UP Fintechbegan to meet the needs of local investors by adding multi-dimensional analysis tools and real-time level 2 market data. Investors on the firm’s platform may view a rich range of financial metrics such as capital flow analysis and lists of corporate actions.</p><p>In addition,the company&#39;s wealth management business continued to attract more clients as the number of available investment products continued to rise. At the end of the fourth quarter, the company’s Fund Mall enabled another 661 funds for investors to choose from. As the selection of funds has increased, the number of customers investing in the Fund Mall increased by 377.5% year-over-year, and the AUM of the Fund Mall increased by 290.1% year-over-year. ForCash Plus, the company’s idle cash management product,the number of customers and their cumulative transfer value during the fourth quarter was nearly double that of the same period last year. The company also added HKD and SGD currencies to the Fund Mall to further meet customers global asset allocation needs.</p><p>The company offered 26 IPO subscriptions in Hong Kong and The U.S. during the fourth quarter, including several high-profile listings such as those of NetEase Cloud Music and Sense Time. For the full year 2021, the company in total offered 123 IPO subscriptions.The company is becoming one of the top platforms for retail investors to participate in new listings in Hong Kong; retail orders for larger listings such as those of Kuaishou and JD Logistics exceeded HK$10 billion. The company also assisted issuers in connecting with its investor base and highlighting their business performance by helping them hold online roadshows and broadcasting their earnings conference calls. During the year, the company held more than 60% of courses about high-quality Asian assets to investors.</p><p>The company continued to invest in key brokerage technologies to enhance its capability to manage securities trading from the front end to execution and clearing. Self-clearing has long been the purview of traditional banks, but the company continues to ramp up its capability to conduct self-clearing and by the end of the fourth quarter, over 80% of clients were having their U.S. cash equities trades self-cleared. As a result of the company’s investment in clearing technology, clearing costsdeclined quarter over quarter by 27.8%.</p><p>As part of its international expansion, the company continued to obtain new licenses and qualifications in multiple international jurisdictions. The firm now holds 50 licenses and qualifications across 37 categories in Hong Kong, Singapore, The U.S., New Zealand, and Australia. The company looks forward to using these licenses to further support its international expansion.</p><p>UP Fintechis also receiving growing recognition in international capital markets and in 2021 was selected for inclusion in the MSCI China All Shares Index and the MSCI China Small Cap Index.</p><p><b>The fourth quarter was the third consecutive quarter of more than 100% YoY growth in funded accounts in Singapore. The total number of registered accounts in Singapore now represents 15% of Singapore&#39;s population aged 20+</b></p><p>Since entering Singapore in February 2020,UP Fintechhas continued to consolidate its position in the local market. More than half of new funded accounts in the fourth quarter came from Singapore. According to App Annie, as of the end of 2021, as measured by the total number of accounts and downloads,UP Fintech’s flagship mobile trading App, Tiger Trade, led the online brokerage market in Singapore.The fourth quarter wasthe third consecutive quarter of over 100%year-over-yeargrowth in funded accounts in Singapore,and the numberof registered accounts now represents 15% of Singapore&#39;s population aged 20or above. In addition, approximately 30% of the new funded accountsin Singaporein the fourth quarter came from users over the age of 40, which demonstrates the firm’s trading platform appeals to a wide range of investors.</p><p>UP Fintech’s leading position in the Singapore market is due to its relentless focus on localization. In the fourth quarter, to better meet the needs of local clients, the company added a new module to allow easy display of Singapore companies listed in The U.S. market. The company also added new features such as industry classifications and sponsor data to assist customers learn more about local investment opportunities.</p><p>In the fourth quarter, the company offered customers in Singapore the opportunity to subscribe shares from two local issuers. The company also enabled institutional clients in Singapore the ability to participate in the global offerings of new issuers in Hong Kong, further increasing the ability of local investors to participate in China’s capital markets.</p><p>The AUM ofUP Fintech’swealth management business in Singapore increased by 186.5% while the number of customers increased by 223.9% quarter-over-quarter respectively. To increase the value proposition of Cash Plus in international markets, the company introduced lower thresholds for customers to invest their capital in Cash Plus. Local customers may now invest in Cash Plus with just 1 USD, 1 SGD, or 5 HKD and may transfer their funds in and out at any time. During the year, the company joined the Securities Association of Singapore and was honored that its subsidiary, Tiger Brokers (Singapore) Pte. Ltd., was officially admitted as a trading member of Singapore Exchange Securities Trading Limited and Singapore Exchange Derivatives Trading Limited, and clearing member and depository agent of The Central Depository (Pte) Limited. The company is the first fintech enabled brokerage in the world to obtain such qualifications in Singapore. In November 2021, UP Fintech’s Singapore subsidiary was Named as &#34;Asia&#39;s Most Innovative Company&#34; by Fortune Times, a Singapore based business magazine, demonstrating the company’s innovative platform is gaining increasing recognition from local media.</p><p><b>The Cumulative Number of ESOP Clients at the End of 2021 was 2.5X Higher than the Year Before and Annual Enterprise Services Revenue Increased by 67%</b></p><p>Corporate services such as investment banking and ESOP have become a new driver of the company’s long-term growth. According to the company’s Q4 financial results, other revenues, which includes revenue from investment banking and ESOP, reached US$9.8 million in Q4, and annual revenue from this segment reached US$37.7 million, an increase of 67% from the prior year.</p><p>As of December 31st, 2021, 90% of new issuers with market capitalization in excess of HK$100 billion in Hong Kong and 100% of new U.S. ADR issuers with market capitalization over US$1 billion cooperated with UP Fintech’s investment bank or chose to use the company’s ESOP service.</p><p></p><p>During the fourth quarter, the company leveraged the strength of its innovative platform and comprehensive range of services to participate in the underwriting and distribution of 22 listings in The U.S. and Hong Kong. In Hong Kong, the company acted as an underwriter in the global offerings of NetEase Cloud Music, Sense Time, and Airdoc. For the listing of NetEase Cloud Music, the company was the sole online broker to participate in the global offering. In The U.S., the company leveraged its rich investment banking experience, licenses, and technical capabilities to serve as an underwriter for 15 U.S. IPOs. The 2021 IPO of Kuke Music was another notable milestone for the company; the company was the first online broker to serve as the lead underwriter in a U.S. IPO.</p><p>In the fourth quarter, the company’s investment bank continued to provide a rich range of services to next generation technology companies at multiple stages of their growth, from pre-IPO financial advisory to post listing capital markets services. In 2021, the company provided financial advisory services to over 30 companies. Finally, the company also assisted Canadian Solar conduct an ATM (At The Market) offering to raise additional capital to support the expansion of its green energy business.</p><p>With regards to the company’s ESOP business,UP Fintechadded 51 new clients during the quarter. Despite launching the business just over three years ago, the total number of clients served by the company’s ESOP system reached 313, an increase of 152.4% year-over-year. The company’s ESOP system has extensive capabilities that allow it serve clients listed in Hong Kong, The U.S., and China; the company’s ESOP system also serves a diverse range of pre-IPO clients.</p><p>As a global ESOP provider, the company offers comprehensive services for corporate ESOP management across multiple capital markets. In the fourth quarter, Tiger ESOP provided the pharmaceutical R&amp;D company, Pharmaron, with equity incentive management solutions for both A+H share capital markets. At the same time,UP Fintechalso provided ESOP-related tax, foreign exchange, and other specialized services for Pharmaron’&#39;s multinational employee base that includes British, American, and Chinese nationals. UP Fintech’s capability to provide ESOP and other ancillary services across multiple capital markets and nationalities is a testament to the sophistication of its ESOP system and ability to meet clients’ complex needs.</p><p>On the company’s vibrant social media community, The Tiger Community, 35 new corporations opened enterprise accounts in the fourth quarter, including seven internationally renowned fund companies, such as Fidelity International and Lion Global Investors. As more and more corporations open enterprise accounts in the Tiger Community, the company’s 9+ million user base is able to increase its interaction and understanding of the vast range of issuers and fund companies present in the community.</p><p>UP Fintech’s online community continues to build its position as a preferred investor relations &amp; PR platform for next generation technology companies. The company recently assisted Xiaomi hold an online product launch, helped organize an online conference for Kuaishou, and held a listing anniversary for Dada Nexus. Corporates are drawn to enterprise accounts as they may employ innovative marketing materials, such as interactive graphics and livestreams, to directly connect with investors and customers.Many enterprise accounts have already received over one million views and the company looks forward to inviting more investors and corporates to participate in its online community.</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":"1130532398","content_text":"UP Fintech Holding Limited (the “Company”, a NASDAQ-listed company under the ticker “TIGR”, and all of its subsidiaries and consolidated entities), a leading online brokerage firm focusing on global investors, today reported its unaudited financial results for the fourth quarter and full year ended December 31, 2021. Total revenue in the fourth quarter was US$62.2 million, and total revenue for the year 2021 reached US$264.5 million, a year-over-year increase of 91%. Non-GAAP net income was US$24.5 million.At the end of 2021, customer accounts totaled 1.8 million, and the number of customers with deposits increased to 673,400. Furthermore, the company added 414,700 new funded accounts in 2021, more than all of its past annual funded account growth combined. In total, the company achieved 119% of its annual funded account growth target in 2021. During the fourth quarter, the company’s trading volume increased to US$85.9 billion, with total client assets reaching US$17.1 billion. The company’s annual trading volume totaled US$404.3 billion, 1.8 times that of the previous year.Mr. Wu Tianhua, CEO and founder of UP Fintech commented, “In 2021, despite fluctuations in global financial markets and significant uncertainties, our focus on our internationalization strategy drove steady growth. In thefourth quarter, over 90% of new funded accounts came from international markets, with a large portion of the new funded accounts coming from Singapore. UP Fintech maintains leading market share in Singapore and the company's Singapore headquarters contributed to making the market as one of key growth drivers, both in the number of total accounts and newly acquired accounts. The fourth quarter was the third consecutive quarter of more than 100% year-over-year growth in funded accounts in Singapore. The total number of registered accounts in Singapore now represents 15% of Singapore's population aged 20 and above. In the year since we began to ramp up our self-clearing capabilities, we have made substantial progress and now self-clear over 80% of customers’ U.S. cash equities trades. Our firm’s capability to deploy proprietary technologies on our fintech platform demonstrates the contributions that Chinese innovation is making to the global brokerage industry. Our B2B businesses reached new milestones this year: as of December 31st, 2021, 90% of new issuers with market capitalization in excess ofHK$100 billion in Hong Kong and 100% of new U.S. ADR issuers with market capitalization over US$1 billion cooperated with UP Fintech’s investment bank or chose to use the company’s ESOP service. Overall, our company’s comprehensive enterprise services are gaining increasing recognition within the industry. In coming years, the company looks forward to entering new international markets and enabling a greater range of investors to allocate their assets globally on our innovative fintech platform.”Over 90% of Newly Funded Accounts Came from Outside China as the Company Executes on its Global Expansion StrategyDriven by strong growth in international markets,UP Fintechfurther expanded its client base. The company added 61,400 new funded accounts during the fourth quarter of which over 90% came from outside China. Furthermore, in 2021, the company added a total of 414,700 new funded accounts, achieving 119% of its annual target. In the fourth quarter, the company's trading volume was US$85.9 billion, client assets reached US$17.1 billion, commission income was up to US$29.9 million, and interest-related income increased to US$22.5 million.At a time of global macroeconomic uncertainty, UP Fintechcontinues focus on its long-term expansion plans with a focus on improving the customer experience. To increase customer choice on its platform, the company recently added new functions such as bracket orders and a new display for analyzing diluted cost positions. The company also recently added an option screener and option list to better meet the needs of investors who trade options. In Australia,UP Fintechbegan to meet the needs of local investors by adding multi-dimensional analysis tools and real-time level 2 market data. Investors on the firm’s platform may view a rich range of financial metrics such as capital flow analysis and lists of corporate actions.In addition,the company's wealth management business continued to attract more clients as the number of available investment products continued to rise. At the end of the fourth quarter, the company’s Fund Mall enabled another 661 funds for investors to choose from. As the selection of funds has increased, the number of customers investing in the Fund Mall increased by 377.5% year-over-year, and the AUM of the Fund Mall increased by 290.1% year-over-year. ForCash Plus, the company’s idle cash management product,the number of customers and their cumulative transfer value during the fourth quarter was nearly double that of the same period last year. The company also added HKD and SGD currencies to the Fund Mall to further meet customers global asset allocation needs.The company offered 26 IPO subscriptions in Hong Kong and The U.S. during the fourth quarter, including several high-profile listings such as those of NetEase Cloud Music and Sense Time. For the full year 2021, the company in total offered 123 IPO subscriptions.The company is becoming one of the top platforms for retail investors to participate in new listings in Hong Kong; retail orders for larger listings such as those of Kuaishou and JD Logistics exceeded HK$10 billion. The company also assisted issuers in connecting with its investor base and highlighting their business performance by helping them hold online roadshows and broadcasting their earnings conference calls. During the year, the company held more than 60% of courses about high-quality Asian assets to investors.The company continued to invest in key brokerage technologies to enhance its capability to manage securities trading from the front end to execution and clearing. Self-clearing has long been the purview of traditional banks, but the company continues to ramp up its capability to conduct self-clearing and by the end of the fourth quarter, over 80% of clients were having their U.S. cash equities trades self-cleared. As a result of the company’s investment in clearing technology, clearing costsdeclined quarter over quarter by 27.8%.As part of its international expansion, the company continued to obtain new licenses and qualifications in multiple international jurisdictions. The firm now holds 50 licenses and qualifications across 37 categories in Hong Kong, Singapore, The U.S., New Zealand, and Australia. The company looks forward to using these licenses to further support its international expansion.UP Fintechis also receiving growing recognition in international capital markets and in 2021 was selected for inclusion in the MSCI China All Shares Index and the MSCI China Small Cap Index.The fourth quarter was the third consecutive quarter of more than 100% YoY growth in funded accounts in Singapore. The total number of registered accounts in Singapore now represents 15% of Singapore's population aged 20+Since entering Singapore in February 2020,UP Fintechhas continued to consolidate its position in the local market. More than half of new funded accounts in the fourth quarter came from Singapore. According to App Annie, as of the end of 2021, as measured by the total number of accounts and downloads,UP Fintech’s flagship mobile trading App, Tiger Trade, led the online brokerage market in Singapore.The fourth quarter wasthe third consecutive quarter of over 100%year-over-yeargrowth in funded accounts in Singapore,and the numberof registered accounts now represents 15% of Singapore's population aged 20or above. In addition, approximately 30% of the new funded accountsin Singaporein the fourth quarter came from users over the age of 40, which demonstrates the firm’s trading platform appeals to a wide range of investors.UP Fintech’s leading position in the Singapore market is due to its relentless focus on localization. In the fourth quarter, to better meet the needs of local clients, the company added a new module to allow easy display of Singapore companies listed in The U.S. market. The company also added new features such as industry classifications and sponsor data to assist customers learn more about local investment opportunities.In the fourth quarter, the company offered customers in Singapore the opportunity to subscribe shares from two local issuers. The company also enabled institutional clients in Singapore the ability to participate in the global offerings of new issuers in Hong Kong, further increasing the ability of local investors to participate in China’s capital markets.The AUM ofUP Fintech’swealth management business in Singapore increased by 186.5% while the number of customers increased by 223.9% quarter-over-quarter respectively. To increase the value proposition of Cash Plus in international markets, the company introduced lower thresholds for customers to invest their capital in Cash Plus. Local customers may now invest in Cash Plus with just 1 USD, 1 SGD, or 5 HKD and may transfer their funds in and out at any time. During the year, the company joined the Securities Association of Singapore and was honored that its subsidiary, Tiger Brokers (Singapore) Pte. Ltd., was officially admitted as a trading member of Singapore Exchange Securities Trading Limited and Singapore Exchange Derivatives Trading Limited, and clearing member and depository agent of The Central Depository (Pte) Limited. The company is the first fintech enabled brokerage in the world to obtain such qualifications in Singapore. In November 2021, UP Fintech’s Singapore subsidiary was Named as \"Asia's Most Innovative Company\" by Fortune Times, a Singapore based business magazine, demonstrating the company’s innovative platform is gaining increasing recognition from local media.The Cumulative Number of ESOP Clients at the End of 2021 was 2.5X Higher than the Year Before and Annual Enterprise Services Revenue Increased by 67%Corporate services such as investment banking and ESOP have become a new driver of the company’s long-term growth. According to the company’s Q4 financial results, other revenues, which includes revenue from investment banking and ESOP, reached US$9.8 million in Q4, and annual revenue from this segment reached US$37.7 million, an increase of 67% from the prior year.As of December 31st, 2021, 90% of new issuers with market capitalization in excess of HK$100 billion in Hong Kong and 100% of new U.S. ADR issuers with market capitalization over US$1 billion cooperated with UP Fintech’s investment bank or chose to use the company’s ESOP service.During the fourth quarter, the company leveraged the strength of its innovative platform and comprehensive range of services to participate in the underwriting and distribution of 22 listings in The U.S. and Hong Kong. In Hong Kong, the company acted as an underwriter in the global offerings of NetEase Cloud Music, Sense Time, and Airdoc. For the listing of NetEase Cloud Music, the company was the sole online broker to participate in the global offering. In The U.S., the company leveraged its rich investment banking experience, licenses, and technical capabilities to serve as an underwriter for 15 U.S. IPOs. The 2021 IPO of Kuke Music was another notable milestone for the company; the company was the first online broker to serve as the lead underwriter in a U.S. IPO.In the fourth quarter, the company’s investment bank continued to provide a rich range of services to next generation technology companies at multiple stages of their growth, from pre-IPO financial advisory to post listing capital markets services. In 2021, the company provided financial advisory services to over 30 companies. Finally, the company also assisted Canadian Solar conduct an ATM (At The Market) offering to raise additional capital to support the expansion of its green energy business.With regards to the company’s ESOP business,UP Fintechadded 51 new clients during the quarter. Despite launching the business just over three years ago, the total number of clients served by the company’s ESOP system reached 313, an increase of 152.4% year-over-year. The company’s ESOP system has extensive capabilities that allow it serve clients listed in Hong Kong, The U.S., and China; the company’s ESOP system also serves a diverse range of pre-IPO clients.As a global ESOP provider, the company offers comprehensive services for corporate ESOP management across multiple capital markets. In the fourth quarter, Tiger ESOP provided the pharmaceutical R&D company, Pharmaron, with equity incentive management solutions for both A+H share capital markets. At the same time,UP Fintechalso provided ESOP-related tax, foreign exchange, and other specialized services for Pharmaron’'s multinational employee base that includes British, American, and Chinese nationals. UP Fintech’s capability to provide ESOP and other ancillary services across multiple capital markets and nationalities is a testament to the sophistication of its ESOP system and ability to meet clients’ complex needs.On the company’s vibrant social media community, The Tiger Community, 35 new corporations opened enterprise accounts in the fourth quarter, including seven internationally renowned fund companies, such as Fidelity International and Lion Global Investors. As more and more corporations open enterprise accounts in the Tiger Community, the company’s 9+ million user base is able to increase its interaction and understanding of the vast range of issuers and fund companies present in the community.UP Fintech’s online community continues to build its position as a preferred investor relations & PR platform for next generation technology companies. The company recently assisted Xiaomi hold an online product launch, helped organize an online conference for Kuaishou, and held a listing anniversary for Dada Nexus. Corporates are drawn to enterprise accounts as they may employ innovative marketing materials, such as interactive graphics and livestreams, to directly connect with investors and customers.Many enterprise accounts have already received over one million views and the company looks forward to inviting more investors and corporates to participate in its online community.","news_type":1},"isVote":1,"tweetType":1,"viewCount":41,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9085663715,"gmtCreate":1650689227158,"gmtModify":1676534778083,"author":{"id":"4110450083626182","authorId":"4110450083626182","name":"davos","avatar":"https://community-static.tradeup.com/news/e2202f8c5fca6b7cc51a16547f33a3e5","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4110450083626182","idStr":"4110450083626182"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/GRAB\">$Grab Holdings(GRAB)$</a>dead","listText":"<a href=\"https://ttm.financial/S/GRAB\">$Grab Holdings(GRAB)$</a>dead","text":"$Grab Holdings(GRAB)$dead","images":[{"img":"https://community-static.tradeup.com/news/032a2214ae8de9b54695424fd33de58b","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9085663715","isVote":1,"tweetType":1,"viewCount":140,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9017479667,"gmtCreate":1649808652763,"gmtModify":1676534579644,"author":{"id":"4110450083626182","authorId":"4110450083626182","name":"davos","avatar":"https://community-static.tradeup.com/news/e2202f8c5fca6b7cc51a16547f33a3e5","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4110450083626182","idStr":"4110450083626182"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/AAPL\">$Apple(AAPL)$</a>🍎","listText":"<a href=\"https://ttm.financial/S/AAPL\">$Apple(AAPL)$</a>🍎","text":"$Apple(AAPL)$🍎","images":[{"img":"https://community-static.tradeup.com/news/fe9c532d79887791f204431e014ab371","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9017479667","isVote":1,"tweetType":1,"viewCount":47,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9018584597,"gmtCreate":1649063848702,"gmtModify":1676534443701,"author":{"id":"4110450083626182","authorId":"4110450083626182","name":"davos","avatar":"https://community-static.tradeup.com/news/e2202f8c5fca6b7cc51a16547f33a3e5","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4110450083626182","idStr":"4110450083626182"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/JYEU.SI\">$Lendlease Global Commercial REIT(JYEU.SI)$</a>⏳","listText":"<a href=\"https://ttm.financial/S/JYEU.SI\">$Lendlease Global Commercial REIT(JYEU.SI)$</a>⏳","text":"$Lendlease Global Commercial REIT(JYEU.SI)$⏳","images":[{"img":"https://community-static.tradeup.com/news/cb0914b2b7c12a083239f7365b6f83c5","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9018584597","isVote":1,"tweetType":1,"viewCount":45,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9018131999,"gmtCreate":1648992913610,"gmtModify":1676534432910,"author":{"id":"4110450083626182","authorId":"4110450083626182","name":"davos","avatar":"https://community-static.tradeup.com/news/e2202f8c5fca6b7cc51a16547f33a3e5","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4110450083626182","idStr":"4110450083626182"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/TIGR\">$Tiger Brokers(TIGR)$</a>⏳","listText":"<a href=\"https://ttm.financial/S/TIGR\">$Tiger Brokers(TIGR)$</a>⏳","text":"$Tiger Brokers(TIGR)$⏳","images":[{"img":"https://community-static.tradeup.com/news/08a517b870b27335e17fbb4e5e81d494","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9018131999","isVote":1,"tweetType":1,"viewCount":72,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9010455444,"gmtCreate":1648457773777,"gmtModify":1676534340093,"author":{"id":"4110450083626182","authorId":"4110450083626182","name":"davos","avatar":"https://community-static.tradeup.com/news/e2202f8c5fca6b7cc51a16547f33a3e5","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4110450083626182","idStr":"4110450083626182"},"themes":[],"htmlText":"🤔","listText":"🤔","text":"🤔","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9010455444","repostId":"1173221643","repostType":4,"repost":{"id":"1173221643","kind":"news","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":1648454422,"share":"https://ttm.financial/m/news/1173221643?lang=&edition=fundamental","pubTime":"2022-03-28 16:00","market":"us","language":"en","title":"Apple Shares Dropped More Than 1% in Premarket Trading","url":"https://stock-news.laohu8.com/highlight/detail?id=1173221643","media":"Tiger Newspress","summary":"Apple shares dropped more than 1% in premarket trading after it is reported to cut iPhone, AirPods o","content":"<html><head></head><body><p>Apple shares dropped more than 1% in premarket trading after it is reported to cut iPhone, AirPods output amid Ukraine war uncertainty.</p><p><img src=\"https://static.tigerbbs.com/8c046e2ecfe03a4b27a3b8705588d2e2\" tg-width=\"843\" tg-height=\"620\" width=\"100%\" height=\"auto\"/></p><p>Apple plans to make about 20% fewer iPhone SEs next quarter than originally planned, in one of the first signs that the Ukraine war and looming inflation have started to dent consumer electronics demand, sources briefed on the matter told Nikkei Asia.</p><p>Apple launched the iPhone SE as its first 5G-capable budget phone less than three weeks ago but is now telling multiple suppliers that it aims to lower production orders by about 2 million to 3 million units for the quarter, citing weaker-than-expected demand, four people told Nikkei Asia. The U.S. tech giant also reduced orders for its AirPods earphones by more than 10 million units for all of 2022, as the company predicted lukewarm demand and wanted to reduce the level of inventories.</p><p>The company shipped about 76.8 million units of AirPods in 2021, Counterpoint Research data showed, but people with knowledge of the situation said overall shipments for 2022 could likely see a decline.</p><p>Apple also asked suppliers to make a couple of million fewer units of the entire iPhone 13 range than previously planned, but said this adjustment was based on seasonal demand.</p><p>These moves by the world&#39;s most powerful chip and component procurer underline the mounting pressure on the tech industry following the onset of the Russia-Ukraine war, which has compounded the yearslong chip shortage that has hit a string of industries from smartphones to PCs to automobiles.</p><p>Numerous governments, from the U.S. and the EU to Japan, South Korea and Taiwan, have imposed economic sanctions against Russia over its invasion of Ukraine, and the supply chain has been rocked by turmoil in the oil, energy and raw materials markets. The looming inflation risks further adding to people&#39;s living costs and creates concerns over demand for consumer electronics products.</p><p>Apple halted its production sales in Russia soon after the unexpected outbreak of the Ukraine war. The Cupertino, California-based tech giant is the No. 3 smartphone maker in Russia, where sales of around 5 million iPhones gave it a 16% market share last year, data from IDC showed. It is the No. 5 PC maker in the Russian market.</p><p>It is not surprising that the company has turned conservative for the June quarter, an executive at an Apple supplier told Nikkei Asia. &#34;The war has affected spending at the European markets. ... It is understandable [consumers will] save the money for food and for heating.&#34;</p><p>The move by Apple, the leader in the consumer electronics industry, to lower its production volume for the newly introduced iPhone could spark chain effects on other consumer electronics makers to trim production orders and digest their inventories amid the uncertain market.</p><p>Multiple global institutions have lowered their forecasts of worldwide economic growth for this year. The International Monetary Fund is to trim its global economic growth forecast for 2022 in April due to the Ukraine turmoil and declining risks in a number of countries. The IMF last estimated 4.4% global economic growth this year. China, the world&#39;s second-largest economy, also set a growth target of 5.5% this year, the mildest over the past 30 years.</p><p>Brady Wang, a tech analyst with Counterpoint Research, said the overall smartphone market has seen unreasonably high levels of inventory and will eventually undergo a correction.</p><p>&#34;We see the end demand for smartphones in China is quite weak. ... In addition, the Russia-Ukraine war will likely have spillover effects to the whole European market and on consumer demand,&#34; Wang told Nikkei Asia. Counterpoint has revised down its view for the smartphone market for 2022 to some 5% of growth, saying the ongoing Ukraine war could bring uncertainties.</p><p>Apple declined to comment for this story.</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>Apple Shares Dropped More Than 1% in Premarket 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\">\nApple Shares Dropped More Than 1% in Premarket 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\">2022-03-28 16:00</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Apple shares dropped more than 1% in premarket trading after it is reported to cut iPhone, AirPods output amid Ukraine war uncertainty.</p><p><img src=\"https://static.tigerbbs.com/8c046e2ecfe03a4b27a3b8705588d2e2\" tg-width=\"843\" tg-height=\"620\" width=\"100%\" height=\"auto\"/></p><p>Apple plans to make about 20% fewer iPhone SEs next quarter than originally planned, in one of the first signs that the Ukraine war and looming inflation have started to dent consumer electronics demand, sources briefed on the matter told Nikkei Asia.</p><p>Apple launched the iPhone SE as its first 5G-capable budget phone less than three weeks ago but is now telling multiple suppliers that it aims to lower production orders by about 2 million to 3 million units for the quarter, citing weaker-than-expected demand, four people told Nikkei Asia. The U.S. tech giant also reduced orders for its AirPods earphones by more than 10 million units for all of 2022, as the company predicted lukewarm demand and wanted to reduce the level of inventories.</p><p>The company shipped about 76.8 million units of AirPods in 2021, Counterpoint Research data showed, but people with knowledge of the situation said overall shipments for 2022 could likely see a decline.</p><p>Apple also asked suppliers to make a couple of million fewer units of the entire iPhone 13 range than previously planned, but said this adjustment was based on seasonal demand.</p><p>These moves by the world&#39;s most powerful chip and component procurer underline the mounting pressure on the tech industry following the onset of the Russia-Ukraine war, which has compounded the yearslong chip shortage that has hit a string of industries from smartphones to PCs to automobiles.</p><p>Numerous governments, from the U.S. and the EU to Japan, South Korea and Taiwan, have imposed economic sanctions against Russia over its invasion of Ukraine, and the supply chain has been rocked by turmoil in the oil, energy and raw materials markets. The looming inflation risks further adding to people&#39;s living costs and creates concerns over demand for consumer electronics products.</p><p>Apple halted its production sales in Russia soon after the unexpected outbreak of the Ukraine war. The Cupertino, California-based tech giant is the No. 3 smartphone maker in Russia, where sales of around 5 million iPhones gave it a 16% market share last year, data from IDC showed. It is the No. 5 PC maker in the Russian market.</p><p>It is not surprising that the company has turned conservative for the June quarter, an executive at an Apple supplier told Nikkei Asia. &#34;The war has affected spending at the European markets. ... It is understandable [consumers will] save the money for food and for heating.&#34;</p><p>The move by Apple, the leader in the consumer electronics industry, to lower its production volume for the newly introduced iPhone could spark chain effects on other consumer electronics makers to trim production orders and digest their inventories amid the uncertain market.</p><p>Multiple global institutions have lowered their forecasts of worldwide economic growth for this year. The International Monetary Fund is to trim its global economic growth forecast for 2022 in April due to the Ukraine turmoil and declining risks in a number of countries. The IMF last estimated 4.4% global economic growth this year. China, the world&#39;s second-largest economy, also set a growth target of 5.5% this year, the mildest over the past 30 years.</p><p>Brady Wang, a tech analyst with Counterpoint Research, said the overall smartphone market has seen unreasonably high levels of inventory and will eventually undergo a correction.</p><p>&#34;We see the end demand for smartphones in China is quite weak. ... In addition, the Russia-Ukraine war will likely have spillover effects to the whole European market and on consumer demand,&#34; Wang told Nikkei Asia. Counterpoint has revised down its view for the smartphone market for 2022 to some 5% of growth, saying the ongoing Ukraine war could bring uncertainties.</p><p>Apple declined to comment for this story.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1173221643","content_text":"Apple shares dropped more than 1% in premarket trading after it is reported to cut iPhone, AirPods output amid Ukraine war uncertainty.Apple plans to make about 20% fewer iPhone SEs next quarter than originally planned, in one of the first signs that the Ukraine war and looming inflation have started to dent consumer electronics demand, sources briefed on the matter told Nikkei Asia.Apple launched the iPhone SE as its first 5G-capable budget phone less than three weeks ago but is now telling multiple suppliers that it aims to lower production orders by about 2 million to 3 million units for the quarter, citing weaker-than-expected demand, four people told Nikkei Asia. The U.S. tech giant also reduced orders for its AirPods earphones by more than 10 million units for all of 2022, as the company predicted lukewarm demand and wanted to reduce the level of inventories.The company shipped about 76.8 million units of AirPods in 2021, Counterpoint Research data showed, but people with knowledge of the situation said overall shipments for 2022 could likely see a decline.Apple also asked suppliers to make a couple of million fewer units of the entire iPhone 13 range than previously planned, but said this adjustment was based on seasonal demand.These moves by the world's most powerful chip and component procurer underline the mounting pressure on the tech industry following the onset of the Russia-Ukraine war, which has compounded the yearslong chip shortage that has hit a string of industries from smartphones to PCs to automobiles.Numerous governments, from the U.S. and the EU to Japan, South Korea and Taiwan, have imposed economic sanctions against Russia over its invasion of Ukraine, and the supply chain has been rocked by turmoil in the oil, energy and raw materials markets. The looming inflation risks further adding to people's living costs and creates concerns over demand for consumer electronics products.Apple halted its production sales in Russia soon after the unexpected outbreak of the Ukraine war. The Cupertino, California-based tech giant is the No. 3 smartphone maker in Russia, where sales of around 5 million iPhones gave it a 16% market share last year, data from IDC showed. It is the No. 5 PC maker in the Russian market.It is not surprising that the company has turned conservative for the June quarter, an executive at an Apple supplier told Nikkei Asia. \"The war has affected spending at the European markets. ... It is understandable [consumers will] save the money for food and for heating.\"The move by Apple, the leader in the consumer electronics industry, to lower its production volume for the newly introduced iPhone could spark chain effects on other consumer electronics makers to trim production orders and digest their inventories amid the uncertain market.Multiple global institutions have lowered their forecasts of worldwide economic growth for this year. The International Monetary Fund is to trim its global economic growth forecast for 2022 in April due to the Ukraine turmoil and declining risks in a number of countries. The IMF last estimated 4.4% global economic growth this year. China, the world's second-largest economy, also set a growth target of 5.5% this year, the mildest over the past 30 years.Brady Wang, a tech analyst with Counterpoint Research, said the overall smartphone market has seen unreasonably high levels of inventory and will eventually undergo a correction.\"We see the end demand for smartphones in China is quite weak. ... In addition, the Russia-Ukraine war will likely have spillover effects to the whole European market and on consumer demand,\" Wang told Nikkei Asia. Counterpoint has revised down its view for the smartphone market for 2022 to some 5% of growth, saying the ongoing Ukraine war could bring uncertainties.Apple declined to comment for this story.","news_type":1},"isVote":1,"tweetType":1,"viewCount":24,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}