Joseph23
2022-03-31

‌$Tiger Brokers(TIGR)$‌Nothing out of the ordinary. CSRC and SEC discussions are progressing well, and major Chinese tech companies have already been informed by CSRC to prepare for more audit disclosures. TIGR employs dual headquarter strategy: Beijing and Singapore. If need be, TIGR can switch to Singapore as their sole headquarter within short notice. Risk of delisting from NYSE: negligible.

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  • Sugary
    ·2022-03-31
    Nice info. do you know how's futu headquarters situation?
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    • SugaryReplying toJoseph23: 
      thank you for the reply! I am long tigr
      2022-03-31
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    • Joseph23: 

      Futu is headquartered in HK. Moomoo is run by its subsidiary, Futu Singapore, which is governed by MAS. As of now, I dont think Futu has announced any plans to relocate to SG, which means it will be slightly riskier to own Futu compared to TIGR. Although I believe CSRC will eventually reach some sort of agreement with SEC. My two cents.

      2022-03-31
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