UP Fintech Holding Limited (TIGR)
Pre-market:
| Previous close | 4.1300 |
| Open | 4.0200 |
| Bid | 0.0000 x 2900 |
| Ask | 0.0000 x 1100 |
| Day's range | 3.9700 - 4.1300 |
| 52-week range | 2.6800 - 7.0700 |
| Volume | |
| Avg. volume | 1,631,703 |
| Market cap | 622.027M |
| Beta (5Y monthly) | 1.07 |
| PE ratio (TTM) | 35.44 |
| EPS (TTM) | 0.1140 |
| Earnings date | 16 Mar 2023 - 20 Mar 2023 |
| Forward dividend & yield | N/A (N/A) |
| Ex-dividend date | N/A |
| 1y target est | 5.65 |
- Motley Fool
Why Futu and Up Fintech Led the Nasdaq Lower Friday
Wall Street didn't enjoy 2022 very much, and it was a particularly bad year for the Nasdaq Composite (NASDAQINDEX: ^IXIC). The index was down another 1% on Friday morning, bringing its losses for the year to 34% and marking a steep reversal from the massive gains the Nasdaq has enjoyed in each of the three previous years. There are plenty of culprits for the poor performance of the Nasdaq in the past year, but one fact about the index that differs from its fellow stock market benchmarks is that the Nasdaq Composite includes the performance of foreign companies that list their shares on the exchange.
- Motley Fool
Why Shares of Futu and UP Fintech Holding Are Getting Crushed Today
Shares of the online Chinese brokerages Futu Holdings (NASDAQ: FUTU) and UP Fintech Holding (NASDAQ: TIGR) are getting crushed today after the China Securities Regulatory Commission (CSRC) asked both companies to stop accepting new Chinese customers. As of 10:49 a.m. ET, shares of both Futu and UP Fintech had each fallen about 25%. In a statement today, the CSRC said both Futu and UP Fintech had operated trading businesses without the agency signing off.
- Reuters
China regulator asks Futu and UP Fintech to stop soliciting mainland clients
SHANGHAI/HONG KONG (Reuters) -China's securities regulator said on Friday that online brokerages Futu Holding and UP Fintech Holding have conducted unlawful securities businesses, and will be banned from opening new accounts from mainland Chinese investors, sending their shares tumbling. The long-awaited official penalty comes more than a year after Chinese official media warned that New York-listed Futu and UP Fintech, which do not have licences in China, face regulatory risks. Reuters reported earlier that Chinese officials were planning to ban online brokerages such as Futu Holdings Ltd and UP Fintech Holding Ltd from offering offshore trading services to mainland clients.
