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UP Fintech Holding Ltd - TIGR STOCK NEWS

Welcome to our dedicated news page for UP Fintech Holding (Ticker: TIGR), a resource for investors and traders seeking the latest updates and insights on UP Fintech Holding.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect UP Fintech Holding's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of UP Fintech Holding's position in the market.

News
UP Fintech Holding Limited’s Hong Kong Subsidiary Receives SFC Approval on Type 9 License to Provide Asset Management Services
Rhea-AI Summary
UP Fintech Holding (TIGR) announces Tiger Brokers (HK) Global has been granted a Type 9 license by Hong Kong's Securities and Futures Commission, allowing them to provide asset management services. TBHK will offer discretionary account services to retail and professional investors, along with asset management services for professional investors. The company's asset management team will focus on tactical asset allocation and long-term value investing, providing tailored investment strategies for clients and a user-friendly platform interface. TBHK has gained popularity in Hong Kong due to its competitive pricing, zero commission on equity trading, and innovative wealth management products.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.59%
Tags
none
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News
UP Fintech: Client Assets Hit Record High, Over 75% from Clients in Markets such as SG; 2023 Net Income Surged by 237%
Rhea-AI Summary
UP Fintech Holding (TIGR) reports strong financial performance with revenue of US$70 million in Q4 2023, marking a 20.9% YoY increase. Non-GAAP net income for the year totaled US$42.7 million, a 3.4x growth from 2022. The company added 47,797 new global account holders in Q4, reaching a total of 2.2 million. Total client assets grew to US$30.6 billion, with a 62.1% QoQ and 118.5% YoY increase. Singapore accounts for over 75% of total client assets. The company aims to solidify its market share in Singapore, Australia, New Zealand, and Hong Kong to become a world-leading fintech brokerage.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-9.17%
Tags
none
-
News
UP Fintech Holding Limited Reports Unaudited Fourth Quarter And Full Year 2023 Financial Results
Rhea-AI Summary
UP Fintech Holding (TIGR) announces impressive financial results for Q4 and full year 2023, showing significant revenue growth and improved bottom line. The company reported a 9.6% increase in total revenue for Q4 and a 20.9% increase for the full year. Net income reached US$32.6 million for the year, a stark improvement from a net loss of US$2.2 million in 2022. UP Fintech added over 39,000 new funded accounts in Q4 and achieved a record net asset inflow of US$8.2 billion. The company also expanded its product offerings and received approval for Virtual Asset dealing services in Hong Kong.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-9.17%
Tags
earnings
News
UP Fintech Holding Limited to Report Fourth Quarter and Full Year 2023 Financial Results on March 20, 2024
Rhea-AI Summary
UP Fintech Holding Limited announces the release of its financial results for Q4 and full year 2023 on March 20, 2024. The company will host an earnings conference call at 8:00 AM U.S. Eastern Time on the same day.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6.78%
Tags
conferences earnings
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News
UP Fintech Holding Limited Announces Uplift of Type 1 License by Hong Kong SFC to include Virtual Asset dealing service for Professional Investors
Rhea-AI Summary
UP Fintech Holding Limited (TIGR) announced the upgrade of its Type 1 license for virtual asset dealing services in Hong Kong, making it one of the first mainstream online brokerage firms to receive approval for such a license upgrade. The upgrade allows the company to provide cryptocurrency trading services to Professional Investor clients in Hong Kong through its flagship platform, Tiger Trade, with plans to expand to retail investors in the future. The upgrade enables seamless trading of traditional securities and cryptocurrencies on a unified platform, offering a centralized investment management experience. Tiger Brokers also emphasized its low costs and competitive pricing, as well as its wealth management product, Tiger Vault, and infrastructure improvements such as fully self-clearing for U.S. and Hong Kong cash equities.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.75%
Tags
none
-
News
UP Fintech's Q1-Q3 Net Income Hits $42M, Surpassing 2-Year Total
Rhea-AI Summary
UP Fintech Holding Limited (TIGR) Reports Robust Financial Results and Business Growth in Q3 2023
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-8.23%
Tags
none
News
UP Fintech Holding Limited Reports Unaudited Third Quarter 2023 Financial Results
Rhea-AI Summary
UP Fintech Holding Limited (TIGR) Announces Strong Third Quarter 2023 Financial Results with 26.6% Year-Over-Year Revenue Growth
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-8.23%
Tags
earnings
-
News
UP Fintech Holding Limited to Report Third Quarter 2023 Financial Results on November 27, 2023
Rhea-AI Summary
UP Fintech Holding Limited (NASDAQ: TIGR) will report its Q3 2023 financial results on November 27, 2023, before the U.S. market opens. The earnings conference call will be held at 8:00 AM ET on the same day. Participants must preregister online to receive the dial-in numbers and access the webcast.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.41%
Tags
conferences earnings
-
News
UP Fintech Holding Limited Reports Unaudited Second Quarter 2023 Financial Results
Rhea-AI Summary
UP Fintech reports Q2 2023 financial results with remarkable growth in profitability. GAAP net income increased by 65.6% QoQ to $13.2 million. Non-GAAP net income increased by 48.4% QoQ and 342% YoY to $15.3 million. Total account balance increased by 7.1% QoQ to reach $17.3 billion. However, mark-to-market loss of $492 million due to underperformance in ADRs and Hong Kong market partially offset net asset inflows of over $1.6 billion.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
28.53%
Tags
earnings
News
UP Fintech Holding Limited to Report Second Quarter 2023 Financial Results on August 29, 2023
Rhea-AI Summary
UP Fintech Holding Limited (NASDAQ: TIGR) to report Q2 2023 financial results on August 29, 2023. Earnings conference call at 8:00 AM ET. Participants must preregister online for dial-in numbers. Webcast available at https://ir.itigerup.com
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.86%
Tags
conferences earnings
Stock TIGR logo
UP Fintech Holding Ltd

Nasdaq:TIGR

TIGR Rankings

#3431 Ranked by Market Cap
#788 Ranked by Stock Gains
N/A Ranked by Dividends

TIGR Stock Data

515.54M
1.15B
31.52%
9.79%
1.75%
Investment Banking and Securities Dealing
Finance and Insurance
Link
China (Mainland)
Beijing

About TIGR

up fintech holding limited (“up fintech” or the “company”, or commonly known as “tiger fintech” in asia) (nasdaq: tigr), a leading online brokerage firm focusing on global chinese investors