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UP Fintech Holding Limited (TIGR)
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UP Fintech Holding Limited to be Added to the MSCI China All Shares Index
Wed, May 12, 2021, 11:05 PM·3 min read
NEW YORK, May 12, 2021 /PRNewswire/ -- UP Fintech Holding Limited ("UP Fintech" or the "Company") (NASDAQ: TIGR), a leading online brokerage firm focusing on global investors, today announced that the Company's stock will be added to the MSCI China All Shares Index, effective as of market close on May 27, 2021.
Mr. Wu Tianhua, CEO of UP Fintech commented, "To be added to the MSCI China All Shares Index is a recognition of the company's growth achievement. Our mission is to use technology to make investing more efficiently and give our clients the ability to allocate their assets across multiple markets. As we expand our international footprint, we look forward to serving more global clients with our intuitive, one-stop trading platform."
According to MSCI, "The MSCI China All Shares Index captures large and mid-cap representation across China A–shares, B–shares, H–shares, Red–chips, P–chips and foreign listings (e.g. ADRs). The index aims to reflect the opportunity set of China share classes listed in Hong Kong, Shanghai, Shenzhen and outside of China."
- ADVERTISEMENT -
Founded in 2014, the Company enables its clients to trade equities in The U.S., U.K., Hong Kong, Singapore, and Australia as well as futures, options, and funds. The Company opened its one millionth account in October 2020 and continues to attract new clients across multiple international markets.
Earnings on May 27th? Looking forward to it !
On the Plus side:
TIGR chart looks much stronger than FUTU now !
Hopefully now, the valuation thing will come into play, and TIGR will perform better.
In the five days leading up to FUTU earnings release TIGR has risen between 26% and 45% in these five days prior. FUTU will most likely have 45 % Q over Q. TIGR will follow suit. FUTU will go back to a cap between 20B and 23B. TIGR which has been stuck at a 12% of the cap of FUTU - this will start to narrow over the next 3 months up to 20-22% of FUTU market cap. The key here is the EPS of TIGR. If it can establish real profit this Q ( ie .10 cents or more ) it will go on a run.
The 5 days start tomorrow. Old workhorse firm Interactive brokers who does quite a bit of TIGR clearing shot up 45 % - do we think the same happened in Asia - I say so.
We are due for a run this month as long as the market holds up back to the 23’s. And before next earnings expect a climb to $32 ( late august ).
This year is the big growth year - Analysts following only expect a double ( call it 20% Q over Q). I believe they will blow up to an avg of 30% Q over Q this year and they will achieve the 80,000 new paying clients per Q. If they somehow can show this 185 % year over year growth trend watch out. I think they will blow expectations out of the house after with a 45 % sales growth this quarter. Same as interactive.
Let’s get ready to rumble. In long with few hundred thousand shares.
Inclusion in MSCI will be effective as of 27th this month.
What does inflation have to do with TIGR
Any chance it will go above 18 in the next couple of days or am I being too optimistic? 😅
Institutions that have opened a new position in TIGR in April 2021
Goldman Sachs Innovate ETF 14,899 shares
WT Asset Management Ltd 681,600 shares
Belvedere Trading LLC 13,410 shares
Harel Insurance Investments & Financial Services Ltd. 10,000 shares
Global Retirement Partners, LLC 6,794 shares
FNY Investment Advisers, LLC 500 shares
UGPIX - UltraChina ProFund Investor Class 1670 shares
Institutions that have added to a position in TIGR in April
Cutler Group LP 56,070 shares(total holdings)
Simplex Trading, Llc 165,765 shares(total holdings)
Institutions that have closed a position in TIGR in April
NEXT Financial Group, Inc -100 shares
Institutions that have opened a new position in TIGR in May 2021
Focused Wealth Management, Inc 3,000 shares
Currently : 61 Institutional Owners
Overall sentiment: Bullish
The Big Boys create their own buying opportunities. At a discount!
Just hold it strong and you will be highly rewarded in a few weeks. Market makers are again trying hard to shake weak hands away from the stock... they must be working for some institution for sure.
Just loaded shares again , let’s go Tiger fam
Anyone that has followed this stock for a few months knows how wildly this stock behaves. I've seen this stock move down 15-20+% in a day then the very next day rocket back up 15-20+% on the positive. Don't be tricked out of your shares by concealed and calculated manipulation and stop loss hunting. Although this stock has been traded for a while it is fairly new and has a lot more attention. It has increased volume on a regular. They make lots of money with low overhead. I have a small position in this TIGR and I am not concerned. This is my opinion only. Do your own DD
ALl the bears have gone silent
lol It is a sin not to buy at this price.
What is up with the China stocks?
Everyone is getting crushed. These things are every undervalued across the board.
in @ 17.10 just 500 shares this has sold off so much with other Chinese companies let's see what next week holds
Somebody got scared out today I guess, because I got scared as f that I sold my tigr at 17.7 when it broke the uptrend support. However, I got it back @ 17.2. Maybe I'm wrong, I will just stop my loss if it breaks the 16.2 major support. Otherwise....... Guys, TIGR to 22-24. Even more, to the MARS!
buying more if it dips lol
Bulls are in total control here IMO....
30 soon then 40 then 50
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