10.45 0.00 (0.00%)
Pre-Market: 5:35AM EDT
|Bid||10.45 x 900|
|Ask||0.00 x 1300|
|Day's Range||10.12 - 11.27|
|52 Week Range||8.07 - 40.00|
|Beta (3Y Monthly)||N/A|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
UP Fintech Holding Limited (TIGR), a leading online brokerage firm focusing on global Chinese investors, and known in Asia as “Tiger Brokers”, rang the Nasdaq MarketSite bell in Times Square today in celebration of its initial public offering (IPO) on The Nasdaq Stock Market. UP Fintech Holding Limited is the largest online broker focusing on global Chinese investors in terms of U.S. securities trading volume, with a market share of approximately 58.4% in 2017, according to the report published by industry research firm Shanghai iResearch Co. Ltd. Their proprietary trading platform enables investors to trade in equities and other financial instruments on multiple exchanges around the world. As of the end of 2018, the company counted 1.58 million registered users and the platform’s total trading volume reached US$119.2 billion for the year.
U.S. investors will gain greater exposure to the Chinese fintech space this week through a $104.7 million offering by UP Fintech Holding Ltd (TIGR). Here are the details . The Offering UP Fintech Holding ...
BEIJING, March 20, 2019 -- UP Fintech Holding Limited (the “Company”) (NASDAQ: TIGR), a leading online brokerage firm focusing on global Chinese investors, and known in Asia as.
UP Fintech Holding disclosed Monday the terms set for its initial public offering, in which the China-based online brokerage focused on Chinese investors could raise up to $91 million and be valued up to about $1.4 billion. The company said it was offering 13 million American Depositary Shares (ADS) to the public, representing 195 million Class A ordinary shares. The ADS are expected to price between $5 and $7 a share. The company expects the shares to be listed on the Nasdaq under the ticker symbol "TIGR." The company reported a net loss of $44.3 million in 2018, after a loss of $10.8 million a year ago, as revenue rose to $33.6 million from $5.5 million. The company is looking to go public at a time that the Rennaissance IPO ETF has rallied 31% year to date and the S&P 500 has gained 13%.
For a more comprehensive IPO calendar, check out the offering in Benzinga Cloud . IPO dates below are expected but not confirmed. Up Fintech Holding Ltd (TIGR) will issue 13 million shares between $5 and ...