Up Fintech Holding Stock News

HONG KONG, Dec 17 (Reuters) Chinese officials are planning to ban online brokerages such as Futu Holdings Ltd (FUTU.O) and UP Fintech Holding Ltd from offering offshore trading services to mainland clients, the latest development in a broad regulatory crackdown that has roiled a wide range of sectors over the past year. The Nasdaq-listed Chinese firms []

UP Fintech Holding Limited (NASDAQ:TIGR)s share price was down 2.4% during mid-day trading on Thursday . The stock traded as low as $5.16 and last traded at $5.18. Approximately 17,058 shares changed hands during trading, a decline of 100% from the average daily volume of 9,061,300 shares. The stock had previously closed at $5.31. Separately, []

China To Tighten Regulations On FinTech Brokers Futu Holdings Ltd and UP Fintech Holding Ltd plunged premarket Friday after a Reuters report said Chinese regulators are preparing to crack down on the digital brokerage companies. Reuters said the brokerages would likely be notified of a platform ban, blocking mainland China customers from investing in foreign markets in "the coming months." Regulators are worried about data security risks to mainland customers who have to enter their ID cards, bank cards, and tax records to use the platforms. They''re also concerned about capital outflows. The Nasdaq-listed Chinese brokerages were down considerably in the premarket hours. Futu is down more than 9% and Up Fintech -12%. In October, state-run media People''s Daily said these brokerages collect large amounts of personal data were at risk of being acquired by the U.S. Securities and Exchange Commission. Futu responded to the Reuters report by calling it "media speculations" about future policies damaging its business. "The company has been operating steadily and will continue to serve existing and new clients," Futu said.

China looks determined to take actions against the online brokers as local regulators are planning to ban companies like Futu Holdings and UP Fintech.

The battle that Chinese stocks are facing at the hands of their government continues with new regulations imposed on online brokers. The post Chinese Stocks Alert: What Is Going on With FUTU, TIGR Sto

Chinese regulators are planning to ban online brokerages such as Futu Holdings Ltd and UP Fintech Holding Ltd from offering offshore trading services to mainland clients due to concern about data security and capital outflows, people with knowledge of the matter said.

This article analyses a unique key risk for both Up Fintech And Futu. Click here to read why I have assigned a bullish rating for TIGR.

The stock price of UP Fintech Holding Ltd (NASDAQ: TIGR) fell by over 5% today. This is why it happened.

Since my past article, TIGR and FUTU's share prices have plummeted amidst greater regulatory scrutiny and negative market sentiments towards Chinese ADRs. This article analyses a unique key risk for b

UP Fintech (NASDAQ: TIGR) is one of 54 public companies in the Security brokers & dealers industry, but how does it contrast to its competitors? We will compare UP Fintech to related companies based on the strength of its profitability, institutional ownership, analyst recommendations, earnings, valuation, dividends and risk. Profitability This table compares UP Fintech []

UP Fintech Holding Limited (TIGR) with the stream of 5.49% also noticed, India KE Holdings Inc. (BEKE) encountered a rapid change of -2.81% in the last hour of trading session. The post Technical Indicators under Consideration: UP Fintech Holding Limited (NASDAQ:TIGR), KE Holdings Inc. (NYSE:BEKE) appeared first on Stocks Equity .

UP Fintech (NASDAQ: TIGR) is one of 54 public companies in the Security brokers & dealers industry, but how does it contrast to its rivals? We will compare UP Fintech to similar businesses based on the strength of its dividends, earnings, analyst recommendations, institutional ownership, risk, profitability and valuation. Analyst Recommendations This is a summary []

UP Fintech (NASDAQ:TIGR) had its price target lowered by Citigroup from $18.22 to $7.58 in a research note issued to investors on Wednesday, The Fly reports. Citigroup currently has a buy rating on the stock. Shares of TIGR opened at $5.57 on Wednesday. UP Fintech has a twelve month low of $4.63 and a twelve []

UP Fintech (NASDAQ: TIGR) is one of 54 public companies in the Security brokers & dealers industry, but how does it compare to its rivals? We will compare UP Fintech to similar companies based on the strength of its analyst recommendations, dividends, institutional ownership, profitability, valuation, earnings and risk. Analyst Recommendations This is a breakdown []