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Summary China regulators clamped down on Up Fintech on Dec. 30, 2022. Investors panic sold, validating the high short-float against the stock. Uncertainties will hurt TIGR stock further. After falling by nearly 10% , Futu Holdings ( FUTU ) fell by another 31.0% on Dec....
An online brokerage firm that operate in China, Futu Holdings ( NASDAQ: FUTU ), ended the last week of the year as the biggest decliner in the financial sector (with market cap over $2B) after a Chinese regulator told it to fix their "illegal" activities. Their performance contras...
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, share...
HONG KONG, Dec. 30, 2022 (GLOBE NEWSWIRE) -- Futu Holdings Limited (“Futu” or the “Company”) (Nasdaq: FUTU), a leading tech-driven online brokerage and wealth management platform, today makes the following announcement: Futu noted that the China Securities Regula...
Summary Hong Kong stocks have sharply beaten the S&P 500 in the last two months as some macro tailwinds lift the Southeast Asia region. One capital market stock has endured a volatile last two years, but I see value given a high earnings growth rate. The technical picture on FUT...
Summary Futu stock fell below $35 in October and then peaked at over $70 the next month. FUTU shares are on a downtrend: negative sentiment explained. Negative near-term outlook discussed against stronger prospects in 2023. In October, a month before Futu Holdings ( FUTU...
Summary Two new Breakout Stocks for Week 52 with better than 10% short-term upside potential and one Dow 30 Pick. Average cumulative returns now up to +139.4% YTD. This week 1 of 4 high frequency breakout picks gained over 10% in less than a week with peak gains in EDU +16.7%, while the...
Futu Holdings ( NASDAQ: FUTU ) on Wednesday notifies the proposed dual primary listing of its Class A ordinary shares, par value $0.00001/share by way of introduction on the main board of The Stock Exchange of Hong Kong Limited (SEHK). The American depositary shares, each represen...
HONG KONG, Dec. 22, 2022 (GLOBE NEWSWIRE) -- Futu Holdings Limited (“Futu” or the “Company”) (Nasdaq: FUTU), a leading tech-driven online brokerage and wealth management platform, today announced the proposed dual primary listing of its Class A ordinary shares, par val...
Summary Chase Coleman’s 13F portfolio value decreased from $11.93B to $10.90B this quarter. Tiger Global added HubSpot and increased ServiceNow, Alphabet, and Uber Technologies while reducing NU Holdings, CrowdStrike, and SentinelOne. The largest three positions are JD.com, M...
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Moomoo Midyear 2024 Investor Survey Findings: Users Remain Slightly Bullish in 2024 PR Newswire JERSEY CITY, N.J. , July 15, 2024 /PRNewswire/ -- The intuitive investment and trading platform moomoo has recently completed a 2024 second-quarter U.S. users surv...
MooFest 2024 by Moomoo Singapore and AlphaInvest Receives Massive Turnout SINGAPORE, July 12, 2024 - (ACN Newswire) - AlphaInvest Holdings Pte Ltd, a leading regional financial services, media, and technology company, and Moomoo Singapore, a leading digitalised brokerage in Singapor...
Moomoo Announces Partnership with TradingView PR Newswire JERSEY CITY, N.J. , July 8, 2024 /PRNewswire/ -- The intuitive investment and trading platform moomoo , today announced its partnership with TradingView , a charting and trading platfor...