Webull charges into high-velocity trading as U.S. removes longstanding restriction
The online brokerage is moving faster than rivals to remove a rule limiting trading by low-balance accounts, aiming to boost trading volumes on its platform Key Takeaways: Webull will immediately…
Futu makes bull run into Malaysia, as profits charge ahead
The online stock broker said it has been approved in principle for a license in the Southeast Asian country as its latest expansion in the region Key Takeaways: Futu’s revenue…
Futu profits charge ahead on soaring interest income, cost savings
The online brokerage that is increasingly boosting its global footprint reported its fourth-quarter profit rose 92%, fueled by similar growth in interest income Key Takeaways: Futu’s revenue grew 42% in…
Noah Holdings Lowers Profit Forecast Amid Market Turmoil, Pandemic Lockdowns
The wealth management company has cut its profit projection for the whole year by up to 35.5%Key Takeaways:Noah Holdings revised down its non-GAAP annual net profit forecast from a maximum…
UP Fintech Flexes Global Expansion Muscle With NYSE Membership
In its latest move to expand outside China, the online brokerage has become a member of the world’s largest stock exchange Key Takeaways: UP Fintech’s TradeUP Securities unit has become…
Wealth Manager Noah Banks on Hong Kong to Revive Fortunes
The Chinese financial firm serving high-net-worth investors will soon list on the Hong Kong Stock Exchange to fund its business expansion. (more…)
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