JF SmartInvest harnesses AI in drive into lucrative financial intelligence services
The company unveiled an AI-powered terminal at its new showroom in Hong Kong’s financial district as it chases high-net-worth individuals seeking investment advice Key Takeaways: JF SmartInvest opened a physical…
Declawed in China, UP Fintech faces challenges in global marketplace
The Tiger Brokers operator has been forced to leave its original home market, but numbers show its global expansion isn't strong enough yet to carry the business Key Takeaways: Legacy…
BRIEF: Futu’s Moomoo unit in prediction market partnership with Kalshi
Moomoo Financial Inc., the English-language subsidiary of online stock brokerage Futu Holdings Ltd. (FUTU.US) said on Thursday it has formed a partnership that will give its users access to Kalshi,…
Why regulating capital and serving burgers are both getting tougher in China
China's move to push out cross-border stock brokers underscores the state's desire to control capital allocation and benefit state-owned enterprises; Wendy's ambitious plan to open 1,000 stores in China faces steep hurdles due to fierce competition and an increasing consumer preference for domestic brands
For Futu and UP Fintech, regulatory bombshell may finally clear global path forward
Hefty penalties from China's securities regulator for operating without necessary licenses remove a long-running overhang for the online brokerages Key Takeaways: Futu and UP Fintech have been fined a combined…
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 delivers more blockbuster results as pivot from China pays off
The online brokerage gained significant traction in its new markets in the fourth quarter, just three years after hitting a regulatory brick wall in its original home China market Key…
