BRIEF: Tencent sells down Futu stake
Internet giant Tencent (0700.HK) has raised about $206 million by selling down its stake in online brokerage Futu Holdings Ltd. (FUTU.US), Bloomberg reported on Friday. It sold the stock at…
JF SmartInvest’s new product: Road to riches or desperate move to reignite growth?
The online financial educator is seeking to jumpstart its cooling growth with the launch of a stock-learning device equipped with its own content Key Takeaways: JF SmartInvest has rolled out…
UP Fintech reaps benefits from early move overseas
The online brokerage posted solid revenue growth in the first quarter as it gained traction in Hong Kong, its newest offshore market Key Takeaways: UP Fintech’s revenue increased 19% year-on-year…
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…
UP Fintech Roars Back as Investors Read Between the Lines of Mediocre Results
Shares of company better known as Tiger Brokers have more than doubled since March 14 as it passes important milestone in recent diversification drive Key Takeaways: UP Fintech, better known…
China Comes Out in Support of Continued U.S. Listings – With Stronger Oversight
Country’s securities regulator issues draft document saying it will use a registration system to allow continued listings of Chinese firms overseas Key Takeaways: China’s securities regulator has announced its intent…
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