Is Futu’s bull run nearing an end?
The brokerage’s stock has more than doubled since the start of the year, as it records strong revenue and profit growth fueled by heavy trading volumes Key Takeaways: Futu reported…
UP Fintech gets lift from tariff-induced market volatility
The online stockbroker’s revenue and net profit grew substantially in the first quarter as its trading volume surged on volatility in global stock markets Key Takeaways: UP Fintech’s revenue jumped…
Soaring stock brokers, and rising tobacco
Online brokers Futu and UP Fintech have recorded banner results, with revenue up by 75% or more for both in the fourth quarter. What's driving the growth, and is it sustainable? And the international arm of China's tobacco monopoly reported 10% revenue growth last year, even as the number of Chinese smokers fell. What's driving the increase?
BRIEF: UP Fintech’s profit surges on stock market rally
Online brokerage UP Fintech Holding Ltd. (TIGR.US) said its non-GAAP profit soared to a record $30.5 million in the fourth quarter, up from $1.1 million a year earlier, fueled by…
Waton plays up fintech transformation, though without much evidence
The online stockbroker prominently highlights its focus on fintech services as it seeks a New York IPO, but its financial results don’t quite back that up Key Takeaways: Waton is…
Futu layoffs signal new phase of consolidation after rapid expansion
The company reportedly laid off about 200 people at its main base in Shenzhen, as it prepares to be ‘relatively disciplined’ in 2025 Key Takeaways: Futu has laid off about…
Noah’s development arc takes overseas turn as life at home only gets tougher
The asset management firm’s overseas revenue growth partially offset a decline in its core domestic business in the third quarter Key Takeaways: Noah’s overseas revenue grew 29% year-on-year in the…
Recent Articles
RELATED ARTICLES
-
UP Fintech gets lift from tariff-induced market volatility
TIGR.US
-
BRIEF: Futu profit doubles on heavy trading during stock market rally
FUTU.US
-
BRIEF: Futu’s profit doubles on stock market rebound
FUTU.US
-
JF SmartInvest makes roaring, yet vulnerable, comeback on China stock rally
9636.HK
-
Soaring stock brokers, and rising tobacco
FUTU.US TIGR.US
-
Red Bull slayer Eastroc chases Hong Kong IPO to boost global charge
605499.SHG
-
Kintor Pharma shifts from cancer drugs to cosmetics as funds run low
9939.HK
