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…
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…
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…
Uber’s Chinese robotaxi romance, and Webull’s strong debut
Uber has signed new alliances with Chinese robotaxi operators Momenta and Pony AI, and fortified an existing partnership with WeRide. Why the sudden embrace of Chinese robotaxis? And Webull's stock has charged from the gate with massive gains following its SPAC listing. What's driving this company, which is an unusual hybrid of a U.S.-based business with strong China ties?
Webull’s charge from IPO gate looks unsustainable as China risks hover
The online stockbroker’s shares surged following a backdoor listing, but its China ties and growing economic uncertainty could be major risks Key Takeaways: Webull shares soared 375% on the second…