三级aa视频在线观看-三级国产-三级国产精品一区二区-三级国产三级在线-三级国产在线

Global EditionASIA 中文雙語Fran?ais
Business
Home / Business / Companies

China-focused online brokerage Up Fintech Holding makes Nasdaq debut

Xinhua | Updated: 2019-03-21 13:38
Share
Share - WeChat
A photo of the logo of Chinese brokerage and fintech firm Tiger Brokers in Ji'nan city, East China's Shandong province, on July 27, 2016. [Photo/IC]

NEW YORK - UP Fintech Holding Limited, a leading online brokerage firm focusing on global Chinese investors, rang the Nasdaq Stock Market opening bell on Wednesday in celebration of its initial public offering (IPO).

The company, known in Asia as "Tiger Brokers," trading under the ticker symbol of "TIGR," announced its IPO of 13 million American depositary shares (ADSs), each representing 15 Class A ordinary shares, at a price to the public of $8 per ADS.

UP Fintech Holding started trading at $8.10 per share on Wednesday, climbing 24.6 percent from its pricing, and was traded at $9.97 apiece around midday.

Citi and Deutsche Bank acted as lead managers on the deal.

Online brokers utilize APPs and websites to provide integrated online securities services, including customer acquisition, account opening, securities trading and other value-added services.

Up Fintech Holding, the China-based company, was founded in 2014. It launched its trading platform in August 2015, which enables investors to trade in equities and other financial instruments on multiple exchanges around the world.

The company is the largest online broker focusing on global Chinese investors in terms of US securities trading volume in 2017, with a market share of approximately 58.4 percent, said its prospectus, citing a report by the industry research firm iResearch.

As of the end of 2018, it counted 1.58 million registered users and the platform's total trading volume reached $119.2 billion for the year, according to the company.

"By introducing more innovative services and enhancing our technology capabilities, our platform makes trading easier and enables users to seamlessly connect with global markets," said Wu Tianhua, CEO of UP Fintech Holding Limited.

Up Fintech Holding generates revenues primarily by charging its customers commission fees for trading of securities as well as earning interest income or financing service fees arising from trading activities.

It pocketed $33.6 million in total revenue in 2018, as compared with $16.9 million in 2017, said it filing.

Top
BACK TO THE TOP
English
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
CLOSE
 
主站蜘蛛池模板: 日韩不卡免费视频 | 黄色毛片一级 | 日韩在线观看网址 | 在线观看222www| 日韩第一页在线观看 | 日本a一级毛片免费观看 | 一区二区三区高清在线 | 高潮影院| 亚洲人6666成人观看 | 国产高清三级 | 很黄很色的小视频在线网站 | 国产精品久久久久一区二区 | 国产 在线 | 日韩 | 国产在线资源站 | 欧美色碰碰碰免费观看长视频 | 久久久久久亚洲精品不卡 | 美国一级毛片片aaa 美国一级毛片片aa久久综合 | 日本一级毛片大片免费 | 免费国产一级特黄aa大 | 国产色综合一区二区三区 | 日韩美a一级毛片 | 免费在线一级毛片 | 国产一级做性视频 | 日韩欧美亚洲一区二区综合 | 国产成人精品男人免费 | 中文国产成人精品久久一区 | 国产免费一区二区三区香蕉精 | 亚洲国产日韩综合久久精品 | 毛片在线看网站 | 中文字幕在线播放不卡 | 亚洲精品久久久久久婷婷 | 亚洲自偷自拍另类12p | 国产一级做a爰片久久毛片男 | 91精品国产露脸在线观看 | 亚洲情a成黄在线观看 | 亚洲综合色就色手机在线观看 | 操操操综合 | 中文字幕在线观看网站 | 九九香蕉视频 | 成人欧美一区二区三区 | 久久成人18免费网站 |