Futu, Tiger extend losses as Chinese securities regulator reportedly refine regulations
Departments including the China Securities Regulatory Commission are working to improve the rules in line with the requirement that all financial activities should be fully regulated.
Futu, Tiger Brokers shares plunge pre-market as Chinese official media flag user info security concerns
According to an article in the online edition of the People's Daily, the issue of personal information of mainland citizens leaving the country may become a new test for Futu and Tiger Brokers.
Tiger Brokers, 'Robinhood of China', sees Q4 net profit up nearly 30 times year-on-year
It achieved revenue of $47.24 million in the fourth quarter, a 136.5% jump year-on-year, and has achieved year-on-year growth rates of more than 100% for five consecutive quarters.
Tiger Brokers, 'Robinhood of China', gets $65M investment
Wu Tianhua, founder and CEO of Tiger Brokers, said the convertible bond financing funds will be used to enhance product development and self-clearing capabilities and to help conduct business internationally.