东北星
2021-10-15

$Tiger Brokers(TIGR)$seriously for the bulls supporting, do you understand what the new regulation means? Yes, it was decided in August. But will kick in 1st Nov....

The new regulation now target UP Fintech and FUTU to protect china citizen data. It mean they cant let them access overseas market. They can only use the platform for Chinese or HK market. It also mean a portion of their earnings will drop. this is not any financial advise, and I do hold a short position. 

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  • Hopehope赋予希望
    2021-10-15
    Hopehope赋予希望
    I think you yourself don't understand. they just need to segregate the data. it's a matter of data storage n obtaining approvals from citizens. the tricky part is whether investing can be done which
    • Hopehope赋予希望回复东北星
      as a corporate finance professional and passing all 3 levels of CFA, I think I shall not waste my time on u
    • Hopehope赋予希望回复东北星
      https://techcrunch.com/2021/05/20/berlins-trade-republic-nabs-900m-led-by-sequoia-at-a-5b-valuation-to-take-its-neo-broker-app-across-europe/
    • Hopehope赋予希望回复东北星
      if Singapore and sea funding account deposits are 10 billion, such valuation is already cheap. look at trade Republic valuation. 5 billion USD for 10 billion customer assets.
    • Hopehope赋予希望回复东北星
      if u see me in professional setting, u be regretting it young boy
    • Hopehope赋予希望回复东北星
      I took a short course on data analytics before. if you don't understand the data warehouse concept, don't try to debate this point with me
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