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2021-11-17

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UP Fintech Holding Limited to be Added to the MSCI China Small Cap Index

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Growth was driven by enhanced platform capabilities and rising demand for convenient access to global brokerage services.</p>\n<p>According to MSCI, the MSCI China Small Cap Index is designed to measure the performance of the small cap segment of the Chinese equity market. With 254 constituents, the index represents approximately 14% of the free float-adjusted market capitalization of the China equity universe.</p>\n<p>Founded in 2014, the Company enables global investors to trade equities in The U.S., U.K., Hong Kong, Singapore, and Australia as well as futures, options, and funds. Since entering the Singapore market in 2020, the company has leveraged its internationalization strategy to rapidly scale its client base and strengthen its global reputation. In the second quarter of this year, over 60% of the Company’s newly funded accounts were derived from international markets. Going forward, UP Fintech will continue to invest in enhancing its platform capabilities and further expanding its global presence.</p>\n<p><b>Safe Harbor Statement</b></p>\n<p>This announcement contains forward-looking statements. These statements are made under the \"safe harbor\" provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as \"will,\" \"expects,\" \"anticipates,\" \"future,\" \"intends,\" \"plans,\" \"believes,\" \"estimates\" and similar statements. Among other statements, the business outlook and quotations from management in this announcement, as well as the Company's strategic and operational plans, contain forward-looking statements. 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Further information regarding these and other risks is included in the Company's filings with the SEC. 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Growth was driven by enhanced platform capabilities and rising demand for convenient access to global brokerage services.\nAccording to MSCI, the MSCI China Small Cap Index is designed to measure the performance of the small cap segment of the Chinese equity market. With 254 constituents, the index represents approximately 14% of the free float-adjusted market capitalization of the China equity universe.\nFounded in 2014, the Company enables global investors to trade equities in The U.S., U.K., Hong Kong, Singapore, and Australia as well as futures, options, and funds. Since entering the Singapore market in 2020, the company has leveraged its internationalization strategy to rapidly scale its client base and strengthen its global reputation. In the second quarter of this year, over 60% of the Company’s newly funded accounts were derived from international markets. 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