$Tiger Brokers(TIGR)$Our company is concerned about today's foreign media reports on the regulatory policies of Internet brokers, and hereby explains as follows:1. Tiger International has been committed to providing first-class investment experience for global investors. Like the business models of other brokers in Singapore and Hong Kong, China, we strictly abide by the relevant regulatory regulations and requirements, and there is no innovation or breakthrough in the model in essence.2. At present, the Group holds 46 licenses and qualifications in 36 categories in mainstream global financial markets such as Singapore, Hong Kong, New Zealand, the United States and Australia, and nearly 90% of the newly added customers in the third quarter came from
$Tiger Brokers(TIGR)$Investors are likely to cheer a new rule proposed by China’s market watchdog on stock offerings by local companies in offshore markets, potentially removing a major regulatory overhang hobbling the nation’s biggest tech stocks.The China Securities Regulatory Commission (CSRC) said it will allow companies to sell shares overseas as long as they register their plans with regulators, according to a draft released on December 24. It also allows mainland-incorporated firms to directly list overseas without the need for a so-called variable-interest entity (VIE) structure if they meet compliance requirements.“The draft rule ends months of speculation about China’s stance on VIEs, and it turns out to be friendly to those cash-starved te