$Tiger Brokers(TIGR)$$Futu Holdings Limited(FUTU)$https://investinchina.chinadaily.com.cn/s/202107/29/WS61027ed2498e6a12c1203bcc/chinas-internet-industry-scaling-new-highs.htmlChina daily reported this today and talks about boosting economy in 2nd half of the year
$Teladoc Health Inc.(TDOC)$This stock is for those who can hold decades, if you can hold 5 years or more, this stock is for you. Cathie woods buy disruptive innovation stocks to hold for 5 years or more, you cannot expect an industry to be disrupted less than 5 years. Even Alibaba took 10 years to make a profit. Look at the current P/S and P/B, 5 year low. Some may be concerned on the lack of profits, honestly , there are so many areas to invest in tele health , and globally, I think it will not be profitable for next 3-5 years, but Amazon was also like that.There are many players now, but this type ofbusiness, the industry can only support a few players. Your clinic can offer tele health just like a shop can have its own website, but
$Tiger Brokers(TIGR)$$Futu Holdings Limited(FUTU)$not sure what regulatory risks regarding privacy data but both are regulated in Singapore, which has high standards of regulatory requirements, so unless China side collects more unauthorised data, what is the issue? Definable as an investor, they do not collect your address or national id number. The People Daily reporter was probably paidby a short seller to cite the 2 brokerages
$Tiger Brokers(TIGR)$cannot compare with Didi. Didi may buy back at IPO price else sure face lawsuits over risk by management but not sure if SoftBank and Uber, the major shareholders will agree. Tiger no need to buy back at IPO price because it has IPO for nearly 2 years compared to Didi 6 months and it's IPO price only $8
$Futu Holdings Limited(FUTU)$$Tiger Brokers(TIGR)$ i question the People Daily reporters' and editor's ability to disclose vested interest in FUTU and TIGR by citing them negatively without verification of information. Reporters who name any company should disclose all dealings with the company so that we know the report is factual and neutral.
$Tiger Brokers(TIGR)$$Futu Holdings Limited(FUTU)$Futu and TIGR already came out with release that they will fully comply with all laws, so I do not think the apps will be banned. Normally Chinese hit the first company the hardest to ‘kill one, warn the rest’ so with the statements, it will be back to normalcysoon. Even if there is a fine, Alibaba was fine 4% of revenue while Meituan was fined 3% of revenue for anti-trust, the amount of fine will not be anywhere at that level. As for being listed in US, there are many Chinese finance, insurance companies, listed in US, to stop Futu and Tigr would mean stopping all US listings, which Chinese regulators already said is not the aim. On the impact on
$Tiger Brokers(TIGR)$Can someone explainwhy the price plunged 40% if Chinese companies cannot list in US? If they list in China or HK,you can also buy using Tiger right? I bought lots of Chinese tech stocks listed on the HK market. Majority of revenue from commissions so I do not understand why commissions will be so greatly impacted especially if tiger expands globally? Also, you can use tiger to buy any stocks on US market, so just buy more HKand USstocks in your portfolio ?
$Tiger Brokers(TIGR)$$Futu Holdings Limited(FUTU)$just to let everyone know, brokerage like Tiger and Futu do not fear price movement, whether you buy, sell, short, cover, they still earn commissions. They only fear low volume but you check the popular stocks, volume did not fall in th last 3 months. As long as more people put more money into stock market instead of bank deposits and property and for them, tiger and futu will earn more. In fact, it is possible some traders may borrow margin to buy Chinese stocks while low priced now and tiger and futu earn more from margin financing. This is highly scable fintect with 80% gross margin.
$Tiger Brokers(TIGR)$un un unbelievable! For a stock that wrestled market share in Singapore from the banks, and growing at triple digit, the forward PE only 25... Hello, this is FINtech and not some slow growing PE 15 brokerage from banks