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2021-12-23

$GameStop(GME)$ i love u

2021-12-21

Lol bagholder

Palantir: 3 Reasons Against It And Why It's Still A Buy<blockquote>Palantir：反对它的3个理由以及为什么它仍然值得买入</blockquote>

2021-12-20

$Tiger Brokers(TIGR)$ share price beaten to death yet theres additional fees. Disgusting stock

2021-12-19

$GameStop(GME)$ i love this stock

2021-12-07

I would like tiger to buyback its shares so i can recoup my losses from buying UP FINTECH

@FundMall:Fund Mall Activity: Win 1000 tiger coins

2021-12-05

$SINGTEL(Z74.SI)$ thanks for the tidy profit, stinktel!

@4e3cff4a:$SINGTEL(Z74.SI)$ shorting this stock, singtel is doom and gloom

2021-12-04

$GameStop(GME)$ b b b b b b b b

2021-12-03

$Grab Holdings(GRAB)$ rubbish company that is unsustainable, burning too much and fierce competition is not leaving. Dont buy into this trap.

2021-12-03

$Marvell Technology(MRVL)$ just watch eternals, i think marvel will be the next disney.

2021-12-03

$Grab Holdings(GRAB)$ just cut ur losses, anyone using the app would know that the business will never be worth anything more than 15B...

2021-12-02

$Grab Holdings(GRAB)$ the app is trash, worth less than 15b mkt cap

2021-11-30

Looks like tonight moon?

Tiger Brokers Achieved Annual Target for New Account Growth, Over 80% Of Newly Funded Accounts Came from Overseas in Q3<blockquote>老虎证券实现年度新增账户增长目标Q3新增资金账户超八成来自海外</blockquote>

2021-11-19

$Tiger Brokers(TIGR)$ this company bites the hands that feed it

2021-11-10

$SINGTEL(Z74.SI)$ shorting this stock, singtel is doom and gloom

2021-11-10

$GameStop(GME)$im averaging up

2021-11-10

$GameStop(GME)$ lol fk u for dipping, i will buy more to vent my frustration

2021-11-08

$GameStop(GME)$ averaged up

2021-11-01

Testing share more than 1x

@小虎活动:[Halloween Game] Trade or Treat!

2021-11-01

GET SOME FREEBIES TO RECOUP UR LOSSES BY 0.05%

@小虎活动:[Halloween Game] Trade or Treat!

2021-10-29

$Tiger Brokers(TIGR)$ i must have sinned greatly in my past life to deserve holding such a stock!

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href=\"https://laohu8.com/S/GME\">$GameStop(GME)$</a>&nbsp;i love u","listText":"<a href=\"https://laohu8.com/S/GME\">$GameStop(GME)$</a>&nbsp;i love u","text":"$GameStop(GME)$ i love u","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/691403356","isVote":1,"tweetType":1,"viewCount":499,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":693428962,"gmtCreate":1640066529969,"gmtModify":1640066530089,"author":{"id":"3573637775957146","authorId":"3573637775957146","name":"4e3cff4a","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3573637775957146","idStr":"3573637775957146"},"themes":[],"htmlText":"Lol bagholder","listText":"Lol bagholder","text":"Lol bagholder","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/693428962","repostId":"1117226796","repostType":2,"repost":{"id":"1117226796","kind":"news","pubTimestamp":1640057164,"share":"https://www.laohu8.com/m/news/1117226796?lang=zh_CN&edition=full","pubTime":"2021-12-21 11:26","market":"us","language":"en","title":"Palantir: 3 Reasons Against It And Why It's Still A Buy<blockquote>Palantir：反对它的3个理由以及为什么它仍然值得买入</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1117226796","media":"Seeking Alpha","summary":"Summary\n\nPalantir Technologies is a battleground stock. Listening to the bears' arguments is a good ","content":"<p><b>Summary</b></p><p><blockquote><b>总结</b></blockquote></p><p> <ul>  <li>Palantir Technologies is a battleground stock. Listening to the bears' arguments is a good idea for bulls.</li>  <li>PLTR dilutes its shareholders, but that is not necessarily a huge problem.</li>  <li>Despite some interest rate headwinds, PLTR seems like a good investment to me, thanks to a strong moat and great growth outlook.</li> </ul> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/7230cdd890b86f9941b99b1503d04049\" tg-width=\"1536\" tg-height=\"1044\" width=\"100%\" height=\"auto\"><span>spxChrome/E+ via Getty Images</span></p><p><blockquote><ul><li>Palantir Technologies是一只战场股票。听空头的论点对多头来说是个好主意。</li><li>PLTR稀释了其股东，但这不一定是一个大问题。</li><li>尽管存在一些利率阻力，但PLTR对我来说似乎是一项不错的投资，这要归功于强大的护城河和巨大的增长前景。</li></ul><p class=\"t-img-caption\"><span>spxChrome/E+来自Getty Images</span></p></blockquote></p><p> <b>Article Thesis</b></p><p><blockquote><b>文章论文</b></blockquote></p><p> Palantir Technologies (PLTR) is an embattled growth stock, and in recent weeks, bears have been winning as shares continued to decline. There are, indeed some important bear arguments, such as dilution, reliance on government contracts, and rising interest rates. I do, however, still believe that Palantir Technologies is an attractive long-term investment, due to the act that its technology could lead to massive growth for many years to come.</p><p><blockquote>Palantir Technologies(PLTR)是一只陷入困境的成长型股票，最近几周，随着股价持续下跌，空头一直在获胜。确实有一些重要的看跌论点，例如稀释、对政府合同的依赖以及利率上升。然而，我仍然相信Palantir Technologies是一项有吸引力的长期投资，因为其技术可能会在未来许多年带来巨大增长。</blockquote></p><p> <b>3 Issues Brought Up By Bears</b></p><p><blockquote><b>空头提出的3个问题</b></blockquote></p><p> Palantir is a growth stock that brings out highly convinced bulls as well as highly convinced bears. Generally, I am in the bullish camp here, but taking a look at the bear arguments can be a good idea as well. Three of the most common arguments against Palantir are the following ones:</p><p><blockquote>Palantir是一只成长型股票，可以带来高度确信的多头和高度确信的空头。总的来说，我在这里是看涨阵营，但看看看跌的论点也是一个好主意。反对Palantir的三个最常见的论点如下：</blockquote></p><p> <b>1. Shareholder Dilution</b></p><p><blockquote><b>1.股东稀释</b></blockquote></p><p> Growth on a company-wide basis is important, but growth on a per-share basis is even more important. There are many examples that show that changes in a company's share count can create or destroy a lot of shareholder value. Apple (AAPL), for example, has seen its net income grow by roughly 190% over the last decade:</p><p><blockquote>全公司的增长很重要，但每股的增长更重要。有许多例子表明，公司股票数量的变化可以创造或破坏大量股东价值。例如，苹果(AAPL)的净利润在过去十年中增长了约190%：</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/2b5263c8346cfbbb898f1d1ac9a5bead\" tg-width=\"635\" tg-height=\"433\" width=\"100%\" height=\"auto\"><span>Data by YCharts</span></p><p><blockquote><p class=\"t-img-caption\"><span>数据来自YCharts</span></p></blockquote></p><p> Thanks to a declining share count, its earnings per share rose by a much more attractive 350%, however -- buybacks created a lot of shareholder value. There are also examples where a rising share count destroyed a lot of shareholder value, e.g. at Citigroup (C):</p><p><blockquote>然而，由于股票数量下降，其每股收益增长了更具吸引力的350%——回购创造了大量股东价值。也有股票数量增加破坏了大量股东价值的例子，例如花旗集团（C）：</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/fc39008812f5e2d0082dedc95b025c68\" tg-width=\"635\" tg-height=\"433\" width=\"100%\" height=\"auto\"><span>Data by YCharts</span></p><p><blockquote><p class=\"t-img-caption\"><span>数据来自YCharts</span></p></blockquote></p><p> Massive share issuance during the Great Recession has resulted in a 75% earnings per share decline since 2007, even though net profits were up over the same time frame. Looking at the changes in a company's share count thus makes sense, as those changes can have a large impact in the long run. At Palantir, we see that the share count has been rising considerably since the company went public. During the most recent quarter, Palantir's share count looked like this:</p><p><blockquote>自2007年以来，大衰退期间的大规模股票发行导致每股收益下降75%，尽管同期净利润有所增长。因此，关注公司股票数量的变化是有意义的，因为从长远来看，这些变化可能会产生很大的影响。在Palantir，我们看到自公司上市以来，股票数量一直在大幅增加。最近一个季度，Palantir的股票数量如下所示：</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/917ca4d7a390ced61d7c92d528f84fc1\" tg-width=\"640\" tg-height=\"539\" width=\"100%\" height=\"auto\"><span>Source: Palantir Press Release</span></p><p><blockquote><p class=\"t-img-caption\"><span>资料来源：Palantir新闻稿</span></p></blockquote></p><p> Compared to the second quarter, Palantir's average share count was&nbsp;1.895 billion, which makes for a 3.5% quarterly increase, which pencils out to an annual growth rate in the mid-teens. That is, of course, not negligible at all, and bears to have an argument when they state that shareholders get diluted at a meaningful pace. On the other hand, Palantir's business growth rate is way higher than 3% per quarter, as the company has guided for ~40% revenue growth this year, and since Palantir should also deliver outsized business growth in the coming years. Even if Palantir's share count were to climb by 10%-15% a year going forward, revenue per share would still climb by 25%+ a year thanks to the fact that PLTR is growing rapidly. I also believe that dilution will, over the years, decline. Not only has this been the case at many other growth companies, e.g. Amazon (AMZN), Alphabet (GOOG), or Meta (FB), but it is also logical from an option rewards perspective. Option rewards are especially generous when a company is not yet publicly traded and when its future is still more uncertain, but as a company matures, employees get more comfortable as risks for the company decline, and they do not demand large option packages any longer. Last but not least, Palantir also generates strong free cash flows that should allow the company to do share buybacks in the future, which should help improve the dilution rate as well.</p><p><blockquote>与第二季度相比，Palantir的平均股票数量为18.95亿股，季度增长3.5%，年增长率在十几岁左右。当然，这一点根本不可忽视，当他们说股东以有意义的速度被稀释时，就值得争论。另一方面，Palantir的业务增长率远高于每季度3%，因为该公司预计今年的收入增长约为40%，而且Palantir也应该在未来几年实现巨大的业务增长。即使Palantir的股票数量未来每年增长10%-15%，由于PLTR的快速增长，每股收入仍将每年增长25%以上。我还相信，随着时间的推移，稀释度将会下降。这不仅适用于许多其他成长型公司，例如亚马逊（AMZN）、Alphabet（GOOG）或Meta（FB），但从期权回报的角度来看，这也是合乎逻辑的。当一家公司尚未公开交易且其未来仍然更加不确定时，期权奖励尤其丰厚，但随着公司成熟，随着公司风险的下降，员工会变得更加舒适，他们不再要求大笔期权套餐。最后但并非最不重要的是，Palantir还产生了强劲的自由现金流，这应该使该公司能够在未来进行股票回购，这也应该有助于提高稀释率。</blockquote></p><p> <b>2. Reliance on government contracts</b></p><p><blockquote><b>2.对政府合同的依赖</b></blockquote></p><p></p><p> In a recent bearish&nbsp;article, fellow Seeking Alpha contributor On The Pulse argued that Palantir was overvalued and that its reliance on government contracts was an issue. Palantir Technologies is, indeed, reliant on government contracts to a large degree today, but I do not believe that this is a major issue. First, Palantir has diversified away from government contracts in the recent past, thanks to massive growth in its commercial business:</p><p><blockquote>在最近的一篇看跌文章中，The Pulse的Seeking Alpha撰稿人认为Palantir被高估，其对政府合同的依赖是一个问题。Palantir Technologies如今确实在很大程度上依赖政府合同，但我不认为这是一个主要问题。首先，由于商业业务的大幅增长，Palantir最近实现了多元化，摆脱了政府合同：</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/de23409915ee3811691b986a42ece899\" tg-width=\"640\" tg-height=\"308\" width=\"100%\" height=\"auto\"><span>Source: Palantir Technologies presentation</span></p><p><blockquote><p class=\"t-img-caption\"><span>资料来源：Palantir技术演示</span></p></blockquote></p><p> In fact, Palantir's commercial business has been growing much faster than its government business in the recent past, which shows that commercial customers from all kinds of industries apparently see a lot of value in Palantir's technology -- otherwise, they wouldn't be buying at a rapid pace. With</p><p><blockquote>事实上，Palantir的商业业务近年来的增长速度远远快于其政府业务，这表明来自各个行业的商业客户显然看到了Palantir技术的巨大价值——否则，他们不会购买Palantir技术。速度很快。和</blockquote></p><p> With the commercial business growth rate outpacing the government business growth rate, Palantir will, over the years, become a company that is less and less dependent on government contracts, and that will ultimately turn into a B2B-focused software/technology player. Even if Palantir were to remain a government-focused company forever, which seems unlikely based on the current growth rates of the individual business units, that would not necessarily be an issue. Working for the government means that there is very little counterparty risk and that existing relations can easily be used to get future contracts. Last but not least, with government budgets rising relatively steadily, good government connections allow for considerable growth opportunities -- especially in the defense tech/security tech space Palantir is active in, as there is a huge need for further investments in this space.</p><p><blockquote>随着商业业务增长率超过政府业务增长率，Palantir将在多年后成为一家越来越不依赖政府合同的公司，并最终成为一家专注于B2B的软件/技术公司。即使Palantir永远是一家以政府为中心的公司（根据各个业务部门目前的增长率，这似乎不太可能），但这也不一定是一个问题。为政府工作意味着交易对手风险很小，现有关系可以很容易地用来获得未来的合同。最后但并非最不重要的一点是，随着政府预算相对稳定地增长，良好的政府关系带来了相当大的增长机会——特别是在Palantir活跃的国防技术/安全技术领域，因为该领域非常需要进一步投资。</blockquote></p><p> The claim that a government focus leads to lacking scalability is also false, I believe. Per Palantir's most recent quarterly report (linked above), its operating expenses rose by $9 million between Q3 2020 and Q3 2021 -- whereas revenues rose by $103 million in the same time frame. This backs out changes in share-based compensation. If one were to include those SBC expenses, Palantir's expenses actually<i>declined</i>year-over-year while the company managed to grow its revenue by close to 40%. The claim that Palantir will not generate any scale advantages over the years thus seems to be unfounded, I believe. Instead, the data suggest that Palantir will be able to grow its margins considerably -- the company was able to grow its adjusted gross profit by a massive $90 million while growing its adjusted operating expenses by just $9 million -- making for excellent operating leverage.</p><p><blockquote>我认为，政府关注导致缺乏可扩展性的说法也是错误的。根据Palantir最新的季度报告（上面链接），2020年第三季度至2021年第三季度期间，其运营费用增加了900万美元，而同期收入增加了1.03亿美元。这抵消了股权激励的变化。如果将这些SBC费用包括在内，Palantir的费用实际上<i>拒绝</i>而该公司的收入同比增长了近40%。因此，我认为Palantir多年来不会产生任何规模优势的说法似乎是没有根据的。相反，数据表明Palantir将能够大幅提高其利润率——该公司调整后毛利润大幅增长9000万美元，而调整后运营费用仅增长900万美元——从而实现出色的运营杠杆。</blockquote></p><p> <b>3. Exposure to rising rates</b></p><p><blockquote><b>3.利率上升的风险</b></blockquote></p><p> Massive inflation will force the Fed to raise rates in 2022 and beyond, and that could be an issue for growth stocks. Companies that are not profitable today, or that have the vast majority of their profits in the distant future, are more exposed to a rising discount rate compared to companies that have low or no growth and that generate a large amount of all future profits in the near term. This could result in outperformance of value stocks versus growth stocks in the coming years, I believe. Palantir, which is not profitable yet, naturally belongs in the \"growth\" bucket that could see an above-average impact from rising interest rates. There is no real counter-argument here, I believe -- it is indeed true that the impact of rising rates on Palantir, all else equal, will be larger compared to a value stock like AbbVie (ABBV), for example.</p><p><blockquote>大规模通胀将迫使美联储在2022年及以后加息，这可能是成长型股票的一个问题。与增长较低或没有增长且在短期内产生大量未来利润的公司相比，今天不盈利或绝大多数利润在遥远未来的公司更容易面临贴现率上升的风险。我相信，这可能会导致未来几年价值股优于成长股。Palantir尚未盈利，自然属于“增长”类别，利率上升可能会产生高于平均水平的影响。我认为，这里没有真正的反驳——确实，在其他条件相同的情况下，利率上升对Palantir的影响将比艾伯维(ABBV)等价值股更大。</blockquote></p><p> This being an incremental negative for Palantir doesn't mean that shares have to be avoided under any circumstances, however. Indeed, even despite some potential headwinds from rising rates, Palantir could still be an attractive investment if other arguments have a larger weight -- I believe this to be true, as I see PLTR's massive growth potential and huge moat outweighing some near-term headwinds from rising rates.</p><p><blockquote>然而，这对Palantir来说是一个增量负面影响，并不意味着在任何情况下都必须避免股票。事实上，即使利率上升带来了一些潜在的阻力，如果其他论点具有更大的权重，Palantir仍然可能是一项有吸引力的投资——我相信这是真的，因为我认为PLTR巨大的增长潜力和巨大的护城河超过了近期的一些阻力来自利率上升。</blockquote></p><p> <b>Why Palantir Is Still Attractive</b></p><p><blockquote><b>为什么Palantir仍然有吸引力</b></blockquote></p><p> Bears bring up a range of arguments against Palantir, and as shown above, those can have merit. I believe that they might be overblown in some cases, but taking a look at the bear's arguments doesn't hurt -- in fact, it seems like a good idea to look at both sides in order to make a more informed decision. Dilution is indeed an issue, although I do not believe that this will be too much of a headwind, since PLTR's business growth easily outpaces dilution and since dilution, overall, should slow down over the years. Government reliance will wane over the years due to an above-average commercial business growth rate, and in general, doing business with the government is not a bad thing anyway. The claim that PLTR lacks scalability seems to be false, from what I see in PLTR's data.</p><p><blockquote>看空者提出了一系列反对Palantir的论点，如上所示，这些论点可能有其优点。我相信在某些情况下他们可能被夸大了，但看看空头的论点并没有什么坏处——事实上，为了做出更明智的决定，看看双方似乎是个好主意。稀释确实是一个问题，尽管我不认为这会是太大的阻力，因为PLTR的业务增长很容易超过稀释，而且总体而言，稀释应该会在几年内放缓。由于高于平均水平的商业业务增长率，对政府的依赖将会随着时间的推移而减弱，总的来说，与政府做生意无论如何都不是一件坏事。从我在PLTR的数据中看到的来看，PLTR缺乏可扩展性的说法似乎是错误的。</blockquote></p><p></p><p> Palantir is, despite these arguments, attractive, I believe: The company is growing rapidly, has decades-long growth potential in both its government business as well as on the commercial side, and Palantir seems to have a very wide moat. This combination could turn Palantir into one of the largest and most important companies eventually -- although investors shouldn't expect this to happen in the very near term. Instead, I believe that there is a good chance that Palantir will grow at a considerable rate throughout the 2020s and beyond, as our world becomes ever more data-hungry -- both governments, as well as enterprises, will try to get the most value out of all of this data, and Palantir, with its tailored solutions, will be there to offer that value to its customers. With new tools such as the recently-showcased&nbsp;Foundry&nbsp;for crypto, Palantir is at the forefront of all kinds of emerging technologies. Thanks to the fact that Palantir has access to top talent -- the result of SBC and of an&nbsp;excellent working environment-- I believe that there is a good chance that Palantir will be able to be highly competitive in all kinds of future markets in the Big Data/AI space that may not even exist yet.</p><p><blockquote>尽管有这些论点，我相信Palantir仍然很有吸引力：该公司发展迅速，在政府业务和商业方面都具有数十年的增长潜力，而且Palantir似乎拥有非常宽的护城河。这种合并最终可能会将Palantir变成最大、最重要的公司之一——尽管投资者不应指望这种情况会在短期内发生。相反，我相信Palantir很有可能在整个2020年代及以后以相当大的速度增长，因为我们的世界变得越来越需要数据——政府和企业都将努力获得最大的价值从所有这些数据中获得，Palantir将凭借其量身定制的解决方案，为其客户提供这种价值。凭借最近展示的Foundry for Crypto等新工具，Palantir处于各种新兴技术的前沿。由于Palantir能够接触到顶尖人才——SBC的结果和良好的工作环境——我相信Palantir很有可能能够在未来的各种市场中具有高度竞争力。大数据/人工智能领域可能还不存在。</blockquote></p><p> <b>Takeaway</b></p><p><blockquote><b>外卖</b></blockquote></p><p> In general, I am not much of a growth investor -- instead, I primarily focus on attractively priced stocks with strong cash flows, oftentimes those that pay dividends. Palantir, however, is somewhat of an outlier in my portfolio -- it's a growth stock, it is not really profitable yet, and most of its potential is years away. Due to the highly attractive combination of a massive market opportunity, excellent talent, and a wide moat, Palantir still seems like an attractive long-term investment to me. This isn't a stock that will make investors rich quickly, but I believe that there is a very good chance that Palantir will turn into a very dominant, important company over the next 10+ years. At 19x next year's revenue, PLTR is not cheap, but when we expect that the company will grow at a strong rate for many years, that also doesn't seem outlandish to me at all. It makes sense to listen to the bears' arguments, but I believe that the pros outweigh the cons here.</p><p><blockquote>总的来说，我不是一个成长型投资者——相反，我主要关注价格有吸引力、现金流强劲的股票，通常是那些支付股息的股票。然而，Palantir在我的投资组合中有点异类——它是一只成长型股票，尚未真正盈利，而且其大部分潜力还需要数年时间。由于巨大的市场机会、优秀的人才和宽阔的护城河的极具吸引力的组合，Palantir对我来说仍然是一项有吸引力的长期投资。这不是一只能让投资者快速致富的股票，但我相信Palantir很有可能在未来10多年成为一家非常占主导地位的重要公司。PLTR明年收入的19倍并不便宜，但当我们预计该公司将在许多年内以强劲的速度增长时，这对我来说一点也不奇怪。听空头的论点是有道理的，但我相信这里利大于弊。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Palantir: 3 Reasons Against It And Why It's Still A Buy<blockquote>Palantir：反对它的3个理由以及为什么它仍然值得买入</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPalantir: 3 Reasons Against It And Why It's Still A Buy<blockquote>Palantir：反对它的3个理由以及为什么它仍然值得买入</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Seeking Alpha</strong><span class=\"h-time small\">2021-12-21 11:26</span>\n</p>\n</h4>\n</header>\n<article>\n<p><b>Summary</b></p><p><blockquote><b>总结</b></blockquote></p><p> <ul>  <li>Palantir Technologies is a battleground stock. Listening to the bears' arguments is a good idea for bulls.</li>  <li>PLTR dilutes its shareholders, but that is not necessarily a huge problem.</li>  <li>Despite some interest rate headwinds, PLTR seems like a good investment to me, thanks to a strong moat and great growth outlook.</li> </ul> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/7230cdd890b86f9941b99b1503d04049\" tg-width=\"1536\" tg-height=\"1044\" width=\"100%\" height=\"auto\"><span>spxChrome/E+ via Getty Images</span></p><p><blockquote><ul><li>Palantir Technologies是一只战场股票。听空头的论点对多头来说是个好主意。</li><li>PLTR稀释了其股东，但这不一定是一个大问题。</li><li>尽管存在一些利率阻力，但PLTR对我来说似乎是一项不错的投资，这要归功于强大的护城河和巨大的增长前景。</li></ul><p class=\"t-img-caption\"><span>spxChrome/E+来自Getty Images</span></p></blockquote></p><p> <b>Article Thesis</b></p><p><blockquote><b>文章论文</b></blockquote></p><p> Palantir Technologies (PLTR) is an embattled growth stock, and in recent weeks, bears have been winning as shares continued to decline. There are, indeed some important bear arguments, such as dilution, reliance on government contracts, and rising interest rates. I do, however, still believe that Palantir Technologies is an attractive long-term investment, due to the act that its technology could lead to massive growth for many years to come.</p><p><blockquote>Palantir Technologies(PLTR)是一只陷入困境的成长型股票，最近几周，随着股价持续下跌，空头一直在获胜。确实有一些重要的看跌论点，例如稀释、对政府合同的依赖以及利率上升。然而，我仍然相信Palantir Technologies是一项有吸引力的长期投资，因为其技术可能会在未来许多年带来巨大增长。</blockquote></p><p> <b>3 Issues Brought Up By Bears</b></p><p><blockquote><b>空头提出的3个问题</b></blockquote></p><p> Palantir is a growth stock that brings out highly convinced bulls as well as highly convinced bears. Generally, I am in the bullish camp here, but taking a look at the bear arguments can be a good idea as well. Three of the most common arguments against Palantir are the following ones:</p><p><blockquote>Palantir是一只成长型股票，可以带来高度确信的多头和高度确信的空头。总的来说，我在这里是看涨阵营，但看看看跌的论点也是一个好主意。反对Palantir的三个最常见的论点如下：</blockquote></p><p> <b>1. Shareholder Dilution</b></p><p><blockquote><b>1.股东稀释</b></blockquote></p><p> Growth on a company-wide basis is important, but growth on a per-share basis is even more important. There are many examples that show that changes in a company's share count can create or destroy a lot of shareholder value. Apple (AAPL), for example, has seen its net income grow by roughly 190% over the last decade:</p><p><blockquote>全公司的增长很重要，但每股的增长更重要。有许多例子表明，公司股票数量的变化可以创造或破坏大量股东价值。例如，苹果(AAPL)的净利润在过去十年中增长了约190%：</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/2b5263c8346cfbbb898f1d1ac9a5bead\" tg-width=\"635\" tg-height=\"433\" width=\"100%\" height=\"auto\"><span>Data by YCharts</span></p><p><blockquote><p class=\"t-img-caption\"><span>数据来自YCharts</span></p></blockquote></p><p> Thanks to a declining share count, its earnings per share rose by a much more attractive 350%, however -- buybacks created a lot of shareholder value. There are also examples where a rising share count destroyed a lot of shareholder value, e.g. at Citigroup (C):</p><p><blockquote>然而，由于股票数量下降，其每股收益增长了更具吸引力的350%——回购创造了大量股东价值。也有股票数量增加破坏了大量股东价值的例子，例如花旗集团（C）：</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/fc39008812f5e2d0082dedc95b025c68\" tg-width=\"635\" tg-height=\"433\" width=\"100%\" height=\"auto\"><span>Data by YCharts</span></p><p><blockquote><p class=\"t-img-caption\"><span>数据来自YCharts</span></p></blockquote></p><p> Massive share issuance during the Great Recession has resulted in a 75% earnings per share decline since 2007, even though net profits were up over the same time frame. Looking at the changes in a company's share count thus makes sense, as those changes can have a large impact in the long run. At Palantir, we see that the share count has been rising considerably since the company went public. During the most recent quarter, Palantir's share count looked like this:</p><p><blockquote>自2007年以来，大衰退期间的大规模股票发行导致每股收益下降75%，尽管同期净利润有所增长。因此，关注公司股票数量的变化是有意义的，因为从长远来看，这些变化可能会产生很大的影响。在Palantir，我们看到自公司上市以来，股票数量一直在大幅增加。最近一个季度，Palantir的股票数量如下所示：</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/917ca4d7a390ced61d7c92d528f84fc1\" tg-width=\"640\" tg-height=\"539\" width=\"100%\" height=\"auto\"><span>Source: Palantir Press Release</span></p><p><blockquote><p class=\"t-img-caption\"><span>资料来源：Palantir新闻稿</span></p></blockquote></p><p> Compared to the second quarter, Palantir's average share count was&nbsp;1.895 billion, which makes for a 3.5% quarterly increase, which pencils out to an annual growth rate in the mid-teens. That is, of course, not negligible at all, and bears to have an argument when they state that shareholders get diluted at a meaningful pace. On the other hand, Palantir's business growth rate is way higher than 3% per quarter, as the company has guided for ~40% revenue growth this year, and since Palantir should also deliver outsized business growth in the coming years. Even if Palantir's share count were to climb by 10%-15% a year going forward, revenue per share would still climb by 25%+ a year thanks to the fact that PLTR is growing rapidly. I also believe that dilution will, over the years, decline. Not only has this been the case at many other growth companies, e.g. Amazon (AMZN), Alphabet (GOOG), or Meta (FB), but it is also logical from an option rewards perspective. Option rewards are especially generous when a company is not yet publicly traded and when its future is still more uncertain, but as a company matures, employees get more comfortable as risks for the company decline, and they do not demand large option packages any longer. Last but not least, Palantir also generates strong free cash flows that should allow the company to do share buybacks in the future, which should help improve the dilution rate as well.</p><p><blockquote>与第二季度相比，Palantir的平均股票数量为18.95亿股，季度增长3.5%，年增长率在十几岁左右。当然，这一点根本不可忽视，当他们说股东以有意义的速度被稀释时，就值得争论。另一方面，Palantir的业务增长率远高于每季度3%，因为该公司预计今年的收入增长约为40%，而且Palantir也应该在未来几年实现巨大的业务增长。即使Palantir的股票数量未来每年增长10%-15%，由于PLTR的快速增长，每股收入仍将每年增长25%以上。我还相信，随着时间的推移，稀释度将会下降。这不仅适用于许多其他成长型公司，例如亚马逊（AMZN）、Alphabet（GOOG）或Meta（FB），但从期权回报的角度来看，这也是合乎逻辑的。当一家公司尚未公开交易且其未来仍然更加不确定时，期权奖励尤其丰厚，但随着公司成熟，随着公司风险的下降，员工会变得更加舒适，他们不再要求大笔期权套餐。最后但并非最不重要的是，Palantir还产生了强劲的自由现金流，这应该使该公司能够在未来进行股票回购，这也应该有助于提高稀释率。</blockquote></p><p> <b>2. Reliance on government contracts</b></p><p><blockquote><b>2.对政府合同的依赖</b></blockquote></p><p></p><p> In a recent bearish&nbsp;article, fellow Seeking Alpha contributor On The Pulse argued that Palantir was overvalued and that its reliance on government contracts was an issue. Palantir Technologies is, indeed, reliant on government contracts to a large degree today, but I do not believe that this is a major issue. First, Palantir has diversified away from government contracts in the recent past, thanks to massive growth in its commercial business:</p><p><blockquote>在最近的一篇看跌文章中，The Pulse的Seeking Alpha撰稿人认为Palantir被高估，其对政府合同的依赖是一个问题。Palantir Technologies如今确实在很大程度上依赖政府合同，但我不认为这是一个主要问题。首先，由于商业业务的大幅增长，Palantir最近实现了多元化，摆脱了政府合同：</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/de23409915ee3811691b986a42ece899\" tg-width=\"640\" tg-height=\"308\" width=\"100%\" height=\"auto\"><span>Source: Palantir Technologies presentation</span></p><p><blockquote><p class=\"t-img-caption\"><span>资料来源：Palantir技术演示</span></p></blockquote></p><p> In fact, Palantir's commercial business has been growing much faster than its government business in the recent past, which shows that commercial customers from all kinds of industries apparently see a lot of value in Palantir's technology -- otherwise, they wouldn't be buying at a rapid pace. With</p><p><blockquote>事实上，Palantir的商业业务近年来的增长速度远远快于其政府业务，这表明来自各个行业的商业客户显然看到了Palantir技术的巨大价值——否则，他们不会购买Palantir技术。速度很快。和</blockquote></p><p> With the commercial business growth rate outpacing the government business growth rate, Palantir will, over the years, become a company that is less and less dependent on government contracts, and that will ultimately turn into a B2B-focused software/technology player. Even if Palantir were to remain a government-focused company forever, which seems unlikely based on the current growth rates of the individual business units, that would not necessarily be an issue. Working for the government means that there is very little counterparty risk and that existing relations can easily be used to get future contracts. Last but not least, with government budgets rising relatively steadily, good government connections allow for considerable growth opportunities -- especially in the defense tech/security tech space Palantir is active in, as there is a huge need for further investments in this space.</p><p><blockquote>随着商业业务增长率超过政府业务增长率，Palantir将在多年后成为一家越来越不依赖政府合同的公司，并最终成为一家专注于B2B的软件/技术公司。即使Palantir永远是一家以政府为中心的公司（根据各个业务部门目前的增长率，这似乎不太可能），但这也不一定是一个问题。为政府工作意味着交易对手风险很小，现有关系可以很容易地用来获得未来的合同。最后但并非最不重要的一点是，随着政府预算相对稳定地增长，良好的政府关系带来了相当大的增长机会——特别是在Palantir活跃的国防技术/安全技术领域，因为该领域非常需要进一步投资。</blockquote></p><p> The claim that a government focus leads to lacking scalability is also false, I believe. Per Palantir's most recent quarterly report (linked above), its operating expenses rose by $9 million between Q3 2020 and Q3 2021 -- whereas revenues rose by $103 million in the same time frame. This backs out changes in share-based compensation. If one were to include those SBC expenses, Palantir's expenses actually<i>declined</i>year-over-year while the company managed to grow its revenue by close to 40%. The claim that Palantir will not generate any scale advantages over the years thus seems to be unfounded, I believe. Instead, the data suggest that Palantir will be able to grow its margins considerably -- the company was able to grow its adjusted gross profit by a massive $90 million while growing its adjusted operating expenses by just $9 million -- making for excellent operating leverage.</p><p><blockquote>我认为，政府关注导致缺乏可扩展性的说法也是错误的。根据Palantir最新的季度报告（上面链接），2020年第三季度至2021年第三季度期间，其运营费用增加了900万美元，而同期收入增加了1.03亿美元。这抵消了股权激励的变化。如果将这些SBC费用包括在内，Palantir的费用实际上<i>拒绝</i>而该公司的收入同比增长了近40%。因此，我认为Palantir多年来不会产生任何规模优势的说法似乎是没有根据的。相反，数据表明Palantir将能够大幅提高其利润率——该公司调整后毛利润大幅增长9000万美元，而调整后运营费用仅增长900万美元——从而实现出色的运营杠杆。</blockquote></p><p> <b>3. Exposure to rising rates</b></p><p><blockquote><b>3.利率上升的风险</b></blockquote></p><p> Massive inflation will force the Fed to raise rates in 2022 and beyond, and that could be an issue for growth stocks. Companies that are not profitable today, or that have the vast majority of their profits in the distant future, are more exposed to a rising discount rate compared to companies that have low or no growth and that generate a large amount of all future profits in the near term. This could result in outperformance of value stocks versus growth stocks in the coming years, I believe. Palantir, which is not profitable yet, naturally belongs in the \"growth\" bucket that could see an above-average impact from rising interest rates. There is no real counter-argument here, I believe -- it is indeed true that the impact of rising rates on Palantir, all else equal, will be larger compared to a value stock like AbbVie (ABBV), for example.</p><p><blockquote>大规模通胀将迫使美联储在2022年及以后加息，这可能是成长型股票的一个问题。与增长较低或没有增长且在短期内产生大量未来利润的公司相比，今天不盈利或绝大多数利润在遥远未来的公司更容易面临贴现率上升的风险。我相信，这可能会导致未来几年价值股优于成长股。Palantir尚未盈利，自然属于“增长”类别，利率上升可能会产生高于平均水平的影响。我认为，这里没有真正的反驳——确实，在其他条件相同的情况下，利率上升对Palantir的影响将比艾伯维(ABBV)等价值股更大。</blockquote></p><p> This being an incremental negative for Palantir doesn't mean that shares have to be avoided under any circumstances, however. Indeed, even despite some potential headwinds from rising rates, Palantir could still be an attractive investment if other arguments have a larger weight -- I believe this to be true, as I see PLTR's massive growth potential and huge moat outweighing some near-term headwinds from rising rates.</p><p><blockquote>然而，这对Palantir来说是一个增量负面影响，并不意味着在任何情况下都必须避免股票。事实上，即使利率上升带来了一些潜在的阻力，如果其他论点具有更大的权重，Palantir仍然可能是一项有吸引力的投资——我相信这是真的，因为我认为PLTR巨大的增长潜力和巨大的护城河超过了近期的一些阻力来自利率上升。</blockquote></p><p> <b>Why Palantir Is Still Attractive</b></p><p><blockquote><b>为什么Palantir仍然有吸引力</b></blockquote></p><p> Bears bring up a range of arguments against Palantir, and as shown above, those can have merit. I believe that they might be overblown in some cases, but taking a look at the bear's arguments doesn't hurt -- in fact, it seems like a good idea to look at both sides in order to make a more informed decision. Dilution is indeed an issue, although I do not believe that this will be too much of a headwind, since PLTR's business growth easily outpaces dilution and since dilution, overall, should slow down over the years. Government reliance will wane over the years due to an above-average commercial business growth rate, and in general, doing business with the government is not a bad thing anyway. The claim that PLTR lacks scalability seems to be false, from what I see in PLTR's data.</p><p><blockquote>看空者提出了一系列反对Palantir的论点，如上所示，这些论点可能有其优点。我相信在某些情况下他们可能被夸大了，但看看空头的论点并没有什么坏处——事实上，为了做出更明智的决定，看看双方似乎是个好主意。稀释确实是一个问题，尽管我不认为这会是太大的阻力，因为PLTR的业务增长很容易超过稀释，而且总体而言，稀释应该会在几年内放缓。由于高于平均水平的商业业务增长率，对政府的依赖将会随着时间的推移而减弱，总的来说，与政府做生意无论如何都不是一件坏事。从我在PLTR的数据中看到的来看，PLTR缺乏可扩展性的说法似乎是错误的。</blockquote></p><p></p><p> Palantir is, despite these arguments, attractive, I believe: The company is growing rapidly, has decades-long growth potential in both its government business as well as on the commercial side, and Palantir seems to have a very wide moat. This combination could turn Palantir into one of the largest and most important companies eventually -- although investors shouldn't expect this to happen in the very near term. Instead, I believe that there is a good chance that Palantir will grow at a considerable rate throughout the 2020s and beyond, as our world becomes ever more data-hungry -- both governments, as well as enterprises, will try to get the most value out of all of this data, and Palantir, with its tailored solutions, will be there to offer that value to its customers. With new tools such as the recently-showcased&nbsp;Foundry&nbsp;for crypto, Palantir is at the forefront of all kinds of emerging technologies. Thanks to the fact that Palantir has access to top talent -- the result of SBC and of an&nbsp;excellent working environment-- I believe that there is a good chance that Palantir will be able to be highly competitive in all kinds of future markets in the Big Data/AI space that may not even exist yet.</p><p><blockquote>尽管有这些论点，我相信Palantir仍然很有吸引力：该公司发展迅速，在政府业务和商业方面都具有数十年的增长潜力，而且Palantir似乎拥有非常宽的护城河。这种合并最终可能会将Palantir变成最大、最重要的公司之一——尽管投资者不应指望这种情况会在短期内发生。相反，我相信Palantir很有可能在整个2020年代及以后以相当大的速度增长，因为我们的世界变得越来越需要数据——政府和企业都将努力获得最大的价值从所有这些数据中获得，Palantir将凭借其量身定制的解决方案，为其客户提供这种价值。凭借最近展示的Foundry for Crypto等新工具，Palantir处于各种新兴技术的前沿。由于Palantir能够接触到顶尖人才——SBC的结果和良好的工作环境——我相信Palantir很有可能能够在未来的各种市场中具有高度竞争力。大数据/人工智能领域可能还不存在。</blockquote></p><p> <b>Takeaway</b></p><p><blockquote><b>外卖</b></blockquote></p><p> In general, I am not much of a growth investor -- instead, I primarily focus on attractively priced stocks with strong cash flows, oftentimes those that pay dividends. Palantir, however, is somewhat of an outlier in my portfolio -- it's a growth stock, it is not really profitable yet, and most of its potential is years away. Due to the highly attractive combination of a massive market opportunity, excellent talent, and a wide moat, Palantir still seems like an attractive long-term investment to me. This isn't a stock that will make investors rich quickly, but I believe that there is a very good chance that Palantir will turn into a very dominant, important company over the next 10+ years. At 19x next year's revenue, PLTR is not cheap, but when we expect that the company will grow at a strong rate for many years, that also doesn't seem outlandish to me at all. It makes sense to listen to the bears' arguments, but I believe that the pros outweigh the cons here.</p><p><blockquote>总的来说，我不是一个成长型投资者——相反，我主要关注价格有吸引力、现金流强劲的股票，通常是那些支付股息的股票。然而，Palantir在我的投资组合中有点异类——它是一只成长型股票，尚未真正盈利，而且其大部分潜力还需要数年时间。由于巨大的市场机会、优秀的人才和宽阔的护城河的极具吸引力的组合，Palantir对我来说仍然是一项有吸引力的长期投资。这不是一只能让投资者快速致富的股票，但我相信Palantir很有可能在未来10多年成为一家非常占主导地位的重要公司。PLTR明年收入的19倍并不便宜，但当我们预计该公司将在许多年内以强劲的速度增长时，这对我来说一点也不奇怪。听空头的论点是有道理的，但我相信这里利大于弊。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://seekingalpha.com/article/4475960-palantir-3-reasons-against-it-and-why-its-still-a-buy\">Seeking Alpha</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PLTR":"Palantir Technologies Inc."},"source_url":"https://seekingalpha.com/article/4475960-palantir-3-reasons-against-it-and-why-its-still-a-buy","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1117226796","content_text":"Summary\n\nPalantir Technologies is a battleground stock. Listening to the bears' arguments is a good idea for bulls.\nPLTR dilutes its shareholders, but that is not necessarily a huge problem.\nDespite some interest rate headwinds, PLTR seems like a good investment to me, thanks to a strong moat and great growth outlook.\n\nspxChrome/E+ via Getty Images\nArticle Thesis\nPalantir Technologies (PLTR) is an embattled growth stock, and in recent weeks, bears have been winning as shares continued to decline. There are, indeed some important bear arguments, such as dilution, reliance on government contracts, and rising interest rates. I do, however, still believe that Palantir Technologies is an attractive long-term investment, due to the act that its technology could lead to massive growth for many years to come.\n3 Issues Brought Up By Bears\nPalantir is a growth stock that brings out highly convinced bulls as well as highly convinced bears. Generally, I am in the bullish camp here, but taking a look at the bear arguments can be a good idea as well. Three of the most common arguments against Palantir are the following ones:\n1. Shareholder Dilution\nGrowth on a company-wide basis is important, but growth on a per-share basis is even more important. There are many examples that show that changes in a company's share count can create or destroy a lot of shareholder value. Apple (AAPL), for example, has seen its net income grow by roughly 190% over the last decade:\nData by YCharts\nThanks to a declining share count, its earnings per share rose by a much more attractive 350%, however -- buybacks created a lot of shareholder value. There are also examples where a rising share count destroyed a lot of shareholder value, e.g. at Citigroup (C):\nData by YCharts\nMassive share issuance during the Great Recession has resulted in a 75% earnings per share decline since 2007, even though net profits were up over the same time frame. Looking at the changes in a company's share count thus makes sense, as those changes can have a large impact in the long run. At Palantir, we see that the share count has been rising considerably since the company went public. During the most recent quarter, Palantir's share count looked like this:\nSource: Palantir Press Release\nCompared to the second quarter, Palantir's average share count was 1.895 billion, which makes for a 3.5% quarterly increase, which pencils out to an annual growth rate in the mid-teens. That is, of course, not negligible at all, and bears to have an argument when they state that shareholders get diluted at a meaningful pace. On the other hand, Palantir's business growth rate is way higher than 3% per quarter, as the company has guided for ~40% revenue growth this year, and since Palantir should also deliver outsized business growth in the coming years. Even if Palantir's share count were to climb by 10%-15% a year going forward, revenue per share would still climb by 25%+ a year thanks to the fact that PLTR is growing rapidly. I also believe that dilution will, over the years, decline. Not only has this been the case at many other growth companies, e.g. Amazon (AMZN), Alphabet (GOOG), or Meta (FB), but it is also logical from an option rewards perspective. Option rewards are especially generous when a company is not yet publicly traded and when its future is still more uncertain, but as a company matures, employees get more comfortable as risks for the company decline, and they do not demand large option packages any longer. Last but not least, Palantir also generates strong free cash flows that should allow the company to do share buybacks in the future, which should help improve the dilution rate as well.\n2. Reliance on government contracts\nIn a recent bearish article, fellow Seeking Alpha contributor On The Pulse argued that Palantir was overvalued and that its reliance on government contracts was an issue. Palantir Technologies is, indeed, reliant on government contracts to a large degree today, but I do not believe that this is a major issue. First, Palantir has diversified away from government contracts in the recent past, thanks to massive growth in its commercial business:\nSource: Palantir Technologies presentation\nIn fact, Palantir's commercial business has been growing much faster than its government business in the recent past, which shows that commercial customers from all kinds of industries apparently see a lot of value in Palantir's technology -- otherwise, they wouldn't be buying at a rapid pace. With\nWith the commercial business growth rate outpacing the government business growth rate, Palantir will, over the years, become a company that is less and less dependent on government contracts, and that will ultimately turn into a B2B-focused software/technology player. Even if Palantir were to remain a government-focused company forever, which seems unlikely based on the current growth rates of the individual business units, that would not necessarily be an issue. Working for the government means that there is very little counterparty risk and that existing relations can easily be used to get future contracts. Last but not least, with government budgets rising relatively steadily, good government connections allow for considerable growth opportunities -- especially in the defense tech/security tech space Palantir is active in, as there is a huge need for further investments in this space.\nThe claim that a government focus leads to lacking scalability is also false, I believe. Per Palantir's most recent quarterly report (linked above), its operating expenses rose by $9 million between Q3 2020 and Q3 2021 -- whereas revenues rose by $103 million in the same time frame. This backs out changes in share-based compensation. If one were to include those SBC expenses, Palantir's expenses actuallydeclinedyear-over-year while the company managed to grow its revenue by close to 40%. The claim that Palantir will not generate any scale advantages over the years thus seems to be unfounded, I believe. Instead, the data suggest that Palantir will be able to grow its margins considerably -- the company was able to grow its adjusted gross profit by a massive $90 million while growing its adjusted operating expenses by just $9 million -- making for excellent operating leverage.\n3. Exposure to rising rates\nMassive inflation will force the Fed to raise rates in 2022 and beyond, and that could be an issue for growth stocks. Companies that are not profitable today, or that have the vast majority of their profits in the distant future, are more exposed to a rising discount rate compared to companies that have low or no growth and that generate a large amount of all future profits in the near term. This could result in outperformance of value stocks versus growth stocks in the coming years, I believe. Palantir, which is not profitable yet, naturally belongs in the \"growth\" bucket that could see an above-average impact from rising interest rates. There is no real counter-argument here, I believe -- it is indeed true that the impact of rising rates on Palantir, all else equal, will be larger compared to a value stock like AbbVie (ABBV), for example.\nThis being an incremental negative for Palantir doesn't mean that shares have to be avoided under any circumstances, however. Indeed, even despite some potential headwinds from rising rates, Palantir could still be an attractive investment if other arguments have a larger weight -- I believe this to be true, as I see PLTR's massive growth potential and huge moat outweighing some near-term headwinds from rising rates.\nWhy Palantir Is Still Attractive\nBears bring up a range of arguments against Palantir, and as shown above, those can have merit. I believe that they might be overblown in some cases, but taking a look at the bear's arguments doesn't hurt -- in fact, it seems like a good idea to look at both sides in order to make a more informed decision. Dilution is indeed an issue, although I do not believe that this will be too much of a headwind, since PLTR's business growth easily outpaces dilution and since dilution, overall, should slow down over the years. Government reliance will wane over the years due to an above-average commercial business growth rate, and in general, doing business with the government is not a bad thing anyway. The claim that PLTR lacks scalability seems to be false, from what I see in PLTR's data.\nPalantir is, despite these arguments, attractive, I believe: The company is growing rapidly, has decades-long growth potential in both its government business as well as on the commercial side, and Palantir seems to have a very wide moat. This combination could turn Palantir into one of the largest and most important companies eventually -- although investors shouldn't expect this to happen in the very near term. Instead, I believe that there is a good chance that Palantir will grow at a considerable rate throughout the 2020s and beyond, as our world becomes ever more data-hungry -- both governments, as well as enterprises, will try to get the most value out of all of this data, and Palantir, with its tailored solutions, will be there to offer that value to its customers. With new tools such as the recently-showcased Foundry for crypto, Palantir is at the forefront of all kinds of emerging technologies. Thanks to the fact that Palantir has access to top talent -- the result of SBC and of an excellent working environment-- I believe that there is a good chance that Palantir will be able to be highly competitive in all kinds of future markets in the Big Data/AI space that may not even exist yet.\nTakeaway\nIn general, I am not much of a growth investor -- instead, I primarily focus on attractively priced stocks with strong cash flows, oftentimes those that pay dividends. Palantir, however, is somewhat of an outlier in my portfolio -- it's a growth stock, it is not really profitable yet, and most of its potential is years away. Due to the highly attractive combination of a massive market opportunity, excellent talent, and a wide moat, Palantir still seems like an attractive long-term investment to me. This isn't a stock that will make investors rich quickly, but I believe that there is a very good chance that Palantir will turn into a very dominant, important company over the next 10+ years. At 19x next year's revenue, PLTR is not cheap, but when we expect that the company will grow at a strong rate for many years, that also doesn't seem outlandish to me at all. It makes sense to listen to the bears' arguments, but I believe that the pros outweigh the cons here.","news_type":1,"symbols_score_info":{"PLTR":0.9}},"isVote":1,"tweetType":1,"viewCount":424,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":693817784,"gmtCreate":1640000214667,"gmtModify":1640000214755,"author":{"id":"3573637775957146","authorId":"3573637775957146","name":"4e3cff4a","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3573637775957146","idStr":"3573637775957146"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>&nbsp;share price beaten to death yet theres additional fees. Disgusting stock&nbsp;","listText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>&nbsp;share price beaten to death yet theres additional fees. Disgusting stock&nbsp;","text":"$Tiger Brokers(TIGR)$ share price beaten to death yet theres additional fees. Disgusting stock","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/693817784","isVote":1,"tweetType":1,"viewCount":742,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":699739147,"gmtCreate":1639890079321,"gmtModify":1639890079409,"author":{"id":"3573637775957146","authorId":"3573637775957146","name":"4e3cff4a","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3573637775957146","idStr":"3573637775957146"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/GME\">$GameStop(GME)$</a>&nbsp;i love this stock","listText":"<a href=\"https://laohu8.com/S/GME\">$GameStop(GME)$</a>&nbsp;i love this stock","text":"$GameStop(GME)$ i love this stock","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/699739147","isVote":1,"tweetType":1,"viewCount":550,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":606664740,"gmtCreate":1638873413980,"gmtModify":1638873622895,"author":{"id":"3573637775957146","authorId":"3573637775957146","name":"4e3cff4a","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3573637775957146","idStr":"3573637775957146"},"themes":[],"htmlText":"I would like tiger to buyback its shares so i can recoup my losses from buying UP FINTECH","listText":"I would like tiger to buyback its shares so i can recoup my losses from buying UP FINTECH","text":"I would like tiger to buyback its shares so i can recoup my losses from buying UP FINTECH","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/606664740","repostId":"601610582","repostType":1,"repost":{"id":601610582,"gmtCreate":1638521571643,"gmtModify":1638861858944,"author":{"id":"3585780691540522","authorId":"3585780691540522","name":"FundMall","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3585780691540522","idStr":"3585780691540522"},"themes":[],"title":"Fund Mall Activity: Win 1000 tiger coins","htmlText":"Pssssssst.&nbsp;Something&nbsp;big&nbsp;is&nbsp;coming!&nbsp;😱 Tiger&nbsp;Brokers&nbsp;will&nbsp;be&nbsp;hosting&nbsp;our&nbsp;very&nbsp;first&nbsp;physical&nbsp;and&nbsp;virtual&nbsp;event&nbsp;in&nbsp;january&nbsp;and&nbsp;we&nbsp;would&nbsp;like&nbsp;you&nbsp;to&nbsp;participate&nbsp;in&nbsp;the&nbsp;preparation&nbsp;of&nbsp;this&nbsp;event!&nbsp;To&nbsp;thank&nbsp;you&nbsp;for&nbsp;helping&nbsp;us&nbsp;in&nbsp;the&nbsp;event,&nbsp;we&nbsp;will&nbsp;be&nbsp;giving&nbsp;away&nbsp;1000&nbsp;tiger&nbsp;coins!&nbsp; How&nbsp;to&nbsp;win&nbsp;this&nbsp;1000&nbsp;tiger&nbsp;coins?&nbsp;😍 Simply&nbsp;comment&nbsp;below&nbsp;your&nbsp;burning&nbsp;topics&nbsp;and&nbsp;questions&nbsp;that&nbsp;you&nbsp;would&nbsp;like&nbsp;us&nbsp;to&nbsp;share&nbsp;during&nbsp;our&nbsp;WWTD&nbsp;event.&nbsp; Oh","listText":"Pssssssst.&nbsp;Something&nbsp;big&nbsp;is&nbsp;coming!&nbsp;😱 Tiger&nbsp;Brokers&nbsp;will&nbsp;be&nbsp;hosting&nbsp;our&nbsp;very&nbsp;first&nbsp;physical&nbsp;and&nbsp;virtual&nbsp;event&nbsp;in&nbsp;january&nbsp;and&nbsp;we&nbsp;would&nbsp;like&nbsp;you&nbsp;to&nbsp;participate&nbsp;in&nbsp;the&nbsp;preparation&nbsp;of&nbsp;this&nbsp;event!&nbsp;To&nbsp;thank&nbsp;you&nbsp;for&nbsp;helping&nbsp;us&nbsp;in&nbsp;the&nbsp;event,&nbsp;we&nbsp;will&nbsp;be&nbsp;giving&nbsp;away&nbsp;1000&nbsp;tiger&nbsp;coins!&nbsp; How&nbsp;to&nbsp;win&nbsp;this&nbsp;1000&nbsp;tiger&nbsp;coins?&nbsp;😍 Simply&nbsp;comment&nbsp;below&nbsp;your&nbsp;burning&nbsp;topics&nbsp;and&nbsp;questions&nbsp;that&nbsp;you&nbsp;would&nbsp;like&nbsp;us&nbsp;to&nbsp;share&nbsp;during&nbsp;our&nbsp;WWTD&nbsp;event.&nbsp; Oh","text":"Pssssssst. Something big is coming! 😱 Tiger Brokers will be hosting our very first physical and virtual event in january and we would like you to participate in the preparation of this event! To thank you for helping us in the event, we will be giving away 1000 tiger coins! How to win this 1000 tiger coins? 😍 Simply comment below your burning topics and questions that you would like us to share during our WWTD event. Oh","images":[],"top":1,"highlighted":2,"essential":2,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/601610582","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"subType":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":308,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":608685962,"gmtCreate":1638713466338,"gmtModify":1638713466500,"author":{"id":"3573637775957146","authorId":"3573637775957146","name":"4e3cff4a","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3573637775957146","idStr":"3573637775957146"},"themes":[],"htmlText":"$SINGTEL(Z74.SI)$ thanks for the tidy profit, stinktel!&nbsp;","listText":"$SINGTEL(Z74.SI)$ thanks for the tidy profit, stinktel!&nbsp;","text":"$SINGTEL(Z74.SI)$ thanks for the tidy profit, stinktel!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/608685962","repostId":"847304178","repostType":1,"repost":{"id":847304178,"gmtCreate":1636479109994,"gmtModify":1636479110104,"author":{"id":"3573637775957146","authorId":"3573637775957146","name":"4e3cff4a","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3573637775957146","idStr":"3573637775957146"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/Z74.SI\">$SINGTEL(Z74.SI)$</a>&nbsp;shorting this stock, singtel is doom and gloom","listText":"<a href=\"https://laohu8.com/S/Z74.SI\">$SINGTEL(Z74.SI)$</a>&nbsp;shorting this stock, singtel is doom and gloom","text":"$SINGTEL(Z74.SI)$ shorting this stock, singtel is doom and gloom","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/847304178","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":423,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":601470570,"gmtCreate":1638551842482,"gmtModify":1638551842482,"author":{"id":"3573637775957146","authorId":"3573637775957146","name":"4e3cff4a","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3573637775957146","idStr":"3573637775957146"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/GME\">$GameStop(GME)$</a>&nbsp;b b b b b b b b&nbsp;","listText":"<a href=\"https://laohu8.com/S/GME\">$GameStop(GME)$</a>&nbsp;b b b b b b b b&nbsp;","text":"$GameStop(GME)$ b b b b b b b b","images":[{"img":"https://static.tigerbbs.com/3c2209810578513c057ae6112437c230","width":"720","height":"1560"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":3,"repostSize":1,"link":"https://laohu8.com/post/601470570","isVote":1,"tweetType":1,"viewCount":796,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":601229803,"gmtCreate":1638537070537,"gmtModify":1638537125023,"author":{"id":"3573637775957146","authorId":"3573637775957146","name":"4e3cff4a","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3573637775957146","idStr":"3573637775957146"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/GRAB\">$Grab Holdings(GRAB)$</a>&nbsp;rubbish company that is unsustainable, burning too much and fierce competition is not leaving. Dont buy into this trap.&nbsp;","listText":"<a href=\"https://laohu8.com/S/GRAB\">$Grab Holdings(GRAB)$</a>&nbsp;rubbish company that is unsustainable, burning too much and fierce competition is not leaving. Dont buy into this trap.&nbsp;","text":"$Grab Holdings(GRAB)$ rubbish company that is unsustainable, burning too much and fierce competition is not leaving. Dont buy into this trap.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/601229803","isVote":1,"tweetType":1,"viewCount":808,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":601667737,"gmtCreate":1638523764824,"gmtModify":1638524348499,"author":{"id":"3573637775957146","authorId":"3573637775957146","name":"4e3cff4a","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3573637775957146","idStr":"3573637775957146"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/MRVL\">$Marvell Technology(MRVL)$</a>&nbsp;just watch eternals, i think marvel will be the next disney.&nbsp;","listText":"<a href=\"https://laohu8.com/S/MRVL\">$Marvell Technology(MRVL)$</a>&nbsp;just watch eternals, i think marvel will be the next disney.&nbsp;","text":"$Marvell Technology(MRVL)$ just watch eternals, i think marvel will be the next disney.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/601667737","isVote":1,"tweetType":1,"viewCount":678,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":601075553,"gmtCreate":1638465871886,"gmtModify":1638465871886,"author":{"id":"3573637775957146","authorId":"3573637775957146","name":"4e3cff4a","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3573637775957146","idStr":"3573637775957146"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/GRAB\">$Grab Holdings(GRAB)$</a>&nbsp;just cut ur losses, anyone using the app would know that the business will never be worth anything more than 15B...","listText":"<a href=\"https://laohu8.com/S/GRAB\">$Grab Holdings(GRAB)$</a>&nbsp;just cut ur losses, anyone using the app would know that the business will never be worth anything more than 15B...","text":"$Grab Holdings(GRAB)$ just cut ur losses, anyone using the app would know that the business will never be worth anything more than 15B...","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/601075553","isVote":1,"tweetType":1,"viewCount":3176,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":601019036,"gmtCreate":1638458942728,"gmtModify":1638458942728,"author":{"id":"3573637775957146","authorId":"3573637775957146","name":"4e3cff4a","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3573637775957146","idStr":"3573637775957146"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/GRAB\">$Grab Holdings(GRAB)$</a>&nbsp;the app is trash, worth less than 15b mkt cap","listText":"<a href=\"https://laohu8.com/S/GRAB\">$Grab Holdings(GRAB)$</a>&nbsp;the app is trash, worth less than 15b mkt cap","text":"$Grab Holdings(GRAB)$ the app is trash, worth less than 15b mkt cap","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/601019036","isVote":1,"tweetType":1,"viewCount":417,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":609174543,"gmtCreate":1638259772976,"gmtModify":1638259772976,"author":{"id":"3573637775957146","authorId":"3573637775957146","name":"4e3cff4a","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3573637775957146","idStr":"3573637775957146"},"themes":[],"htmlText":"Looks like tonight moon?&nbsp;","listText":"Looks like tonight moon?&nbsp;","text":"Looks like tonight moon?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/609174543","repostId":"1106311782","repostType":2,"repost":{"id":"1106311782","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1638259223,"share":"https://www.laohu8.com/m/news/1106311782?lang=zh_CN&edition=full","pubTime":"2021-11-30 16:00","market":"us","language":"en","title":"Tiger Brokers Achieved Annual Target for New Account Growth, Over 80% Of Newly Funded Accounts Came from Overseas in Q3<blockquote>老虎证券实现年度新增账户增长目标Q3新增资金账户超八成来自海外</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1106311782","media":"Tiger Newspress","summary":"Tiger Brokers, a leading online brokerage firm focusing on global investors, today reported its unau","content":"<p>Tiger Brokers, a leading online brokerage firm focusing on global investors, today reported its unaudited financial results for the third quarter ended September 30, 2021. Total revenues were US$60.8 million, a 59.6% increase from the third quarter of 2020. Non-GAAP net income was US$5.3 million.</p><p><blockquote>专注于全球投资者的领先在线经纪公司老虎证券今天公布了截至2021年9月30日的第三季度未经审计的财务业绩。总收入为6080万美元，较2020年第三季度增长59.6%。非公认会计准则净利润为530万美元。</blockquote></p><p> In the quarter, the Company's internationalization strategy demonstrated substantial progress. By the end of the third quarter, customer accounts increased by 117,800 to 1.77 million, nearly twice that of the same period last year. The number of customers with deposits increased to 612,000, nearly 3 times that of the same period last year. Notably, over 80% of newly funded accounts in Q3 came from overseas. The Company has acquired 353,300 funded accounts this year, surpassing the 350,000 new funded account guidance it set out earlier this year.</p><p><blockquote>本季度，公司国际化战略取得实质性进展。截至三季度末，客户账户增加11.78万户至177万户，是去年同期的近两倍。存款客户增至61.2万户，是去年同期的近3倍。值得注意的是，第三季度超过80%的新融资账户来自海外。该公司今年已收购353,300个资助账户，超过了今年早些时候制定的350,000个新资助账户指导。</blockquote></p><p> Mr. Wu Tianhua, CEO of Tiger Brokers commented, “An important step in our mission to become a leading global broker is our upcoming expansion in Hong Kong; we have now obtained Type I (Dealing in Securities) and Type II (Dealing in Futures Contracts) licenses from the Hong Kong Securities and Futures Commission. Meanwhile, as the first online brokerage with SGX memberships across securities trading and clearing, securities depository, and derivatives trading, the Company is able to provide more services to local investors which further strengthens our presence in Singapore. Looking forward, we are confident that our industry-leading focus on advancing brokerage technology and delivering a superior user experience, coupled with our strong emphasis on compliance, will help us stand out from the crowd.”</p><p><blockquote>老虎证券首席执行官巫天华先生评论说：“我们成为全球领先经纪商的使命的重要一步是我们即将在香港扩张；我们现已获得香港证券及期货事务监察委员会的I类（证券交易）和II类（期货合约交易）牌照。同时，作为首家拥有新交所会员资格的证券交易和结算、证券存管和衍生品交易的在线经纪公司，该公司能够为当地投资者提供更多服务，这进一步加强了我们在新加坡的影响力。展望未来，我们相信，我们对推进经纪技术和提供卓越用户体验的行业领先关注，加上我们对合规性的高度重视，将帮助我们脱颖而出。”</blockquote></p><p> <a href=\"https://www.globenewswire.com/news-release/2021/11/30/2342675/0/en/UP-Fintech-Holding-Limited-Reports-Unaudited-Third-Quarter-2021-Financial-Results.html\" target=\"_blank\"><b>Press Release</b></a><b></b></p><p><blockquote><a href=\"https://www.globenewswire.com/news-release/2021/11/30/2342675/0/en/UP-Fintech-Holding-Limited-Reports-Unaudited-Third-Quarter-2021-Financial-Results.html\" target=\"_blank\"><b>新闻稿</b></a><b></b></blockquote></p><p> <b>Exceeded Full-Year Funded Accounts Guidance Over 70% of Clients’ US Cash Equity Trades Are Self-Cleared</b></p><p><blockquote><b>超过全年资金账户指引超过70%的客户美国现金股票交易是自我清算的</b></blockquote></p><p> The third quarter results corroborated the success of the Company's internationalization strategy with global customer accounts reaching 1.77 million and the number of customer accounts with deposits reaching 612,000. In the first nine months of the year, the Company acquired 353,300 newly funded accounts which exceeded the annual guidance set forth at the beginning of the year. Total securities trading volume increased by 47.4% year over year to US$92.6 billion, and total account balance was US$20.6 billion, an increase of 88.3% year over year. The Company’s core brokerage business achieved steady growth. Commission income was US$33.5 million, a year over year increase of 72.0% and interest-related income was US$20.1 million, a year over year increase of 105.1%.</p><p><blockquote>第三季度业绩证实了公司国际化战略的成功，全球客户账户达到177万个，存款客户账户数量达到61.2万个。今年前9个月，该公司获得了35.33万个新资金账户，超过了年初制定的年度指导。证券交易总额同比增长47.4%至926亿美元，账户余额总额为206亿美元，同比增长88.3%。公司核心经纪业务实现稳健增长。佣金收入为3350万美元，同比增长72.0%，利息相关收入为2010万美元，同比增长105.1%。</blockquote></p><p> Tiger Brokers continued to expand the products and services available on its comprehensive fintech platform. For options traders, the Company's flagship trading App, Tiger Trade, launched options paper trading to help new investors learn about options. It also added a Covered Call function to reduce option traders' margin requirements. For US stock investors, the Company launched new functions such as tables of pre &amp; post market movers and daily short volume to help investors better capture market opportunities. The Company in total provided 28 IPO subscriptions in the third quarter, such as Li Auto (HK:2015) and Helens (HK:9869). To meet retail investors’ interest to subscribe to Hong Kong IPOs, the Company added new trading coupons such as zero-margin financing coupons and fee reduction coupons. Meanwhile, Tiger Brokers’ online investor community, the Tiger Community, added more investing courses for beginners, helping them identify and analyze promising global opportunities.</p><p><blockquote>老虎证券继续扩展其综合金融科技平台上提供的产品和服务。对于期权交易者，该公司的旗舰交易应用Tiger Trade推出了期权纸上交易，以帮助新投资者了解期权。它还增加了备兑看涨期权功能，以降低期权交易者的保证金要求。针对美股投资者，公司推出了盘前盘后走势表、每日空头成交量等新功能，帮助投资者更好地捕捉市场机会。该公司在第三季度总共提供了28份IPO认购，例如理想汽车（HK：2015）和海伦司（HK：9869）。为满足散户认购港股IPO的兴趣，公司新增零保证金融资券、减费券等交易券。与此同时，老虎证券的在线投资者社区老虎社区为初学者增加了更多投资课程，帮助他们识别和分析有前途的全球机会。</blockquote></p><p> The Company’s wealth management business grew steadily in the quarter as more clients used the Fund Mall and Cash Plus. Assets under management (AUM)increased by 98.0% year over year and the number of clients increased by 153.1% year over year. Leveraging its global client base, Tiger&nbsp;Brokers&nbsp;bolstered its cooperation with&nbsp;top international&nbsp;asset managers; the Fund Mall added 40 new funds in the third quarter, among which Asia-focused equity funds were particularly popular. To meet growing client demand for global wealth management, the Company continued to develop new functions for its systematic investment plan, which clients use to automatically invest a predetermined sum in their favorite funds each month.</p><p><blockquote>随着更多客户使用基金商城和Cash Plus，该公司的财富管理业务在本季度稳步增长。管理资产（AUM）同比增长98.0%，客户数量同比增长153.1%。老虎证券依托全球客户群，加强与国际顶级资产管理公司的合作；基金商城三季度新增40只基金，其中聚焦亚洲的股票型基金尤其受欢迎。为满足客户对全球财富管理日益增长的需求，公司继续为其系统投资计划开发新功能，客户使用该计划每月自动将预定金额投资于他们喜爱的基金。</blockquote></p><p></p><p> As a company that prides itself on innovation, Tiger Brokers continued to actively invest in research and development for its proprietary technologies. By the end of the third quarter, over 70% of clients were having their U.S. cash equities trades cleared by TradeUP Securities Inc. (formerly known as Marsco Investment Corporation). With its solid track record of successful innovation, the Company won the 2021 Ram Charan Innovation and Entrepreneurship Practice Award by the Harvard Business Review.</p><p><blockquote>作为一家以创新为荣的公司，老虎证券继续积极投资于其专有技术的研发。截至第三季度末，超过70%的客户的美国现金股票交易由TradeUP Securities Inc.（前身为Marsco Investment Corporation）清算。凭借其成功创新的坚实记录，该公司获得了《哈佛商业评论》颁发的2021年拉姆·查兰创新和创业实践奖。</blockquote></p><p> <b>Over 80% Of New Funded Accounts from Overseas Acquired New Licenses and Qualifications in Hong Kong and Singapore</b></p><p><blockquote><b>超过80%来自海外的新基金账户在香港和新加坡获得了新的执照和资格</b></blockquote></p><p> Tiger Brokers' internationalization strategy has achieved remarkable results. Over 80% of its newly funded accounts came from outside China during the third quarter.</p><p><blockquote>老虎证券国际化战略成效显著。第三季度，超过80%的新融资账户来自中国境外。</blockquote></p><p> In Singapore, Tiger Brokers offered new futures products including those from Eurex Exchange. Tiger Brokers currently offers futures from six major exchanges in the U.S., Europe and Asia, leading the industry by the number of futures available for trading on its platform. In July, in cooperation with Lion Global Investors, it also helped raise financing for Singapore's first dividend-paying China-focused ETF. Retail investors were able to subscribe for units via Tiger Trade, which reduced the threshold for Singapore investors to increase their allocation to China.</p><p><blockquote>在新加坡，老虎证券推出了新的期货产品，包括欧洲期货交易所的产品。老虎证券目前提供美国、欧洲和亚洲六大交易所的期货，在其平台上可交易的期货数量方面领先行业。7月，它还与Lion Global Investors合作，帮助新加坡首只以中国为重点的派息ETF融资。散户投资者可以通过Tiger Trade认购单位，这降低了新加坡投资者增加中国配置的门槛。</blockquote></p><p> In addition, the Company launched its business-to-business (B2B) corporate services in Singapore, where Tiger Brokers provides clients with technological solutions that include advanced portfolio and risk management tools. To further promote the Company's presence in Singapore and current strategic global expansion plans, the Company has decided to establish a dual headquarters in Singapore.</p><p><blockquote>此外，该公司在新加坡推出了企业对企业（B2B）企业服务，老虎证券在新加坡为客户提供技术解决方案，包括先进的投资组合和风险管理工具。为进一步推动公司在新加坡的业务和当前的全球战略扩张计划，公司决定在新加坡设立双总部。</blockquote></p><p> In New Zealand, the Company's growth potential was well recognized by the industry. Tiger Brokers NZ was recognized by APAC Business Headlines as New Zealand’s Most Influential FinTech Company 2021. It also has been named as the 2021 Deloitte Fast 50 fastest-growing company in New Zealand.</p><p><blockquote>在新西兰，该公司的增长潜力得到了业界的认可。老虎证券新西兰被APAC商业头条评为2021年新西兰最具影响力的金融科技公司。它还被评为2021年德勤新西兰增长最快的50家公司。</blockquote></p><p> The Company will continue to solidify its position as an industry-leading online broker by executing on its global expansion strategy and expanding its client base. By acquiring a local firm licensed with the Hong Kong Securities and Futures Commission for Type I (Dealing in Securities) and Type II (Dealing in Futures Contracts) regulated activities, the Company will be able to tap into the Hong Kong market to drive further growth. In Singapore, the Company also received approval to be admitted as a Trading Member of Singapore Exchange Securities Trading Limited (\"SGX-ST\") and Singapore Exchange Derivatives Trading Limited (“SGX-DT\") and a Clearing Member as well as aDepositoryAgent of The Central Depository (Pte) Limited (“CDP”) from Singapore Exchange Ltd (“SGX”). As of now, the Company holds 46 licenses and qualificationsacross 36 categoriesin Hong KongSAR, Singapore, The U.S., New Zealand, and Australia, laying a solid foundation for long-term growth.</p><p><blockquote>公司将继续通过执行其全球扩张战略和扩大其客户群来巩固其作为行业领先在线经纪商的地位。透过收购一间获香港证券及期货事务监察委员会发牌从事第一类（证券交易）及第二类（期货合约交易）受规管活动的本地公司，本公司将可进军香港市场，推动进一步增长。在新加坡，本公司还获得新加坡证券交易有限公司（“SGX-ST”）和新加坡衍生品交易有限公司（“SGX-DT”）的交易会员以及新加坡交易所有限公司（“SGX”）中央存管（私人）有限公司（“CDP”）的结算会员和存管代理。截至目前，本公司在香港特区、新加坡、美国、新西兰和澳大利亚拥有36个类别的46个牌照和资格，为长期增长奠定了坚实的基础。</blockquote></p><p> <b>262 ESOP Clients as of Q3 Digital ESOP Solutions to Assist More Companies</b></p><p><blockquote><b>截至第三季度，已有262家ESOP客户数字化ESOP解决方案帮助更多公司</b></blockquote></p><p> Other income, mainly derived from investment banking and ESOP (Employee Stock Incentive Plan), was US$7.18 million in the third quarter. Despite short-term market uncertainty, the Company continued to grow its robust pipeline of prospective issuers.</p><p><blockquote>其他收入，主要来自投资银行业务和ESOP（员工股票激励计划），第三季度为718万美元。尽管短期市场存在不确定性，该公司仍继续扩大其强大的潜在发行人渠道。</blockquote></p><p> On the investment banking side of the business, the Company continues to develop its core underwriting capability as well as its equity research offerings. By leveraging its detailed knowledge of the Chinese market, the Company served as an underwriter for the international offering of XPeng’s (HK: 9868) dual primary listing in Hong Kong, and also provided substantial subscription orders for several other issuers. In the third quarter, the Company participated in 4 U.S. IPOs. In addition, Tiger Brokers assisted an issuer attract additional investment in excess of HK$200 million (US$26 million) after its listing. The Company also released equity research reports covering renowned companies such as Alibaba (NYSE: BABA) and Baidu (NASDAQ: BIDU) during the quarter.</p><p><blockquote>在投资银行业务方面，该公司继续发展其核心承销能力以及股票研究产品。凭借对中国市场的详细了解，该公司担任了小鹏汽车（HK：9868）在香港双重主要上市的国际发售承销商，还为其他几家发行人提供了大量认购订单。三季度，公司参与了4宗美国IPO。此外，老虎证券还协助一家发行人在上市后吸引了超过2亿港元（2600万美元）的额外投资。该公司还在本季度发布了涵盖阿里巴巴-SW（纽约证券交易所股票代码：BABA）和百度（纳斯达克股票代码：BIDU）等知名公司的股票研究报告。</blockquote></p><p> The Company's investment banking business formally launched its Financial Advisory service and cooperated with over 20 emerging companies across various sectors during the quarter. With its strong market insights and technological prowess, Tiger Brokers is naturally more connected to these companies and can offer a comprehensive suite of solutions specific to their needs, all while assisting them increase their international presence.</p><p><blockquote>本季度，公司投行业务正式推出财务顾问服务，与20多家行业新兴公司合作。凭借其强大的市场洞察力和技术实力，老虎证券自然与这些公司的联系更加紧密，可以根据他们的需求提供一套全面的解决方案，同时帮助他们增加国际影响力。</blockquote></p><p></p><p> A growing number of firms are using equity incentives to motivate their employees and increase their long-term competitiveness. Tiger Brokers, with its proprietary ESOP system, employs digitization to assist corporate clients better manage their employee equity programs. In the third quarter, Tiger ESOP continued to enhance the client experience by adding functions such as share lock-up management for H-share &amp; A-share companies as well as the ability to retrace historical data.</p><p><blockquote>越来越多的公司正在使用股权激励来激励员工并提高其长期竞争力。老虎证券凭借其专有的员工持股计划系统，利用数字化来帮助企业客户更好地管理其员工股权计划。第三季度，老虎ESOP通过增加H股和A股公司的股份锁定管理以及历史数据追溯等功能，持续提升客户体验。</blockquote></p><p> Tiger ESOP continues to be trusted by a growing client base; the total number of clients increased to 262 as the Company added 46 new ESOP clients in the third quarter. For the first three quarters of 2021, the total number of new ESOP clients climbed by 266.7% as compared to the same period last year. The swift rate of ESOP adoption is evidence of the Company’s ability to meet the needs of innovative, next generation clients.</p><p><blockquote>老虎员工持股计划继续受到不断增长的客户群的信任；随着公司第三季度新增46家员工持股计划客户，客户总数增至262家。2021年前三季度，员工持股计划新增客户总数同比增长266.7%。员工持股计划的迅速采用证明了该公司有能力满足创新型下一代客户的需求。</blockquote></p><p> In the third quarter, 53 companies such as Lufax (NYSE:LU) and Wuling Motors (HK:0305) opened Enterprise Accounts on Tiger Brokers’ online community. The Company also assisted Xiaomi (HK:1810) and Cloopen (NYSE: RAAS) target a wide spectrum of investors through livestreams, digital infographics, and marketing activities, boosting client awareness of their brands and official events. In total, both firms' digital campaigns in the Tiger community received over one million pageviews each. In addition, Tiger Brokers assisted Lenovo (HK: 0992) and 24 other innovative firms host an online roadshow that connected them with an audience of nearly 100 institutional investors and over 600 analysts and high net worth individuals.</p><p><blockquote>第三季度，陆金所（NYSE：LU）、五菱汽车（HK：0305）等53家公司在老虎证券在线社区开设了企业账户。该公司还通过直播、数字信息图表和营销活动帮助小米（HK：1810）和Cloopen（NYSE：RAAS）瞄准广泛的投资者，提高客户对其品牌和官方活动的认知度。总的来说，两家公司在Tiger社区的数字活动都获得了超过100万的浏览量。此外，老虎证券还协助联想（HK：0992）和其他24家创新公司举办了在线路演，将他们与近100名机构投资者、600多名分析师和高净值人士联系起来。</blockquote></p><p> In order to further enhance the efficiency of communication between listed companies and investors, the Company’s Enterprise Account Platform recently launched a digital dashboard, providing corporate clients with one-stop services that comprise media content and community post analysis. Meanwhile, the Company launched the industry’s first investor Q&amp;A function for HK and US listed companies, increasing engagement and ease of interaction between corporates and their investors.</p><p><blockquote>为进一步提升上市公司与投资者的沟通效率，公司企业账户平台近期推出数字化仪表盘，为企业客户提供包括媒体内容和社区帖子分析在内的一站式服务。同时，公司推出业内首个面向香港和美国上市公司的投资者问答功能，增加了企业与投资者之间的参与度和互动便利性。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tiger Brokers Achieved Annual Target for New Account Growth, Over 80% Of Newly Funded Accounts Came from Overseas in Q3<blockquote>老虎证券实现年度新增账户增长目标Q3新增资金账户超八成来自海外</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTiger Brokers Achieved Annual Target for New Account Growth, Over 80% Of Newly Funded Accounts Came from Overseas in Q3<blockquote>老虎证券实现年度新增账户增长目标Q3新增资金账户超八成来自海外</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time smaller\">2021-11-30 16:00</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>Tiger Brokers, a leading online brokerage firm focusing on global investors, today reported its unaudited financial results for the third quarter ended September 30, 2021. Total revenues were US$60.8 million, a 59.6% increase from the third quarter of 2020. Non-GAAP net income was US$5.3 million.</p><p><blockquote>专注于全球投资者的领先在线经纪公司老虎证券今天公布了截至2021年9月30日的第三季度未经审计的财务业绩。总收入为6080万美元，较2020年第三季度增长59.6%。非公认会计准则净利润为530万美元。</blockquote></p><p> In the quarter, the Company's internationalization strategy demonstrated substantial progress. By the end of the third quarter, customer accounts increased by 117,800 to 1.77 million, nearly twice that of the same period last year. The number of customers with deposits increased to 612,000, nearly 3 times that of the same period last year. Notably, over 80% of newly funded accounts in Q3 came from overseas. The Company has acquired 353,300 funded accounts this year, surpassing the 350,000 new funded account guidance it set out earlier this year.</p><p><blockquote>本季度，公司国际化战略取得实质性进展。截至三季度末，客户账户增加11.78万户至177万户，是去年同期的近两倍。存款客户增至61.2万户，是去年同期的近3倍。值得注意的是，第三季度超过80%的新融资账户来自海外。该公司今年已收购353,300个资助账户，超过了今年早些时候制定的350,000个新资助账户指导。</blockquote></p><p> Mr. Wu Tianhua, CEO of Tiger Brokers commented, “An important step in our mission to become a leading global broker is our upcoming expansion in Hong Kong; we have now obtained Type I (Dealing in Securities) and Type II (Dealing in Futures Contracts) licenses from the Hong Kong Securities and Futures Commission. Meanwhile, as the first online brokerage with SGX memberships across securities trading and clearing, securities depository, and derivatives trading, the Company is able to provide more services to local investors which further strengthens our presence in Singapore. Looking forward, we are confident that our industry-leading focus on advancing brokerage technology and delivering a superior user experience, coupled with our strong emphasis on compliance, will help us stand out from the crowd.”</p><p><blockquote>老虎证券首席执行官巫天华先生评论说：“我们成为全球领先经纪商的使命的重要一步是我们即将在香港扩张；我们现已获得香港证券及期货事务监察委员会的I类（证券交易）和II类（期货合约交易）牌照。同时，作为首家拥有新交所会员资格的证券交易和结算、证券存管和衍生品交易的在线经纪公司，该公司能够为当地投资者提供更多服务，这进一步加强了我们在新加坡的影响力。展望未来，我们相信，我们对推进经纪技术和提供卓越用户体验的行业领先关注，加上我们对合规性的高度重视，将帮助我们脱颖而出。”</blockquote></p><p> <a href=\"https://www.globenewswire.com/news-release/2021/11/30/2342675/0/en/UP-Fintech-Holding-Limited-Reports-Unaudited-Third-Quarter-2021-Financial-Results.html\" target=\"_blank\"><b>Press Release</b></a><b></b></p><p><blockquote><a href=\"https://www.globenewswire.com/news-release/2021/11/30/2342675/0/en/UP-Fintech-Holding-Limited-Reports-Unaudited-Third-Quarter-2021-Financial-Results.html\" target=\"_blank\"><b>新闻稿</b></a><b></b></blockquote></p><p> <b>Exceeded Full-Year Funded Accounts Guidance Over 70% of Clients’ US Cash Equity Trades Are Self-Cleared</b></p><p><blockquote><b>超过全年资金账户指引超过70%的客户美国现金股票交易是自我清算的</b></blockquote></p><p> The third quarter results corroborated the success of the Company's internationalization strategy with global customer accounts reaching 1.77 million and the number of customer accounts with deposits reaching 612,000. In the first nine months of the year, the Company acquired 353,300 newly funded accounts which exceeded the annual guidance set forth at the beginning of the year. Total securities trading volume increased by 47.4% year over year to US$92.6 billion, and total account balance was US$20.6 billion, an increase of 88.3% year over year. The Company’s core brokerage business achieved steady growth. Commission income was US$33.5 million, a year over year increase of 72.0% and interest-related income was US$20.1 million, a year over year increase of 105.1%.</p><p><blockquote>第三季度业绩证实了公司国际化战略的成功，全球客户账户达到177万个，存款客户账户数量达到61.2万个。今年前9个月，该公司获得了35.33万个新资金账户，超过了年初制定的年度指导。证券交易总额同比增长47.4%至926亿美元，账户余额总额为206亿美元，同比增长88.3%。公司核心经纪业务实现稳健增长。佣金收入为3350万美元，同比增长72.0%，利息相关收入为2010万美元，同比增长105.1%。</blockquote></p><p> Tiger Brokers continued to expand the products and services available on its comprehensive fintech platform. For options traders, the Company's flagship trading App, Tiger Trade, launched options paper trading to help new investors learn about options. It also added a Covered Call function to reduce option traders' margin requirements. For US stock investors, the Company launched new functions such as tables of pre &amp; post market movers and daily short volume to help investors better capture market opportunities. The Company in total provided 28 IPO subscriptions in the third quarter, such as Li Auto (HK:2015) and Helens (HK:9869). To meet retail investors’ interest to subscribe to Hong Kong IPOs, the Company added new trading coupons such as zero-margin financing coupons and fee reduction coupons. Meanwhile, Tiger Brokers’ online investor community, the Tiger Community, added more investing courses for beginners, helping them identify and analyze promising global opportunities.</p><p><blockquote>老虎证券继续扩展其综合金融科技平台上提供的产品和服务。对于期权交易者，该公司的旗舰交易应用Tiger Trade推出了期权纸上交易，以帮助新投资者了解期权。它还增加了备兑看涨期权功能，以降低期权交易者的保证金要求。针对美股投资者，公司推出了盘前盘后走势表、每日空头成交量等新功能，帮助投资者更好地捕捉市场机会。该公司在第三季度总共提供了28份IPO认购，例如理想汽车（HK：2015）和海伦司（HK：9869）。为满足散户认购港股IPO的兴趣，公司新增零保证金融资券、减费券等交易券。与此同时，老虎证券的在线投资者社区老虎社区为初学者增加了更多投资课程，帮助他们识别和分析有前途的全球机会。</blockquote></p><p> The Company’s wealth management business grew steadily in the quarter as more clients used the Fund Mall and Cash Plus. Assets under management (AUM)increased by 98.0% year over year and the number of clients increased by 153.1% year over year. Leveraging its global client base, Tiger&nbsp;Brokers&nbsp;bolstered its cooperation with&nbsp;top international&nbsp;asset managers; the Fund Mall added 40 new funds in the third quarter, among which Asia-focused equity funds were particularly popular. To meet growing client demand for global wealth management, the Company continued to develop new functions for its systematic investment plan, which clients use to automatically invest a predetermined sum in their favorite funds each month.</p><p><blockquote>随着更多客户使用基金商城和Cash Plus，该公司的财富管理业务在本季度稳步增长。管理资产（AUM）同比增长98.0%，客户数量同比增长153.1%。老虎证券依托全球客户群，加强与国际顶级资产管理公司的合作；基金商城三季度新增40只基金，其中聚焦亚洲的股票型基金尤其受欢迎。为满足客户对全球财富管理日益增长的需求，公司继续为其系统投资计划开发新功能，客户使用该计划每月自动将预定金额投资于他们喜爱的基金。</blockquote></p><p></p><p> As a company that prides itself on innovation, Tiger Brokers continued to actively invest in research and development for its proprietary technologies. By the end of the third quarter, over 70% of clients were having their U.S. cash equities trades cleared by TradeUP Securities Inc. (formerly known as Marsco Investment Corporation). With its solid track record of successful innovation, the Company won the 2021 Ram Charan Innovation and Entrepreneurship Practice Award by the Harvard Business Review.</p><p><blockquote>作为一家以创新为荣的公司，老虎证券继续积极投资于其专有技术的研发。截至第三季度末，超过70%的客户的美国现金股票交易由TradeUP Securities Inc.（前身为Marsco Investment Corporation）清算。凭借其成功创新的坚实记录，该公司获得了《哈佛商业评论》颁发的2021年拉姆·查兰创新和创业实践奖。</blockquote></p><p> <b>Over 80% Of New Funded Accounts from Overseas Acquired New Licenses and Qualifications in Hong Kong and Singapore</b></p><p><blockquote><b>超过80%来自海外的新基金账户在香港和新加坡获得了新的执照和资格</b></blockquote></p><p> Tiger Brokers' internationalization strategy has achieved remarkable results. Over 80% of its newly funded accounts came from outside China during the third quarter.</p><p><blockquote>老虎证券国际化战略成效显著。第三季度，超过80%的新融资账户来自中国境外。</blockquote></p><p> In Singapore, Tiger Brokers offered new futures products including those from Eurex Exchange. Tiger Brokers currently offers futures from six major exchanges in the U.S., Europe and Asia, leading the industry by the number of futures available for trading on its platform. In July, in cooperation with Lion Global Investors, it also helped raise financing for Singapore's first dividend-paying China-focused ETF. Retail investors were able to subscribe for units via Tiger Trade, which reduced the threshold for Singapore investors to increase their allocation to China.</p><p><blockquote>在新加坡，老虎证券推出了新的期货产品，包括欧洲期货交易所的产品。老虎证券目前提供美国、欧洲和亚洲六大交易所的期货，在其平台上可交易的期货数量方面领先行业。7月，它还与Lion Global Investors合作，帮助新加坡首只以中国为重点的派息ETF融资。散户投资者可以通过Tiger Trade认购单位，这降低了新加坡投资者增加中国配置的门槛。</blockquote></p><p> In addition, the Company launched its business-to-business (B2B) corporate services in Singapore, where Tiger Brokers provides clients with technological solutions that include advanced portfolio and risk management tools. To further promote the Company's presence in Singapore and current strategic global expansion plans, the Company has decided to establish a dual headquarters in Singapore.</p><p><blockquote>此外，该公司在新加坡推出了企业对企业（B2B）企业服务，老虎证券在新加坡为客户提供技术解决方案，包括先进的投资组合和风险管理工具。为进一步推动公司在新加坡的业务和当前的全球战略扩张计划，公司决定在新加坡设立双总部。</blockquote></p><p> In New Zealand, the Company's growth potential was well recognized by the industry. Tiger Brokers NZ was recognized by APAC Business Headlines as New Zealand’s Most Influential FinTech Company 2021. It also has been named as the 2021 Deloitte Fast 50 fastest-growing company in New Zealand.</p><p><blockquote>在新西兰，该公司的增长潜力得到了业界的认可。老虎证券新西兰被APAC商业头条评为2021年新西兰最具影响力的金融科技公司。它还被评为2021年德勤新西兰增长最快的50家公司。</blockquote></p><p> The Company will continue to solidify its position as an industry-leading online broker by executing on its global expansion strategy and expanding its client base. By acquiring a local firm licensed with the Hong Kong Securities and Futures Commission for Type I (Dealing in Securities) and Type II (Dealing in Futures Contracts) regulated activities, the Company will be able to tap into the Hong Kong market to drive further growth. In Singapore, the Company also received approval to be admitted as a Trading Member of Singapore Exchange Securities Trading Limited (\"SGX-ST\") and Singapore Exchange Derivatives Trading Limited (“SGX-DT\") and a Clearing Member as well as aDepositoryAgent of The Central Depository (Pte) Limited (“CDP”) from Singapore Exchange Ltd (“SGX”). As of now, the Company holds 46 licenses and qualificationsacross 36 categoriesin Hong KongSAR, Singapore, The U.S., New Zealand, and Australia, laying a solid foundation for long-term growth.</p><p><blockquote>公司将继续通过执行其全球扩张战略和扩大其客户群来巩固其作为行业领先在线经纪商的地位。透过收购一间获香港证券及期货事务监察委员会发牌从事第一类（证券交易）及第二类（期货合约交易）受规管活动的本地公司，本公司将可进军香港市场，推动进一步增长。在新加坡，本公司还获得新加坡证券交易有限公司（“SGX-ST”）和新加坡衍生品交易有限公司（“SGX-DT”）的交易会员以及新加坡交易所有限公司（“SGX”）中央存管（私人）有限公司（“CDP”）的结算会员和存管代理。截至目前，本公司在香港特区、新加坡、美国、新西兰和澳大利亚拥有36个类别的46个牌照和资格，为长期增长奠定了坚实的基础。</blockquote></p><p> <b>262 ESOP Clients as of Q3 Digital ESOP Solutions to Assist More Companies</b></p><p><blockquote><b>截至第三季度，已有262家ESOP客户数字化ESOP解决方案帮助更多公司</b></blockquote></p><p> Other income, mainly derived from investment banking and ESOP (Employee Stock Incentive Plan), was US$7.18 million in the third quarter. Despite short-term market uncertainty, the Company continued to grow its robust pipeline of prospective issuers.</p><p><blockquote>其他收入，主要来自投资银行业务和ESOP（员工股票激励计划），第三季度为718万美元。尽管短期市场存在不确定性，该公司仍继续扩大其强大的潜在发行人渠道。</blockquote></p><p> On the investment banking side of the business, the Company continues to develop its core underwriting capability as well as its equity research offerings. By leveraging its detailed knowledge of the Chinese market, the Company served as an underwriter for the international offering of XPeng’s (HK: 9868) dual primary listing in Hong Kong, and also provided substantial subscription orders for several other issuers. In the third quarter, the Company participated in 4 U.S. IPOs. In addition, Tiger Brokers assisted an issuer attract additional investment in excess of HK$200 million (US$26 million) after its listing. The Company also released equity research reports covering renowned companies such as Alibaba (NYSE: BABA) and Baidu (NASDAQ: BIDU) during the quarter.</p><p><blockquote>在投资银行业务方面，该公司继续发展其核心承销能力以及股票研究产品。凭借对中国市场的详细了解，该公司担任了小鹏汽车（HK：9868）在香港双重主要上市的国际发售承销商，还为其他几家发行人提供了大量认购订单。三季度，公司参与了4宗美国IPO。此外，老虎证券还协助一家发行人在上市后吸引了超过2亿港元（2600万美元）的额外投资。该公司还在本季度发布了涵盖阿里巴巴-SW（纽约证券交易所股票代码：BABA）和百度（纳斯达克股票代码：BIDU）等知名公司的股票研究报告。</blockquote></p><p> The Company's investment banking business formally launched its Financial Advisory service and cooperated with over 20 emerging companies across various sectors during the quarter. With its strong market insights and technological prowess, Tiger Brokers is naturally more connected to these companies and can offer a comprehensive suite of solutions specific to their needs, all while assisting them increase their international presence.</p><p><blockquote>本季度，公司投行业务正式推出财务顾问服务，与20多家行业新兴公司合作。凭借其强大的市场洞察力和技术实力，老虎证券自然与这些公司的联系更加紧密，可以根据他们的需求提供一套全面的解决方案，同时帮助他们增加国际影响力。</blockquote></p><p></p><p> A growing number of firms are using equity incentives to motivate their employees and increase their long-term competitiveness. Tiger Brokers, with its proprietary ESOP system, employs digitization to assist corporate clients better manage their employee equity programs. In the third quarter, Tiger ESOP continued to enhance the client experience by adding functions such as share lock-up management for H-share &amp; A-share companies as well as the ability to retrace historical data.</p><p><blockquote>越来越多的公司正在使用股权激励来激励员工并提高其长期竞争力。老虎证券凭借其专有的员工持股计划系统，利用数字化来帮助企业客户更好地管理其员工股权计划。第三季度，老虎ESOP通过增加H股和A股公司的股份锁定管理以及历史数据追溯等功能，持续提升客户体验。</blockquote></p><p> Tiger ESOP continues to be trusted by a growing client base; the total number of clients increased to 262 as the Company added 46 new ESOP clients in the third quarter. For the first three quarters of 2021, the total number of new ESOP clients climbed by 266.7% as compared to the same period last year. The swift rate of ESOP adoption is evidence of the Company’s ability to meet the needs of innovative, next generation clients.</p><p><blockquote>老虎员工持股计划继续受到不断增长的客户群的信任；随着公司第三季度新增46家员工持股计划客户，客户总数增至262家。2021年前三季度，员工持股计划新增客户总数同比增长266.7%。员工持股计划的迅速采用证明了该公司有能力满足创新型下一代客户的需求。</blockquote></p><p> In the third quarter, 53 companies such as Lufax (NYSE:LU) and Wuling Motors (HK:0305) opened Enterprise Accounts on Tiger Brokers’ online community. The Company also assisted Xiaomi (HK:1810) and Cloopen (NYSE: RAAS) target a wide spectrum of investors through livestreams, digital infographics, and marketing activities, boosting client awareness of their brands and official events. In total, both firms' digital campaigns in the Tiger community received over one million pageviews each. In addition, Tiger Brokers assisted Lenovo (HK: 0992) and 24 other innovative firms host an online roadshow that connected them with an audience of nearly 100 institutional investors and over 600 analysts and high net worth individuals.</p><p><blockquote>第三季度，陆金所（NYSE：LU）、五菱汽车（HK：0305）等53家公司在老虎证券在线社区开设了企业账户。该公司还通过直播、数字信息图表和营销活动帮助小米（HK：1810）和Cloopen（NYSE：RAAS）瞄准广泛的投资者，提高客户对其品牌和官方活动的认知度。总的来说，两家公司在Tiger社区的数字活动都获得了超过100万的浏览量。此外，老虎证券还协助联想（HK：0992）和其他24家创新公司举办了在线路演，将他们与近100名机构投资者、600多名分析师和高净值人士联系起来。</blockquote></p><p> In order to further enhance the efficiency of communication between listed companies and investors, the Company’s Enterprise Account Platform recently launched a digital dashboard, providing corporate clients with one-stop services that comprise media content and community post analysis. Meanwhile, the Company launched the industry’s first investor Q&amp;A function for HK and US listed companies, increasing engagement and ease of interaction between corporates and their investors.</p><p><blockquote>为进一步提升上市公司与投资者的沟通效率，公司企业账户平台近期推出数字化仪表盘，为企业客户提供包括媒体内容和社区帖子分析在内的一站式服务。同时，公司推出业内首个面向香港和美国上市公司的投资者问答功能，增加了企业与投资者之间的参与度和互动便利性。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TIGR":"老虎证券"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1106311782","content_text":"Tiger Brokers, a leading online brokerage firm focusing on global investors, today reported its unaudited financial results for the third quarter ended September 30, 2021. Total revenues were US$60.8 million, a 59.6% increase from the third quarter of 2020. Non-GAAP net income was US$5.3 million.\nIn the quarter, the Company's internationalization strategy demonstrated substantial progress. By the end of the third quarter, customer accounts increased by 117,800 to 1.77 million, nearly twice that of the same period last year. The number of customers with deposits increased to 612,000, nearly 3 times that of the same period last year. Notably, over 80% of newly funded accounts in Q3 came from overseas. The Company has acquired 353,300 funded accounts this year, surpassing the 350,000 new funded account guidance it set out earlier this year.\nMr. Wu Tianhua, CEO of Tiger Brokers commented, “An important step in our mission to become a leading global broker is our upcoming expansion in Hong Kong; we have now obtained Type I (Dealing in Securities) and Type II (Dealing in Futures Contracts) licenses from the Hong Kong Securities and Futures Commission. Meanwhile, as the first online brokerage with SGX memberships across securities trading and clearing, securities depository, and derivatives trading, the Company is able to provide more services to local investors which further strengthens our presence in Singapore. Looking forward, we are confident that our industry-leading focus on advancing brokerage technology and delivering a superior user experience, coupled with our strong emphasis on compliance, will help us stand out from the crowd.”\nPress Release\nExceeded Full-Year Funded Accounts Guidance Over 70% of Clients’ US Cash Equity Trades Are Self-Cleared\nThe third quarter results corroborated the success of the Company's internationalization strategy with global customer accounts reaching 1.77 million and the number of customer accounts with deposits reaching 612,000. In the first nine months of the year, the Company acquired 353,300 newly funded accounts which exceeded the annual guidance set forth at the beginning of the year. Total securities trading volume increased by 47.4% year over year to US$92.6 billion, and total account balance was US$20.6 billion, an increase of 88.3% year over year. The Company’s core brokerage business achieved steady growth. Commission income was US$33.5 million, a year over year increase of 72.0% and interest-related income was US$20.1 million, a year over year increase of 105.1%.\nTiger Brokers continued to expand the products and services available on its comprehensive fintech platform. For options traders, the Company's flagship trading App, Tiger Trade, launched options paper trading to help new investors learn about options. It also added a Covered Call function to reduce option traders' margin requirements. For US stock investors, the Company launched new functions such as tables of pre & post market movers and daily short volume to help investors better capture market opportunities. The Company in total provided 28 IPO subscriptions in the third quarter, such as Li Auto (HK:2015) and Helens (HK:9869). To meet retail investors’ interest to subscribe to Hong Kong IPOs, the Company added new trading coupons such as zero-margin financing coupons and fee reduction coupons. Meanwhile, Tiger Brokers’ online investor community, the Tiger Community, added more investing courses for beginners, helping them identify and analyze promising global opportunities.\nThe Company’s wealth management business grew steadily in the quarter as more clients used the Fund Mall and Cash Plus. Assets under management (AUM)increased by 98.0% year over year and the number of clients increased by 153.1% year over year. Leveraging its global client base, Tiger Brokers bolstered its cooperation with top international asset managers; the Fund Mall added 40 new funds in the third quarter, among which Asia-focused equity funds were particularly popular. To meet growing client demand for global wealth management, the Company continued to develop new functions for its systematic investment plan, which clients use to automatically invest a predetermined sum in their favorite funds each month.\nAs a company that prides itself on innovation, Tiger Brokers continued to actively invest in research and development for its proprietary technologies. By the end of the third quarter, over 70% of clients were having their U.S. cash equities trades cleared by TradeUP Securities Inc. (formerly known as Marsco Investment Corporation). With its solid track record of successful innovation, the Company won the 2021 Ram Charan Innovation and Entrepreneurship Practice Award by the Harvard Business Review.\nOver 80% Of New Funded Accounts from Overseas Acquired New Licenses and Qualifications in Hong Kong and Singapore\nTiger Brokers' internationalization strategy has achieved remarkable results. Over 80% of its newly funded accounts came from outside China during the third quarter.\nIn Singapore, Tiger Brokers offered new futures products including those from Eurex Exchange. Tiger Brokers currently offers futures from six major exchanges in the U.S., Europe and Asia, leading the industry by the number of futures available for trading on its platform. In July, in cooperation with Lion Global Investors, it also helped raise financing for Singapore's first dividend-paying China-focused ETF. Retail investors were able to subscribe for units via Tiger Trade, which reduced the threshold for Singapore investors to increase their allocation to China.\nIn addition, the Company launched its business-to-business (B2B) corporate services in Singapore, where Tiger Brokers provides clients with technological solutions that include advanced portfolio and risk management tools. To further promote the Company's presence in Singapore and current strategic global expansion plans, the Company has decided to establish a dual headquarters in Singapore.\nIn New Zealand, the Company's growth potential was well recognized by the industry. Tiger Brokers NZ was recognized by APAC Business Headlines as New Zealand’s Most Influential FinTech Company 2021. It also has been named as the 2021 Deloitte Fast 50 fastest-growing company in New Zealand.\nThe Company will continue to solidify its position as an industry-leading online broker by executing on its global expansion strategy and expanding its client base. By acquiring a local firm licensed with the Hong Kong Securities and Futures Commission for Type I (Dealing in Securities) and Type II (Dealing in Futures Contracts) regulated activities, the Company will be able to tap into the Hong Kong market to drive further growth. In Singapore, the Company also received approval to be admitted as a Trading Member of Singapore Exchange Securities Trading Limited (\"SGX-ST\") and Singapore Exchange Derivatives Trading Limited (“SGX-DT\") and a Clearing Member as well as aDepositoryAgent of The Central Depository (Pte) Limited (“CDP”) from Singapore Exchange Ltd (“SGX”). As of now, the Company holds 46 licenses and qualificationsacross 36 categoriesin Hong KongSAR, Singapore, The U.S., New Zealand, and Australia, laying a solid foundation for long-term growth.\n262 ESOP Clients as of Q3 Digital ESOP Solutions to Assist More Companies\nOther income, mainly derived from investment banking and ESOP (Employee Stock Incentive Plan), was US$7.18 million in the third quarter. Despite short-term market uncertainty, the Company continued to grow its robust pipeline of prospective issuers.\nOn the investment banking side of the business, the Company continues to develop its core underwriting capability as well as its equity research offerings. By leveraging its detailed knowledge of the Chinese market, the Company served as an underwriter for the international offering of XPeng’s (HK: 9868) dual primary listing in Hong Kong, and also provided substantial subscription orders for several other issuers. In the third quarter, the Company participated in 4 U.S. IPOs. In addition, Tiger Brokers assisted an issuer attract additional investment in excess of HK$200 million (US$26 million) after its listing. The Company also released equity research reports covering renowned companies such as Alibaba (NYSE: BABA) and Baidu (NASDAQ: BIDU) during the quarter.\nThe Company's investment banking business formally launched its Financial Advisory service and cooperated with over 20 emerging companies across various sectors during the quarter. With its strong market insights and technological prowess, Tiger Brokers is naturally more connected to these companies and can offer a comprehensive suite of solutions specific to their needs, all while assisting them increase their international presence.\nA growing number of firms are using equity incentives to motivate their employees and increase their long-term competitiveness. Tiger Brokers, with its proprietary ESOP system, employs digitization to assist corporate clients better manage their employee equity programs. In the third quarter, Tiger ESOP continued to enhance the client experience by adding functions such as share lock-up management for H-share & A-share companies as well as the ability to retrace historical data.\nTiger ESOP continues to be trusted by a growing client base; the total number of clients increased to 262 as the Company added 46 new ESOP clients in the third quarter. For the first three quarters of 2021, the total number of new ESOP clients climbed by 266.7% as compared to the same period last year. The swift rate of ESOP adoption is evidence of the Company’s ability to meet the needs of innovative, next generation clients.\nIn the third quarter, 53 companies such as Lufax (NYSE:LU) and Wuling Motors (HK:0305) opened Enterprise Accounts on Tiger Brokers’ online community. The Company also assisted Xiaomi (HK:1810) and Cloopen (NYSE: RAAS) target a wide spectrum of investors through livestreams, digital infographics, and marketing activities, boosting client awareness of their brands and official events. In total, both firms' digital campaigns in the Tiger community received over one million pageviews each. In addition, Tiger Brokers assisted Lenovo (HK: 0992) and 24 other innovative firms host an online roadshow that connected them with an audience of nearly 100 institutional investors and over 600 analysts and high net worth individuals.\nIn order to further enhance the efficiency of communication between listed companies and investors, the Company’s Enterprise Account Platform recently launched a digital dashboard, providing corporate clients with one-stop services that comprise media content and community post analysis. Meanwhile, the Company launched the industry’s first investor Q&A function for HK and US listed companies, increasing engagement and ease of interaction between corporates and their investors.","news_type":1,"symbols_score_info":{"TIGR":0.9}},"isVote":1,"tweetType":1,"viewCount":179,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":876315941,"gmtCreate":1637267312903,"gmtModify":1637267312903,"author":{"id":"3573637775957146","authorId":"3573637775957146","name":"4e3cff4a","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3573637775957146","idStr":"3573637775957146"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>&nbsp;this company bites the hands that feed it","listText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>&nbsp;this company bites the hands that feed it","text":"$Tiger Brokers(TIGR)$ this company bites the hands that feed it","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/876315941","isVote":1,"tweetType":1,"viewCount":777,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":847304178,"gmtCreate":1636479109994,"gmtModify":1636479110104,"author":{"id":"3573637775957146","authorId":"3573637775957146","name":"4e3cff4a","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3573637775957146","idStr":"3573637775957146"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/Z74.SI\">$SINGTEL(Z74.SI)$</a>&nbsp;shorting this stock, singtel is doom and gloom","listText":"<a href=\"https://laohu8.com/S/Z74.SI\">$SINGTEL(Z74.SI)$</a>&nbsp;shorting this stock, singtel is doom and gloom","text":"$SINGTEL(Z74.SI)$ shorting this stock, singtel is doom and gloom","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":2,"link":"https://laohu8.com/post/847304178","isVote":1,"tweetType":1,"viewCount":786,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":847302824,"gmtCreate":1636478728992,"gmtModify":1636478729088,"author":{"id":"3573637775957146","authorId":"3573637775957146","name":"4e3cff4a","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3573637775957146","idStr":"3573637775957146"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/GME\">$GameStop(GME)$</a>im&nbsp;averaging up","listText":"<a href=\"https://laohu8.com/S/GME\">$GameStop(GME)$</a>im&nbsp;averaging up","text":"$GameStop(GME)$im averaging up","images":[{"img":"https://static.tigerbbs.com/074c5d457d94c002552583ad875c6f68","width":"720","height":"1301"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/847302824","isVote":1,"tweetType":1,"viewCount":186,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":847300070,"gmtCreate":1636477939721,"gmtModify":1636477939831,"author":{"id":"3573637775957146","authorId":"3573637775957146","name":"4e3cff4a","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3573637775957146","idStr":"3573637775957146"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/GME\">$GameStop(GME)$</a>&nbsp;lol fk u for dipping, i will buy more to vent my frustration&nbsp;","listText":"<a href=\"https://laohu8.com/S/GME\">$GameStop(GME)$</a>&nbsp;lol fk u for dipping, i will buy more to vent my frustration&nbsp;","text":"$GameStop(GME)$ lol fk u for dipping, i will buy more to vent my frustration","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/847300070","isVote":1,"tweetType":1,"viewCount":231,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":844930553,"gmtCreate":1636382240407,"gmtModify":1636382310890,"author":{"id":"3573637775957146","authorId":"3573637775957146","name":"4e3cff4a","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3573637775957146","idStr":"3573637775957146"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/GME\">$GameStop(GME)$</a>&nbsp;averaged up&nbsp;","listText":"<a href=\"https://laohu8.com/S/GME\">$GameStop(GME)$</a>&nbsp;averaged up&nbsp;","text":"$GameStop(GME)$ averaged up","images":[{"img":"https://static.tigerbbs.com/98f9efc5be793c743df880475b1fa2a5","width":"720","height":"1280"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/844930553","isVote":1,"tweetType":1,"viewCount":232,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":849785841,"gmtCreate":1635777792120,"gmtModify":1635777792167,"author":{"id":"3573637775957146","authorId":"3573637775957146","name":"4e3cff4a","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3573637775957146","idStr":"3573637775957146"},"themes":[],"htmlText":"Testing share more than 1x","listText":"Testing share more than 1x","text":"Testing share more than 1x","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/849785841","repostId":"850756569","repostType":1,"repost":{"id":850756569,"gmtCreate":1634631211448,"gmtModify":1635853120757,"author":{"id":"36984908995200","authorId":"36984908995200","name":"小虎活动","avatar":"https://static.tigerbbs.com/9e396d03155923b283948d2dec9191f8","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"36984908995200","idStr":"36984908995200"},"themes":[],"title":"[Halloween Game] Trade or Treat!","htmlText":"Hello, dear Tigers!&nbsp; Happy&nbsp;Halloween!&nbsp;🎃🎃🎃&nbsp;&nbsp; <a href=\"https://www.tigerbrokers.com.sg/activity/market/2021/halloween/?lang=en_US#/\" target=\"_blank\">Tap&nbsp;here&nbsp;to&nbsp;play the Halloween game,&nbsp;and&nbsp;you&nbsp;stand&nbsp;a&nbsp;chance&nbsp;to win various rewards!&nbsp;</a> Promotion Period: October 27, 2021 18:00 - November 9, 2021 18:00 (SGT) 1.&nbsp;How to Participate? All Tiger clients may collect points which can be used to redeem rewards by taking part in the Trade or Treating Game. All existing Tiger clients will have 2 game attempts. Clients can get more game attempts by completing different tasks, such as 'Invite a friend' or 'Share Halloween Game'.&nbsp; 2.&nbsp;How to collect points? Each player has 30 seconds to catch falling candies while av","listText":"Hello, dear Tigers!&nbsp; Happy&nbsp;Halloween!&nbsp;🎃🎃🎃&nbsp;&nbsp; <a href=\"https://www.tigerbrokers.com.sg/activity/market/2021/halloween/?lang=en_US#/\" target=\"_blank\">Tap&nbsp;here&nbsp;to&nbsp;play the Halloween game,&nbsp;and&nbsp;you&nbsp;stand&nbsp;a&nbsp;chance&nbsp;to win various rewards!&nbsp;</a> Promotion Period: October 27, 2021 18:00 - November 9, 2021 18:00 (SGT) 1.&nbsp;How to Participate? All Tiger clients may collect points which can be used to redeem rewards by taking part in the Trade or Treating Game. All existing Tiger clients will have 2 game attempts. Clients can get more game attempts by completing different tasks, such as 'Invite a friend' or 'Share Halloween Game'.&nbsp; 2.&nbsp;How to collect points? Each player has 30 seconds to catch falling candies while av","text":"Hello, dear Tigers! Happy Halloween! 🎃🎃🎃 Tap here to play the Halloween game, and you stand a chance to win various rewards! Promotion Period: October 27, 2021 18:00 - November 9, 2021 18:00 (SGT) 1. How to Participate? All Tiger clients may collect points which can be used to redeem rewards by taking part in the Trade or Treating Game. All existing Tiger clients will have 2 game attempts. Clients can get more game attempts by completing different tasks, such as 'Invite a friend' or 'Share Halloween Game'. 2. How to collect points? Each player has 30 seconds to catch falling candies while av","images":[],"top":1,"highlighted":2,"essential":1,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/850756569","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":217,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":849782320,"gmtCreate":1635777729953,"gmtModify":1635777730013,"author":{"id":"3573637775957146","authorId":"3573637775957146","name":"4e3cff4a","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3573637775957146","idStr":"3573637775957146"},"themes":[],"htmlText":"GET SOME FREEBIES TO RECOUP UR LOSSES BY 0.05%","listText":"GET SOME FREEBIES TO RECOUP UR LOSSES BY 0.05%","text":"GET SOME FREEBIES TO RECOUP UR LOSSES BY 0.05%","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/849782320","repostId":"850756569","repostType":1,"repost":{"id":850756569,"gmtCreate":1634631211448,"gmtModify":1635853120757,"author":{"id":"36984908995200","authorId":"36984908995200","name":"小虎活动","avatar":"https://static.tigerbbs.com/9e396d03155923b283948d2dec9191f8","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"36984908995200","idStr":"36984908995200"},"themes":[],"title":"[Halloween Game] Trade or Treat!","htmlText":"Hello, dear Tigers!&nbsp; Happy&nbsp;Halloween!&nbsp;🎃🎃🎃&nbsp;&nbsp; <a href=\"https://www.tigerbrokers.com.sg/activity/market/2021/halloween/?lang=en_US#/\" target=\"_blank\">Tap&nbsp;here&nbsp;to&nbsp;play the Halloween game,&nbsp;and&nbsp;you&nbsp;stand&nbsp;a&nbsp;chance&nbsp;to win various rewards!&nbsp;</a> Promotion Period: October 27, 2021 18:00 - November 9, 2021 18:00 (SGT) 1.&nbsp;How to Participate? All Tiger clients may collect points which can be used to redeem rewards by taking part in the Trade or Treating Game. All existing Tiger clients will have 2 game attempts. Clients can get more game attempts by completing different tasks, such as 'Invite a friend' or 'Share Halloween Game'.&nbsp; 2.&nbsp;How to collect points? Each player has 30 seconds to catch falling candies while av","listText":"Hello, dear Tigers!&nbsp; Happy&nbsp;Halloween!&nbsp;🎃🎃🎃&nbsp;&nbsp; <a href=\"https://www.tigerbrokers.com.sg/activity/market/2021/halloween/?lang=en_US#/\" target=\"_blank\">Tap&nbsp;here&nbsp;to&nbsp;play the Halloween game,&nbsp;and&nbsp;you&nbsp;stand&nbsp;a&nbsp;chance&nbsp;to win various rewards!&nbsp;</a> Promotion Period: October 27, 2021 18:00 - November 9, 2021 18:00 (SGT) 1.&nbsp;How to Participate? All Tiger clients may collect points which can be used to redeem rewards by taking part in the Trade or Treating Game. All existing Tiger clients will have 2 game attempts. Clients can get more game attempts by completing different tasks, such as 'Invite a friend' or 'Share Halloween Game'.&nbsp; 2.&nbsp;How to collect points? Each player has 30 seconds to catch falling candies while av","text":"Hello, dear Tigers! Happy Halloween! 🎃🎃🎃 Tap here to play the Halloween game, and you stand a chance to win various rewards! Promotion Period: October 27, 2021 18:00 - November 9, 2021 18:00 (SGT) 1. How to Participate? All Tiger clients may collect points which can be used to redeem rewards by taking part in the Trade or Treating Game. All existing Tiger clients will have 2 game attempts. Clients can get more game attempts by completing different tasks, such as 'Invite a friend' or 'Share Halloween Game'. 2. How to collect points? Each player has 30 seconds to catch falling candies while av","images":[],"top":1,"highlighted":2,"essential":1,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/850756569","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":159,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":857690944,"gmtCreate":1635520468933,"gmtModify":1635520468933,"author":{"id":"3573637775957146","authorId":"3573637775957146","name":"4e3cff4a","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3573637775957146","idStr":"3573637775957146"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>&nbsp;i must have sinned greatly in my past life to deserve holding such a stock!&nbsp;","listText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>&nbsp;i must have sinned greatly in my past life to deserve holding such a stock!&nbsp;","text":"$Tiger Brokers(TIGR)$ i must have sinned greatly in my past life to deserve holding such a stock!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/857690944","isVote":1,"tweetType":1,"viewCount":493,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0}],"hots":[{"id":824264126,"gmtCreate":1634317626950,"gmtModify":1634317783848,"author":{"id":"3573637775957146","authorId":"3573637775957146","name":"4e3cff4a","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573637775957146","authorIdStr":"3573637775957146"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>&nbsp;i went all in, please come back to $20...","listText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>&nbsp;i went all in, please come back to $20...","text":"$Tiger Brokers(TIGR)$ i went all in, please come back to $20...","images":[{"img":"https://static.tigerbbs.com/6078f63da060013ab9ba321820d68f14","width":"720","height":"779"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":24,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/824264126","isVote":1,"tweetType":1,"viewCount":2293,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":881318266,"gmtCreate":1631291451855,"gmtModify":1631883627962,"author":{"id":"3573637775957146","authorId":"3573637775957146","name":"4e3cff4a","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573637775957146","authorIdStr":"3573637775957146"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>&nbsp;breakout incoming, i have crystal ball and 3mins YouTube experience on TA","listText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>&nbsp;breakout incoming, i have crystal ball and 3mins YouTube experience on TA","text":"$Tiger Brokers(TIGR)$ breakout incoming, i have crystal ball and 3mins YouTube experience on TA","images":[{"img":"https://static.tigerbbs.com/8e4ef2f95e6fe1fe0fcfaf32308d8b9d","width":"720","height":"1173"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":14,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/881318266","isVote":1,"tweetType":1,"viewCount":1130,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":852673488,"gmtCreate":1635265712788,"gmtModify":1635265712905,"author":{"id":"3573637775957146","authorId":"3573637775957146","name":"4e3cff4a","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573637775957146","authorIdStr":"3573637775957146"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>&nbsp;fk u cb up 24% now red?!?&nbsp;","listText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>&nbsp;fk u cb up 24% now red?!?&nbsp;","text":"$Tiger Brokers(TIGR)$ fk u cb up 24% now red?!?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":17,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/852673488","isVote":1,"tweetType":1,"viewCount":241,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":601470570,"gmtCreate":1638551842482,"gmtModify":1638551842482,"author":{"id":"3573637775957146","authorId":"3573637775957146","name":"4e3cff4a","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573637775957146","authorIdStr":"3573637775957146"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/GME\">$GameStop(GME)$</a>&nbsp;b b b b b b b b&nbsp;","listText":"<a href=\"https://laohu8.com/S/GME\">$GameStop(GME)$</a>&nbsp;b b b b b b b b&nbsp;","text":"$GameStop(GME)$ b b b b b b b b","images":[{"img":"https://static.tigerbbs.com/3c2209810578513c057ae6112437c230","width":"720","height":"1560"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":3,"repostSize":1,"link":"https://laohu8.com/post/601470570","isVote":1,"tweetType":1,"viewCount":796,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":876315941,"gmtCreate":1637267312903,"gmtModify":1637267312903,"author":{"id":"3573637775957146","authorId":"3573637775957146","name":"4e3cff4a","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573637775957146","authorIdStr":"3573637775957146"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>&nbsp;this company bites the hands that feed it","listText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>&nbsp;this company bites the hands that feed it","text":"$Tiger Brokers(TIGR)$ this company bites the hands that feed it","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/876315941","isVote":1,"tweetType":1,"viewCount":777,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":847304178,"gmtCreate":1636479109994,"gmtModify":1636479110104,"author":{"id":"3573637775957146","authorId":"3573637775957146","name":"4e3cff4a","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573637775957146","authorIdStr":"3573637775957146"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/Z74.SI\">$SINGTEL(Z74.SI)$</a>&nbsp;shorting this stock, singtel is doom and gloom","listText":"<a href=\"https://laohu8.com/S/Z74.SI\">$SINGTEL(Z74.SI)$</a>&nbsp;shorting this stock, singtel is doom and gloom","text":"$SINGTEL(Z74.SI)$ shorting this stock, singtel is doom and gloom","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":2,"link":"https://laohu8.com/post/847304178","isVote":1,"tweetType":1,"viewCount":786,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":847302824,"gmtCreate":1636478728992,"gmtModify":1636478729088,"author":{"id":"3573637775957146","authorId":"3573637775957146","name":"4e3cff4a","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573637775957146","authorIdStr":"3573637775957146"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/GME\">$GameStop(GME)$</a>im&nbsp;averaging up","listText":"<a href=\"https://laohu8.com/S/GME\">$GameStop(GME)$</a>im&nbsp;averaging up","text":"$GameStop(GME)$im averaging up","images":[{"img":"https://static.tigerbbs.com/074c5d457d94c002552583ad875c6f68","width":"720","height":"1301"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/847302824","isVote":1,"tweetType":1,"viewCount":186,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":857690944,"gmtCreate":1635520468933,"gmtModify":1635520468933,"author":{"id":"3573637775957146","authorId":"3573637775957146","name":"4e3cff4a","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573637775957146","authorIdStr":"3573637775957146"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>&nbsp;i must have sinned greatly in my past life to deserve holding such a stock!&nbsp;","listText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>&nbsp;i must have sinned greatly in my past life to deserve holding such a stock!&nbsp;","text":"$Tiger Brokers(TIGR)$ i must have sinned greatly in my past life to deserve holding such a stock!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/857690944","isVote":1,"tweetType":1,"viewCount":493,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":826267822,"gmtCreate":1634026955047,"gmtModify":1634026955047,"author":{"id":"3573637775957146","authorId":"3573637775957146","name":"4e3cff4a","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573637775957146","authorIdStr":"3573637775957146"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/GME\">$GameStop(GME)$</a>&nbsp;wow the bots should at least rephrase themselves.. Anyway, for those that believe its going back to $40, please short it and post ur positions. Stop making noise.&nbsp;","listText":"<a href=\"https://laohu8.com/S/GME\">$GameStop(GME)$</a>&nbsp;wow the bots should at least rephrase themselves.. Anyway, for those that believe its going back to $40, please short it and post ur positions. Stop making noise.&nbsp;","text":"$GameStop(GME)$ wow the bots should at least rephrase themselves.. Anyway, for those that believe its going back to $40, please short it and post ur positions. Stop making noise.","images":[{"img":"https://static.tigerbbs.com/131038111d159b04a79d39e39a62f483","width":"720","height":"1560"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/826267822","isVote":1,"tweetType":1,"viewCount":442,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":2,"langContent":"CN","totalScore":0},{"id":863014130,"gmtCreate":1632331850420,"gmtModify":1632801157485,"author":{"id":"3573637775957146","authorId":"3573637775957146","name":"4e3cff4a","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573637775957146","authorIdStr":"3573637775957146"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>&nbsp;up 1 step, jump down 1 building&nbsp;","listText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>&nbsp;up 1 step, jump down 1 building&nbsp;","text":"$Tiger Brokers(TIGR)$ up 1 step, jump down 1 building","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/863014130","isVote":1,"tweetType":1,"viewCount":202,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":811735687,"gmtCreate":1630346393549,"gmtModify":1704958888378,"author":{"id":"3573637775957146","authorId":"3573637775957146","name":"4e3cff4a","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573637775957146","authorIdStr":"3573637775957146"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>&nbsp;free money 🤗","listText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>&nbsp;free money 🤗","text":"$Tiger Brokers(TIGR)$ free money 🤗","images":[{"img":"https://static.tigerbbs.com/2ceb5718e3988fda4b0a4ab4652eaa5f","width":"720","height":"1184"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/811735687","isVote":1,"tweetType":1,"viewCount":197,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":699739147,"gmtCreate":1639890079321,"gmtModify":1639890079409,"author":{"id":"3573637775957146","authorId":"3573637775957146","name":"4e3cff4a","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573637775957146","authorIdStr":"3573637775957146"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/GME\">$GameStop(GME)$</a>&nbsp;i love this stock","listText":"<a href=\"https://laohu8.com/S/GME\">$GameStop(GME)$</a>&nbsp;i love this stock","text":"$GameStop(GME)$ i love this stock","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/699739147","isVote":1,"tweetType":1,"viewCount":550,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":862170232,"gmtCreate":1632853058452,"gmtModify":1632853058452,"author":{"id":"3573637775957146","authorId":"3573637775957146","name":"4e3cff4a","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573637775957146","authorIdStr":"3573637775957146"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>&nbsp;0% profiteer ratio, does this mean&nbsp;whoever is selling is either cutting loss or shorting?&nbsp;","listText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>&nbsp;0% profiteer ratio, does this mean&nbsp;whoever is selling is either cutting loss or shorting?&nbsp;","text":"$Tiger Brokers(TIGR)$ 0% profiteer ratio, does this mean whoever is selling is either cutting loss or shorting?","images":[{"img":"https://static.tigerbbs.com/06e21fe633da18c184a4b887b7beaac9","width":"720","height":"791"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/862170232","isVote":1,"tweetType":1,"viewCount":1313,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":886551847,"gmtCreate":1631608155889,"gmtModify":1631883621407,"author":{"id":"3573637775957146","authorId":"3573637775957146","name":"4e3cff4a","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573637775957146","authorIdStr":"3573637775957146"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>&nbsp;climb 1 day, drop 3 days...&nbsp;[流泪]&nbsp;","listText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>&nbsp;climb 1 day, drop 3 days...&nbsp;[流泪]&nbsp;","text":"$Tiger Brokers(TIGR)$ climb 1 day, drop 3 days... [流泪]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/886551847","isVote":1,"tweetType":1,"viewCount":226,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":609174543,"gmtCreate":1638259772976,"gmtModify":1638259772976,"author":{"id":"3573637775957146","authorId":"3573637775957146","name":"4e3cff4a","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573637775957146","authorIdStr":"3573637775957146"},"themes":[],"htmlText":"Looks like tonight moon?&nbsp;","listText":"Looks like tonight moon?&nbsp;","text":"Looks like tonight moon?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/609174543","repostId":"1106311782","repostType":2,"repost":{"id":"1106311782","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1638259223,"share":"https://www.laohu8.com/m/news/1106311782?lang=zh_CN&edition=full","pubTime":"2021-11-30 16:00","market":"us","language":"en","title":"Tiger Brokers Achieved Annual Target for New Account Growth, Over 80% Of Newly Funded Accounts Came from Overseas in Q3<blockquote>老虎证券实现年度新增账户增长目标Q3新增资金账户超八成来自海外</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1106311782","media":"Tiger Newspress","summary":"Tiger Brokers, a leading online brokerage firm focusing on global investors, today reported its unau","content":"<p>Tiger Brokers, a leading online brokerage firm focusing on global investors, today reported its unaudited financial results for the third quarter ended September 30, 2021. Total revenues were US$60.8 million, a 59.6% increase from the third quarter of 2020. Non-GAAP net income was US$5.3 million.</p><p><blockquote>专注于全球投资者的领先在线经纪公司老虎证券今天公布了截至2021年9月30日的第三季度未经审计的财务业绩。总收入为6080万美元，较2020年第三季度增长59.6%。非公认会计准则净利润为530万美元。</blockquote></p><p> In the quarter, the Company's internationalization strategy demonstrated substantial progress. By the end of the third quarter, customer accounts increased by 117,800 to 1.77 million, nearly twice that of the same period last year. The number of customers with deposits increased to 612,000, nearly 3 times that of the same period last year. Notably, over 80% of newly funded accounts in Q3 came from overseas. The Company has acquired 353,300 funded accounts this year, surpassing the 350,000 new funded account guidance it set out earlier this year.</p><p><blockquote>本季度，公司国际化战略取得实质性进展。截至三季度末，客户账户增加11.78万户至177万户，是去年同期的近两倍。存款客户增至61.2万户，是去年同期的近3倍。值得注意的是，第三季度超过80%的新融资账户来自海外。该公司今年已收购353,300个资助账户，超过了今年早些时候制定的350,000个新资助账户指导。</blockquote></p><p> Mr. Wu Tianhua, CEO of Tiger Brokers commented, “An important step in our mission to become a leading global broker is our upcoming expansion in Hong Kong; we have now obtained Type I (Dealing in Securities) and Type II (Dealing in Futures Contracts) licenses from the Hong Kong Securities and Futures Commission. Meanwhile, as the first online brokerage with SGX memberships across securities trading and clearing, securities depository, and derivatives trading, the Company is able to provide more services to local investors which further strengthens our presence in Singapore. Looking forward, we are confident that our industry-leading focus on advancing brokerage technology and delivering a superior user experience, coupled with our strong emphasis on compliance, will help us stand out from the crowd.”</p><p><blockquote>老虎证券首席执行官巫天华先生评论说：“我们成为全球领先经纪商的使命的重要一步是我们即将在香港扩张；我们现已获得香港证券及期货事务监察委员会的I类（证券交易）和II类（期货合约交易）牌照。同时，作为首家拥有新交所会员资格的证券交易和结算、证券存管和衍生品交易的在线经纪公司，该公司能够为当地投资者提供更多服务，这进一步加强了我们在新加坡的影响力。展望未来，我们相信，我们对推进经纪技术和提供卓越用户体验的行业领先关注，加上我们对合规性的高度重视，将帮助我们脱颖而出。”</blockquote></p><p> <a href=\"https://www.globenewswire.com/news-release/2021/11/30/2342675/0/en/UP-Fintech-Holding-Limited-Reports-Unaudited-Third-Quarter-2021-Financial-Results.html\" target=\"_blank\"><b>Press Release</b></a><b></b></p><p><blockquote><a href=\"https://www.globenewswire.com/news-release/2021/11/30/2342675/0/en/UP-Fintech-Holding-Limited-Reports-Unaudited-Third-Quarter-2021-Financial-Results.html\" target=\"_blank\"><b>新闻稿</b></a><b></b></blockquote></p><p> <b>Exceeded Full-Year Funded Accounts Guidance Over 70% of Clients’ US Cash Equity Trades Are Self-Cleared</b></p><p><blockquote><b>超过全年资金账户指引超过70%的客户美国现金股票交易是自我清算的</b></blockquote></p><p> The third quarter results corroborated the success of the Company's internationalization strategy with global customer accounts reaching 1.77 million and the number of customer accounts with deposits reaching 612,000. In the first nine months of the year, the Company acquired 353,300 newly funded accounts which exceeded the annual guidance set forth at the beginning of the year. Total securities trading volume increased by 47.4% year over year to US$92.6 billion, and total account balance was US$20.6 billion, an increase of 88.3% year over year. The Company’s core brokerage business achieved steady growth. Commission income was US$33.5 million, a year over year increase of 72.0% and interest-related income was US$20.1 million, a year over year increase of 105.1%.</p><p><blockquote>第三季度业绩证实了公司国际化战略的成功，全球客户账户达到177万个，存款客户账户数量达到61.2万个。今年前9个月，该公司获得了35.33万个新资金账户，超过了年初制定的年度指导。证券交易总额同比增长47.4%至926亿美元，账户余额总额为206亿美元，同比增长88.3%。公司核心经纪业务实现稳健增长。佣金收入为3350万美元，同比增长72.0%，利息相关收入为2010万美元，同比增长105.1%。</blockquote></p><p> Tiger Brokers continued to expand the products and services available on its comprehensive fintech platform. For options traders, the Company's flagship trading App, Tiger Trade, launched options paper trading to help new investors learn about options. It also added a Covered Call function to reduce option traders' margin requirements. For US stock investors, the Company launched new functions such as tables of pre &amp; post market movers and daily short volume to help investors better capture market opportunities. The Company in total provided 28 IPO subscriptions in the third quarter, such as Li Auto (HK:2015) and Helens (HK:9869). To meet retail investors’ interest to subscribe to Hong Kong IPOs, the Company added new trading coupons such as zero-margin financing coupons and fee reduction coupons. Meanwhile, Tiger Brokers’ online investor community, the Tiger Community, added more investing courses for beginners, helping them identify and analyze promising global opportunities.</p><p><blockquote>老虎证券继续扩展其综合金融科技平台上提供的产品和服务。对于期权交易者，该公司的旗舰交易应用Tiger Trade推出了期权纸上交易，以帮助新投资者了解期权。它还增加了备兑看涨期权功能，以降低期权交易者的保证金要求。针对美股投资者，公司推出了盘前盘后走势表、每日空头成交量等新功能，帮助投资者更好地捕捉市场机会。该公司在第三季度总共提供了28份IPO认购，例如理想汽车（HK：2015）和海伦司（HK：9869）。为满足散户认购港股IPO的兴趣，公司新增零保证金融资券、减费券等交易券。与此同时，老虎证券的在线投资者社区老虎社区为初学者增加了更多投资课程，帮助他们识别和分析有前途的全球机会。</blockquote></p><p> The Company’s wealth management business grew steadily in the quarter as more clients used the Fund Mall and Cash Plus. Assets under management (AUM)increased by 98.0% year over year and the number of clients increased by 153.1% year over year. Leveraging its global client base, Tiger&nbsp;Brokers&nbsp;bolstered its cooperation with&nbsp;top international&nbsp;asset managers; the Fund Mall added 40 new funds in the third quarter, among which Asia-focused equity funds were particularly popular. To meet growing client demand for global wealth management, the Company continued to develop new functions for its systematic investment plan, which clients use to automatically invest a predetermined sum in their favorite funds each month.</p><p><blockquote>随着更多客户使用基金商城和Cash Plus，该公司的财富管理业务在本季度稳步增长。管理资产（AUM）同比增长98.0%，客户数量同比增长153.1%。老虎证券依托全球客户群，加强与国际顶级资产管理公司的合作；基金商城三季度新增40只基金，其中聚焦亚洲的股票型基金尤其受欢迎。为满足客户对全球财富管理日益增长的需求，公司继续为其系统投资计划开发新功能，客户使用该计划每月自动将预定金额投资于他们喜爱的基金。</blockquote></p><p></p><p> As a company that prides itself on innovation, Tiger Brokers continued to actively invest in research and development for its proprietary technologies. By the end of the third quarter, over 70% of clients were having their U.S. cash equities trades cleared by TradeUP Securities Inc. (formerly known as Marsco Investment Corporation). With its solid track record of successful innovation, the Company won the 2021 Ram Charan Innovation and Entrepreneurship Practice Award by the Harvard Business Review.</p><p><blockquote>作为一家以创新为荣的公司，老虎证券继续积极投资于其专有技术的研发。截至第三季度末，超过70%的客户的美国现金股票交易由TradeUP Securities Inc.（前身为Marsco Investment Corporation）清算。凭借其成功创新的坚实记录，该公司获得了《哈佛商业评论》颁发的2021年拉姆·查兰创新和创业实践奖。</blockquote></p><p> <b>Over 80% Of New Funded Accounts from Overseas Acquired New Licenses and Qualifications in Hong Kong and Singapore</b></p><p><blockquote><b>超过80%来自海外的新基金账户在香港和新加坡获得了新的执照和资格</b></blockquote></p><p> Tiger Brokers' internationalization strategy has achieved remarkable results. Over 80% of its newly funded accounts came from outside China during the third quarter.</p><p><blockquote>老虎证券国际化战略成效显著。第三季度，超过80%的新融资账户来自中国境外。</blockquote></p><p> In Singapore, Tiger Brokers offered new futures products including those from Eurex Exchange. Tiger Brokers currently offers futures from six major exchanges in the U.S., Europe and Asia, leading the industry by the number of futures available for trading on its platform. In July, in cooperation with Lion Global Investors, it also helped raise financing for Singapore's first dividend-paying China-focused ETF. Retail investors were able to subscribe for units via Tiger Trade, which reduced the threshold for Singapore investors to increase their allocation to China.</p><p><blockquote>在新加坡，老虎证券推出了新的期货产品，包括欧洲期货交易所的产品。老虎证券目前提供美国、欧洲和亚洲六大交易所的期货，在其平台上可交易的期货数量方面领先行业。7月，它还与Lion Global Investors合作，帮助新加坡首只以中国为重点的派息ETF融资。散户投资者可以通过Tiger Trade认购单位，这降低了新加坡投资者增加中国配置的门槛。</blockquote></p><p> In addition, the Company launched its business-to-business (B2B) corporate services in Singapore, where Tiger Brokers provides clients with technological solutions that include advanced portfolio and risk management tools. To further promote the Company's presence in Singapore and current strategic global expansion plans, the Company has decided to establish a dual headquarters in Singapore.</p><p><blockquote>此外，该公司在新加坡推出了企业对企业（B2B）企业服务，老虎证券在新加坡为客户提供技术解决方案，包括先进的投资组合和风险管理工具。为进一步推动公司在新加坡的业务和当前的全球战略扩张计划，公司决定在新加坡设立双总部。</blockquote></p><p> In New Zealand, the Company's growth potential was well recognized by the industry. Tiger Brokers NZ was recognized by APAC Business Headlines as New Zealand’s Most Influential FinTech Company 2021. It also has been named as the 2021 Deloitte Fast 50 fastest-growing company in New Zealand.</p><p><blockquote>在新西兰，该公司的增长潜力得到了业界的认可。老虎证券新西兰被APAC商业头条评为2021年新西兰最具影响力的金融科技公司。它还被评为2021年德勤新西兰增长最快的50家公司。</blockquote></p><p> The Company will continue to solidify its position as an industry-leading online broker by executing on its global expansion strategy and expanding its client base. By acquiring a local firm licensed with the Hong Kong Securities and Futures Commission for Type I (Dealing in Securities) and Type II (Dealing in Futures Contracts) regulated activities, the Company will be able to tap into the Hong Kong market to drive further growth. In Singapore, the Company also received approval to be admitted as a Trading Member of Singapore Exchange Securities Trading Limited (\"SGX-ST\") and Singapore Exchange Derivatives Trading Limited (“SGX-DT\") and a Clearing Member as well as aDepositoryAgent of The Central Depository (Pte) Limited (“CDP”) from Singapore Exchange Ltd (“SGX”). As of now, the Company holds 46 licenses and qualificationsacross 36 categoriesin Hong KongSAR, Singapore, The U.S., New Zealand, and Australia, laying a solid foundation for long-term growth.</p><p><blockquote>公司将继续通过执行其全球扩张战略和扩大其客户群来巩固其作为行业领先在线经纪商的地位。透过收购一间获香港证券及期货事务监察委员会发牌从事第一类（证券交易）及第二类（期货合约交易）受规管活动的本地公司，本公司将可进军香港市场，推动进一步增长。在新加坡，本公司还获得新加坡证券交易有限公司（“SGX-ST”）和新加坡衍生品交易有限公司（“SGX-DT”）的交易会员以及新加坡交易所有限公司（“SGX”）中央存管（私人）有限公司（“CDP”）的结算会员和存管代理。截至目前，本公司在香港特区、新加坡、美国、新西兰和澳大利亚拥有36个类别的46个牌照和资格，为长期增长奠定了坚实的基础。</blockquote></p><p> <b>262 ESOP Clients as of Q3 Digital ESOP Solutions to Assist More Companies</b></p><p><blockquote><b>截至第三季度，已有262家ESOP客户数字化ESOP解决方案帮助更多公司</b></blockquote></p><p> Other income, mainly derived from investment banking and ESOP (Employee Stock Incentive Plan), was US$7.18 million in the third quarter. Despite short-term market uncertainty, the Company continued to grow its robust pipeline of prospective issuers.</p><p><blockquote>其他收入，主要来自投资银行业务和ESOP（员工股票激励计划），第三季度为718万美元。尽管短期市场存在不确定性，该公司仍继续扩大其强大的潜在发行人渠道。</blockquote></p><p> On the investment banking side of the business, the Company continues to develop its core underwriting capability as well as its equity research offerings. By leveraging its detailed knowledge of the Chinese market, the Company served as an underwriter for the international offering of XPeng’s (HK: 9868) dual primary listing in Hong Kong, and also provided substantial subscription orders for several other issuers. In the third quarter, the Company participated in 4 U.S. IPOs. In addition, Tiger Brokers assisted an issuer attract additional investment in excess of HK$200 million (US$26 million) after its listing. The Company also released equity research reports covering renowned companies such as Alibaba (NYSE: BABA) and Baidu (NASDAQ: BIDU) during the quarter.</p><p><blockquote>在投资银行业务方面，该公司继续发展其核心承销能力以及股票研究产品。凭借对中国市场的详细了解，该公司担任了小鹏汽车（HK：9868）在香港双重主要上市的国际发售承销商，还为其他几家发行人提供了大量认购订单。三季度，公司参与了4宗美国IPO。此外，老虎证券还协助一家发行人在上市后吸引了超过2亿港元（2600万美元）的额外投资。该公司还在本季度发布了涵盖阿里巴巴-SW（纽约证券交易所股票代码：BABA）和百度（纳斯达克股票代码：BIDU）等知名公司的股票研究报告。</blockquote></p><p> The Company's investment banking business formally launched its Financial Advisory service and cooperated with over 20 emerging companies across various sectors during the quarter. With its strong market insights and technological prowess, Tiger Brokers is naturally more connected to these companies and can offer a comprehensive suite of solutions specific to their needs, all while assisting them increase their international presence.</p><p><blockquote>本季度，公司投行业务正式推出财务顾问服务，与20多家行业新兴公司合作。凭借其强大的市场洞察力和技术实力，老虎证券自然与这些公司的联系更加紧密，可以根据他们的需求提供一套全面的解决方案，同时帮助他们增加国际影响力。</blockquote></p><p></p><p> A growing number of firms are using equity incentives to motivate their employees and increase their long-term competitiveness. Tiger Brokers, with its proprietary ESOP system, employs digitization to assist corporate clients better manage their employee equity programs. In the third quarter, Tiger ESOP continued to enhance the client experience by adding functions such as share lock-up management for H-share &amp; A-share companies as well as the ability to retrace historical data.</p><p><blockquote>越来越多的公司正在使用股权激励来激励员工并提高其长期竞争力。老虎证券凭借其专有的员工持股计划系统，利用数字化来帮助企业客户更好地管理其员工股权计划。第三季度，老虎ESOP通过增加H股和A股公司的股份锁定管理以及历史数据追溯等功能，持续提升客户体验。</blockquote></p><p> Tiger ESOP continues to be trusted by a growing client base; the total number of clients increased to 262 as the Company added 46 new ESOP clients in the third quarter. For the first three quarters of 2021, the total number of new ESOP clients climbed by 266.7% as compared to the same period last year. The swift rate of ESOP adoption is evidence of the Company’s ability to meet the needs of innovative, next generation clients.</p><p><blockquote>老虎员工持股计划继续受到不断增长的客户群的信任；随着公司第三季度新增46家员工持股计划客户，客户总数增至262家。2021年前三季度，员工持股计划新增客户总数同比增长266.7%。员工持股计划的迅速采用证明了该公司有能力满足创新型下一代客户的需求。</blockquote></p><p> In the third quarter, 53 companies such as Lufax (NYSE:LU) and Wuling Motors (HK:0305) opened Enterprise Accounts on Tiger Brokers’ online community. The Company also assisted Xiaomi (HK:1810) and Cloopen (NYSE: RAAS) target a wide spectrum of investors through livestreams, digital infographics, and marketing activities, boosting client awareness of their brands and official events. In total, both firms' digital campaigns in the Tiger community received over one million pageviews each. In addition, Tiger Brokers assisted Lenovo (HK: 0992) and 24 other innovative firms host an online roadshow that connected them with an audience of nearly 100 institutional investors and over 600 analysts and high net worth individuals.</p><p><blockquote>第三季度，陆金所（NYSE：LU）、五菱汽车（HK：0305）等53家公司在老虎证券在线社区开设了企业账户。该公司还通过直播、数字信息图表和营销活动帮助小米（HK：1810）和Cloopen（NYSE：RAAS）瞄准广泛的投资者，提高客户对其品牌和官方活动的认知度。总的来说，两家公司在Tiger社区的数字活动都获得了超过100万的浏览量。此外，老虎证券还协助联想（HK：0992）和其他24家创新公司举办了在线路演，将他们与近100名机构投资者、600多名分析师和高净值人士联系起来。</blockquote></p><p> In order to further enhance the efficiency of communication between listed companies and investors, the Company’s Enterprise Account Platform recently launched a digital dashboard, providing corporate clients with one-stop services that comprise media content and community post analysis. Meanwhile, the Company launched the industry’s first investor Q&amp;A function for HK and US listed companies, increasing engagement and ease of interaction between corporates and their investors.</p><p><blockquote>为进一步提升上市公司与投资者的沟通效率，公司企业账户平台近期推出数字化仪表盘，为企业客户提供包括媒体内容和社区帖子分析在内的一站式服务。同时，公司推出业内首个面向香港和美国上市公司的投资者问答功能，增加了企业与投资者之间的参与度和互动便利性。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tiger Brokers Achieved Annual Target for New Account Growth, Over 80% Of Newly Funded Accounts Came from Overseas in Q3<blockquote>老虎证券实现年度新增账户增长目标Q3新增资金账户超八成来自海外</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTiger Brokers Achieved Annual Target for New Account Growth, Over 80% Of Newly Funded Accounts Came from Overseas in Q3<blockquote>老虎证券实现年度新增账户增长目标Q3新增资金账户超八成来自海外</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time smaller\">2021-11-30 16:00</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>Tiger Brokers, a leading online brokerage firm focusing on global investors, today reported its unaudited financial results for the third quarter ended September 30, 2021. Total revenues were US$60.8 million, a 59.6% increase from the third quarter of 2020. Non-GAAP net income was US$5.3 million.</p><p><blockquote>专注于全球投资者的领先在线经纪公司老虎证券今天公布了截至2021年9月30日的第三季度未经审计的财务业绩。总收入为6080万美元，较2020年第三季度增长59.6%。非公认会计准则净利润为530万美元。</blockquote></p><p> In the quarter, the Company's internationalization strategy demonstrated substantial progress. By the end of the third quarter, customer accounts increased by 117,800 to 1.77 million, nearly twice that of the same period last year. The number of customers with deposits increased to 612,000, nearly 3 times that of the same period last year. Notably, over 80% of newly funded accounts in Q3 came from overseas. The Company has acquired 353,300 funded accounts this year, surpassing the 350,000 new funded account guidance it set out earlier this year.</p><p><blockquote>本季度，公司国际化战略取得实质性进展。截至三季度末，客户账户增加11.78万户至177万户，是去年同期的近两倍。存款客户增至61.2万户，是去年同期的近3倍。值得注意的是，第三季度超过80%的新融资账户来自海外。该公司今年已收购353,300个资助账户，超过了今年早些时候制定的350,000个新资助账户指导。</blockquote></p><p> Mr. Wu Tianhua, CEO of Tiger Brokers commented, “An important step in our mission to become a leading global broker is our upcoming expansion in Hong Kong; we have now obtained Type I (Dealing in Securities) and Type II (Dealing in Futures Contracts) licenses from the Hong Kong Securities and Futures Commission. Meanwhile, as the first online brokerage with SGX memberships across securities trading and clearing, securities depository, and derivatives trading, the Company is able to provide more services to local investors which further strengthens our presence in Singapore. Looking forward, we are confident that our industry-leading focus on advancing brokerage technology and delivering a superior user experience, coupled with our strong emphasis on compliance, will help us stand out from the crowd.”</p><p><blockquote>老虎证券首席执行官巫天华先生评论说：“我们成为全球领先经纪商的使命的重要一步是我们即将在香港扩张；我们现已获得香港证券及期货事务监察委员会的I类（证券交易）和II类（期货合约交易）牌照。同时，作为首家拥有新交所会员资格的证券交易和结算、证券存管和衍生品交易的在线经纪公司，该公司能够为当地投资者提供更多服务，这进一步加强了我们在新加坡的影响力。展望未来，我们相信，我们对推进经纪技术和提供卓越用户体验的行业领先关注，加上我们对合规性的高度重视，将帮助我们脱颖而出。”</blockquote></p><p> <a href=\"https://www.globenewswire.com/news-release/2021/11/30/2342675/0/en/UP-Fintech-Holding-Limited-Reports-Unaudited-Third-Quarter-2021-Financial-Results.html\" target=\"_blank\"><b>Press Release</b></a><b></b></p><p><blockquote><a href=\"https://www.globenewswire.com/news-release/2021/11/30/2342675/0/en/UP-Fintech-Holding-Limited-Reports-Unaudited-Third-Quarter-2021-Financial-Results.html\" target=\"_blank\"><b>新闻稿</b></a><b></b></blockquote></p><p> <b>Exceeded Full-Year Funded Accounts Guidance Over 70% of Clients’ US Cash Equity Trades Are Self-Cleared</b></p><p><blockquote><b>超过全年资金账户指引超过70%的客户美国现金股票交易是自我清算的</b></blockquote></p><p> The third quarter results corroborated the success of the Company's internationalization strategy with global customer accounts reaching 1.77 million and the number of customer accounts with deposits reaching 612,000. In the first nine months of the year, the Company acquired 353,300 newly funded accounts which exceeded the annual guidance set forth at the beginning of the year. Total securities trading volume increased by 47.4% year over year to US$92.6 billion, and total account balance was US$20.6 billion, an increase of 88.3% year over year. The Company’s core brokerage business achieved steady growth. Commission income was US$33.5 million, a year over year increase of 72.0% and interest-related income was US$20.1 million, a year over year increase of 105.1%.</p><p><blockquote>第三季度业绩证实了公司国际化战略的成功，全球客户账户达到177万个，存款客户账户数量达到61.2万个。今年前9个月，该公司获得了35.33万个新资金账户，超过了年初制定的年度指导。证券交易总额同比增长47.4%至926亿美元，账户余额总额为206亿美元，同比增长88.3%。公司核心经纪业务实现稳健增长。佣金收入为3350万美元，同比增长72.0%，利息相关收入为2010万美元，同比增长105.1%。</blockquote></p><p> Tiger Brokers continued to expand the products and services available on its comprehensive fintech platform. For options traders, the Company's flagship trading App, Tiger Trade, launched options paper trading to help new investors learn about options. It also added a Covered Call function to reduce option traders' margin requirements. For US stock investors, the Company launched new functions such as tables of pre &amp; post market movers and daily short volume to help investors better capture market opportunities. The Company in total provided 28 IPO subscriptions in the third quarter, such as Li Auto (HK:2015) and Helens (HK:9869). To meet retail investors’ interest to subscribe to Hong Kong IPOs, the Company added new trading coupons such as zero-margin financing coupons and fee reduction coupons. Meanwhile, Tiger Brokers’ online investor community, the Tiger Community, added more investing courses for beginners, helping them identify and analyze promising global opportunities.</p><p><blockquote>老虎证券继续扩展其综合金融科技平台上提供的产品和服务。对于期权交易者，该公司的旗舰交易应用Tiger Trade推出了期权纸上交易，以帮助新投资者了解期权。它还增加了备兑看涨期权功能，以降低期权交易者的保证金要求。针对美股投资者，公司推出了盘前盘后走势表、每日空头成交量等新功能，帮助投资者更好地捕捉市场机会。该公司在第三季度总共提供了28份IPO认购，例如理想汽车（HK：2015）和海伦司（HK：9869）。为满足散户认购港股IPO的兴趣，公司新增零保证金融资券、减费券等交易券。与此同时，老虎证券的在线投资者社区老虎社区为初学者增加了更多投资课程，帮助他们识别和分析有前途的全球机会。</blockquote></p><p> The Company’s wealth management business grew steadily in the quarter as more clients used the Fund Mall and Cash Plus. Assets under management (AUM)increased by 98.0% year over year and the number of clients increased by 153.1% year over year. Leveraging its global client base, Tiger&nbsp;Brokers&nbsp;bolstered its cooperation with&nbsp;top international&nbsp;asset managers; the Fund Mall added 40 new funds in the third quarter, among which Asia-focused equity funds were particularly popular. To meet growing client demand for global wealth management, the Company continued to develop new functions for its systematic investment plan, which clients use to automatically invest a predetermined sum in their favorite funds each month.</p><p><blockquote>随着更多客户使用基金商城和Cash Plus，该公司的财富管理业务在本季度稳步增长。管理资产（AUM）同比增长98.0%，客户数量同比增长153.1%。老虎证券依托全球客户群，加强与国际顶级资产管理公司的合作；基金商城三季度新增40只基金，其中聚焦亚洲的股票型基金尤其受欢迎。为满足客户对全球财富管理日益增长的需求，公司继续为其系统投资计划开发新功能，客户使用该计划每月自动将预定金额投资于他们喜爱的基金。</blockquote></p><p></p><p> As a company that prides itself on innovation, Tiger Brokers continued to actively invest in research and development for its proprietary technologies. By the end of the third quarter, over 70% of clients were having their U.S. cash equities trades cleared by TradeUP Securities Inc. (formerly known as Marsco Investment Corporation). With its solid track record of successful innovation, the Company won the 2021 Ram Charan Innovation and Entrepreneurship Practice Award by the Harvard Business Review.</p><p><blockquote>作为一家以创新为荣的公司，老虎证券继续积极投资于其专有技术的研发。截至第三季度末，超过70%的客户的美国现金股票交易由TradeUP Securities Inc.（前身为Marsco Investment Corporation）清算。凭借其成功创新的坚实记录，该公司获得了《哈佛商业评论》颁发的2021年拉姆·查兰创新和创业实践奖。</blockquote></p><p> <b>Over 80% Of New Funded Accounts from Overseas Acquired New Licenses and Qualifications in Hong Kong and Singapore</b></p><p><blockquote><b>超过80%来自海外的新基金账户在香港和新加坡获得了新的执照和资格</b></blockquote></p><p> Tiger Brokers' internationalization strategy has achieved remarkable results. Over 80% of its newly funded accounts came from outside China during the third quarter.</p><p><blockquote>老虎证券国际化战略成效显著。第三季度，超过80%的新融资账户来自中国境外。</blockquote></p><p> In Singapore, Tiger Brokers offered new futures products including those from Eurex Exchange. Tiger Brokers currently offers futures from six major exchanges in the U.S., Europe and Asia, leading the industry by the number of futures available for trading on its platform. In July, in cooperation with Lion Global Investors, it also helped raise financing for Singapore's first dividend-paying China-focused ETF. Retail investors were able to subscribe for units via Tiger Trade, which reduced the threshold for Singapore investors to increase their allocation to China.</p><p><blockquote>在新加坡，老虎证券推出了新的期货产品，包括欧洲期货交易所的产品。老虎证券目前提供美国、欧洲和亚洲六大交易所的期货，在其平台上可交易的期货数量方面领先行业。7月，它还与Lion Global Investors合作，帮助新加坡首只以中国为重点的派息ETF融资。散户投资者可以通过Tiger Trade认购单位，这降低了新加坡投资者增加中国配置的门槛。</blockquote></p><p> In addition, the Company launched its business-to-business (B2B) corporate services in Singapore, where Tiger Brokers provides clients with technological solutions that include advanced portfolio and risk management tools. To further promote the Company's presence in Singapore and current strategic global expansion plans, the Company has decided to establish a dual headquarters in Singapore.</p><p><blockquote>此外，该公司在新加坡推出了企业对企业（B2B）企业服务，老虎证券在新加坡为客户提供技术解决方案，包括先进的投资组合和风险管理工具。为进一步推动公司在新加坡的业务和当前的全球战略扩张计划，公司决定在新加坡设立双总部。</blockquote></p><p> In New Zealand, the Company's growth potential was well recognized by the industry. Tiger Brokers NZ was recognized by APAC Business Headlines as New Zealand’s Most Influential FinTech Company 2021. It also has been named as the 2021 Deloitte Fast 50 fastest-growing company in New Zealand.</p><p><blockquote>在新西兰，该公司的增长潜力得到了业界的认可。老虎证券新西兰被APAC商业头条评为2021年新西兰最具影响力的金融科技公司。它还被评为2021年德勤新西兰增长最快的50家公司。</blockquote></p><p> The Company will continue to solidify its position as an industry-leading online broker by executing on its global expansion strategy and expanding its client base. By acquiring a local firm licensed with the Hong Kong Securities and Futures Commission for Type I (Dealing in Securities) and Type II (Dealing in Futures Contracts) regulated activities, the Company will be able to tap into the Hong Kong market to drive further growth. In Singapore, the Company also received approval to be admitted as a Trading Member of Singapore Exchange Securities Trading Limited (\"SGX-ST\") and Singapore Exchange Derivatives Trading Limited (“SGX-DT\") and a Clearing Member as well as aDepositoryAgent of The Central Depository (Pte) Limited (“CDP”) from Singapore Exchange Ltd (“SGX”). As of now, the Company holds 46 licenses and qualificationsacross 36 categoriesin Hong KongSAR, Singapore, The U.S., New Zealand, and Australia, laying a solid foundation for long-term growth.</p><p><blockquote>公司将继续通过执行其全球扩张战略和扩大其客户群来巩固其作为行业领先在线经纪商的地位。透过收购一间获香港证券及期货事务监察委员会发牌从事第一类（证券交易）及第二类（期货合约交易）受规管活动的本地公司，本公司将可进军香港市场，推动进一步增长。在新加坡，本公司还获得新加坡证券交易有限公司（“SGX-ST”）和新加坡衍生品交易有限公司（“SGX-DT”）的交易会员以及新加坡交易所有限公司（“SGX”）中央存管（私人）有限公司（“CDP”）的结算会员和存管代理。截至目前，本公司在香港特区、新加坡、美国、新西兰和澳大利亚拥有36个类别的46个牌照和资格，为长期增长奠定了坚实的基础。</blockquote></p><p> <b>262 ESOP Clients as of Q3 Digital ESOP Solutions to Assist More Companies</b></p><p><blockquote><b>截至第三季度，已有262家ESOP客户数字化ESOP解决方案帮助更多公司</b></blockquote></p><p> Other income, mainly derived from investment banking and ESOP (Employee Stock Incentive Plan), was US$7.18 million in the third quarter. Despite short-term market uncertainty, the Company continued to grow its robust pipeline of prospective issuers.</p><p><blockquote>其他收入，主要来自投资银行业务和ESOP（员工股票激励计划），第三季度为718万美元。尽管短期市场存在不确定性，该公司仍继续扩大其强大的潜在发行人渠道。</blockquote></p><p> On the investment banking side of the business, the Company continues to develop its core underwriting capability as well as its equity research offerings. By leveraging its detailed knowledge of the Chinese market, the Company served as an underwriter for the international offering of XPeng’s (HK: 9868) dual primary listing in Hong Kong, and also provided substantial subscription orders for several other issuers. In the third quarter, the Company participated in 4 U.S. IPOs. In addition, Tiger Brokers assisted an issuer attract additional investment in excess of HK$200 million (US$26 million) after its listing. The Company also released equity research reports covering renowned companies such as Alibaba (NYSE: BABA) and Baidu (NASDAQ: BIDU) during the quarter.</p><p><blockquote>在投资银行业务方面，该公司继续发展其核心承销能力以及股票研究产品。凭借对中国市场的详细了解，该公司担任了小鹏汽车（HK：9868）在香港双重主要上市的国际发售承销商，还为其他几家发行人提供了大量认购订单。三季度，公司参与了4宗美国IPO。此外，老虎证券还协助一家发行人在上市后吸引了超过2亿港元（2600万美元）的额外投资。该公司还在本季度发布了涵盖阿里巴巴-SW（纽约证券交易所股票代码：BABA）和百度（纳斯达克股票代码：BIDU）等知名公司的股票研究报告。</blockquote></p><p> The Company's investment banking business formally launched its Financial Advisory service and cooperated with over 20 emerging companies across various sectors during the quarter. With its strong market insights and technological prowess, Tiger Brokers is naturally more connected to these companies and can offer a comprehensive suite of solutions specific to their needs, all while assisting them increase their international presence.</p><p><blockquote>本季度，公司投行业务正式推出财务顾问服务，与20多家行业新兴公司合作。凭借其强大的市场洞察力和技术实力，老虎证券自然与这些公司的联系更加紧密，可以根据他们的需求提供一套全面的解决方案，同时帮助他们增加国际影响力。</blockquote></p><p></p><p> A growing number of firms are using equity incentives to motivate their employees and increase their long-term competitiveness. Tiger Brokers, with its proprietary ESOP system, employs digitization to assist corporate clients better manage their employee equity programs. In the third quarter, Tiger ESOP continued to enhance the client experience by adding functions such as share lock-up management for H-share &amp; A-share companies as well as the ability to retrace historical data.</p><p><blockquote>越来越多的公司正在使用股权激励来激励员工并提高其长期竞争力。老虎证券凭借其专有的员工持股计划系统，利用数字化来帮助企业客户更好地管理其员工股权计划。第三季度，老虎ESOP通过增加H股和A股公司的股份锁定管理以及历史数据追溯等功能，持续提升客户体验。</blockquote></p><p> Tiger ESOP continues to be trusted by a growing client base; the total number of clients increased to 262 as the Company added 46 new ESOP clients in the third quarter. For the first three quarters of 2021, the total number of new ESOP clients climbed by 266.7% as compared to the same period last year. The swift rate of ESOP adoption is evidence of the Company’s ability to meet the needs of innovative, next generation clients.</p><p><blockquote>老虎员工持股计划继续受到不断增长的客户群的信任；随着公司第三季度新增46家员工持股计划客户，客户总数增至262家。2021年前三季度，员工持股计划新增客户总数同比增长266.7%。员工持股计划的迅速采用证明了该公司有能力满足创新型下一代客户的需求。</blockquote></p><p> In the third quarter, 53 companies such as Lufax (NYSE:LU) and Wuling Motors (HK:0305) opened Enterprise Accounts on Tiger Brokers’ online community. The Company also assisted Xiaomi (HK:1810) and Cloopen (NYSE: RAAS) target a wide spectrum of investors through livestreams, digital infographics, and marketing activities, boosting client awareness of their brands and official events. In total, both firms' digital campaigns in the Tiger community received over one million pageviews each. In addition, Tiger Brokers assisted Lenovo (HK: 0992) and 24 other innovative firms host an online roadshow that connected them with an audience of nearly 100 institutional investors and over 600 analysts and high net worth individuals.</p><p><blockquote>第三季度，陆金所（NYSE：LU）、五菱汽车（HK：0305）等53家公司在老虎证券在线社区开设了企业账户。该公司还通过直播、数字信息图表和营销活动帮助小米（HK：1810）和Cloopen（NYSE：RAAS）瞄准广泛的投资者，提高客户对其品牌和官方活动的认知度。总的来说，两家公司在Tiger社区的数字活动都获得了超过100万的浏览量。此外，老虎证券还协助联想（HK：0992）和其他24家创新公司举办了在线路演，将他们与近100名机构投资者、600多名分析师和高净值人士联系起来。</blockquote></p><p> In order to further enhance the efficiency of communication between listed companies and investors, the Company’s Enterprise Account Platform recently launched a digital dashboard, providing corporate clients with one-stop services that comprise media content and community post analysis. Meanwhile, the Company launched the industry’s first investor Q&amp;A function for HK and US listed companies, increasing engagement and ease of interaction between corporates and their investors.</p><p><blockquote>为进一步提升上市公司与投资者的沟通效率，公司企业账户平台近期推出数字化仪表盘，为企业客户提供包括媒体内容和社区帖子分析在内的一站式服务。同时，公司推出业内首个面向香港和美国上市公司的投资者问答功能，增加了企业与投资者之间的参与度和互动便利性。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TIGR":"老虎证券"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1106311782","content_text":"Tiger Brokers, a leading online brokerage firm focusing on global investors, today reported its unaudited financial results for the third quarter ended September 30, 2021. Total revenues were US$60.8 million, a 59.6% increase from the third quarter of 2020. Non-GAAP net income was US$5.3 million.\nIn the quarter, the Company's internationalization strategy demonstrated substantial progress. By the end of the third quarter, customer accounts increased by 117,800 to 1.77 million, nearly twice that of the same period last year. The number of customers with deposits increased to 612,000, nearly 3 times that of the same period last year. Notably, over 80% of newly funded accounts in Q3 came from overseas. The Company has acquired 353,300 funded accounts this year, surpassing the 350,000 new funded account guidance it set out earlier this year.\nMr. Wu Tianhua, CEO of Tiger Brokers commented, “An important step in our mission to become a leading global broker is our upcoming expansion in Hong Kong; we have now obtained Type I (Dealing in Securities) and Type II (Dealing in Futures Contracts) licenses from the Hong Kong Securities and Futures Commission. Meanwhile, as the first online brokerage with SGX memberships across securities trading and clearing, securities depository, and derivatives trading, the Company is able to provide more services to local investors which further strengthens our presence in Singapore. Looking forward, we are confident that our industry-leading focus on advancing brokerage technology and delivering a superior user experience, coupled with our strong emphasis on compliance, will help us stand out from the crowd.”\nPress Release\nExceeded Full-Year Funded Accounts Guidance Over 70% of Clients’ US Cash Equity Trades Are Self-Cleared\nThe third quarter results corroborated the success of the Company's internationalization strategy with global customer accounts reaching 1.77 million and the number of customer accounts with deposits reaching 612,000. In the first nine months of the year, the Company acquired 353,300 newly funded accounts which exceeded the annual guidance set forth at the beginning of the year. Total securities trading volume increased by 47.4% year over year to US$92.6 billion, and total account balance was US$20.6 billion, an increase of 88.3% year over year. The Company’s core brokerage business achieved steady growth. Commission income was US$33.5 million, a year over year increase of 72.0% and interest-related income was US$20.1 million, a year over year increase of 105.1%.\nTiger Brokers continued to expand the products and services available on its comprehensive fintech platform. For options traders, the Company's flagship trading App, Tiger Trade, launched options paper trading to help new investors learn about options. It also added a Covered Call function to reduce option traders' margin requirements. For US stock investors, the Company launched new functions such as tables of pre & post market movers and daily short volume to help investors better capture market opportunities. The Company in total provided 28 IPO subscriptions in the third quarter, such as Li Auto (HK:2015) and Helens (HK:9869). To meet retail investors’ interest to subscribe to Hong Kong IPOs, the Company added new trading coupons such as zero-margin financing coupons and fee reduction coupons. Meanwhile, Tiger Brokers’ online investor community, the Tiger Community, added more investing courses for beginners, helping them identify and analyze promising global opportunities.\nThe Company’s wealth management business grew steadily in the quarter as more clients used the Fund Mall and Cash Plus. Assets under management (AUM)increased by 98.0% year over year and the number of clients increased by 153.1% year over year. Leveraging its global client base, Tiger Brokers bolstered its cooperation with top international asset managers; the Fund Mall added 40 new funds in the third quarter, among which Asia-focused equity funds were particularly popular. To meet growing client demand for global wealth management, the Company continued to develop new functions for its systematic investment plan, which clients use to automatically invest a predetermined sum in their favorite funds each month.\nAs a company that prides itself on innovation, Tiger Brokers continued to actively invest in research and development for its proprietary technologies. By the end of the third quarter, over 70% of clients were having their U.S. cash equities trades cleared by TradeUP Securities Inc. (formerly known as Marsco Investment Corporation). With its solid track record of successful innovation, the Company won the 2021 Ram Charan Innovation and Entrepreneurship Practice Award by the Harvard Business Review.\nOver 80% Of New Funded Accounts from Overseas Acquired New Licenses and Qualifications in Hong Kong and Singapore\nTiger Brokers' internationalization strategy has achieved remarkable results. Over 80% of its newly funded accounts came from outside China during the third quarter.\nIn Singapore, Tiger Brokers offered new futures products including those from Eurex Exchange. Tiger Brokers currently offers futures from six major exchanges in the U.S., Europe and Asia, leading the industry by the number of futures available for trading on its platform. In July, in cooperation with Lion Global Investors, it also helped raise financing for Singapore's first dividend-paying China-focused ETF. Retail investors were able to subscribe for units via Tiger Trade, which reduced the threshold for Singapore investors to increase their allocation to China.\nIn addition, the Company launched its business-to-business (B2B) corporate services in Singapore, where Tiger Brokers provides clients with technological solutions that include advanced portfolio and risk management tools. To further promote the Company's presence in Singapore and current strategic global expansion plans, the Company has decided to establish a dual headquarters in Singapore.\nIn New Zealand, the Company's growth potential was well recognized by the industry. Tiger Brokers NZ was recognized by APAC Business Headlines as New Zealand’s Most Influential FinTech Company 2021. It also has been named as the 2021 Deloitte Fast 50 fastest-growing company in New Zealand.\nThe Company will continue to solidify its position as an industry-leading online broker by executing on its global expansion strategy and expanding its client base. By acquiring a local firm licensed with the Hong Kong Securities and Futures Commission for Type I (Dealing in Securities) and Type II (Dealing in Futures Contracts) regulated activities, the Company will be able to tap into the Hong Kong market to drive further growth. In Singapore, the Company also received approval to be admitted as a Trading Member of Singapore Exchange Securities Trading Limited (\"SGX-ST\") and Singapore Exchange Derivatives Trading Limited (“SGX-DT\") and a Clearing Member as well as aDepositoryAgent of The Central Depository (Pte) Limited (“CDP”) from Singapore Exchange Ltd (“SGX”). As of now, the Company holds 46 licenses and qualificationsacross 36 categoriesin Hong KongSAR, Singapore, The U.S., New Zealand, and Australia, laying a solid foundation for long-term growth.\n262 ESOP Clients as of Q3 Digital ESOP Solutions to Assist More Companies\nOther income, mainly derived from investment banking and ESOP (Employee Stock Incentive Plan), was US$7.18 million in the third quarter. Despite short-term market uncertainty, the Company continued to grow its robust pipeline of prospective issuers.\nOn the investment banking side of the business, the Company continues to develop its core underwriting capability as well as its equity research offerings. By leveraging its detailed knowledge of the Chinese market, the Company served as an underwriter for the international offering of XPeng’s (HK: 9868) dual primary listing in Hong Kong, and also provided substantial subscription orders for several other issuers. In the third quarter, the Company participated in 4 U.S. IPOs. In addition, Tiger Brokers assisted an issuer attract additional investment in excess of HK$200 million (US$26 million) after its listing. The Company also released equity research reports covering renowned companies such as Alibaba (NYSE: BABA) and Baidu (NASDAQ: BIDU) during the quarter.\nThe Company's investment banking business formally launched its Financial Advisory service and cooperated with over 20 emerging companies across various sectors during the quarter. With its strong market insights and technological prowess, Tiger Brokers is naturally more connected to these companies and can offer a comprehensive suite of solutions specific to their needs, all while assisting them increase their international presence.\nA growing number of firms are using equity incentives to motivate their employees and increase their long-term competitiveness. Tiger Brokers, with its proprietary ESOP system, employs digitization to assist corporate clients better manage their employee equity programs. In the third quarter, Tiger ESOP continued to enhance the client experience by adding functions such as share lock-up management for H-share & A-share companies as well as the ability to retrace historical data.\nTiger ESOP continues to be trusted by a growing client base; the total number of clients increased to 262 as the Company added 46 new ESOP clients in the third quarter. For the first three quarters of 2021, the total number of new ESOP clients climbed by 266.7% as compared to the same period last year. The swift rate of ESOP adoption is evidence of the Company’s ability to meet the needs of innovative, next generation clients.\nIn the third quarter, 53 companies such as Lufax (NYSE:LU) and Wuling Motors (HK:0305) opened Enterprise Accounts on Tiger Brokers’ online community. The Company also assisted Xiaomi (HK:1810) and Cloopen (NYSE: RAAS) target a wide spectrum of investors through livestreams, digital infographics, and marketing activities, boosting client awareness of their brands and official events. In total, both firms' digital campaigns in the Tiger community received over one million pageviews each. In addition, Tiger Brokers assisted Lenovo (HK: 0992) and 24 other innovative firms host an online roadshow that connected them with an audience of nearly 100 institutional investors and over 600 analysts and high net worth individuals.\nIn order to further enhance the efficiency of communication between listed companies and investors, the Company’s Enterprise Account Platform recently launched a digital dashboard, providing corporate clients with one-stop services that comprise media content and community post analysis. Meanwhile, the Company launched the industry’s first investor Q&A function for HK and US listed companies, increasing engagement and ease of interaction between corporates and their investors.","news_type":1,"symbols_score_info":{"TIGR":0.9}},"isVote":1,"tweetType":1,"viewCount":179,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":823641340,"gmtCreate":1633620427885,"gmtModify":1633620427989,"author":{"id":"3573637775957146","authorId":"3573637775957146","name":"4e3cff4a","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573637775957146","authorIdStr":"3573637775957146"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>&nbsp;Continue climbing for the next few days please, stop going 1 step up then jumping down the building","listText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>&nbsp;Continue climbing for the next few days please, stop going 1 step up then jumping down the building","text":"$Tiger Brokers(TIGR)$ Continue climbing for the next few days please, stop going 1 step up then jumping down the building","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/823641340","isVote":1,"tweetType":1,"viewCount":316,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":691403356,"gmtCreate":1640225483394,"gmtModify":1640225606516,"author":{"id":"3573637775957146","authorId":"3573637775957146","name":"4e3cff4a","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573637775957146","authorIdStr":"3573637775957146"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/GME\">$GameStop(GME)$</a>&nbsp;i love u","listText":"<a href=\"https://laohu8.com/S/GME\">$GameStop(GME)$</a>&nbsp;i love u","text":"$GameStop(GME)$ i love u","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/691403356","isVote":1,"tweetType":1,"viewCount":499,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":693817784,"gmtCreate":1640000214667,"gmtModify":1640000214755,"author":{"id":"3573637775957146","authorId":"3573637775957146","name":"4e3cff4a","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573637775957146","authorIdStr":"3573637775957146"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>&nbsp;share price beaten to death yet theres additional fees. Disgusting stock&nbsp;","listText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>&nbsp;share price beaten to death yet theres additional fees. Disgusting stock&nbsp;","text":"$Tiger Brokers(TIGR)$ share price beaten to death yet theres additional fees. Disgusting stock","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/693817784","isVote":1,"tweetType":1,"viewCount":742,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":601229803,"gmtCreate":1638537070537,"gmtModify":1638537125023,"author":{"id":"3573637775957146","authorId":"3573637775957146","name":"4e3cff4a","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573637775957146","authorIdStr":"3573637775957146"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/GRAB\">$Grab Holdings(GRAB)$</a>&nbsp;rubbish company that is unsustainable, burning too much and fierce competition is not leaving. Dont buy into this trap.&nbsp;","listText":"<a href=\"https://laohu8.com/S/GRAB\">$Grab Holdings(GRAB)$</a>&nbsp;rubbish company that is unsustainable, burning too much and fierce competition is not leaving. Dont buy into this trap.&nbsp;","text":"$Grab Holdings(GRAB)$ rubbish company that is unsustainable, burning too much and fierce competition is not leaving. Dont buy into this trap.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/601229803","isVote":1,"tweetType":1,"viewCount":808,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":601075553,"gmtCreate":1638465871886,"gmtModify":1638465871886,"author":{"id":"3573637775957146","authorId":"3573637775957146","name":"4e3cff4a","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573637775957146","authorIdStr":"3573637775957146"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/GRAB\">$Grab Holdings(GRAB)$</a>&nbsp;just cut ur losses, anyone using the app would know that the business will never be worth anything more than 15B...","listText":"<a href=\"https://laohu8.com/S/GRAB\">$Grab Holdings(GRAB)$</a>&nbsp;just cut ur losses, anyone using the app would know that the business will never be worth anything more than 15B...","text":"$Grab Holdings(GRAB)$ just cut ur losses, anyone using the app would know that the business will never be worth anything more than 15B...","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/601075553","isVote":1,"tweetType":1,"viewCount":3176,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0}],"lives":[]}