$Tiger Brokers(TIGR)$Can we do business in Singapore?
Yes, it was confirmed and reinforced today.
Can we do business in Hong Kong?
Yes, it was confirmed and approved yesterday through an acquisition.
Can we do business in the Oceania region?
Yes we have secured licenses long ago.
Can we do business in the US?
Yes we have secured licenses long ago.
Can we do business in China?
Uncertain. We may well find middle ground
and get regulated according to its policies to
absorb Chinese customers within China.
The worst case scenario is we compete with
Robinhood and the rest of the online
brokerage firms and continue our
international expansion at exponential
speed.
Why the sell off from $29.8 - $7?
Frantic Panic sell. All worst case scenarios
like going bankrupted are etc is being
factored in which is outlandish. We would not
have acquired a HK brokerage firm just
yesterday and there won't be such good
news coming from Singapore over and over again if we going to close shop.
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