Brrnie personal page - To The Moon

Brrnie

Brrnie

No personal profile

1Follow

4Followers

0Topic

0Badge

01-22 10:06

$BABA-W(09988)$ junk

2024-12-20

$BABA-W(09988)$ frigging turd

2024-11-27

$NIO Inc.(NIO)$ turd

2024-11-22

$BABA-W(09988)$ trash

2024-11-21

$Baidu(BIDU)$ Chinese shiit stocks

2024-11-20

Money burning crap

NIO Sales Fall Short as China EV Price War Weighs on Revenue

2024-11-20

Same story for three years. Scam stock

Alibaba: Major Declines Create Buying Opportunity

2024-11-20

$BABA-W(09988)$ frigging disappointing

2024-11-19

$Microvast Holdings, Inc.(MVST)$ frigging falling knife

2024-11-15

$NIO Inc.(NIO)$ turd

2024-11-12

$BABA-W(09988)$ frigging shiit stock

2024-10-30

$Daqo New(DQ)$ roller coaster ride

2024-10-18

$BABA-W(09988)$ frigging crap stock

2024-10-18

Bullshxxt news. Honkong stocks dive

Hong Kong Stocks Shine After China Datas; Meituan Jumps 10%; Alibaba Gains 4%

2024-10-15

$BABA-W(09988)$ Chinese stocks doomed again. Sigh. Useless cpc

2024-10-08

$Alibaba(BABA)$ Chinese shiiits

2024-09-25

$BABA-W(09988)$ frigging shit. Can't hold gain for a day

2024-09-16

$Daqo New(DQ)$ wyf is going on today

2024-09-10

$Microvast Holdings, Inc.(MVST)$ piece of junk

2024-08-28

$NIO Inc.(NIO)$ frigging shit stock with shithead li

Go to Tiger App to see more news

{"i18n":{"language":"en_US"},"userPageInfo":{"id":"3569189138119123","uuid":"3569189138119123","gmtCreate":1614231657333,"gmtModify":1632453500248,"name":"Brrnie","pinyin":"brrnie","introduction":"","introductionEn":"","signature":"","avatar":"https://static.tigerbbs.com/535df402960cd7d1f41b24d9f5d687b7","hat":null,"hatId":null,"hatName":null,"vip":1,"status":2,"fanSize":4,"headSize":1,"tweetSize":97,"questionSize":0,"limitLevel":999,"accountStatus":4,"level":{"id":3,"name":"书生虎","nameTw":"書生虎","represent":"努力向上","factor":"发布10条非转发主帖,其中5条获得他人回复或点赞","iconColor":"3C9E83","bgColor":"A2F1D9"},"themeCounts":0,"badgeCounts":0,"badges":[],"moderator":false,"superModerator":false,"manageSymbols":null,"badgeLevel":null,"boolIsFan":false,"boolIsHead":false,"favoriteSize":1,"symbols":null,"coverImage":null,"realNameVerified":"success","userBadges":[{"badgeId":"1026c425416b44e0aac28c11a0848493-2","templateUuid":"1026c425416b44e0aac28c11a0848493","name":"Senior Tiger","description":"Join the tiger community for 1000 days","bigImgUrl":"https://static.tigerbbs.com/0063fb68ea29c9ae6858c58630e182d5","smallImgUrl":"https://static.tigerbbs.com/96c699a93be4214d4b49aea6a5a5d1a4","grayImgUrl":"https://static.tigerbbs.com/35b0e542a9ff77046ed69ef602bc105d","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2023.11.23","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1001},{"badgeId":"44212b71d0be4ec88898348dbe882e03-1","templateUuid":"44212b71d0be4ec88898348dbe882e03","name":"Boss Tiger","description":"The transaction amount of the securities account reaches $100,000","bigImgUrl":"https://static.tigerbbs.com/c8dfc27c1ee0e25db1c93e9d0b641101","smallImgUrl":"https://static.tigerbbs.com/f43908c142f8a33c78f5bdf0e2897488","grayImgUrl":"https://static.tigerbbs.com/82165ff19cb8a786e8919f92acee5213","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2023.07.14","exceedPercentage":"60.05%","individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1101},{"badgeId":"972123088c9646f7b6091ae0662215be-2","templateUuid":"972123088c9646f7b6091ae0662215be","name":"Master Trader","description":"Total number of securities or futures transactions reached 100","bigImgUrl":"https://static.tigerbbs.com/ad22cfbe2d05aa393b18e9226e4b0307","smallImgUrl":"https://static.tigerbbs.com/36702e6ff3ffe46acafee66cc85273ca","grayImgUrl":"https://static.tigerbbs.com/d52eb88fa385cf5abe2616ed63781765","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2022.12.27","exceedPercentage":"80.95%","individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1100},{"badgeId":"7a9f168ff73447fe856ed6c938b61789-1","templateUuid":"7a9f168ff73447fe856ed6c938b61789","name":"Knowledgeable Investor","description":"Traded more than 10 stocks","bigImgUrl":"https://static.tigerbbs.com/e74cc24115c4fbae6154ec1b1041bf47","smallImgUrl":"https://static.tigerbbs.com/d48265cbfd97c57f9048db29f22227b0","grayImgUrl":"https://static.tigerbbs.com/76c6d6898b073c77e1c537ebe9ac1c57","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.25","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1102},{"badgeId":"a83d7582f45846ffbccbce770ce65d84-1","templateUuid":"a83d7582f45846ffbccbce770ce65d84","name":"Real Trader","description":"Completed a transaction","bigImgUrl":"https://static.tigerbbs.com/2e08a1cc2087a1de93402c2c290fa65b","smallImgUrl":"https://static.tigerbbs.com/4504a6397ce1137932d56e5f4ce27166","grayImgUrl":"https://static.tigerbbs.com/4b22c79415b4cd6e3d8ebc4a0fa32604","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1100}],"userBadgeCount":5,"currentWearingBadge":null,"individualDisplayBadges":null,"crmLevel":5,"crmLevelSwitch":0,"location":null,"starInvestorFollowerNum":0,"starInvestorFlag":false,"starInvestorOrderShareNum":0,"subscribeStarInvestorNum":0,"ror":null,"winRationPercentage":null,"showRor":false,"investmentPhilosophy":null,"starInvestorSubscribeFlag":false},"baikeInfo":{},"tab":"post","tweets":[{"id":395269416956344,"gmtCreate":1737511581448,"gmtModify":1737512751234,"author":{"id":"3569189138119123","authorId":"3569189138119123","name":"Brrnie","avatar":"https://static.tigerbbs.com/535df402960cd7d1f41b24d9f5d687b7","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569189138119123","authorIdStr":"3569189138119123"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/09988\">$BABA-W(09988)$&nbsp;</a> junk&nbsp;","listText":"<a href=\"https://ttm.financial/S/09988\">$BABA-W(09988)$&nbsp;</a> junk&nbsp;","text":"$BABA-W(09988)$ junk","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/395269416956344","isVote":1,"tweetType":1,"viewCount":24,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":383465527591344,"gmtCreate":1734660828947,"gmtModify":1734661106023,"author":{"id":"3569189138119123","authorId":"3569189138119123","name":"Brrnie","avatar":"https://static.tigerbbs.com/535df402960cd7d1f41b24d9f5d687b7","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569189138119123","authorIdStr":"3569189138119123"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/09988\">$BABA-W(09988)$&nbsp;</a> frigging turd&nbsp;","listText":"<a href=\"https://ttm.financial/S/09988\">$BABA-W(09988)$&nbsp;</a> frigging turd&nbsp;","text":"$BABA-W(09988)$ frigging turd","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/383465527591344","isVote":1,"tweetType":1,"viewCount":123,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":375445914521944,"gmtCreate":1732665612377,"gmtModify":1732665616437,"author":{"id":"3569189138119123","authorId":"3569189138119123","name":"Brrnie","avatar":"https://static.tigerbbs.com/535df402960cd7d1f41b24d9f5d687b7","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569189138119123","authorIdStr":"3569189138119123"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/NIO\">$NIO Inc.(NIO)$&nbsp;</a> turd&nbsp;","listText":"<a href=\"https://ttm.financial/S/NIO\">$NIO Inc.(NIO)$&nbsp;</a> turd&nbsp;","text":"$NIO Inc.(NIO)$ turd","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/375445914521944","isVote":1,"tweetType":1,"viewCount":205,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":373746211979280,"gmtCreate":1732255993801,"gmtModify":1732256504005,"author":{"id":"3569189138119123","authorId":"3569189138119123","name":"Brrnie","avatar":"https://static.tigerbbs.com/535df402960cd7d1f41b24d9f5d687b7","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569189138119123","authorIdStr":"3569189138119123"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/09988\">$BABA-W(09988)$&nbsp;</a> trash","listText":"<a href=\"https://ttm.financial/S/09988\">$BABA-W(09988)$&nbsp;</a> trash","text":"$BABA-W(09988)$ trash","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/373746211979280","isVote":1,"tweetType":1,"viewCount":392,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":373396262850784,"gmtCreate":1732201062886,"gmtModify":1732201420811,"author":{"id":"3569189138119123","authorId":"3569189138119123","name":"Brrnie","avatar":"https://static.tigerbbs.com/535df402960cd7d1f41b24d9f5d687b7","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569189138119123","authorIdStr":"3569189138119123"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/BIDU\">$Baidu(BIDU)$&nbsp;</a> Chinese shiit stocks&nbsp;","listText":"<a href=\"https://ttm.financial/S/BIDU\">$Baidu(BIDU)$&nbsp;</a> Chinese shiit stocks&nbsp;","text":"$Baidu(BIDU)$ Chinese shiit stocks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/373396262850784","isVote":1,"tweetType":1,"viewCount":208,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":373037537439928,"gmtCreate":1732102996785,"gmtModify":1732107914762,"author":{"id":"3569189138119123","authorId":"3569189138119123","name":"Brrnie","avatar":"https://static.tigerbbs.com/535df402960cd7d1f41b24d9f5d687b7","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569189138119123","authorIdStr":"3569189138119123"},"themes":[],"htmlText":"Money burning crap","listText":"Money burning crap","text":"Money burning crap","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/373037537439928","repostId":"1151436892","repostType":2,"repost":{"id":"1151436892","kind":"news","pubTimestamp":1732116939,"share":"https://ttm.financial/m/news/1151436892?lang=&edition=fundamental","pubTime":"2024-11-20 23:35","market":"us","language":"en","title":"NIO Sales Fall Short as China EV Price War Weighs on Revenue","url":"https://stock-news.laohu8.com/highlight/detail?id=1151436892","media":"Bloomberg","summary":"Chinese premium electric-car maker Nio Inc. reported revenue that missed estimates and a bigger-than-expected loss as it continues to weather a bruising price war.NIO stock dropped 5.6% in premarket t","content":"<html><head></head><body><p>Chinese premium electric-car maker Nio Inc. reported revenue that missed estimates and a bigger-than-expected loss as it continues to weather a bruising price war.</p><p>NIO Q3 earnings call: NIO is confident of doubling sales next year and aims to be profitable by 2026. The third brand is officially named Firefly and its first model will begin deliveries in the first half of 2025.</p><p>NIO stock jumped 3.5% in morning trading, reversing initial losses.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/ca90f7b090843f2a8d286fa3ad98295e\" title=\"\" tg-width=\"537\" tg-height=\"127\"/></p><p>Revenue rose to 18.7 billion yuan ($2.6 billion) in the three months ended Sept. 30 after the company delivered a record 61,855 cars in the quarter, still short of analyst estimates of 19.2 billion yuan. It reported a 4.4 billion yuan adjusted net loss for the quarter, according to a statement Wednesday, more than the 4.3 billion yuan projected by analysts.</p><p>Revenue from vehicle sales saw a slight decrease over the third quarter of 2023, mainly due to changes in the product mix lowering the average selling price, which was partially offset by the increase in delivery volume. Nio’s gross margin grew to 10.7% from 8% a year earlier, roughly in line with estimates.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/902277f6280abc6d680910353cc0e921\" title=\"Nio aims to deliver between 72,000 and 75,000 vehicles this quarter.\" tg-width=\"2000\" tg-height=\"1333\"/><span>Nio aims to deliver between 72,000 and 75,000 vehicles this quarter.</span></p><p>Chief Financial Officer Stanley Yu Qu said he expected future models to help improve the EV maker’s financial performance.</p><p>“Starting next year, our three brands are poised to embark on a robust product cycle, projected to elevate the company’s sales volume to new heights. We expect this momentum will drive continued improvements,” he said.</p><p style=\"text-align: start;\">The automaker aims to deliver between 72,000 and 75,000 vehicles this quarter, short of analyst estimates of 77,950. Revenue is likely to increase to between 19.7 billion yuan and 20.4 billion yuan in the fourth quarter, the company said, short of analyst expectations of 22.5 billion yuan.</p><p style=\"text-align: start;\">Nio’s third-quarter results show the impact of a bruising price war started by Tesla in the Chinese EV market, with most automakers forced to discount their vehicles or throw in more freebies to protect market share. Although initially resistant, Nio also followed suit by slashing the prices of their vehicles by up to 30,000 yuan last year.</p><p>Nio’s mass market Onvo brand has been well received since its launch in May, with tens of thousands of orders for the L60 electric sport utility vehicle. While deliveries, which started in September, have been slow because of the time it takes to ramp up production, Chief Executive Officer William Li has said he hopes monthly shipments can reach 10,000 in December and double to 20,000 by March, according to Chinese media reports.</p><p>The company is one of the last few EV makers in China that remains committed to producing only battery electric cars, with many rivals, including Xpeng Inc., Zeekr and Avatr Technology Co., planning to develop extended-range EVs, which come with a small internal combustion engine to recharge the battery.</p><p style=\"text-align: start;\">This means the Shanghai-based company will lose out in the popular and profitable hybrid segment, which is outpacing pure-play EVs.</p><p style=\"text-align: start;\">Nio also stands out with its battery-swapping service, which it says can change a dead battery for a fully charged one in three minutes, beating the long charge times of other EVs. However, the battery-swapping stations are expensive to build and Nio’s R&amp;D costs reached 3.3 billion yuan in the third quarter, up 9.2% from a year earlier.</p></body></html>","source":"lsy1584095487587","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>NIO Sales Fall Short as China EV Price War Weighs on Revenue</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: 11px; color: #7E829C; margin: 0;line-height: 11px;}\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\">\nNIO Sales Fall Short as China EV Price War Weighs on Revenue\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-11-20 23:35 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2024-11-20/nio-sales-fall-short-as-china-ev-price-war-weighs-on-revenue?srnd=homepage-americas><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Chinese premium electric-car maker Nio Inc. reported revenue that missed estimates and a bigger-than-expected loss as it continues to weather a bruising price war.NIO Q3 earnings call: NIO is ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2024-11-20/nio-sales-fall-short-as-china-ev-price-war-weighs-on-revenue?srnd=homepage-americas\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NIO":"蔚来","NIO.SI":"蔚来","09866":"蔚来-SW"},"source_url":"https://www.bloomberg.com/news/articles/2024-11-20/nio-sales-fall-short-as-china-ev-price-war-weighs-on-revenue?srnd=homepage-americas","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1151436892","content_text":"Chinese premium electric-car maker Nio Inc. reported revenue that missed estimates and a bigger-than-expected loss as it continues to weather a bruising price war.NIO Q3 earnings call: NIO is confident of doubling sales next year and aims to be profitable by 2026. The third brand is officially named Firefly and its first model will begin deliveries in the first half of 2025.NIO stock jumped 3.5% in morning trading, reversing initial losses.Revenue rose to 18.7 billion yuan ($2.6 billion) in the three months ended Sept. 30 after the company delivered a record 61,855 cars in the quarter, still short of analyst estimates of 19.2 billion yuan. It reported a 4.4 billion yuan adjusted net loss for the quarter, according to a statement Wednesday, more than the 4.3 billion yuan projected by analysts.Revenue from vehicle sales saw a slight decrease over the third quarter of 2023, mainly due to changes in the product mix lowering the average selling price, which was partially offset by the increase in delivery volume. Nio’s gross margin grew to 10.7% from 8% a year earlier, roughly in line with estimates.Nio aims to deliver between 72,000 and 75,000 vehicles this quarter.Chief Financial Officer Stanley Yu Qu said he expected future models to help improve the EV maker’s financial performance.“Starting next year, our three brands are poised to embark on a robust product cycle, projected to elevate the company’s sales volume to new heights. We expect this momentum will drive continued improvements,” he said.The automaker aims to deliver between 72,000 and 75,000 vehicles this quarter, short of analyst estimates of 77,950. Revenue is likely to increase to between 19.7 billion yuan and 20.4 billion yuan in the fourth quarter, the company said, short of analyst expectations of 22.5 billion yuan.Nio’s third-quarter results show the impact of a bruising price war started by Tesla in the Chinese EV market, with most automakers forced to discount their vehicles or throw in more freebies to protect market share. Although initially resistant, Nio also followed suit by slashing the prices of their vehicles by up to 30,000 yuan last year.Nio’s mass market Onvo brand has been well received since its launch in May, with tens of thousands of orders for the L60 electric sport utility vehicle. While deliveries, which started in September, have been slow because of the time it takes to ramp up production, Chief Executive Officer William Li has said he hopes monthly shipments can reach 10,000 in December and double to 20,000 by March, according to Chinese media reports.The company is one of the last few EV makers in China that remains committed to producing only battery electric cars, with many rivals, including Xpeng Inc., Zeekr and Avatr Technology Co., planning to develop extended-range EVs, which come with a small internal combustion engine to recharge the battery.This means the Shanghai-based company will lose out in the popular and profitable hybrid segment, which is outpacing pure-play EVs.Nio also stands out with its battery-swapping service, which it says can change a dead battery for a fully charged one in three minutes, beating the long charge times of other EVs. However, the battery-swapping stations are expensive to build and Nio’s R&D costs reached 3.3 billion yuan in the third quarter, up 9.2% from a year earlier.","news_type":1},"isVote":1,"tweetType":1,"viewCount":210,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":373017292001288,"gmtCreate":1732098051395,"gmtModify":1732098055167,"author":{"id":"3569189138119123","authorId":"3569189138119123","name":"Brrnie","avatar":"https://static.tigerbbs.com/535df402960cd7d1f41b24d9f5d687b7","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569189138119123","authorIdStr":"3569189138119123"},"themes":[],"htmlText":"Same story for three years. Scam stock&nbsp;","listText":"Same story for three years. Scam stock&nbsp;","text":"Same story for three years. Scam stock","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/373017292001288","repostId":"2484942498","repostType":2,"repost":{"id":"2484942498","kind":"highlight","pubTimestamp":1732117800,"share":"https://ttm.financial/m/news/2484942498?lang=&edition=fundamental","pubTime":"2024-11-20 23:50","market":"fut","language":"en","title":"Alibaba: Major Declines Create Buying Opportunity","url":"https://stock-news.laohu8.com/highlight/detail?id=2484942498","media":"Seeking Alpha","summary":"we entered into long-term collaborations with industry peers to broaden payment and logistics services on Taobao and Tmall platforms, which we expect will accelerate our overall growth. Growth in our Cloud business accelerated from prior qua","content":"<html><head></head><body><ul style=\"\"><li><p>I am upgrading Alibaba to a &#34;strong buy&#34; due to stable quarterly earnings figures and Chinese government stimulus measures aimed at boosting economic growth.</p></li><li><p>Alibaba&#39;s net income surged 58% annually, driven by equity investments, while cloud segment revenues grew 7%, showing strength in AI and cloud services.</p></li><li><p>Despite mixed earnings, Alibaba&#39;s valuation metrics, particularly price-book ratio, indicate it remains attractively valued compared to industry peers.</p></li><li><p>Recent price declines suggest limited downside, with support likely near $81.60, making BABA a compelling long-term growth investment.</p></li></ul><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/bb459413c0d6682ec811f5128f1e7365\" alt=\"Robert Way\" title=\"Robert Way\" tg-width=\"750\" tg-height=\"500\"/><span>Robert Way</span></p><p>When I last covered Alibaba Group (NYSE:BABA) on October 12th, 2024 with my article “Alibaba: Buy The Pullback”, the stock was in the process of breaking out of a prolonged trading range that had been in place since January 2022. Broadly speaking, my article thesis revolved around the idea that BABA stock was currently undervalued in relation to its industry peer grouping. Since then, the stock has been influenced by significant updates that have fundamentally changed the outlook. As a result, I will be raising my outlook for this stock to a “strong buy” rating, with the expectation that BABA shares can still make sizable moves upward before the end of this year.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/1a883c450ecf934d93edd5187e27678e\" alt=\"Alibaba: Quarterly Earnings Figures (Alibaba: Quarterly Earnings Presentation)\" title=\"Alibaba: Quarterly Earnings Figures (Alibaba: Quarterly Earnings Presentation)\" tg-width=\"1280\" tg-height=\"303\"/><span>Alibaba: Quarterly Earnings Figures (Alibaba: Quarterly Earnings Presentation)</span></p><p>In addition to posting surprising quarterly earnings figures, the stock has also been impacted by stimulus measures that have been enacted by the Chinese government, which include a 1.4 trillion yuan plan that will be carried out over the next five years and is designed to energize stagnating growth rates in China and make improvements within the country’s dramatically weakened real estate markets. For the quarter ending in September, Alibaba posted somewhat mixed results with adjusted earnings of $2.08 per share and this figure was a slight beat of 1.62% relative to consensus estimates. However, Alibaba’s quarterly revenue figure missed consensus estimate by -1.23% (coming in at $32.7 billion). Despite missing market expectations, Alibaba’s revenue figure actually indicates annualized gains of 5%, while the quarterly EPS figure points to annualized declines of -4% for the period.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/1a90a7c6a5d8a31381a043bc6345d078\" alt=\"Alibaba: Quarterly Earnings Figures (Alibaba: Quarterly Earnings Presentation)\" title=\"Alibaba: Quarterly Earnings Figures (Alibaba: Quarterly Earnings Presentation)\" tg-width=\"1280\" tg-height=\"291\"/><span>Alibaba: Quarterly Earnings Figures (Alibaba: Quarterly Earnings Presentation)</span></p><p>Overall, the quarterly figures that stand out the most in the report can be found in Alibaba’s net income, which came in at $6.07 billion and surpassed consensus expectations by an incredible amount (69.96%). Ultimately, these figures indicate annualized growth rates of 58% and were driven primarily by strength in Alibaba’s equity investments. In discussing these quarterly performances, Alibaba CEO Eddie Wu explained:</p><blockquote><p>This quarter… we entered into long-term collaborations with industry peers to broaden payment and logistics services on Taobao and Tmall platforms, which we expect will accelerate our overall growth. Growth in our Cloud business accelerated from prior quarters, with revenues from public cloud products growing in double digits and AI-related product revenue delivering triple-digit growth. We are more confident in our core businesses than ever and will continue to invest in supporting long-term growth. Our other businesses continued to improve their operating efficiency, with most of them continuing to increase their profitability or reduce losses.</p></blockquote><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/dc272ce15c61d1cd21706073a67cb499\" alt=\"Alibaba: Quarterly Earnings Figures (Alibaba: Quarterly Earnings Presentation)\" title=\"Alibaba: Quarterly Earnings Figures (Alibaba: Quarterly Earnings Presentation)\" tg-width=\"1280\" tg-height=\"506\"/><span>Alibaba: Quarterly Earnings Figures (Alibaba: Quarterly Earnings Presentation)</span></p><p>One more remarkable aspect of Alibaba’s most recent earnings report can be found in the quarterly performances within the cloud segment, where revenues came in at nearly $4.1 billion and indicated annualized growth rates of 7%. Fortunately, this performance marked a minor increase from the 6% annualized gains posted during the prior quarter, and this shows that Alibaba’s plans to fortify its cloud infrastructure and gain market share in both artificial intelligence and cloud services. In large part, these efforts have been hindered by the Chinese government&#39;s efforts to clamp down on leading technology companies, in moves that reached heights in 2022. In the periods that followed, Alibaba has had to make significant changes in leadership roles in several areas and engage in strategic moves to promote growth through focused competition with Chinese rivals as a way of navigating through rising challenges within the domestic economic framework.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/5ebb57e1f15951b361378f0d38c63c8d\" alt=\"Alibaba: Comparative Forward Price to Earnings Valuations (YCharts)\" title=\"Alibaba: Comparative Forward Price to Earnings Valuations (YCharts)\" tg-width=\"635\" tg-height=\"507\"/><span>Alibaba: Comparative Forward Price to Earnings Valuations (YCharts)</span></p><p>Generalized weaknesses in the Chinese economy with respect to e-commerce and consumer spending on China’s mainland have created situations where several retailers in the region have recently reported lackluster quarterly earnings results. One other example is JD.com, Inc. (JD) and recent declines in share prices have sent shares of the stock to a lower forward price-earnings ratio of 8.737x. Of course, this is firmly below Alibaba’s current forward price-earnings ratio (which now stands at 10.54x). Clearly, these weaker valuations have become a trend within the industry because roughly similar metrics can be seen in PDD Holdings, Inc. (PDD), which is currently trading with a forward price-earnings multiple of 9.781x. Interestingly, we can compare this to a U.S. e-commerce retailer like Amazon.com, Inc. (AMZN), which trades with a much higher forward price-earnings ratio of 39.55x. But it should also be noted that there are still similar North American companies within the same competing industry peer that are trading at much lower valuations. Two of my favorite options with lower current valuations would be <a href=\"https://laohu8.com/S/EBAY\">eBay</a> Inc. (EBAY) at 12.7x and <a href=\"https://laohu8.com/S/ETSY\">Etsy, Inc.</a> (ETSY) at 11.08x.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/33ddb59748bfc56671e4b61296e56685\" alt=\"Alibaba: Comparative Forward Price to Sales Valuations (YCharts)\" title=\"Alibaba: Comparative Forward Price to Sales Valuations (YCharts)\" tg-width=\"635\" tg-height=\"507\"/><span>Alibaba: Comparative Forward Price to Sales Valuations (YCharts)</span></p><p>If we change the valuation metric and use the forward price-sales ratio, Alibaba starts to look more favorable within this industry peer grouping (at 1.507x) because PinDuoDuo is trading at nearly twice the valuation (at 2.813x). Conversely, JD.com is still much cheaper (at 0.325x) but the North American stocks are significantly more expensive, with Amazon now seen with a forward price-sales ratio of 3.332x. Somewhat similar metrics for eBay can be seen at 2.863x, but Etsy is currently trading at much lower valuations at 1.981x.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/e4280be8f748460aae97a76e5d463d66\" alt=\"Alibaba: Comparative Forward Price to Book Valuations (YCharts)\" title=\"Alibaba: Comparative Forward Price to Book Valuations (YCharts)\" tg-width=\"635\" tg-height=\"507\"/><span>Alibaba: Comparative Forward Price to Book Valuations (YCharts)</span></p><p>In Alibaba’s case, price-book ratios arguably offer the most favorable valuation metric because the company is currently trading at just 1.642x book value. In this case, both JD.com (at 1.687x) and PinDuoDuo (which is much higher, at 4.531x) are trading at more expensive valuations at the moment. North American counterparts are currently looking far less attractive using this valuation basis, as Amazon is trading with an elevated price-book ratio of 8.199x, while eBay is seen at 5.432x and Etsy trades massively higher (with a jaw-dropping price-book valuation of 22.11x). On balance, I think this broader valuation metric gives us the best sense of Alibaba’s current position relative to key competitors within the industry, and I think these trends show us that Alibaba remains attractively valued at the moment.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/faf3e8777bd496182683dce1c72ffb47\" alt=\"Alibaba: Major Declines &amp; Key Price Levels (Income Generator via TradingView)\" title=\"Alibaba: Major Declines &amp; Key Price Levels (Income Generator via TradingView)\" tg-width=\"1280\" tg-height=\"568\"/><span>Alibaba: Major Declines &amp; Key Price Levels (Income Generator via TradingView)</span></p><p>In addition to potential overvaluation risks that can be seen when analyzing Alibaba on the comparative basis of its forward price-earnings metrics, recent price moves in shares of BABA show possible warning signals for long trades taken near current levels. Specifically, the stock has recently fallen through the 61.8% Fibonacci retracement of the bullish rally from the June 24th, 2024 lows of $71.80 to the October 7th, 2024 highs of $117.82 (which is located above $89.30). Additionally, the stock’s 200-period exponential moving average on the 4-hour timeframe was also broken during this recent price decline, and this suggests that BABA might still fall further before finding support. To the downside, I will next be watching for a possible test of the 78.6% Fibonacci retracement of the aforementioned price move (which currently rests below $81.60). Fortunately, stochastic indicator readings are currently holding at oversold levels, and this ultimately suggests that share prices are likely to start finding support relatively soon. As a result, I think that further declines might be limited, and I believe that the stock’s attractive relative price-book valuations are supported by the longer-term growth prospects that continue to develop within Alibaba’s recent quarterly earnings reports. For these reasons, I will continue holding my long position and I expect to see the stock rally to new near-term highs before the end of the year.</p></body></html>","source":"seekingalpha","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>Alibaba: Major Declines Create Buying Opportunity</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: 11px; color: #7E829C; margin: 0;line-height: 11px;}\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\">\nAlibaba: Major Declines Create Buying Opportunity\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-11-20 23:50 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4738529-alibaba-major-declines-create-buying-opportunity-technical-analysis-rating-upgrade><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>I am upgrading Alibaba to a \"strong buy\" due to stable quarterly earnings figures and Chinese government stimulus measures aimed at boosting economic growth.Alibaba's net income surged 58% annually, ...</p>\n\n<a href=\"https://seekingalpha.com/article/4738529-alibaba-major-declines-create-buying-opportunity-technical-analysis-rating-upgrade\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BABA":"阿里巴巴","09988":"阿里巴巴-W"},"source_url":"https://seekingalpha.com/article/4738529-alibaba-major-declines-create-buying-opportunity-technical-analysis-rating-upgrade","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"2484942498","content_text":"I am upgrading Alibaba to a \"strong buy\" due to stable quarterly earnings figures and Chinese government stimulus measures aimed at boosting economic growth.Alibaba's net income surged 58% annually, driven by equity investments, while cloud segment revenues grew 7%, showing strength in AI and cloud services.Despite mixed earnings, Alibaba's valuation metrics, particularly price-book ratio, indicate it remains attractively valued compared to industry peers.Recent price declines suggest limited downside, with support likely near $81.60, making BABA a compelling long-term growth investment.Robert WayWhen I last covered Alibaba Group (NYSE:BABA) on October 12th, 2024 with my article “Alibaba: Buy The Pullback”, the stock was in the process of breaking out of a prolonged trading range that had been in place since January 2022. Broadly speaking, my article thesis revolved around the idea that BABA stock was currently undervalued in relation to its industry peer grouping. Since then, the stock has been influenced by significant updates that have fundamentally changed the outlook. As a result, I will be raising my outlook for this stock to a “strong buy” rating, with the expectation that BABA shares can still make sizable moves upward before the end of this year.Alibaba: Quarterly Earnings Figures (Alibaba: Quarterly Earnings Presentation)In addition to posting surprising quarterly earnings figures, the stock has also been impacted by stimulus measures that have been enacted by the Chinese government, which include a 1.4 trillion yuan plan that will be carried out over the next five years and is designed to energize stagnating growth rates in China and make improvements within the country’s dramatically weakened real estate markets. For the quarter ending in September, Alibaba posted somewhat mixed results with adjusted earnings of $2.08 per share and this figure was a slight beat of 1.62% relative to consensus estimates. However, Alibaba’s quarterly revenue figure missed consensus estimate by -1.23% (coming in at $32.7 billion). Despite missing market expectations, Alibaba’s revenue figure actually indicates annualized gains of 5%, while the quarterly EPS figure points to annualized declines of -4% for the period.Alibaba: Quarterly Earnings Figures (Alibaba: Quarterly Earnings Presentation)Overall, the quarterly figures that stand out the most in the report can be found in Alibaba’s net income, which came in at $6.07 billion and surpassed consensus expectations by an incredible amount (69.96%). Ultimately, these figures indicate annualized growth rates of 58% and were driven primarily by strength in Alibaba’s equity investments. In discussing these quarterly performances, Alibaba CEO Eddie Wu explained:This quarter… we entered into long-term collaborations with industry peers to broaden payment and logistics services on Taobao and Tmall platforms, which we expect will accelerate our overall growth. Growth in our Cloud business accelerated from prior quarters, with revenues from public cloud products growing in double digits and AI-related product revenue delivering triple-digit growth. We are more confident in our core businesses than ever and will continue to invest in supporting long-term growth. Our other businesses continued to improve their operating efficiency, with most of them continuing to increase their profitability or reduce losses.Alibaba: Quarterly Earnings Figures (Alibaba: Quarterly Earnings Presentation)One more remarkable aspect of Alibaba’s most recent earnings report can be found in the quarterly performances within the cloud segment, where revenues came in at nearly $4.1 billion and indicated annualized growth rates of 7%. Fortunately, this performance marked a minor increase from the 6% annualized gains posted during the prior quarter, and this shows that Alibaba’s plans to fortify its cloud infrastructure and gain market share in both artificial intelligence and cloud services. In large part, these efforts have been hindered by the Chinese government's efforts to clamp down on leading technology companies, in moves that reached heights in 2022. In the periods that followed, Alibaba has had to make significant changes in leadership roles in several areas and engage in strategic moves to promote growth through focused competition with Chinese rivals as a way of navigating through rising challenges within the domestic economic framework.Alibaba: Comparative Forward Price to Earnings Valuations (YCharts)Generalized weaknesses in the Chinese economy with respect to e-commerce and consumer spending on China’s mainland have created situations where several retailers in the region have recently reported lackluster quarterly earnings results. One other example is JD.com, Inc. (JD) and recent declines in share prices have sent shares of the stock to a lower forward price-earnings ratio of 8.737x. Of course, this is firmly below Alibaba’s current forward price-earnings ratio (which now stands at 10.54x). Clearly, these weaker valuations have become a trend within the industry because roughly similar metrics can be seen in PDD Holdings, Inc. (PDD), which is currently trading with a forward price-earnings multiple of 9.781x. Interestingly, we can compare this to a U.S. e-commerce retailer like Amazon.com, Inc. (AMZN), which trades with a much higher forward price-earnings ratio of 39.55x. But it should also be noted that there are still similar North American companies within the same competing industry peer that are trading at much lower valuations. Two of my favorite options with lower current valuations would be eBay Inc. (EBAY) at 12.7x and Etsy, Inc. (ETSY) at 11.08x.Alibaba: Comparative Forward Price to Sales Valuations (YCharts)If we change the valuation metric and use the forward price-sales ratio, Alibaba starts to look more favorable within this industry peer grouping (at 1.507x) because PinDuoDuo is trading at nearly twice the valuation (at 2.813x). Conversely, JD.com is still much cheaper (at 0.325x) but the North American stocks are significantly more expensive, with Amazon now seen with a forward price-sales ratio of 3.332x. Somewhat similar metrics for eBay can be seen at 2.863x, but Etsy is currently trading at much lower valuations at 1.981x.Alibaba: Comparative Forward Price to Book Valuations (YCharts)In Alibaba’s case, price-book ratios arguably offer the most favorable valuation metric because the company is currently trading at just 1.642x book value. In this case, both JD.com (at 1.687x) and PinDuoDuo (which is much higher, at 4.531x) are trading at more expensive valuations at the moment. North American counterparts are currently looking far less attractive using this valuation basis, as Amazon is trading with an elevated price-book ratio of 8.199x, while eBay is seen at 5.432x and Etsy trades massively higher (with a jaw-dropping price-book valuation of 22.11x). On balance, I think this broader valuation metric gives us the best sense of Alibaba’s current position relative to key competitors within the industry, and I think these trends show us that Alibaba remains attractively valued at the moment.Alibaba: Major Declines & Key Price Levels (Income Generator via TradingView)In addition to potential overvaluation risks that can be seen when analyzing Alibaba on the comparative basis of its forward price-earnings metrics, recent price moves in shares of BABA show possible warning signals for long trades taken near current levels. Specifically, the stock has recently fallen through the 61.8% Fibonacci retracement of the bullish rally from the June 24th, 2024 lows of $71.80 to the October 7th, 2024 highs of $117.82 (which is located above $89.30). Additionally, the stock’s 200-period exponential moving average on the 4-hour timeframe was also broken during this recent price decline, and this suggests that BABA might still fall further before finding support. To the downside, I will next be watching for a possible test of the 78.6% Fibonacci retracement of the aforementioned price move (which currently rests below $81.60). Fortunately, stochastic indicator readings are currently holding at oversold levels, and this ultimately suggests that share prices are likely to start finding support relatively soon. As a result, I think that further declines might be limited, and I believe that the stock’s attractive relative price-book valuations are supported by the longer-term growth prospects that continue to develop within Alibaba’s recent quarterly earnings reports. For these reasons, I will continue holding my long position and I expect to see the stock rally to new near-term highs before the end of the year.","news_type":1},"isVote":1,"tweetType":1,"viewCount":274,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":372976917889328,"gmtCreate":1732068798548,"gmtModify":1732068802460,"author":{"id":"3569189138119123","authorId":"3569189138119123","name":"Brrnie","avatar":"https://static.tigerbbs.com/535df402960cd7d1f41b24d9f5d687b7","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569189138119123","authorIdStr":"3569189138119123"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/09988\">$BABA-W(09988)$&nbsp;</a> frigging disappointing&nbsp;","listText":"<a href=\"https://ttm.financial/S/09988\">$BABA-W(09988)$&nbsp;</a> frigging disappointing&nbsp;","text":"$BABA-W(09988)$ frigging disappointing","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/372976917889328","isVote":1,"tweetType":1,"viewCount":218,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":372657807581472,"gmtCreate":1732023581476,"gmtModify":1732024609624,"author":{"id":"3569189138119123","authorId":"3569189138119123","name":"Brrnie","avatar":"https://static.tigerbbs.com/535df402960cd7d1f41b24d9f5d687b7","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569189138119123","authorIdStr":"3569189138119123"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/MVST\">$Microvast Holdings, Inc.(MVST)$ </a> frigging falling knife&nbsp;","listText":"<a href=\"https://ttm.financial/S/MVST\">$Microvast Holdings, Inc.(MVST)$ </a> frigging falling knife&nbsp;","text":"$Microvast Holdings, Inc.(MVST)$ frigging falling knife","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/372657807581472","isVote":1,"tweetType":1,"viewCount":287,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":371252608086328,"gmtCreate":1731677563302,"gmtModify":1731677567093,"author":{"id":"3569189138119123","authorId":"3569189138119123","name":"Brrnie","avatar":"https://static.tigerbbs.com/535df402960cd7d1f41b24d9f5d687b7","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569189138119123","authorIdStr":"3569189138119123"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/NIO\">$NIO Inc.(NIO)$&nbsp;</a> turd","listText":"<a href=\"https://ttm.financial/S/NIO\">$NIO Inc.(NIO)$&nbsp;</a> turd","text":"$NIO Inc.(NIO)$ turd","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/371252608086328","isVote":1,"tweetType":1,"viewCount":254,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":370250777383088,"gmtCreate":1731396116668,"gmtModify":1731398888172,"author":{"id":"3569189138119123","authorId":"3569189138119123","name":"Brrnie","avatar":"https://static.tigerbbs.com/535df402960cd7d1f41b24d9f5d687b7","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569189138119123","authorIdStr":"3569189138119123"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/09988\">$BABA-W(09988)$&nbsp;</a> frigging shiit stock&nbsp;","listText":"<a href=\"https://ttm.financial/S/09988\">$BABA-W(09988)$&nbsp;</a> frigging shiit stock&nbsp;","text":"$BABA-W(09988)$ frigging shiit stock","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/370250777383088","isVote":1,"tweetType":1,"viewCount":275,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":365259753410680,"gmtCreate":1730218350423,"gmtModify":1730218353273,"author":{"id":"3569189138119123","authorId":"3569189138119123","name":"Brrnie","avatar":"https://static.tigerbbs.com/535df402960cd7d1f41b24d9f5d687b7","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569189138119123","authorIdStr":"3569189138119123"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/DQ\">$Daqo New(DQ)$&nbsp;</a> roller coaster ride&nbsp;","listText":"<a href=\"https://ttm.financial/S/DQ\">$Daqo New(DQ)$&nbsp;</a> roller coaster ride&nbsp;","text":"$Daqo New(DQ)$ roller coaster ride","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/365259753410680","isVote":1,"tweetType":1,"viewCount":159,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":361195905060984,"gmtCreate":1729218173302,"gmtModify":1729218605209,"author":{"id":"3569189138119123","authorId":"3569189138119123","name":"Brrnie","avatar":"https://static.tigerbbs.com/535df402960cd7d1f41b24d9f5d687b7","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569189138119123","authorIdStr":"3569189138119123"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/09988\">$BABA-W(09988)$&nbsp;</a> frigging crap stock&nbsp;","listText":"<a href=\"https://ttm.financial/S/09988\">$BABA-W(09988)$&nbsp;</a> frigging crap stock&nbsp;","text":"$BABA-W(09988)$ frigging crap stock","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/361195905060984","isVote":1,"tweetType":1,"viewCount":101,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":361191901962480,"gmtCreate":1729217284408,"gmtModify":1729217288249,"author":{"id":"3569189138119123","authorId":"3569189138119123","name":"Brrnie","avatar":"https://static.tigerbbs.com/535df402960cd7d1f41b24d9f5d687b7","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569189138119123","authorIdStr":"3569189138119123"},"themes":[],"htmlText":"Bullshxxt news. Honkong stocks dive&nbsp;","listText":"Bullshxxt news. Honkong stocks dive&nbsp;","text":"Bullshxxt news. Honkong stocks dive","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/361191901962480","repostId":"1123157368","repostType":4,"repost":{"id":"1123157368","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":1729233910,"share":"https://ttm.financial/m/news/1123157368?lang=&edition=fundamental","pubTime":"2024-10-18 14:45","market":"hk","language":"en","title":"Hong Kong Stocks Shine After China Datas; Meituan Jumps 10%; Alibaba Gains 4%","url":"https://stock-news.laohu8.com/highlight/detail?id=1123157368","media":"Tiger Newspress","summary":"Hong Kong stocks rose in morning trading. Chinese growth and activity data is due at 10:00 local time. China’s largest state-owned lenders have cut their deposit rates on Friday, their second reduction this year. Major banks including Industrial & Commercial Bank of China Ltd. and China Construction Bank Corp. trimmed the interest offered on one-year, two-year, three-year and five-year time deposits by 25 basis points, according to levels shown on their respective apps.The Hang Seng Index rose 0","content":"<html><head></head><body><p>Hong Kong stocks extended gains in afternoon trading after China datas.</p><p>China&#39;s Third-Quarter GDP grew 4.6%, slightly beating expectations; Industrial output, retail sales beat, expand faster than August; Jan.-Sept. fixed investment also rises more than expected.</p><p>Meanwhile, PBOC Governor said China will cut RRR Furthery by 25 to 50 bps based on market liduidity before end-2024, and to cut LPR by 20 -25 bps on Oct.21; PBOC officially launched securities, funds, and insurance company swap facility (sfisf) operations starting today; PBOC launched special re-lending program with initial quota of 300 billion yuan, interest rate at 1.75%, one-year term.</p><p>The Hang Seng Index rose nearly 4%, while the Hang Seng Tech Index rose 6.2%.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/6a0b2b97d1f6c822b7fd7cad19b36726\" title=\"\" tg-width=\"918\" tg-height=\"46\"/></p><p style=\"text-align: start;\">In terms of individual stocks, securities companies and semiconductor companies surged in afternoon trading. CMSC and HG SEMI rose 31%; SWHY rose 25%; SMIC rose 17%; CICC rose 16%.</p><p style=\"text-align: start;\">While tech stocks also jumped. Meituan rose 10%; Bilibili rose 9%; Trip.com rose 8%; BYD and Xiaomi rose 7%; JD.com, Baidu, and Alibaba rose 4%; XPeng rose 3%; NIO rose 2%.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/f2fad0a24f23af5e3849524363e09d7d\" title=\"\" tg-width=\"358\" tg-height=\"3095\"/></p><p style=\"text-align: start;\"></p><p></p></body></html>","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>Hong Kong Stocks Shine After China Datas; Meituan Jumps 10%; Alibaba Gains 4%</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: 11px; color: #7E829C; margin: 0;line-height: 11px;}\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\">\nHong Kong Stocks Shine After China Datas; Meituan Jumps 10%; Alibaba Gains 4%\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\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\">2024-10-18 14:45</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Hong Kong stocks extended gains in afternoon trading after China datas.</p><p>China&#39;s Third-Quarter GDP grew 4.6%, slightly beating expectations; Industrial output, retail sales beat, expand faster than August; Jan.-Sept. fixed investment also rises more than expected.</p><p>Meanwhile, PBOC Governor said China will cut RRR Furthery by 25 to 50 bps based on market liduidity before end-2024, and to cut LPR by 20 -25 bps on Oct.21; PBOC officially launched securities, funds, and insurance company swap facility (sfisf) operations starting today; PBOC launched special re-lending program with initial quota of 300 billion yuan, interest rate at 1.75%, one-year term.</p><p>The Hang Seng Index rose nearly 4%, while the Hang Seng Tech Index rose 6.2%.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/6a0b2b97d1f6c822b7fd7cad19b36726\" title=\"\" tg-width=\"918\" tg-height=\"46\"/></p><p style=\"text-align: start;\">In terms of individual stocks, securities companies and semiconductor companies surged in afternoon trading. CMSC and HG SEMI rose 31%; SWHY rose 25%; SMIC rose 17%; CICC rose 16%.</p><p style=\"text-align: start;\">While tech stocks also jumped. Meituan rose 10%; Bilibili rose 9%; Trip.com rose 8%; BYD and Xiaomi rose 7%; JD.com, Baidu, and Alibaba rose 4%; XPeng rose 3%; NIO rose 2%.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/f2fad0a24f23af5e3849524363e09d7d\" title=\"\" tg-width=\"358\" tg-height=\"3095\"/></p><p style=\"text-align: start;\"></p><p></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1123157368","content_text":"Hong Kong stocks extended gains in afternoon trading after China datas.China's Third-Quarter GDP grew 4.6%, slightly beating expectations; Industrial output, retail sales beat, expand faster than August; Jan.-Sept. fixed investment also rises more than expected.Meanwhile, PBOC Governor said China will cut RRR Furthery by 25 to 50 bps based on market liduidity before end-2024, and to cut LPR by 20 -25 bps on Oct.21; PBOC officially launched securities, funds, and insurance company swap facility (sfisf) operations starting today; PBOC launched special re-lending program with initial quota of 300 billion yuan, interest rate at 1.75%, one-year term.The Hang Seng Index rose nearly 4%, while the Hang Seng Tech Index rose 6.2%.In terms of individual stocks, securities companies and semiconductor companies surged in afternoon trading. CMSC and HG SEMI rose 31%; SWHY rose 25%; SMIC rose 17%; CICC rose 16%.While tech stocks also jumped. Meituan rose 10%; Bilibili rose 9%; Trip.com rose 8%; BYD and Xiaomi rose 7%; JD.com, Baidu, and Alibaba rose 4%; XPeng rose 3%; NIO rose 2%.","news_type":1},"isVote":1,"tweetType":1,"viewCount":200,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":360274810261832,"gmtCreate":1728962229171,"gmtModify":1728963709908,"author":{"id":"3569189138119123","authorId":"3569189138119123","name":"Brrnie","avatar":"https://static.tigerbbs.com/535df402960cd7d1f41b24d9f5d687b7","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569189138119123","authorIdStr":"3569189138119123"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/09988\">$BABA-W(09988)$&nbsp;</a> Chinese stocks doomed again. Sigh. Useless cpc","listText":"<a href=\"https://ttm.financial/S/09988\">$BABA-W(09988)$&nbsp;</a> Chinese stocks doomed again. Sigh. Useless cpc","text":"$BABA-W(09988)$ Chinese stocks doomed again. Sigh. Useless cpc","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/360274810261832","isVote":1,"tweetType":1,"viewCount":128,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":357809423171768,"gmtCreate":1728376220211,"gmtModify":1728377508465,"author":{"id":"3569189138119123","authorId":"3569189138119123","name":"Brrnie","avatar":"https://static.tigerbbs.com/535df402960cd7d1f41b24d9f5d687b7","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569189138119123","authorIdStr":"3569189138119123"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/BABA\">$Alibaba(BABA)$&nbsp;</a> Chinese shiiits&nbsp;","listText":"<a href=\"https://ttm.financial/S/BABA\">$Alibaba(BABA)$&nbsp;</a> Chinese shiiits&nbsp;","text":"$Alibaba(BABA)$ Chinese shiiits","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/357809423171768","isVote":1,"tweetType":1,"viewCount":71,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":353243231547768,"gmtCreate":1727248098705,"gmtModify":1727248124933,"author":{"id":"3569189138119123","authorId":"3569189138119123","name":"Brrnie","avatar":"https://static.tigerbbs.com/535df402960cd7d1f41b24d9f5d687b7","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569189138119123","authorIdStr":"3569189138119123"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/09988\">$BABA-W(09988)$&nbsp;</a> frigging shit. Can't hold gain for a day&nbsp;","listText":"<a href=\"https://ttm.financial/S/09988\">$BABA-W(09988)$&nbsp;</a> frigging shit. Can't hold gain for a day&nbsp;","text":"$BABA-W(09988)$ frigging shit. Can't hold gain for a day","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/353243231547768","isVote":1,"tweetType":1,"viewCount":94,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":350048393203968,"gmtCreate":1726496738446,"gmtModify":1726496742305,"author":{"id":"3569189138119123","authorId":"3569189138119123","name":"Brrnie","avatar":"https://static.tigerbbs.com/535df402960cd7d1f41b24d9f5d687b7","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569189138119123","authorIdStr":"3569189138119123"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/DQ\">$Daqo New(DQ)$&nbsp;</a> wyf is going on today&nbsp;","listText":"<a href=\"https://ttm.financial/S/DQ\">$Daqo New(DQ)$&nbsp;</a> wyf is going on today&nbsp;","text":"$Daqo New(DQ)$ wyf is going on today","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/350048393203968","isVote":1,"tweetType":1,"viewCount":279,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3550703733725740","authorId":"3550703733725740","name":"Nite","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":6,"crmLevelSwitch":1,"idStr":"3550703733725740","authorIdStr":"3550703733725740"},"content":"Biden administration decided to impose 50% duties on polysilicon as well","text":"Biden administration decided to impose 50% duties on polysilicon as well","html":"Biden administration decided to impose 50% duties on polysilicon as well"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":347891930624352,"gmtCreate":1725975552095,"gmtModify":1725976353270,"author":{"id":"3569189138119123","authorId":"3569189138119123","name":"Brrnie","avatar":"https://static.tigerbbs.com/535df402960cd7d1f41b24d9f5d687b7","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569189138119123","authorIdStr":"3569189138119123"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/MVST\">$Microvast Holdings, Inc.(MVST)$ </a> piece of junk&nbsp;","listText":"<a href=\"https://ttm.financial/S/MVST\">$Microvast Holdings, Inc.(MVST)$ </a> piece of junk&nbsp;","text":"$Microvast Holdings, Inc.(MVST)$ piece of junk","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/347891930624352","isVote":1,"tweetType":1,"viewCount":134,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":343339717923072,"gmtCreate":1724852699186,"gmtModify":1725334698160,"author":{"id":"3569189138119123","authorId":"3569189138119123","name":"Brrnie","avatar":"https://static.tigerbbs.com/535df402960cd7d1f41b24d9f5d687b7","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569189138119123","authorIdStr":"3569189138119123"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/NIO\">$NIO Inc.(NIO)$&nbsp;</a> frigging shit stock with shithead li&nbsp;","listText":"<a href=\"https://ttm.financial/S/NIO\">$NIO Inc.(NIO)$&nbsp;</a> frigging shit stock with shithead li&nbsp;","text":"$NIO Inc.(NIO)$ frigging shit stock with shithead li","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/343339717923072","isVote":1,"tweetType":1,"viewCount":391,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":197142526955648,"gmtCreate":1689170884508,"gmtModify":1689170887590,"author":{"id":"3569189138119123","authorId":"3569189138119123","name":"Brrnie","avatar":"https://static.tigerbbs.com/535df402960cd7d1f41b24d9f5d687b7","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569189138119123","authorIdStr":"3569189138119123"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/DIDIY\">$DiDi Global Inc.(DIDIY)$ &nbsp;</a>hope the IPO coming soon&nbsp;","listText":"<a href=\"https://ttm.financial/S/DIDIY\">$DiDi Global Inc.(DIDIY)$ &nbsp;</a>hope the IPO coming soon&nbsp;","text":"$DiDi Global Inc.(DIDIY)$ hope the IPO coming soon","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/197142526955648","isVote":1,"tweetType":1,"viewCount":197,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":347891930624352,"gmtCreate":1725975552095,"gmtModify":1725976353270,"author":{"id":"3569189138119123","authorId":"3569189138119123","name":"Brrnie","avatar":"https://static.tigerbbs.com/535df402960cd7d1f41b24d9f5d687b7","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569189138119123","authorIdStr":"3569189138119123"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/MVST\">$Microvast Holdings, Inc.(MVST)$ </a> piece of junk&nbsp;","listText":"<a href=\"https://ttm.financial/S/MVST\">$Microvast Holdings, Inc.(MVST)$ </a> piece of junk&nbsp;","text":"$Microvast Holdings, Inc.(MVST)$ piece of junk","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/347891930624352","isVote":1,"tweetType":1,"viewCount":134,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":333082740281376,"gmtCreate":1722347053660,"gmtModify":1722347057068,"author":{"id":"3569189138119123","authorId":"3569189138119123","name":"Brrnie","avatar":"https://static.tigerbbs.com/535df402960cd7d1f41b24d9f5d687b7","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569189138119123","authorIdStr":"3569189138119123"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/DOYU\">$DouYu(DOYU)$ </a> what's the heck going on&nbsp;","listText":"<a href=\"https://ttm.financial/S/DOYU\">$DouYu(DOYU)$ </a> what's the heck going on&nbsp;","text":"$DouYu(DOYU)$ what's the heck going on","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/333082740281376","isVote":1,"tweetType":1,"viewCount":447,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":311767585832968,"gmtCreate":1717140980247,"gmtModify":1717140983963,"author":{"id":"3569189138119123","authorId":"3569189138119123","name":"Brrnie","avatar":"https://static.tigerbbs.com/535df402960cd7d1f41b24d9f5d687b7","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569189138119123","authorIdStr":"3569189138119123"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/00241\">$ALI HEALTH(00241)$ </a> crappy&nbsp;","listText":"<a href=\"https://ttm.financial/S/00241\">$ALI HEALTH(00241)$ </a> crappy&nbsp;","text":"$ALI HEALTH(00241)$ crappy","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/311767585832968","isVote":1,"tweetType":1,"viewCount":260,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":260814743163160,"gmtCreate":1704685838568,"gmtModify":1704691984209,"author":{"id":"3569189138119123","authorId":"3569189138119123","name":"Brrnie","avatar":"https://static.tigerbbs.com/535df402960cd7d1f41b24d9f5d687b7","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569189138119123","authorIdStr":"3569189138119123"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/HSI\">$HSI(HSI)$&nbsp;</a> shiit piiing is real cummie to destroy wealth&nbsp;","listText":"<a href=\"https://ttm.financial/S/HSI\">$HSI(HSI)$&nbsp;</a> shiit piiing is real cummie to destroy wealth&nbsp;","text":"$HSI(HSI)$ shiit piiing is real cummie to destroy wealth","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":1,"link":"https://ttm.financial/post/260814743163160","isVote":1,"tweetType":1,"viewCount":311,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":294570533331016,"gmtCreate":1712934972087,"gmtModify":1712936410355,"author":{"id":"3569189138119123","authorId":"3569189138119123","name":"Brrnie","avatar":"https://static.tigerbbs.com/535df402960cd7d1f41b24d9f5d687b7","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569189138119123","authorIdStr":"3569189138119123"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/NIO\">$NIO Inc.(NIO)$&nbsp;</a> biggest scammer is li. Should be kicked out to save the company. Money thrown into a pitfire&nbsp;","listText":"<a href=\"https://ttm.financial/S/NIO\">$NIO Inc.(NIO)$&nbsp;</a> biggest scammer is li. Should be kicked out to save the company. Money thrown into a pitfire&nbsp;","text":"$NIO Inc.(NIO)$ biggest scammer is li. Should be kicked out to save the company. Money thrown into a pitfire","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/294570533331016","isVote":1,"tweetType":1,"viewCount":334,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9921261414,"gmtCreate":1671069083439,"gmtModify":1676538484527,"author":{"id":"3569189138119123","authorId":"3569189138119123","name":"Brrnie","avatar":"https://static.tigerbbs.com/535df402960cd7d1f41b24d9f5d687b7","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569189138119123","authorIdStr":"3569189138119123"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/09988\">$Alibaba(09988)$&nbsp;</a>baba has been a pain in my a****.&nbsp; Come on jack show up your face.&nbsp;","listText":"<a href=\"https://ttm.financial/S/09988\">$Alibaba(09988)$&nbsp;</a>baba has been a pain in my a****.&nbsp; Come on jack show up your face.&nbsp;","text":"$Alibaba(09988)$ baba has been a pain in my a****. Come on jack show up your face.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9921261414","isVote":1,"tweetType":1,"viewCount":133,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":286886780817496,"gmtCreate":1711063140469,"gmtModify":1711063144139,"author":{"id":"3569189138119123","authorId":"3569189138119123","name":"Brrnie","avatar":"https://static.tigerbbs.com/535df402960cd7d1f41b24d9f5d687b7","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569189138119123","authorIdStr":"3569189138119123"},"themes":[],"htmlText":"Yet stock price going downward spiral&nbsp;","listText":"Yet stock price going downward spiral&nbsp;","text":"Yet stock price going downward spiral","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/286886780817496","repostId":"1191722789","repostType":2,"repost":{"id":"1191722789","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":1710921666,"share":"https://ttm.financial/m/news/1191722789?lang=&edition=fundamental","pubTime":"2024-03-20 16:01","market":"us","language":"en","title":"Tiger Brokers 2023 Net Income Surged by 237%, Client Assets Hit Record High","url":"https://stock-news.laohu8.com/highlight/detail?id=1191722789","media":"Tiger Newspress","summary":"Singapore and New York, March 20, 2024 — UP Fintech Holding Limited (\"UP Fintech\" or the \"Company\", Nasdaq: TIGR, and all its subsidiaries and consolidated entities), a leading online brokerage firm c","content":"<html><head></head><body><p><strong>Singapore and New York, March 20, 2024</strong> — UP Fintech Holding Limited (&#34;UP Fintech&#34; or the &#34;Company&#34;, Nasdaq: TIGR, and all its subsidiaries and consolidated entities), a leading online brokerage firm committed to redefining global investing through next-generation technologies, today announced its unaudited financial results for the fourth quarter and full year ended December 31, 2023. In the fourth quarter, the Company achieved a revenue of US$70 million. For the year ended 2023, total revenues increased 20.9% year-over-year to US$272.5 million. Due to the depreciation of the US dollar in the fourth quarter, resulting in a foreign exchange loss of over US$7 million, the non-GAAP net income for the quarter amounted to US$1.1 million. For the entire year, the non-GAAP net income totaled US$42.7 million, which is 3.4 times that of 2022.</p><p style=\"text-align: left;\">During the fourth quarter, UP Fintech added 47,797 new global account holders, marking a 65.9% increase quarter-over-quarter and bringing the global total to 2.2 million, up 9.3% year-over-year. Funded accounts increased by 39,034, showing a growth of 58.6% quarter-over-quarter and 42.8% year-over-year, reaching a total of 904,600 accounts. In 2023, the company added 123,110 funded accounts, mainly from markets outside the Chinese mainland, surpassing annual guidance of 100,000. The Company&#39;s total trading volume reached $81.8 billion during the period. With a strong brand presence in Southeast Asia and an expanding institutional business footprint, net asset inflow from both individual and institutional clients amounted to US$8.2 billion during the quarter, maintaining robust momentum. This droves a quarter-over-quarter increase of 62.1% and a year-over-year increase of 118.5% in total client assets, reaching US$30.6 billion. The retention rate of funded clients remained consistently high at 98%.</p><p style=\"text-align: left;\"> </p><p style=\"text-align: left;\"><strong>Over 75% of Total Client Assets Came from Clients in Markets such as Singapore and the US</strong></p><p style=\"text-align: left;\"><strong>Singapore Accounts for the Highest Proportion of Total Funded Clients</strong></p><p style=\"text-align: left;\">Mr. Wu Tianhua, Founder and CEO of UP Fintech, commented, &#34;Over the past year, our robust globalization efforts have resulted in a doubling of our global client assets, reaching a historic high. Over 75% of our total client assets now come from clients beyond the Chinese mainland and Hong Kong, including regions such as Singapore, Australia, New Zealand, and the US. Singapore&#39;s role as our group&#39;s headquarters has been further underscored: whether on a quarterly or annual basis, the proportion of new funded clients from Singapore has consistently been the highest. Currently, Singapore clients represent the largest share of our group&#39;s total funded clients, with over half of our monthly trading clients hailing from the Singapore market, making it the most active region among all markets. &#34;</p><p style=\"text-align: left;\">&#34;In 2024, as the Company celebrates its tenth anniversary and fifth year since going public, we reflect on the past five years of remarkable growth. Our global funded clients and assets have surged over tenfold, with revenue nearly quadrupling and net incomes compounding at a rate of 72%. Looking ahead, we are committed to furthering our globalization strategy, solidifying our market share in Singapore, Australia, New Zealand, and Hong Kong to emerge as a world-leading fintech brokerage. On the brokerage front, we&#39;ll expand our offerings and services to better cater to the diverse wealth management needs of both individual and institutional investors. For instance, in January of this year, we introduced trading for 11 Bitcoin spot ETFs, and concurrently, received approval from the Hong Kong Securities and Futures Commission for Tiger Hong Kong&#39;s Type 1 License uplift, enabling us to offer virtual asset trading services to local professional investors, facilitating seamless one-stop asset allocation across stocks, options, futures, and cryptocurrencies. On the institutional side, leveraging our swift account opening process, multi-asset trading capabilities, rapid response times, and customizable solutions, along with our self-developed multi-management platform, we look forward to assisting more institutional clients in enhancing their operational efficiency.&#34;</p><p style=\"text-align: left;\"> </p><p style=\"text-align: left;\"><strong>Singapore Brand Expands: Regional New Funded Clients Increase by 70% QoQ</strong></p><p style=\"text-align: left;\"><strong>Hong Kong Customer Assets Doubled QoQ, Q4 Net Asset Inflow Beat 2023&#39;s First Three Quarters Combined</strong></p><p style=\"text-align: left;\">In 2023, UP Fintech&#39;s global presence grew steadily. Benefiting from the extensive reputation built in the Singapore market, new funded client in Singapore and surrounding areas surged by 70.2% quarter-on-quarter. In Singapore, the average net asset inflow per new funded client reached over US$16,000 during the period, marking a historic high. Tiger Trade remains a top choice for Singapore residents, with approximately one in three using the platform*. Tiger Trade has also gradually become the preferred platform for more local clients to trade a diverse range of products. By offering users free SGX LV2 market data and promotional rates on US stock options, the trading volume of local Singapore stocks during the period increased by 27.8% year-over-year; US stock options trading orders increased by 7.2% quarter-over-quarter and 12.2% year-over-year. In 2023, the Company was once again honored with the &#34;Best Retail Broker&#34; award by the Singapore Securities Investors Association.</p><p style=\"text-align: left;\">In addition to its robust retail operations, the Company also launched a one-stop wealth management solution for major financial advisory firms and wealth management entities in Singapore. Addressing the industry&#39;s current pain points such as complex client onboarding requirements, cumbersome account opening processes, limited trading options, and low transaction settlement efficiency, the Company introduced its next-generation Turnkey Asset Management Platform (TAMP). This platform offers flexible account structures, fully online account opening, multi-market and multi-asset trading, extensive analysis and trading tools, and diversified reporting. It is also supported by a team with rich experience in business and services. &#34;Our commitment to combining cutting-edge technology with human expertise has positioned us as a trusted partner, fostering long-term relationships and bolstering our standing in the competitive landscape of the financial sector.&#34; said Wu Tianhua.</p><p style=\"text-align: left;\">In the Hong Kong market, UP Fintech saw a quarter-on-quarter increase of 20.9% in funded clients and a 150.7% increase in client assets. Net asset inflows for the quarter surpassed the total for the first three quarters of 2023. During this period, the Company introduced the A-share Connect feature in Hong Kong, facilitating trading of over 2,500 eligible stocks and ETFs listed on the Shanghai and Shenzhen stock exchanges. Additionally, the Company launched the &#34;Fixed Income&#34; section, offering selected bond funds to assist Hong Kong clients in positioning themselves early for potential interest rate cuts. By December 2023, trading orders from the Company&#39;s Hong Kong users had surged nearly 30 times compared to the beginning of the year, with monthly US stock orders increasing almost 36 times. The industry has acknowledged the company&#39;s product and service strength, evident from awards such as the &#34;Top Two Futures Brokers&#34; from SGX and the &#34;Innovative Broker&#34; and &#34;Broker Program Key Partner&#34; awards from the CME.</p><p style=\"text-align: left;\"> </p><p style=\"text-align: left;\">In Australia, the Company launched CHESS sponsorship for ASX share trading, further enhancing client asset security. By Q4 2023, the number of Australian trading clients grew by 49.4% year-on-year, with US stocks and options traders increased by 65.8% and 67.6% respectively. In New Zealand, leveraging advantages such as free in-depth quotes for US stocks, extended trading hours, and rich options trading experience, local trading clients grew by 19.1% in the fourth quarter, with client assets increasing by 12.0% compared to the last quarter. Currently, the Tiger Trade app has surged to the top 20 in the financial category of local app store**.</p><p style=\"text-align: left;\"> </p><p style=\"text-align: left;\"><strong>Wealth management AUM grew by over 400% YoY</strong></p><p style=\"text-align: left;\"><strong>FCN introduced to meet professional investor needs</strong></p><p style=\"text-align: left;\">In the fourth quarter, commission income reached US$22 million and interest-related income climbed to US$43 million, marking a QoQ increase of approximately 3.7%. For the full year of 2023, the Company&#39;s commission income totaled US$92.6 million. Interest-related income amounted to US$161.5 million, with a year-over-year growth of approximately 73.5%.</p><p style=\"text-align: left;\">During this period, the Company continued to improve the options trading experience by introducing multi-leg orders on nine major US stock index options. This helps investors capitalize on potential profit opportunities resulting from market fluctuations. Additionally, the company rolled out the options rolling feature, allowing investors to close existing options positions and open new ones with a single order. This enables professional options traders to adjust their strategies and manage risks more effectively. Since its full launch in the fourth quarter, multi-leg options trades have increased sixfold compared to the previous quarter. </p><p style=\"text-align: left;\">&#34;Trade Feed,&#34; formerly known as &#34;Trading Sparks,&#34; has undergone continuous updates, now allowing users to share multi-leg options trades while displaying the current trading profit and loss ratio. By the fourth quarter, the number of users subscribing to track other sharers&#39; trading feed surged by 282.4% compared to the previous quarter, with over 100 trading sharers joining. Furthermore, the daily average number of shared posts soared by 191.1% quarter-over-quarter, contributing to a vibrant and active Tiger community. Additionally, TigerGPT has launched a news summary feature during the period, enabling users to summarize and analyze the full text of articles with a single click, including identifying trading opportunities and risks, thus enhancing reading efficiency. As of Q4, TigerGPT has engaged in nearly 200,000 conversations with users.</p><p style=\"text-align: left;\"> </p><p style=\"text-align: left;\">The wealth management business continues its rapid growth trajectory. In the fourth quarter, the wealth business&#39;s assets under management (AUM) surged by 25.3% compared to the previous quarter, with a year-on-year growth of 420.9%. Additionally, the number of clients increased by 16.9% quarter-over-quarter and 163.9% year-over-year.</p><p style=\"text-align: left;\">During the quarter, the Company launched its US Treasury trading service, providing over 360 different types and maturities of US Treasury products. The minimum investment threshold was reduced to $1,000, coupled with highly competitive trading fees, were well-received by clients. Furthermore, fixed coupon notes (FCNs) were introduced to further meet the asset allocation needs of professional investors. Simultaneously, the wealth management interface within the Tiger Trade app underwent a redesign, with the revamped &#34;Wealth&#34; center now offering comprehensive displays of the company&#39;s wealth management products across different asset classes. This enhancement enables retail investors, institutions, and high-net-worth clients to efficiently select investments according to their investment goals and risk preferences. Service penetration keeps rising, with 1 in 4 new funded clients in Q4 opting for Tiger&#39;s wealth management services. Tiger Vault has also become a popular choice for managing idle funds among Hong Kong clients, seeing a 28.8% quarter-over-quarter growth in user numbers and a 61.2% increase in AUM.</p><p style=\"text-align: left;\">  </p><p style=\"text-align: left;\"><strong>Over 500 ESOP clients served</strong></p><p style=\"text-align: left;\"><strong>Leading underwriting business with 150+ HK and U.S. IPOs</strong></p><p style=\"text-align: left;\">During the reporting period, UP Fintech&#39;s other revenues, encompassing services such as investment banking and Employee Stock Ownership Plan (ESOP), amounted to US$4.9 million. In 2023, other revenues were US$18.4 million in total.</p><p style=\"text-align: left;\">In the investment banking segment, the Company underwrote eight Hong Kong IPOs and one U.S. IPO. In 2023, the Company participated in underwriting five of the top ten companies in terms of funds raised in Hong Kong IPOs. Additionally, among the pre-filed US-listed companies in 2023, it acted as the lead underwriter for four companies, securing the top spot in terms of quantity***. Since venturing into investment banking, the Company has participated in underwriting over 150 companies for listings in Hong Kong and the US, leading the industry in both quantity and recognition. </p><p style=\"text-align: left;\">On the ESOP front, the Company&#39;s brand UponeShare added 30 new corporate clients in the quarter, a 15.4% year-over-year increase and an 11.1% increase from the previous quarter. In 2023, UponeShare added 116 new corporate clients, bringing the total number of serviced corporate clients to 535. With a high level of customer satisfaction, annual customer repurchase orders exceeded 30%. Leveraging industry-leading digital technology, UponeShare follows a &#34;consulting + SaaS&#34; service model to provide end-to-end equity incentive services, catering to both listed and non-listed companies (A-shares, Hong Kong shares, US shares) with its self-developed system, thereby empowering enterprises to enhance their equity management efficiency comprehensively.</p><p style=\"text-align: left;\">In the enterprise account segment, the company&#39;s total number of clients has increased to 420, with over 15% of clients having a market value exceeding HK$10 billion. Currently, Tiger Enterprise Account offers full lifecycle IR and PR services tailored to the diverse communication needs of enterprises across various industries.</p><p style=\"text-align: left;\"> </p><p style=\"text-align: left;\"><em>*Based on the 2023 Singapore resident population</em></p><p style=\"text-align: left;\"><em>**Data as of 2/22/2024, sourced from app.diandian.</em></p><p style=\"text-align: left;\"><em>***Data derived from publicly available and trackable projects.</em></p><p style=\"text-align: left;\"> </p></body></html>","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 2023 Net Income Surged by 237%, Client Assets Hit Record High</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: 11px; color: #7E829C; margin: 0;line-height: 11px;}\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 2023 Net Income Surged by 237%, Client Assets Hit Record High\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\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\">2024-03-20 16:01</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p><strong>Singapore and New York, March 20, 2024</strong> — UP Fintech Holding Limited (&#34;UP Fintech&#34; or the &#34;Company&#34;, Nasdaq: TIGR, and all its subsidiaries and consolidated entities), a leading online brokerage firm committed to redefining global investing through next-generation technologies, today announced its unaudited financial results for the fourth quarter and full year ended December 31, 2023. In the fourth quarter, the Company achieved a revenue of US$70 million. For the year ended 2023, total revenues increased 20.9% year-over-year to US$272.5 million. Due to the depreciation of the US dollar in the fourth quarter, resulting in a foreign exchange loss of over US$7 million, the non-GAAP net income for the quarter amounted to US$1.1 million. For the entire year, the non-GAAP net income totaled US$42.7 million, which is 3.4 times that of 2022.</p><p style=\"text-align: left;\">During the fourth quarter, UP Fintech added 47,797 new global account holders, marking a 65.9% increase quarter-over-quarter and bringing the global total to 2.2 million, up 9.3% year-over-year. Funded accounts increased by 39,034, showing a growth of 58.6% quarter-over-quarter and 42.8% year-over-year, reaching a total of 904,600 accounts. In 2023, the company added 123,110 funded accounts, mainly from markets outside the Chinese mainland, surpassing annual guidance of 100,000. The Company&#39;s total trading volume reached $81.8 billion during the period. With a strong brand presence in Southeast Asia and an expanding institutional business footprint, net asset inflow from both individual and institutional clients amounted to US$8.2 billion during the quarter, maintaining robust momentum. This droves a quarter-over-quarter increase of 62.1% and a year-over-year increase of 118.5% in total client assets, reaching US$30.6 billion. The retention rate of funded clients remained consistently high at 98%.</p><p style=\"text-align: left;\"> </p><p style=\"text-align: left;\"><strong>Over 75% of Total Client Assets Came from Clients in Markets such as Singapore and the US</strong></p><p style=\"text-align: left;\"><strong>Singapore Accounts for the Highest Proportion of Total Funded Clients</strong></p><p style=\"text-align: left;\">Mr. Wu Tianhua, Founder and CEO of UP Fintech, commented, &#34;Over the past year, our robust globalization efforts have resulted in a doubling of our global client assets, reaching a historic high. Over 75% of our total client assets now come from clients beyond the Chinese mainland and Hong Kong, including regions such as Singapore, Australia, New Zealand, and the US. Singapore&#39;s role as our group&#39;s headquarters has been further underscored: whether on a quarterly or annual basis, the proportion of new funded clients from Singapore has consistently been the highest. Currently, Singapore clients represent the largest share of our group&#39;s total funded clients, with over half of our monthly trading clients hailing from the Singapore market, making it the most active region among all markets. &#34;</p><p style=\"text-align: left;\">&#34;In 2024, as the Company celebrates its tenth anniversary and fifth year since going public, we reflect on the past five years of remarkable growth. Our global funded clients and assets have surged over tenfold, with revenue nearly quadrupling and net incomes compounding at a rate of 72%. Looking ahead, we are committed to furthering our globalization strategy, solidifying our market share in Singapore, Australia, New Zealand, and Hong Kong to emerge as a world-leading fintech brokerage. On the brokerage front, we&#39;ll expand our offerings and services to better cater to the diverse wealth management needs of both individual and institutional investors. For instance, in January of this year, we introduced trading for 11 Bitcoin spot ETFs, and concurrently, received approval from the Hong Kong Securities and Futures Commission for Tiger Hong Kong&#39;s Type 1 License uplift, enabling us to offer virtual asset trading services to local professional investors, facilitating seamless one-stop asset allocation across stocks, options, futures, and cryptocurrencies. On the institutional side, leveraging our swift account opening process, multi-asset trading capabilities, rapid response times, and customizable solutions, along with our self-developed multi-management platform, we look forward to assisting more institutional clients in enhancing their operational efficiency.&#34;</p><p style=\"text-align: left;\"> </p><p style=\"text-align: left;\"><strong>Singapore Brand Expands: Regional New Funded Clients Increase by 70% QoQ</strong></p><p style=\"text-align: left;\"><strong>Hong Kong Customer Assets Doubled QoQ, Q4 Net Asset Inflow Beat 2023&#39;s First Three Quarters Combined</strong></p><p style=\"text-align: left;\">In 2023, UP Fintech&#39;s global presence grew steadily. Benefiting from the extensive reputation built in the Singapore market, new funded client in Singapore and surrounding areas surged by 70.2% quarter-on-quarter. In Singapore, the average net asset inflow per new funded client reached over US$16,000 during the period, marking a historic high. Tiger Trade remains a top choice for Singapore residents, with approximately one in three using the platform*. Tiger Trade has also gradually become the preferred platform for more local clients to trade a diverse range of products. By offering users free SGX LV2 market data and promotional rates on US stock options, the trading volume of local Singapore stocks during the period increased by 27.8% year-over-year; US stock options trading orders increased by 7.2% quarter-over-quarter and 12.2% year-over-year. In 2023, the Company was once again honored with the &#34;Best Retail Broker&#34; award by the Singapore Securities Investors Association.</p><p style=\"text-align: left;\">In addition to its robust retail operations, the Company also launched a one-stop wealth management solution for major financial advisory firms and wealth management entities in Singapore. Addressing the industry&#39;s current pain points such as complex client onboarding requirements, cumbersome account opening processes, limited trading options, and low transaction settlement efficiency, the Company introduced its next-generation Turnkey Asset Management Platform (TAMP). This platform offers flexible account structures, fully online account opening, multi-market and multi-asset trading, extensive analysis and trading tools, and diversified reporting. It is also supported by a team with rich experience in business and services. &#34;Our commitment to combining cutting-edge technology with human expertise has positioned us as a trusted partner, fostering long-term relationships and bolstering our standing in the competitive landscape of the financial sector.&#34; said Wu Tianhua.</p><p style=\"text-align: left;\">In the Hong Kong market, UP Fintech saw a quarter-on-quarter increase of 20.9% in funded clients and a 150.7% increase in client assets. Net asset inflows for the quarter surpassed the total for the first three quarters of 2023. During this period, the Company introduced the A-share Connect feature in Hong Kong, facilitating trading of over 2,500 eligible stocks and ETFs listed on the Shanghai and Shenzhen stock exchanges. Additionally, the Company launched the &#34;Fixed Income&#34; section, offering selected bond funds to assist Hong Kong clients in positioning themselves early for potential interest rate cuts. By December 2023, trading orders from the Company&#39;s Hong Kong users had surged nearly 30 times compared to the beginning of the year, with monthly US stock orders increasing almost 36 times. The industry has acknowledged the company&#39;s product and service strength, evident from awards such as the &#34;Top Two Futures Brokers&#34; from SGX and the &#34;Innovative Broker&#34; and &#34;Broker Program Key Partner&#34; awards from the CME.</p><p style=\"text-align: left;\"> </p><p style=\"text-align: left;\">In Australia, the Company launched CHESS sponsorship for ASX share trading, further enhancing client asset security. By Q4 2023, the number of Australian trading clients grew by 49.4% year-on-year, with US stocks and options traders increased by 65.8% and 67.6% respectively. In New Zealand, leveraging advantages such as free in-depth quotes for US stocks, extended trading hours, and rich options trading experience, local trading clients grew by 19.1% in the fourth quarter, with client assets increasing by 12.0% compared to the last quarter. Currently, the Tiger Trade app has surged to the top 20 in the financial category of local app store**.</p><p style=\"text-align: left;\"> </p><p style=\"text-align: left;\"><strong>Wealth management AUM grew by over 400% YoY</strong></p><p style=\"text-align: left;\"><strong>FCN introduced to meet professional investor needs</strong></p><p style=\"text-align: left;\">In the fourth quarter, commission income reached US$22 million and interest-related income climbed to US$43 million, marking a QoQ increase of approximately 3.7%. For the full year of 2023, the Company&#39;s commission income totaled US$92.6 million. Interest-related income amounted to US$161.5 million, with a year-over-year growth of approximately 73.5%.</p><p style=\"text-align: left;\">During this period, the Company continued to improve the options trading experience by introducing multi-leg orders on nine major US stock index options. This helps investors capitalize on potential profit opportunities resulting from market fluctuations. Additionally, the company rolled out the options rolling feature, allowing investors to close existing options positions and open new ones with a single order. This enables professional options traders to adjust their strategies and manage risks more effectively. Since its full launch in the fourth quarter, multi-leg options trades have increased sixfold compared to the previous quarter. </p><p style=\"text-align: left;\">&#34;Trade Feed,&#34; formerly known as &#34;Trading Sparks,&#34; has undergone continuous updates, now allowing users to share multi-leg options trades while displaying the current trading profit and loss ratio. By the fourth quarter, the number of users subscribing to track other sharers&#39; trading feed surged by 282.4% compared to the previous quarter, with over 100 trading sharers joining. Furthermore, the daily average number of shared posts soared by 191.1% quarter-over-quarter, contributing to a vibrant and active Tiger community. Additionally, TigerGPT has launched a news summary feature during the period, enabling users to summarize and analyze the full text of articles with a single click, including identifying trading opportunities and risks, thus enhancing reading efficiency. As of Q4, TigerGPT has engaged in nearly 200,000 conversations with users.</p><p style=\"text-align: left;\"> </p><p style=\"text-align: left;\">The wealth management business continues its rapid growth trajectory. In the fourth quarter, the wealth business&#39;s assets under management (AUM) surged by 25.3% compared to the previous quarter, with a year-on-year growth of 420.9%. Additionally, the number of clients increased by 16.9% quarter-over-quarter and 163.9% year-over-year.</p><p style=\"text-align: left;\">During the quarter, the Company launched its US Treasury trading service, providing over 360 different types and maturities of US Treasury products. The minimum investment threshold was reduced to $1,000, coupled with highly competitive trading fees, were well-received by clients. Furthermore, fixed coupon notes (FCNs) were introduced to further meet the asset allocation needs of professional investors. Simultaneously, the wealth management interface within the Tiger Trade app underwent a redesign, with the revamped &#34;Wealth&#34; center now offering comprehensive displays of the company&#39;s wealth management products across different asset classes. This enhancement enables retail investors, institutions, and high-net-worth clients to efficiently select investments according to their investment goals and risk preferences. Service penetration keeps rising, with 1 in 4 new funded clients in Q4 opting for Tiger&#39;s wealth management services. Tiger Vault has also become a popular choice for managing idle funds among Hong Kong clients, seeing a 28.8% quarter-over-quarter growth in user numbers and a 61.2% increase in AUM.</p><p style=\"text-align: left;\">  </p><p style=\"text-align: left;\"><strong>Over 500 ESOP clients served</strong></p><p style=\"text-align: left;\"><strong>Leading underwriting business with 150+ HK and U.S. IPOs</strong></p><p style=\"text-align: left;\">During the reporting period, UP Fintech&#39;s other revenues, encompassing services such as investment banking and Employee Stock Ownership Plan (ESOP), amounted to US$4.9 million. In 2023, other revenues were US$18.4 million in total.</p><p style=\"text-align: left;\">In the investment banking segment, the Company underwrote eight Hong Kong IPOs and one U.S. IPO. In 2023, the Company participated in underwriting five of the top ten companies in terms of funds raised in Hong Kong IPOs. Additionally, among the pre-filed US-listed companies in 2023, it acted as the lead underwriter for four companies, securing the top spot in terms of quantity***. Since venturing into investment banking, the Company has participated in underwriting over 150 companies for listings in Hong Kong and the US, leading the industry in both quantity and recognition. </p><p style=\"text-align: left;\">On the ESOP front, the Company&#39;s brand UponeShare added 30 new corporate clients in the quarter, a 15.4% year-over-year increase and an 11.1% increase from the previous quarter. In 2023, UponeShare added 116 new corporate clients, bringing the total number of serviced corporate clients to 535. With a high level of customer satisfaction, annual customer repurchase orders exceeded 30%. Leveraging industry-leading digital technology, UponeShare follows a &#34;consulting + SaaS&#34; service model to provide end-to-end equity incentive services, catering to both listed and non-listed companies (A-shares, Hong Kong shares, US shares) with its self-developed system, thereby empowering enterprises to enhance their equity management efficiency comprehensively.</p><p style=\"text-align: left;\">In the enterprise account segment, the company&#39;s total number of clients has increased to 420, with over 15% of clients having a market value exceeding HK$10 billion. Currently, Tiger Enterprise Account offers full lifecycle IR and PR services tailored to the diverse communication needs of enterprises across various industries.</p><p style=\"text-align: left;\"> </p><p style=\"text-align: left;\"><em>*Based on the 2023 Singapore resident population</em></p><p style=\"text-align: left;\"><em>**Data as of 2/22/2024, sourced from app.diandian.</em></p><p style=\"text-align: left;\"><em>***Data derived from publicly available and trackable projects.</em></p><p style=\"text-align: left;\"> </p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1191722789","content_text":"Singapore and New York, March 20, 2024 — UP Fintech Holding Limited (\"UP Fintech\" or the \"Company\", Nasdaq: TIGR, and all its subsidiaries and consolidated entities), a leading online brokerage firm committed to redefining global investing through next-generation technologies, today announced its unaudited financial results for the fourth quarter and full year ended December 31, 2023. In the fourth quarter, the Company achieved a revenue of US$70 million. For the year ended 2023, total revenues increased 20.9% year-over-year to US$272.5 million. Due to the depreciation of the US dollar in the fourth quarter, resulting in a foreign exchange loss of over US$7 million, the non-GAAP net income for the quarter amounted to US$1.1 million. For the entire year, the non-GAAP net income totaled US$42.7 million, which is 3.4 times that of 2022.During the fourth quarter, UP Fintech added 47,797 new global account holders, marking a 65.9% increase quarter-over-quarter and bringing the global total to 2.2 million, up 9.3% year-over-year. Funded accounts increased by 39,034, showing a growth of 58.6% quarter-over-quarter and 42.8% year-over-year, reaching a total of 904,600 accounts. In 2023, the company added 123,110 funded accounts, mainly from markets outside the Chinese mainland, surpassing annual guidance of 100,000. The Company's total trading volume reached $81.8 billion during the period. With a strong brand presence in Southeast Asia and an expanding institutional business footprint, net asset inflow from both individual and institutional clients amounted to US$8.2 billion during the quarter, maintaining robust momentum. This droves a quarter-over-quarter increase of 62.1% and a year-over-year increase of 118.5% in total client assets, reaching US$30.6 billion. The retention rate of funded clients remained consistently high at 98%. Over 75% of Total Client Assets Came from Clients in Markets such as Singapore and the USSingapore Accounts for the Highest Proportion of Total Funded ClientsMr. Wu Tianhua, Founder and CEO of UP Fintech, commented, \"Over the past year, our robust globalization efforts have resulted in a doubling of our global client assets, reaching a historic high. Over 75% of our total client assets now come from clients beyond the Chinese mainland and Hong Kong, including regions such as Singapore, Australia, New Zealand, and the US. Singapore's role as our group's headquarters has been further underscored: whether on a quarterly or annual basis, the proportion of new funded clients from Singapore has consistently been the highest. Currently, Singapore clients represent the largest share of our group's total funded clients, with over half of our monthly trading clients hailing from the Singapore market, making it the most active region among all markets. \"\"In 2024, as the Company celebrates its tenth anniversary and fifth year since going public, we reflect on the past five years of remarkable growth. Our global funded clients and assets have surged over tenfold, with revenue nearly quadrupling and net incomes compounding at a rate of 72%. Looking ahead, we are committed to furthering our globalization strategy, solidifying our market share in Singapore, Australia, New Zealand, and Hong Kong to emerge as a world-leading fintech brokerage. On the brokerage front, we'll expand our offerings and services to better cater to the diverse wealth management needs of both individual and institutional investors. For instance, in January of this year, we introduced trading for 11 Bitcoin spot ETFs, and concurrently, received approval from the Hong Kong Securities and Futures Commission for Tiger Hong Kong's Type 1 License uplift, enabling us to offer virtual asset trading services to local professional investors, facilitating seamless one-stop asset allocation across stocks, options, futures, and cryptocurrencies. On the institutional side, leveraging our swift account opening process, multi-asset trading capabilities, rapid response times, and customizable solutions, along with our self-developed multi-management platform, we look forward to assisting more institutional clients in enhancing their operational efficiency.\" Singapore Brand Expands: Regional New Funded Clients Increase by 70% QoQHong Kong Customer Assets Doubled QoQ, Q4 Net Asset Inflow Beat 2023's First Three Quarters CombinedIn 2023, UP Fintech's global presence grew steadily. Benefiting from the extensive reputation built in the Singapore market, new funded client in Singapore and surrounding areas surged by 70.2% quarter-on-quarter. In Singapore, the average net asset inflow per new funded client reached over US$16,000 during the period, marking a historic high. Tiger Trade remains a top choice for Singapore residents, with approximately one in three using the platform*. Tiger Trade has also gradually become the preferred platform for more local clients to trade a diverse range of products. By offering users free SGX LV2 market data and promotional rates on US stock options, the trading volume of local Singapore stocks during the period increased by 27.8% year-over-year; US stock options trading orders increased by 7.2% quarter-over-quarter and 12.2% year-over-year. In 2023, the Company was once again honored with the \"Best Retail Broker\" award by the Singapore Securities Investors Association.In addition to its robust retail operations, the Company also launched a one-stop wealth management solution for major financial advisory firms and wealth management entities in Singapore. Addressing the industry's current pain points such as complex client onboarding requirements, cumbersome account opening processes, limited trading options, and low transaction settlement efficiency, the Company introduced its next-generation Turnkey Asset Management Platform (TAMP). This platform offers flexible account structures, fully online account opening, multi-market and multi-asset trading, extensive analysis and trading tools, and diversified reporting. It is also supported by a team with rich experience in business and services. \"Our commitment to combining cutting-edge technology with human expertise has positioned us as a trusted partner, fostering long-term relationships and bolstering our standing in the competitive landscape of the financial sector.\" said Wu Tianhua.In the Hong Kong market, UP Fintech saw a quarter-on-quarter increase of 20.9% in funded clients and a 150.7% increase in client assets. Net asset inflows for the quarter surpassed the total for the first three quarters of 2023. During this period, the Company introduced the A-share Connect feature in Hong Kong, facilitating trading of over 2,500 eligible stocks and ETFs listed on the Shanghai and Shenzhen stock exchanges. Additionally, the Company launched the \"Fixed Income\" section, offering selected bond funds to assist Hong Kong clients in positioning themselves early for potential interest rate cuts. By December 2023, trading orders from the Company's Hong Kong users had surged nearly 30 times compared to the beginning of the year, with monthly US stock orders increasing almost 36 times. The industry has acknowledged the company's product and service strength, evident from awards such as the \"Top Two Futures Brokers\" from SGX and the \"Innovative Broker\" and \"Broker Program Key Partner\" awards from the CME. In Australia, the Company launched CHESS sponsorship for ASX share trading, further enhancing client asset security. By Q4 2023, the number of Australian trading clients grew by 49.4% year-on-year, with US stocks and options traders increased by 65.8% and 67.6% respectively. In New Zealand, leveraging advantages such as free in-depth quotes for US stocks, extended trading hours, and rich options trading experience, local trading clients grew by 19.1% in the fourth quarter, with client assets increasing by 12.0% compared to the last quarter. Currently, the Tiger Trade app has surged to the top 20 in the financial category of local app store**. Wealth management AUM grew by over 400% YoYFCN introduced to meet professional investor needsIn the fourth quarter, commission income reached US$22 million and interest-related income climbed to US$43 million, marking a QoQ increase of approximately 3.7%. For the full year of 2023, the Company's commission income totaled US$92.6 million. Interest-related income amounted to US$161.5 million, with a year-over-year growth of approximately 73.5%.During this period, the Company continued to improve the options trading experience by introducing multi-leg orders on nine major US stock index options. This helps investors capitalize on potential profit opportunities resulting from market fluctuations. Additionally, the company rolled out the options rolling feature, allowing investors to close existing options positions and open new ones with a single order. This enables professional options traders to adjust their strategies and manage risks more effectively. Since its full launch in the fourth quarter, multi-leg options trades have increased sixfold compared to the previous quarter. \"Trade Feed,\" formerly known as \"Trading Sparks,\" has undergone continuous updates, now allowing users to share multi-leg options trades while displaying the current trading profit and loss ratio. By the fourth quarter, the number of users subscribing to track other sharers' trading feed surged by 282.4% compared to the previous quarter, with over 100 trading sharers joining. Furthermore, the daily average number of shared posts soared by 191.1% quarter-over-quarter, contributing to a vibrant and active Tiger community. Additionally, TigerGPT has launched a news summary feature during the period, enabling users to summarize and analyze the full text of articles with a single click, including identifying trading opportunities and risks, thus enhancing reading efficiency. As of Q4, TigerGPT has engaged in nearly 200,000 conversations with users. The wealth management business continues its rapid growth trajectory. In the fourth quarter, the wealth business's assets under management (AUM) surged by 25.3% compared to the previous quarter, with a year-on-year growth of 420.9%. Additionally, the number of clients increased by 16.9% quarter-over-quarter and 163.9% year-over-year.During the quarter, the Company launched its US Treasury trading service, providing over 360 different types and maturities of US Treasury products. The minimum investment threshold was reduced to $1,000, coupled with highly competitive trading fees, were well-received by clients. Furthermore, fixed coupon notes (FCNs) were introduced to further meet the asset allocation needs of professional investors. Simultaneously, the wealth management interface within the Tiger Trade app underwent a redesign, with the revamped \"Wealth\" center now offering comprehensive displays of the company's wealth management products across different asset classes. This enhancement enables retail investors, institutions, and high-net-worth clients to efficiently select investments according to their investment goals and risk preferences. Service penetration keeps rising, with 1 in 4 new funded clients in Q4 opting for Tiger's wealth management services. Tiger Vault has also become a popular choice for managing idle funds among Hong Kong clients, seeing a 28.8% quarter-over-quarter growth in user numbers and a 61.2% increase in AUM.  Over 500 ESOP clients servedLeading underwriting business with 150+ HK and U.S. IPOsDuring the reporting period, UP Fintech's other revenues, encompassing services such as investment banking and Employee Stock Ownership Plan (ESOP), amounted to US$4.9 million. In 2023, other revenues were US$18.4 million in total.In the investment banking segment, the Company underwrote eight Hong Kong IPOs and one U.S. IPO. In 2023, the Company participated in underwriting five of the top ten companies in terms of funds raised in Hong Kong IPOs. Additionally, among the pre-filed US-listed companies in 2023, it acted as the lead underwriter for four companies, securing the top spot in terms of quantity***. Since venturing into investment banking, the Company has participated in underwriting over 150 companies for listings in Hong Kong and the US, leading the industry in both quantity and recognition. On the ESOP front, the Company's brand UponeShare added 30 new corporate clients in the quarter, a 15.4% year-over-year increase and an 11.1% increase from the previous quarter. In 2023, UponeShare added 116 new corporate clients, bringing the total number of serviced corporate clients to 535. With a high level of customer satisfaction, annual customer repurchase orders exceeded 30%. Leveraging industry-leading digital technology, UponeShare follows a \"consulting + SaaS\" service model to provide end-to-end equity incentive services, catering to both listed and non-listed companies (A-shares, Hong Kong shares, US shares) with its self-developed system, thereby empowering enterprises to enhance their equity management efficiency comprehensively.In the enterprise account segment, the company's total number of clients has increased to 420, with over 15% of clients having a market value exceeding HK$10 billion. Currently, Tiger Enterprise Account offers full lifecycle IR and PR services tailored to the diverse communication needs of enterprises across various industries. *Based on the 2023 Singapore resident population**Data as of 2/22/2024, sourced from app.diandian.***Data derived from publicly available and trackable projects.","news_type":1},"isVote":1,"tweetType":1,"viewCount":155,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":321248899412144,"gmtCreate":1719460701348,"gmtModify":1719460705113,"author":{"id":"3569189138119123","authorId":"3569189138119123","name":"Brrnie","avatar":"https://static.tigerbbs.com/535df402960cd7d1f41b24d9f5d687b7","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569189138119123","authorIdStr":"3569189138119123"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/01810\">$XIAOMI-W(01810)$&nbsp;</a> wth is wrong with this&nbsp;","listText":"<a href=\"https://ttm.financial/S/01810\">$XIAOMI-W(01810)$&nbsp;</a> wth is wrong with this&nbsp;","text":"$XIAOMI-W(01810)$ wth is wrong with this","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/321248899412144","isVote":1,"tweetType":1,"viewCount":600,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":306162326077488,"gmtCreate":1715781822952,"gmtModify":1715782074526,"author":{"id":"3569189138119123","authorId":"3569189138119123","name":"Brrnie","avatar":"https://static.tigerbbs.com/535df402960cd7d1f41b24d9f5d687b7","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569189138119123","authorIdStr":"3569189138119123"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/NIO\">$NIO Inc.(NIO)$&nbsp;</a> li is crappy guy with no focus on execution. All fancy words and cash burning&nbsp;","listText":"<a href=\"https://ttm.financial/S/NIO\">$NIO Inc.(NIO)$&nbsp;</a> li is crappy guy with no focus on execution. All fancy words and cash burning&nbsp;","text":"$NIO Inc.(NIO)$ li is crappy guy with no focus on execution. All fancy words and cash burning","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":1,"link":"https://ttm.financial/post/306162326077488","isVote":1,"tweetType":1,"viewCount":440,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":254702063038664,"gmtCreate":1703219950525,"gmtModify":1703219953987,"author":{"id":"3569189138119123","authorId":"3569189138119123","name":"Brrnie","avatar":"https://static.tigerbbs.com/535df402960cd7d1f41b24d9f5d687b7","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569189138119123","authorIdStr":"3569189138119123"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/00700\">$TENCENT(00700)$&nbsp;</a> china crooked party. The new name sounds more good&nbsp;","listText":"<a href=\"https://ttm.financial/S/00700\">$TENCENT(00700)$&nbsp;</a> china crooked party. The new name sounds more good&nbsp;","text":"$TENCENT(00700)$ china crooked party. The new name sounds more good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/254702063038664","isVote":1,"tweetType":1,"viewCount":306,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":196459883724936,"gmtCreate":1688969985209,"gmtModify":1688969988080,"author":{"id":"3569189138119123","authorId":"3569189138119123","name":"Brrnie","avatar":"https://static.tigerbbs.com/535df402960cd7d1f41b24d9f5d687b7","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569189138119123","authorIdStr":"3569189138119123"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/09988\">$Alibaba(09988)$&nbsp;</a>frigging disgusting stock I have ever bought&nbsp;","listText":"<a href=\"https://ttm.financial/S/09988\">$Alibaba(09988)$&nbsp;</a>frigging disgusting stock I have ever bought&nbsp;","text":"$Alibaba(09988)$ frigging disgusting stock I have ever bought","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/196459883724936","isVote":1,"tweetType":1,"viewCount":400,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9921108935,"gmtCreate":1670986798027,"gmtModify":1676538471779,"author":{"id":"3569189138119123","authorId":"3569189138119123","name":"Brrnie","avatar":"https://static.tigerbbs.com/535df402960cd7d1f41b24d9f5d687b7","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569189138119123","authorIdStr":"3569189138119123"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/00241\">$Alibaba Health Information Technology(00241)$ &nbsp;</a>dirt stock has support&nbsp;","listText":"<a href=\"https://ttm.financial/S/00241\">$Alibaba Health Information Technology(00241)$ &nbsp;</a>dirt stock has support&nbsp;","text":"$Alibaba Health Information Technology(00241)$ dirt stock has support","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9921108935","isVote":1,"tweetType":1,"viewCount":312,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":305810197713096,"gmtCreate":1715695943011,"gmtModify":1715695946852,"author":{"id":"3569189138119123","authorId":"3569189138119123","name":"Brrnie","avatar":"https://static.tigerbbs.com/535df402960cd7d1f41b24d9f5d687b7","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569189138119123","authorIdStr":"3569189138119123"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/BABA\">$Alibaba(BABA)$&nbsp;</a> disgusting piece of&nbsp;&nbsp; craaaapy stock ever&nbsp;","listText":"<a href=\"https://ttm.financial/S/BABA\">$Alibaba(BABA)$&nbsp;</a> disgusting piece of&nbsp;&nbsp; craaaapy stock ever&nbsp;","text":"$Alibaba(BABA)$ disgusting piece of craaaapy stock ever","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/305810197713096","isVote":1,"tweetType":1,"viewCount":212,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":259779301519528,"gmtCreate":1704433220102,"gmtModify":1704433223558,"author":{"id":"3569189138119123","authorId":"3569189138119123","name":"Brrnie","avatar":"https://static.tigerbbs.com/535df402960cd7d1f41b24d9f5d687b7","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569189138119123","authorIdStr":"3569189138119123"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/09988\">$Alibaba(09988)$&nbsp;</a> baba management is clueless and dumb. There's no hope&nbsp;","listText":"<a href=\"https://ttm.financial/S/09988\">$Alibaba(09988)$&nbsp;</a> baba management is clueless and dumb. There's no hope&nbsp;","text":"$Alibaba(09988)$ baba management is clueless and dumb. There's no hope","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/259779301519528","isVote":1,"tweetType":1,"viewCount":243,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":196264395042960,"gmtCreate":1688953476310,"gmtModify":1688953930487,"author":{"id":"3569189138119123","authorId":"3569189138119123","name":"Brrnie","avatar":"https://static.tigerbbs.com/535df402960cd7d1f41b24d9f5d687b7","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569189138119123","authorIdStr":"3569189138119123"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/09988\">$Alibaba(09988)$&nbsp;</a>frigging honky Kong always the dragger. Sigh","listText":"<a href=\"https://ttm.financial/S/09988\">$Alibaba(09988)$&nbsp;</a>frigging honky Kong always the dragger. Sigh","text":"$Alibaba(09988)$ frigging honky Kong always the dragger. Sigh","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/196264395042960","isVote":1,"tweetType":1,"viewCount":369,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":314005581430824,"gmtCreate":1717681906834,"gmtModify":1717681911471,"author":{"id":"3569189138119123","authorId":"3569189138119123","name":"Brrnie","avatar":"https://static.tigerbbs.com/535df402960cd7d1f41b24d9f5d687b7","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569189138119123","authorIdStr":"3569189138119123"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/ZIM\">$ZIM Integrated Shipping Services Ltd.(ZIM)$ </a> wth is wrong with zim","listText":"<a href=\"https://ttm.financial/S/ZIM\">$ZIM Integrated Shipping Services Ltd.(ZIM)$ </a> wth is wrong with zim","text":"$ZIM Integrated Shipping Services Ltd.(ZIM)$ wth is wrong with zim","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/314005581430824","isVote":1,"tweetType":1,"viewCount":662,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":311775937777856,"gmtCreate":1717142906385,"gmtModify":1717142910092,"author":{"id":"3569189138119123","authorId":"3569189138119123","name":"Brrnie","avatar":"https://static.tigerbbs.com/535df402960cd7d1f41b24d9f5d687b7","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569189138119123","authorIdStr":"3569189138119123"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/09988\">$Alibaba(09988)$&nbsp;</a> crapp stock&nbsp;","listText":"<a href=\"https://ttm.financial/S/09988\">$Alibaba(09988)$&nbsp;</a> crapp stock&nbsp;","text":"$Alibaba(09988)$ crapp stock","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/311775937777856","isVote":1,"tweetType":1,"viewCount":217,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3570149996439122","authorId":"3570149996439122","name":"Terrorfredx","avatar":"https://static.tigerbbs.com/0880b3f2e8a2b91b2d9e17ff547c94dd","crmLevel":6,"crmLevelSwitch":1,"idStr":"3570149996439122","authorIdStr":"3570149996439122"},"content":"always up up then down down downndown down","text":"always up up then down down downndown down","html":"always up up then down down downndown down"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9941210550,"gmtCreate":1680270264271,"gmtModify":1680270651142,"author":{"id":"3569189138119123","authorId":"3569189138119123","name":"Brrnie","avatar":"https://static.tigerbbs.com/535df402960cd7d1f41b24d9f5d687b7","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569189138119123","authorIdStr":"3569189138119123"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/DIDIY\">$DiDi Global Inc.(DIDIY)$ &nbsp;</a>announce the goddamn IPO soon&nbsp;","listText":"<a href=\"https://ttm.financial/S/DIDIY\">$DiDi Global Inc.(DIDIY)$ &nbsp;</a>announce the goddamn IPO soon&nbsp;","text":"$DiDi Global Inc.(DIDIY)$ announce the goddamn IPO soon","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9941210550","isVote":1,"tweetType":1,"viewCount":230,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9957715572,"gmtCreate":1677549112997,"gmtModify":1677550764143,"author":{"id":"3569189138119123","authorId":"3569189138119123","name":"Brrnie","avatar":"https://static.tigerbbs.com/535df402960cd7d1f41b24d9f5d687b7","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569189138119123","authorIdStr":"3569189138119123"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/09988\">$Alibaba(09988)$&nbsp;</a>useless dirt. Should have stayed away.&nbsp;","listText":"<a href=\"https://ttm.financial/S/09988\">$Alibaba(09988)$&nbsp;</a>useless dirt. Should have stayed away.&nbsp;","text":"$Alibaba(09988)$ useless dirt. Should have stayed away.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9957715572","isVote":1,"tweetType":1,"viewCount":188,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}