Futu Holdings - An Inflection Point Imminent?
Strong retail participation and market performance enabled Futu Holdings to benefit from strong growth. Given a shift in investor sentiment, we...
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Up Fintech (Tiger Brokers) ADS Placement: Trade Creates Losers
Up Fintech has launched an ADS follow-on to sell 6.5 million ADSs to raise potentially $174 m. Overall, we would be inclined to pass on this follow...
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Up Fintech (Tiger Brokers) Placement - Needs a Large Correction, Just like Futu
Up Fintech (TIGR US) aims to raise around US$165m via a follow-on offering. This will be the first raising by the company since it was listed in 2019.
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Futu Holdings Placement: Going Places
Futu has launched an ADS follow-on to raise gross proceeds of $1.7 billion. Overall, we would be tempted to participate in the follow-on ADS offering.
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Futu Holdings Placement - Very Strong Momentum but Previous Deal Did Nothing
Futu Holdings Ltd (FHL US) aims to raise around US$1.7bn to support its margin financing and other businesses. In this note we will talk about the...
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