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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Futu Holdings: Hypergrowth Fintech Ready To Take Off In A Rising Rate Environment
The rise in retail investing globally for the likes of Robinhood also bodes well for Futu in a country with over 1.3 billion people in...
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XPeng IPO Preview: TSLA Copycat, 1500 Orders Exiting July
After Li Auto Inc. (LI US)  IPO in the US on July 30th, another Chinese EV IPO is imminent in next few weeks – Xpeng Motors (XPEV US) (IPO expected...
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