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...
650 Views
Robinhood IPO: Downside Risk Could Outweigh Any Potential Future Upside
Although Robinhood had an impressive growth in recent years, the downside risk, in relation to its over-reliance on PFOF and the regulatory...
540 Views
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...
561 Views
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.
598 Views
China Gas Placement - Deal Size Is Similar to Last Placement but Dynamics Are Different
China Gas Holdings (384 HK) is looking to raise around US$1.5bn via a top-up placement. This is the fourth placement for the company since 2019.
569 Views