Futu Holdings got off to a hot start in 2021 but finished the year down amid regulatory uncertainty. The SEC is cracking down on foreign companies over auditing requirements. Chinese regulators are cracking down on a number of industries as well, including online brokerages like Futu.
Similarly What does FUTU holding do? Futu Holdings Limited (Nasdaq: FUTU) is an advanced technology company transforming the investing experience by offering a fully digitalized brokerage and wealth management platform.
Will FUTU stock go up? Stock Price Forecast
The 17 analysts offering 12-month price forecasts for Futu Holdings Ltd have a median target of 44.85, with a high estimate of 71.29 and a low estimate of 26.92. The median estimate represents a +31.15% increase from the last price of 34.20.
Additionally, Should I buy TIGR stock?
UP Fintech Holding Stock Forecast FAQ
Out of 1 analyst, 1 (100%) are recommending TIGR as a Strong Buy, 0 (0%) are recommending TIGR as a Buy, 0 (0%) are recommending TIGR as a Hold, 0 (0%) are recommending TIGR as a Sell, and 0 (0%) are recommending TIGR as a Strong Sell.
Is FUTU a good company?
FUTU is definitely a great company which can be clearly seen by its rapid growth and its superb profitability. On top of that, the company’s valuation seems extremely enticing.
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About FUTU.
| Symbol | Last Price | % Chg |
|---|---|---|
| FUTUPre | 35.63 33.38 | -1.38% -6.31% |
27 déc. 2021
Is FUTU licensed in China? In Hong Kong, China: Futu HK is a licensed corporation regulated by the Securities and Futures Commission of Hong Kong (CE No.
Where is FUTU based? Futu Holdings Ltd., a Hong Kong–based online brokerage that is backed by Chinese internet giant Tencent Holdings Ltd., has become the first big Asian initial public offerings of 2019.
Is Alphawave a buy? Alphawave IP Group has received a consensus rating of Buy. The company’s average rating score is 3.00, and is based on 3 buy ratings, no hold ratings, and no sell ratings.
What is the target price for Baba stock?
Stock Price Targets
| High | $1,755.14 |
|---|---|
| Median | $1,037.90 |
| Low | $476.94 |
| Average | $1,032.59 |
| Current Price | $100.03 |
Is TIGR undervalued? In our view, this has left TIGR’s shares significantly undervalued (23x P/E on 2022 street numbers versus peer group average 35x) ahead of what should be strong operational results and a materially positive catalyst in the company receiving a Hong Kong securities license.
Why is TIGR tanking?
The tanking of FUTU and TIGR stocks comes after Chinese authorities in Beijing have trained their sights on online brokerages, declaring them “illegal” in the country of 1.4 billion people.
Why is TIGR down? Shares of UP Fintech ( TIGR -3.71% ) sank this week following indications that the company will soon face setbacks due to new regulations. The Chinese fintech stock closed out the week’s trading down roughly 27%. China’s state-backed media outlet The People’s Daily published a report on Oct.
Why is Tiger broker stock dropping?
US-listed brokers Futu Holdings and Tiger Brokers fell sharply in early trading in New York on Thursday after a top Chinese central bank official warned online brokers who offer cross-border trades to mainland investors without a domestic licence are operating illegally.
Is FUTU illegal?
Futu has licenses in Hong Kong, Singapore and the U.S., but does not have a license to operate in mainland China. Chief Financial Officer Arthur Chen admitted that Futu has seen clients in the greater China area withdraw cash amid concerns over the reports.
How many users does FUTU have? Futu added 273,000 net paying clients in 2021 Q1, reflects 7x growth YoY. Worldwide users hit 14 Million with Q1 trading volume soaring to US$289 billion.
Why are Alphawave shares falling? Alphawave IP Group PLC’s shares had dropped over 50 per cent on Wednesday after a Financial Times article stated the company had not sufficiently disclosed its ties with its key contractors. Alphawave’s shares, despite a strong recovery, are down over 48 per cent since listing.
How do I buy Darktrace stock?
How to Buy Darktrace Stock
- Pick a brokerage. If you’re not alarmed with the potential dangers of Darktrace stock and instead are focused on the upside possibilities, you’re probably braver than most. …
- Decide how many shares you want. …
- Choose your order type. …
- Execute your trade.
How do I buy Alphawave stock? How to invest in Alphawave shares
- Create an account or log in and go to our trading platform.
- Search for ‘Alphawave’
- Select ‘buy’ in the deal ticket.
- Choose the number of shares you want to buy.
- Open and monitor your investment position.
Is Alibaba bigger than Amazon?
When it comes to sheer size, Amazon is vastly larger than Alibaba. Amazon’s market-cap of $1.5 Trillion dwarfs Alibaba’s $640+ Billion, and when you calculate each firm’s revenue numbers, the disparity is even greater: Amazon had revenues of $126B from its last quarter, whereas Alibaba had $34B.
What is a fair price for Alibaba? As of today (2022-04-16), Alibaba Group Holding’s share price is $95.49. Alibaba Group Holding’s Peter Lynch fair value is $70.82. Therefore, Alibaba Group Holding’s Price to Peter Lynch Fair Value Ratio for today is 1.35.
Who owns Alibaba shares?
Top 10 Owners of Alibaba Group Holding Ltd
| Stockholder | Stake | Total change |
|---|---|---|
| Goldman Sachs International | 0.47% | -48.83% |
| Magellan Asset Management Ltd. | 0.40% | -18.29% |
| E Fund Management Co., Ltd. | 0.34% | +44.62% |
| Temasek Holdings Pte Ltd. (Invest… | 0.34% | -6.65% |
