BUSINESS● LOWAug 27 · Aug 27, 2026, 11:00 PM
Tiger, Futu post strong overseas gains after Beijing clampdown stalls mainland growth
South China Morning Post · east asia
Tiger Brokers and Futu Holdings, two of the region’s largest online brokerages, posted robust second-quarter growth as they expanded overseas to absorb Beijing’s toughest crackdown yet on illegal cross-border stock trading. UP Fintech Holding, parent of Tiger Brokers, reported on Wednesday that revenue rose 31.4 per cent year on year to a record US$182.3 million. Net income attributable to shareholders, however, slipped to US$39.4 million from US$41.4 million a year earlier. Chairman and CEO Wu...
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