Tiger Brokers, a Chinese online brokerage for trading foreign stocks, announces US IPO
- China
- 4 min read
- Feb 27, 2019
- By Li Yuan
©TIGER BROKERS
The Jim Rogers-backed fintech startup wants to raise US$150 million as it sees growing demand from younger Chinese investors
Up Fintech Holding, the company behind Tiger Brokers, filed for an initial public offering (IPO) on Nasdaq last Friday. The startup backed by veteran investor Jim Rogers is looking to raise US$150 million, according to its preliminary prospectus. No pricing terms were disclosed.
Through its app Tiger Trade, Tiger Brokers provides online brokerage services to Chinese-speaking investors wishing to trade US- and HK-listed shares and other financial...
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