透明人gf
2025-08-13
🚙🚙
Tiger Brokers: Profit Hits Record High; Client Assets Reached US$45.9 Billion<blockquote>老虎证券：利润创历史新高；客户资产达459亿美元</blockquote>
免责声明：上述内容仅代表发帖人个人观点，不构成本平台的任何投资建议。
分享至
微信
复制链接
精彩评论
我们需要你的真知灼见来填补这片空白
打开APP，发表看法
APP内打开
发表看法
1
{"i18n":{"language":"zh_CN"},"detailType":1,"isChannel":false,"data":{"magic":2,"id":467051648299096,"tweetId":"467051648299096","gmtCreate":1755043263245,"gmtModify":1755043264759,"author":{"id":3560813204366302,"idStr":"3560813204366302","authorId":3560813204366302,"authorIdStr":"3560813204366302","name":"透明人gf","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"userType":1,"introduction":"","boolIsFan":false,"boolIsHead":false,"hat":"https://static.tigerbbs.com/0a8758340a08196056f8bc1e54805193","crmLevel":6,"crmLevelSwitch":1,"individualDisplayBadges":[],"wearingBadges":[],"fanSize":53,"starInvestorFlag":false},"themes":[],"images":[],"coverImages":[],"title":"","html":"<html><head></head><body><p>🚙🚙</p></body></html>","htmlText":"<html><head></head><body><p>🚙🚙</p></body></html>","text":"🚙🚙","highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"favoriteSize":0,"link":"https://laohu8.com/post/467051648299096","repostId":1160170305,"repostType":2,"repost":{"id":"1160170305","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1748592197,"share":"https://www.laohu8.com/m/news/1160170305?lang=zh_CN&edition=full","pubTime":"2025-05-30 16:03","market":"us","language":"en","title":"Tiger Brokers: Profit Hits Record High; Client Assets Reached US$45.9 Billion<blockquote>老虎证券：利润创历史新高；客户资产达459亿美元</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1160170305","media":"Tiger Newspress","summary":"UP Fintech Holding Limited (NASDAQ: TIGR) (\"UP Fintech\" or the \"Company\"), announced its unaudited financial results for the first quarter ended March 31, 2025. UP Fintech achieved a total revenue of ","content":"<p><html><head></head><body>UP Fintech Holding Limited (NASDAQ: TIGR) ("UP Fintech" or the "Company"), announced its unaudited financial results for the first quarter ended March 31, 2025. UP Fintech achieved a total revenue of US$122.6 million in the first quarter, representing a 55.3% increase year-over-year (YoY). Non-GAAP net income attributable to UP Fintech shareholders surged to US$36 million, up 18.3% quarter-over-quarter (QoQ) and 145% YoY, hitting a historical record. The company added 77,000 new accounts in Q1, up 49.8% YoY, bringing its total global accounts to 2.53 million. Funded accounts increased by 60,900, driving total funded clients up 23.5% YoY to 1.15 million. Trading volume in Q1 soared 154.6% YoY to US$217.5 billion. Net deposits remained robust at US$3.4 billion, propelled client assets to US$45.9 billion, nearly a 10% QoQ and 39.5% YoY increase, reaching a record high. </p><p><blockquote><html><head></head><body>老虎证券控股有限公司（纳斯达克：TIGR）（“老虎证券”或“公司”）公布了截至2025年3月31日的第一季度未经审计财务业绩。老虎证券第一季度实现总收入1.226亿美元，同比增长55.3%。老虎证券股东应占非公认会计准则净利润飙升至3600万美元，环比增长18.3%，同比增长145%，创历史纪录。该公司第一季度新增账户 77,000 个，同比增长 49.8%，全球账户总数达到 253 万个。受资助账户增加60,900个，推动受资助客户总数同比增长23.5%，达到115万。Q1交易量同比飙升154.6%，达到2175亿美元。净存款保持强劲，达到 34 亿美元，推动客户资产达到 459 亿美元，环比增长近 10%，同比增长 39.5%，创历史新高。</body></html></blockquote></p><p><strong>UP Fintech's founder and CEO, Wu Tianhua</strong>, stated: "In Q1, the company achieved breakthroughs in both financial and operational aspects, with sustained growth in revenues and profits. Notably, non-GAAP net profit surged 145% YoY, reaching a record high. Tiger has gained recognition from more HNW clients across markets — total client assets in Greater China grew over 20% QoQ, with new funded clients in Hong Kong averaging over US$30,000 in net asset inflows. As of now, Q1 new funded clients have already achieved 40% of the annual guidance, providing a solid user foundation for our full-year performance goals." </p><p><blockquote><strong>UP Fintech 创始人兼首席执行官巫天华</strong>他表示：“第一季度，公司在财务和运营方面都取得了突破，收入和利润持续增长。值得注意的是，非美国通用会计准则净利润同比飙升145%，创历史新高。老虎获得了更多高净值客户的认可。大中华区客户总资产环比增长超过20%，香港新融资客户平均净资产流入超过3万美元。”截至目前，Q1新获资助客户已完成年度指引的40%，为我们全年业绩目标提供了坚实的用户基础。”</blockquote></p><p>"To further enhance the trading experience for platform users, Tiger has continuously optimized and innovated its product features. Recently, we also officially launched cryptocurrency deposit and withdrawal services in Hong Kong. Investors can now seamlessly manage mainstream cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH) through our flagship trading app. Additionally, Tiger has strengthened its AI capabilities with the upgrade from TigerGPT to TigerAI, now offering watchlist, portfolio and options analysis for smarter, data-driven decisions. We've also enhanced options and US stock trading with features like options position analysis, TP/SL for combo strategies, and historical intraday data — improving user experience and lowering the barrier to global investing." </p><p><blockquote>“为了进一步提升平台用户的交易体验，Tiger 不断优化和创新其产品功能。最近，我们还在香港地区正式推出了加密货币存取款服务。投资者现在可以通过我们的旗舰交易应用程序无缝管理比特币 (BTC) 和以太币 (ETH) 等主流加密货币。此外，Tiger 还通过从 TigerGPT 升级到 TigerAI 来增强其人工智能功能，现在提供观察列表、投资组合和期权分析，以实现更智能、数据驱动的决策。我们还通过期权头寸分析、组合策略的 TP/SL 和历史日内数据等功能增强了期权和美国股票交易，从而改善了用户体验并降低了全球投资的门槛。”</blockquote></p><p><strong>SG: Q1 Trading Volume Up 81.5% YoY, Wins Three "AAA Digital Awards" from <em>The Asset</em></strong> </p><p><blockquote><strong>SG：Q1交易量同比增长81.5%，荣获三项“AAA数字大奖”<em>资产</em></strong></blockquote></p><p><strong>HK: Attracting HNW Clients with Average Net Asset Inflows Exceeding US$30,000</strong> </p><p><blockquote><strong>香港：吸引平均资产净流入超过30,000美元的高净值客户</strong></blockquote></p><p>In Singapore, Tiger Brokers maintained strong growth momentum, with trading activity continuing to rise. Total trading volume and orders in Singapore surged 81.5% and 65.8% YoY, respectively. US stock and Singapore stock trading volumes grew 71.3% and 61.2% YoY, while US options trading stood out, with trading volume and orders skyrocketing 127.7% and 82.1% YoY. The Cash Boost trading account remained popular among local investors, with Q1 orders up 11.4% QoQ and active traders increasing 12.5% QoQ. Tiger also strengthened its local presence with the launch of the L.E.A.P. Program, designed to cultivate Singapore's next generation of financial talent — reinforcing its long-term commitment to the industry’s growth. Additionally, Tiger received three accolades at <em>The Asset</em> magazine’s 2025 "AAA Digital Awards," including "Digital Broker of the Year" and "Best Brokerage App" in Singapore, while its subsidiary Tiger Fund Management was honored as "Digital Fund Manager of the Year". </p><p><blockquote>新加坡方面，老虎证券保持强劲增长势头，交易活动持续上升。新加坡的总交易量和订单量分别同比激增81.5%和65.8%。美国股票和新加坡股票交易量同比增长71.3%和61.2%，而美国期权交易表现突出，交易量和订单同比飙升127.7%和82.1%。Cash Boost交易账户在当地投资者中仍然很受欢迎，第一季度订单环比增长11.4%，活跃交易者环比增长12.5%。Tiger 还通过推出 L.E.A.P. 加强了其在当地的业务。该计划旨在培养新加坡下一代金融人才，加强其对金融行业发展的长期承诺。此外，老虎在<em>资产</em>该杂志荣获 2025 年 “AAA 数字大奖”，包括新加坡的 “年度数字经纪商 ”和 “最佳经纪应用程序 ”，而其子公司老虎基金管理公司则荣获 “年度数字基金经理 ”称号。</blockquote></p><p>Hong Kong continued to attract high-quality clients with Tiger's competitive global trading services. In Q1, local account openings rose 27% QoQ, and new funded clients averaged over US$30,000 in net asset inflows. The Hong Kong stock market demonstrated strong appeal, with trading orders and trading volume for Hong Kong stocks rising 51.7% and 78% QoQ, respectively. Hong Kong options trading saw explosive growth, with trading orders and volume surging 7x and 10x QoQ, highlighting robust demand for derivatives. Cash products remained popular, with the US Treasury trading volume increasing 90% QoQ, HKD money fund orders and volume rising 88% and 94.5% QoQ, and USD money fund orders and volume rising 62% and 89% QoQ. Additionally, Tiger officially launched cryptocurrency deposit and withdrawal services in Hong Kong, allowing investors to manage popular cryptocurrencies like BTC and ETH seamlessly on its platform. </p><p><blockquote>凭借老虎具竞争力的全球交易服务，香港继续吸引优质客户。第一季度，本地开户环比增长27%，新融资客户平均净资产流入超过30,000美元。香港股市表现强劲吸引力，港股买卖订单及成交量环比分别上升51.7%及78%。香港期权交易出现爆炸性增长，交易订单和交易量环比激增 7 倍和 10 倍，凸显对衍生品的强劲需求。现金类产品持续受欢迎，美国国债成交量环比增长90%，港元货币基金订单及成交量环比增长88%及94.5%，美元货币基金订单及成交量环比增长62%及89%。此外，Tiger在香港正式推出加密货币存取款服务，允许投资者在其平台上无缝管理BTC和ETH等热门加密货币。</blockquote></p><p>In the US, TradeUP sustained strong momentum across key metrics, reflecting improved overall business performance.<strong> </strong>Local client trading activity surged, with trading volume up 131% QoQ. New funded clients grew 28.4% QoQ, while client assets rose 19% QoQ. Strengthened institutional business capabilities drove further scale, with Q1 commission revenue jumping 56.4% QoQ. </p><p><blockquote>在美国，TradeUP 在关键指标上保持强劲势头，反映出整体业务表现的改善。<strong></strong>本地客户交易活动激增，交易量环比增长131%。新融资客户环比增长 28.4%，客户资产环比增长 19%。机构业务能力的增强推动了规模进一步扩大，第一季度佣金收入环比增长 56.4%。</blockquote></p><p></p><p>In Australia, the Company earned growing trust from clients with strengthened services and brand presence. In Q1, deposit amounts and funded clients rose by 71% and 37% YoY, showcasing strong business momentum. Tiger also won multiple local awards, including winning WeMoney 2025's "Best Features Award," and securing two awards in Mozo's Expert Choice Awards for 2025 "Online Share Trading – Casual ASX and ETF Investor" categories. Tiger Brokers Australia was also ranked as number one on Finder's best options trading platforms list for 2025.</p><p><blockquote>在澳大利亚，该公司通过加强服务和品牌形象赢得了客户越来越多的信任。第一季度，存款金额和融资客户同比增长71%和37%，显示强劲的业务势头。Tiger 还赢得了多个本地奖项，包括赢得 WeMoney 2025 年“最佳功能奖”，并在 Mozo 2025 年“在线股票交易 - 休闲 ASX 和 ETF 投资者”类别的专家选择奖中获得两个奖项。老虎证券澳洲也在Finder 2025年最佳期权交易平台排行榜上名列第一。</blockquote></p><p>In New Zealand, Tiger continued to attract high-quality clients. In Q1, net deposits surged 211.7% YoY and 66.6% QoQ. The number of trading accounts climbed 74% YoY, with particularly strong performance in the US market — US equities orders increased 108.8% YoY, while US options orders jumped 161.5%, reflecting strong local investor interest in US markets.</p><p><blockquote>在新西兰，老虎继续吸引优质客户。第一季度，净存款同比飙升211.7%，环比飙升66.6%。交易账户数目同比攀升74%，其中美国市场表现尤为强劲——美国股票订单同比上升108.8%，而美国期权订单则跃升161.5%，反映本地投资者对美国市场的浓厚兴趣。</blockquote></p><p><strong>TigerAI Gets Major Upgrade, Options Features Further Enhanced</strong> </p><p><blockquote><strong>TigerAI 进行重大升级，选项功能进一步增强</strong></blockquote></p><p><strong>IPO Subscriptions Jump 11x, Tiger Hits HK$ 100B Milestone in Mixue IPO Subscription</strong></p><p><blockquote><strong>IPO认购激增11倍，Tiger蜜雪IPO认购达到100B港元里程碑</strong></blockquote></p><p>In Q1, commission income reached US$58.3 million, up 109.8% YoY, while interest-related income grew 20.8% YoY to US$56.4 million. The Company continues to enhance its platform features to further improve user experience and efficiency in global asset allocation. The Tiger Trade app launched a dedicated crypto section for easy access to crypto prices, related concept stocks, and ETFs - enabling a more streamlined way to capture market opportunities. Trade feed added Super Disclosure feature allowing users to view full trading history, positions, and returns in the past three months. This allows users to intuitively refer to the strategy logic of high-yield live trading accounts. The platform also introduced a consolidated account analysis page and added a P&L view in the fund section to help users better evaluate portfolio performance. Options trading tools were further strengthened with position analysis, support for take-profit/stop-loss in combo strategies, and new volatility metrics like IV rankings and percentiles - helping users better assess risk and opportunity. US equities, the Fear & Greed Index and historical intraday data for stocks and options have also been added to support more informed, data-driven decisions. Following a major upgrade, TigerAI now offers options, portfolio, and watchlist analysis assistants - delivering smarter, more personalized investment insights to help users make faster, more informed decisions.</p><p><blockquote>第一季度，佣金收入达到5830万美元，同比增长109.8%，而利息相关收入同比增长20.8%至5640万美元。公司持续提升平台功能，进一步提升全球资产配置的用户体验和效率。Tiger Trade应用程序推出了一个专门的加密货币部分，可以轻松访问加密货币价格、相关概念股和ETF，从而以更简化的方式捕捉市场机会。Trade feed 添加了超级披露功能，允许用户查看过去三个月的完整交易历史记录、头寸和回报。这使得用户可以直观地参考高收益真实交易账户的策略逻辑。该平台还引入了综合账户分析页面，并在基金部分添加了P&L视图，以帮助用户更好地评估投资组合表现。期权交易工具通过头寸分析、组合策略中对止盈/止损的支持以及IV排名和百分位数等新的波动性指标得到了进一步加强，帮助用户更好地评估风险和机会。还添加了美国股市、恐惧与贪婪指数以及股票和期权的历史盘中数据，以支持更明智、数据驱动的决策。经过重大升级，TigerAI现在提供期权、投资组合和观察列表分析助手，提供更智能、更个性化的投资见解，帮助用户做出更快、更明智的决策。</blockquote></p><p>IPO subscription business sustained explosive growth, with subscribers up 11x YoY and subscription volume soaring 800x YoY and 13x QoQ. Nearly 40% were first-time subscribers, underscoring strong appeal to new users. Tiger delivered a standout performance across several high-profile IPOs, most notably achieving a record-breaking subscription amount of over HK$ 100 billion in the Mixue Group Hong Kong listing.</p><p><blockquote>IPO申购业务保持爆发式增长，申购人数同比增长11倍，申购量同比飙升800倍，环比飙升13倍。近40%是首次订户，凸显了对新用户的强大吸引力。老虎在多项备受瞩目的IPO中表现出色，其中最引人注目的是蜜雪冰集团香港上市的认购金额超过1000亿港元，创下历史新高。</blockquote></p><p>The Company's wealth management business grew steadily, with Q1 AUC surging 205% YoY in Q1. The number of users rose 85% YoY and 41% QoQ. Wealth penetration reached 22% among newly funded clients in Q1 — meaning 1 in every 5 new Tiger clients subscribed to at least one wealth product. With the rebound of the Hong Kong stock market, demand for Wealth products among local clients has grown significantly, with a 31.5% wealth penetration rate among new clients in the region. As market dynamics shift between US and Chinese equities, Tiger's cash management tool, Tiger Vault, continued to gain strong traction. In Q1, Tiger Vault’s total AUC rose nearly 44% QoQ, while its user base grew over 22.5%. Growth in HKD Vault products was particularly notable, with AUC up 113% and users up over 70% QoQ. In addition, Tiger continues to enrich its structured product offerings by leveraging technology to enhance traditional private banking solutions, aligning with market momentum and investor demand. With growing interest and repeat investment from high-net-worth clients, structured note trading volume rose nearly 42% QoQ.</p><p><blockquote>公司财富管理业务稳步增长，Q1 AUC同比激增205%。用户数量同比增长85%，环比增长41%。Q1 新融资客户的财富渗透率达到 22%，这意味着每 5 个 Tiger 新客户中就有 1 个订阅了至少一种财富产品。随著香港股市反弹，本地客户对财富产品的需求大幅增长，区内新客户财富渗透率达31.5%。随着市场动态在美国和中国股市之间转变，老虎的现金管理工具老虎金库继续获得强大的吸引力。第一季度，Tiger Vault 的总 AUC 环比增长近 44%，用户群增长超过 22.5%。HKD Vault产品的增长尤为显著，AUC环比增长113%，用户环比增长超过70%。此外，老虎继续利用技术增强传统私人银行解决方案，以配合市场趋势和投资者需求，丰富其结构性产品。随着高净值客户兴趣的增长和重复投资，结构性票据交易量环比增长近42%。</blockquote></p><p>The TradingFront Turnkey Asset Management Platform (TAMP) continued to strengthen its service capabilities. In Q1, wealth management AUC on the TradingFront platform achieved double-digit QoQ growth, with auto-invest accounts up 20.8%. The platform expanded its structured product offerings to cover more note types, including Sharkfin, SDFCN, BEN, and DQ, supporting institutional clients in diversifying their portfolios. As a result, total structured note trading volume on the platform increased 53.6% QoQ, driving strong overall business growth.</p><p><blockquote>TradingFront交钥匙资产管理平台（TAMP）持续提升服务能力。第一季度，TradingFront平台上的财富管理AUC实现了两位数的环比增长，其中自动投资账户增长了20.8%。该平台扩展了其结构化产品，涵盖更多票据类型，包括Sharkfin、SDFCN、BEN和DQ，支持机构客户实现投资组合多元化。平台结构性票据总交易量环比增长53.6%，带动整体业务强劲增长。</blockquote></p><p></p><p>In Q1 2025, Tiger's asset management team was among the first to flag risks of a major US market pullback with its "Rise of the East, Decline of the West" outlook. The team focused on key themes like China's AI momentum and macro asset allocation under tariff tensions, delivering timely insights and exclusive sessions for high-net-worth clients. Thanks to its disciplined strategy and market foresight, Tiger's asset management products outperformed with lower downside risk, earning strong trust and continued support from its HNW client base.</p><p><blockquote>2025年第一季度，老虎的资产管理团队率先以“东升西降”的展望标记了美国市场大幅回调的风险。该团队专注于中国人工智能发展势头和关税紧张局势下的宏观资产配置等关键主题，为高净值客户提供及时的见解和独家会议。由于其严谨的策略和市场远见，老虎的资产管理产品在较低的下行风险下表现出色，赢得了其高净值客户群的强烈信任和持续支持。</blockquote></p><p><strong>Investment Banking: Underwrote 4 HK IPOs, Participated in Top 3 HK IPOs</strong></p><p><blockquote><strong>投资银行：承销4宗香港IPO，参与前3宗香港IPO</strong></blockquote></p><p><strong>ESOP SaaS Revenue Grows Steadily with Rising Client Retention</strong> </p><p><blockquote><strong>ESOP SaaS 收入稳步增长，客户保留率上升</strong></blockquote></p><p>UP Fintech's other revenues, encompassing services such as investment banking and Employee Stock Ownership Plan (ESOP), reached US$7.9 million. The Company underwrote 4 Hong Kong IPOs, including BrainAurora Medical Technology, Contiocean Environment Tech Group, Chifeng Gold and Nanshan Aluminum. It also participated in the distribution of the top three Hong Kong IPOs by fundraising volume in Q1. Notably, Tiger played a key role in the record-breaking IPO of Mixue Group, which saw a subscription multiple of 5,324 times and total demand reaching HK$1.84 trillion. Tiger offered up to 200x leverage for the deal with an average of 108x across all participants and attracted over 10,000 subscribers.</p><p><blockquote>UP Fintech 的其他收入，包括投资银行和员工持股计划 (ESOP) 等服务，达到 790 万美元。该公司承销了 4 家香港 IPO，包括极光医疗科技、远洋环境科技集团、赤峰黄金和南山铝业。它还参与了Q1集资额前三名的香港IPO的分布。值得注意的是，老虎在蜜雪冰集团破纪录的IPO中发挥了关键作用，认购倍数达到5,324倍，总需求量达到1.84万亿港元。Tiger 为该交易提供了高达 200 倍的杠杆，所有参与者的平均杠杆为 108 倍，吸引了超过 10,000 名订户。</blockquote></p><p>On the ESOP front, the Company's UponeShare service added 20 enterprise clients this quarter, bringing the total number of serviced enterprise clients to 633. Meanwhile, the company's ESOP SaaS revenue increased 45.4% YoY. Backed by strong service capabilities and positive client feedback, customer loyalty continued to rise, with repeat order value increasing 32.7% YoY.</p><p><blockquote>在员工持股计划方面，该公司的UponeShare服务本季度新增了20家企业客户，使所服务的企业客户总数达到633家。与此同时，该公司ESOP SaaS收入同比增长45.4%。凭借强大的服务能力和积极的客户反馈，客户忠诚度持续提升，重复订单金额同比增长32.7%。</blockquote></p><p>Tiger Enterprise Account onboarded 12 clients in Q1, including Pony.ai and Hesai Technology, bringing the total number of corporate accounts to 478. Tiger partnered with Kuaishou to livestream the 2025 Magnetic Conference, which explored how AI is reshaping the entire marketing and business value chain — offering investors a panoramic view of the next-generation AI-driven commercial ecosystem. Tiger also streamed Lei Jun’s Lunar New Year broadcast and the REDMI Turbo 4 launch, offering insights into trends in consumer electronics.</p><p><blockquote>老虎企业账户第一季度入驻小马智行、禾赛科技等12家客户，企业账户总数达到478家。老虎与快手合作直播2025磁力大会，探讨人工智能如何重塑整个营销和商业价值链，为投资者提供下一代人工智能驱动的商业生态系统的全景视角。Tiger 还直播了雷军的农历新年直播和 REDMI Turbo 4 的发布会，提供了对消费电子趋势的见解。</blockquote></p><p></body></html></p><p><blockquote></blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tiger Brokers: Profit Hits Record High; Client Assets Reached US$45.9 Billion<blockquote>老虎证券：利润创历史新高；客户资产达459亿美元</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTiger Brokers: Profit Hits Record High; Client Assets Reached US$45.9 Billion<blockquote>老虎证券：利润创历史新高；客户资产达459亿美元</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time smaller\">2025-05-30 16:03</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p><html><head></head><body>UP Fintech Holding Limited (NASDAQ: TIGR) ("UP Fintech" or the "Company"), announced its unaudited financial results for the first quarter ended March 31, 2025. UP Fintech achieved a total revenue of US$122.6 million in the first quarter, representing a 55.3% increase year-over-year (YoY). Non-GAAP net income attributable to UP Fintech shareholders surged to US$36 million, up 18.3% quarter-over-quarter (QoQ) and 145% YoY, hitting a historical record. The company added 77,000 new accounts in Q1, up 49.8% YoY, bringing its total global accounts to 2.53 million. Funded accounts increased by 60,900, driving total funded clients up 23.5% YoY to 1.15 million. Trading volume in Q1 soared 154.6% YoY to US$217.5 billion. Net deposits remained robust at US$3.4 billion, propelled client assets to US$45.9 billion, nearly a 10% QoQ and 39.5% YoY increase, reaching a record high. </p><p><blockquote><html><head></head><body>老虎证券控股有限公司（纳斯达克：TIGR）（“老虎证券”或“公司”）公布了截至2025年3月31日的第一季度未经审计财务业绩。老虎证券第一季度实现总收入1.226亿美元，同比增长55.3%。老虎证券股东应占非公认会计准则净利润飙升至3600万美元，环比增长18.3%，同比增长145%，创历史纪录。该公司第一季度新增账户 77,000 个，同比增长 49.8%，全球账户总数达到 253 万个。受资助账户增加60,900个，推动受资助客户总数同比增长23.5%，达到115万。Q1交易量同比飙升154.6%，达到2175亿美元。净存款保持强劲，达到 34 亿美元，推动客户资产达到 459 亿美元，环比增长近 10%，同比增长 39.5%，创历史新高。</body></html></blockquote></p><p><strong>UP Fintech's founder and CEO, Wu Tianhua</strong>, stated: "In Q1, the company achieved breakthroughs in both financial and operational aspects, with sustained growth in revenues and profits. Notably, non-GAAP net profit surged 145% YoY, reaching a record high. Tiger has gained recognition from more HNW clients across markets — total client assets in Greater China grew over 20% QoQ, with new funded clients in Hong Kong averaging over US$30,000 in net asset inflows. As of now, Q1 new funded clients have already achieved 40% of the annual guidance, providing a solid user foundation for our full-year performance goals." </p><p><blockquote><strong>UP Fintech 创始人兼首席执行官巫天华</strong>他表示：“第一季度，公司在财务和运营方面都取得了突破，收入和利润持续增长。值得注意的是，非美国通用会计准则净利润同比飙升145%，创历史新高。老虎获得了更多高净值客户的认可。大中华区客户总资产环比增长超过20%，香港新融资客户平均净资产流入超过3万美元。”截至目前，Q1新获资助客户已完成年度指引的40%，为我们全年业绩目标提供了坚实的用户基础。”</blockquote></p><p>"To further enhance the trading experience for platform users, Tiger has continuously optimized and innovated its product features. Recently, we also officially launched cryptocurrency deposit and withdrawal services in Hong Kong. Investors can now seamlessly manage mainstream cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH) through our flagship trading app. Additionally, Tiger has strengthened its AI capabilities with the upgrade from TigerGPT to TigerAI, now offering watchlist, portfolio and options analysis for smarter, data-driven decisions. We've also enhanced options and US stock trading with features like options position analysis, TP/SL for combo strategies, and historical intraday data — improving user experience and lowering the barrier to global investing." </p><p><blockquote>“为了进一步提升平台用户的交易体验，Tiger 不断优化和创新其产品功能。最近，我们还在香港地区正式推出了加密货币存取款服务。投资者现在可以通过我们的旗舰交易应用程序无缝管理比特币 (BTC) 和以太币 (ETH) 等主流加密货币。此外，Tiger 还通过从 TigerGPT 升级到 TigerAI 来增强其人工智能功能，现在提供观察列表、投资组合和期权分析，以实现更智能、数据驱动的决策。我们还通过期权头寸分析、组合策略的 TP/SL 和历史日内数据等功能增强了期权和美国股票交易，从而改善了用户体验并降低了全球投资的门槛。”</blockquote></p><p><strong>SG: Q1 Trading Volume Up 81.5% YoY, Wins Three "AAA Digital Awards" from <em>The Asset</em></strong> </p><p><blockquote><strong>SG：Q1交易量同比增长81.5%，荣获三项“AAA数字大奖”<em>资产</em></strong></blockquote></p><p><strong>HK: Attracting HNW Clients with Average Net Asset Inflows Exceeding US$30,000</strong> </p><p><blockquote><strong>香港：吸引平均资产净流入超过30,000美元的高净值客户</strong></blockquote></p><p>In Singapore, Tiger Brokers maintained strong growth momentum, with trading activity continuing to rise. Total trading volume and orders in Singapore surged 81.5% and 65.8% YoY, respectively. US stock and Singapore stock trading volumes grew 71.3% and 61.2% YoY, while US options trading stood out, with trading volume and orders skyrocketing 127.7% and 82.1% YoY. The Cash Boost trading account remained popular among local investors, with Q1 orders up 11.4% QoQ and active traders increasing 12.5% QoQ. Tiger also strengthened its local presence with the launch of the L.E.A.P. Program, designed to cultivate Singapore's next generation of financial talent — reinforcing its long-term commitment to the industry’s growth. Additionally, Tiger received three accolades at <em>The Asset</em> magazine’s 2025 "AAA Digital Awards," including "Digital Broker of the Year" and "Best Brokerage App" in Singapore, while its subsidiary Tiger Fund Management was honored as "Digital Fund Manager of the Year". </p><p><blockquote>新加坡方面，老虎证券保持强劲增长势头，交易活动持续上升。新加坡的总交易量和订单量分别同比激增81.5%和65.8%。美国股票和新加坡股票交易量同比增长71.3%和61.2%，而美国期权交易表现突出，交易量和订单同比飙升127.7%和82.1%。Cash Boost交易账户在当地投资者中仍然很受欢迎，第一季度订单环比增长11.4%，活跃交易者环比增长12.5%。Tiger 还通过推出 L.E.A.P. 加强了其在当地的业务。该计划旨在培养新加坡下一代金融人才，加强其对金融行业发展的长期承诺。此外，老虎在<em>资产</em>该杂志荣获 2025 年 “AAA 数字大奖”，包括新加坡的 “年度数字经纪商 ”和 “最佳经纪应用程序 ”，而其子公司老虎基金管理公司则荣获 “年度数字基金经理 ”称号。</blockquote></p><p>Hong Kong continued to attract high-quality clients with Tiger's competitive global trading services. In Q1, local account openings rose 27% QoQ, and new funded clients averaged over US$30,000 in net asset inflows. The Hong Kong stock market demonstrated strong appeal, with trading orders and trading volume for Hong Kong stocks rising 51.7% and 78% QoQ, respectively. Hong Kong options trading saw explosive growth, with trading orders and volume surging 7x and 10x QoQ, highlighting robust demand for derivatives. Cash products remained popular, with the US Treasury trading volume increasing 90% QoQ, HKD money fund orders and volume rising 88% and 94.5% QoQ, and USD money fund orders and volume rising 62% and 89% QoQ. Additionally, Tiger officially launched cryptocurrency deposit and withdrawal services in Hong Kong, allowing investors to manage popular cryptocurrencies like BTC and ETH seamlessly on its platform. </p><p><blockquote>凭借老虎具竞争力的全球交易服务，香港继续吸引优质客户。第一季度，本地开户环比增长27%，新融资客户平均净资产流入超过30,000美元。香港股市表现强劲吸引力，港股买卖订单及成交量环比分别上升51.7%及78%。香港期权交易出现爆炸性增长，交易订单和交易量环比激增 7 倍和 10 倍，凸显对衍生品的强劲需求。现金类产品持续受欢迎，美国国债成交量环比增长90%，港元货币基金订单及成交量环比增长88%及94.5%，美元货币基金订单及成交量环比增长62%及89%。此外，Tiger在香港正式推出加密货币存取款服务，允许投资者在其平台上无缝管理BTC和ETH等热门加密货币。</blockquote></p><p>In the US, TradeUP sustained strong momentum across key metrics, reflecting improved overall business performance.<strong> </strong>Local client trading activity surged, with trading volume up 131% QoQ. New funded clients grew 28.4% QoQ, while client assets rose 19% QoQ. Strengthened institutional business capabilities drove further scale, with Q1 commission revenue jumping 56.4% QoQ. </p><p><blockquote>在美国，TradeUP 在关键指标上保持强劲势头，反映出整体业务表现的改善。<strong></strong>本地客户交易活动激增，交易量环比增长131%。新融资客户环比增长 28.4%，客户资产环比增长 19%。机构业务能力的增强推动了规模进一步扩大，第一季度佣金收入环比增长 56.4%。</blockquote></p><p></p><p>In Australia, the Company earned growing trust from clients with strengthened services and brand presence. In Q1, deposit amounts and funded clients rose by 71% and 37% YoY, showcasing strong business momentum. Tiger also won multiple local awards, including winning WeMoney 2025's "Best Features Award," and securing two awards in Mozo's Expert Choice Awards for 2025 "Online Share Trading – Casual ASX and ETF Investor" categories. Tiger Brokers Australia was also ranked as number one on Finder's best options trading platforms list for 2025.</p><p><blockquote>在澳大利亚，该公司通过加强服务和品牌形象赢得了客户越来越多的信任。第一季度，存款金额和融资客户同比增长71%和37%，显示强劲的业务势头。Tiger 还赢得了多个本地奖项，包括赢得 WeMoney 2025 年“最佳功能奖”，并在 Mozo 2025 年“在线股票交易 - 休闲 ASX 和 ETF 投资者”类别的专家选择奖中获得两个奖项。老虎证券澳洲也在Finder 2025年最佳期权交易平台排行榜上名列第一。</blockquote></p><p>In New Zealand, Tiger continued to attract high-quality clients. In Q1, net deposits surged 211.7% YoY and 66.6% QoQ. The number of trading accounts climbed 74% YoY, with particularly strong performance in the US market — US equities orders increased 108.8% YoY, while US options orders jumped 161.5%, reflecting strong local investor interest in US markets.</p><p><blockquote>在新西兰，老虎继续吸引优质客户。第一季度，净存款同比飙升211.7%，环比飙升66.6%。交易账户数目同比攀升74%，其中美国市场表现尤为强劲——美国股票订单同比上升108.8%，而美国期权订单则跃升161.5%，反映本地投资者对美国市场的浓厚兴趣。</blockquote></p><p><strong>TigerAI Gets Major Upgrade, Options Features Further Enhanced</strong> </p><p><blockquote><strong>TigerAI 进行重大升级，选项功能进一步增强</strong></blockquote></p><p><strong>IPO Subscriptions Jump 11x, Tiger Hits HK$ 100B Milestone in Mixue IPO Subscription</strong></p><p><blockquote><strong>IPO认购激增11倍，Tiger蜜雪IPO认购达到100B港元里程碑</strong></blockquote></p><p>In Q1, commission income reached US$58.3 million, up 109.8% YoY, while interest-related income grew 20.8% YoY to US$56.4 million. The Company continues to enhance its platform features to further improve user experience and efficiency in global asset allocation. The Tiger Trade app launched a dedicated crypto section for easy access to crypto prices, related concept stocks, and ETFs - enabling a more streamlined way to capture market opportunities. Trade feed added Super Disclosure feature allowing users to view full trading history, positions, and returns in the past three months. This allows users to intuitively refer to the strategy logic of high-yield live trading accounts. The platform also introduced a consolidated account analysis page and added a P&L view in the fund section to help users better evaluate portfolio performance. Options trading tools were further strengthened with position analysis, support for take-profit/stop-loss in combo strategies, and new volatility metrics like IV rankings and percentiles - helping users better assess risk and opportunity. US equities, the Fear & Greed Index and historical intraday data for stocks and options have also been added to support more informed, data-driven decisions. Following a major upgrade, TigerAI now offers options, portfolio, and watchlist analysis assistants - delivering smarter, more personalized investment insights to help users make faster, more informed decisions.</p><p><blockquote>第一季度，佣金收入达到5830万美元，同比增长109.8%，而利息相关收入同比增长20.8%至5640万美元。公司持续提升平台功能，进一步提升全球资产配置的用户体验和效率。Tiger Trade应用程序推出了一个专门的加密货币部分，可以轻松访问加密货币价格、相关概念股和ETF，从而以更简化的方式捕捉市场机会。Trade feed 添加了超级披露功能，允许用户查看过去三个月的完整交易历史记录、头寸和回报。这使得用户可以直观地参考高收益真实交易账户的策略逻辑。该平台还引入了综合账户分析页面，并在基金部分添加了P&L视图，以帮助用户更好地评估投资组合表现。期权交易工具通过头寸分析、组合策略中对止盈/止损的支持以及IV排名和百分位数等新的波动性指标得到了进一步加强，帮助用户更好地评估风险和机会。还添加了美国股市、恐惧与贪婪指数以及股票和期权的历史盘中数据，以支持更明智、数据驱动的决策。经过重大升级，TigerAI现在提供期权、投资组合和观察列表分析助手，提供更智能、更个性化的投资见解，帮助用户做出更快、更明智的决策。</blockquote></p><p>IPO subscription business sustained explosive growth, with subscribers up 11x YoY and subscription volume soaring 800x YoY and 13x QoQ. Nearly 40% were first-time subscribers, underscoring strong appeal to new users. Tiger delivered a standout performance across several high-profile IPOs, most notably achieving a record-breaking subscription amount of over HK$ 100 billion in the Mixue Group Hong Kong listing.</p><p><blockquote>IPO申购业务保持爆发式增长，申购人数同比增长11倍，申购量同比飙升800倍，环比飙升13倍。近40%是首次订户，凸显了对新用户的强大吸引力。老虎在多项备受瞩目的IPO中表现出色，其中最引人注目的是蜜雪冰集团香港上市的认购金额超过1000亿港元，创下历史新高。</blockquote></p><p>The Company's wealth management business grew steadily, with Q1 AUC surging 205% YoY in Q1. The number of users rose 85% YoY and 41% QoQ. Wealth penetration reached 22% among newly funded clients in Q1 — meaning 1 in every 5 new Tiger clients subscribed to at least one wealth product. With the rebound of the Hong Kong stock market, demand for Wealth products among local clients has grown significantly, with a 31.5% wealth penetration rate among new clients in the region. As market dynamics shift between US and Chinese equities, Tiger's cash management tool, Tiger Vault, continued to gain strong traction. In Q1, Tiger Vault’s total AUC rose nearly 44% QoQ, while its user base grew over 22.5%. Growth in HKD Vault products was particularly notable, with AUC up 113% and users up over 70% QoQ. In addition, Tiger continues to enrich its structured product offerings by leveraging technology to enhance traditional private banking solutions, aligning with market momentum and investor demand. With growing interest and repeat investment from high-net-worth clients, structured note trading volume rose nearly 42% QoQ.</p><p><blockquote>公司财富管理业务稳步增长，Q1 AUC同比激增205%。用户数量同比增长85%，环比增长41%。Q1 新融资客户的财富渗透率达到 22%，这意味着每 5 个 Tiger 新客户中就有 1 个订阅了至少一种财富产品。随著香港股市反弹，本地客户对财富产品的需求大幅增长，区内新客户财富渗透率达31.5%。随着市场动态在美国和中国股市之间转变，老虎的现金管理工具老虎金库继续获得强大的吸引力。第一季度，Tiger Vault 的总 AUC 环比增长近 44%，用户群增长超过 22.5%。HKD Vault产品的增长尤为显著，AUC环比增长113%，用户环比增长超过70%。此外，老虎继续利用技术增强传统私人银行解决方案，以配合市场趋势和投资者需求，丰富其结构性产品。随着高净值客户兴趣的增长和重复投资，结构性票据交易量环比增长近42%。</blockquote></p><p>The TradingFront Turnkey Asset Management Platform (TAMP) continued to strengthen its service capabilities. In Q1, wealth management AUC on the TradingFront platform achieved double-digit QoQ growth, with auto-invest accounts up 20.8%. The platform expanded its structured product offerings to cover more note types, including Sharkfin, SDFCN, BEN, and DQ, supporting institutional clients in diversifying their portfolios. As a result, total structured note trading volume on the platform increased 53.6% QoQ, driving strong overall business growth.</p><p><blockquote>TradingFront交钥匙资产管理平台（TAMP）持续提升服务能力。第一季度，TradingFront平台上的财富管理AUC实现了两位数的环比增长，其中自动投资账户增长了20.8%。该平台扩展了其结构化产品，涵盖更多票据类型，包括Sharkfin、SDFCN、BEN和DQ，支持机构客户实现投资组合多元化。平台结构性票据总交易量环比增长53.6%，带动整体业务强劲增长。</blockquote></p><p></p><p>In Q1 2025, Tiger's asset management team was among the first to flag risks of a major US market pullback with its "Rise of the East, Decline of the West" outlook. The team focused on key themes like China's AI momentum and macro asset allocation under tariff tensions, delivering timely insights and exclusive sessions for high-net-worth clients. Thanks to its disciplined strategy and market foresight, Tiger's asset management products outperformed with lower downside risk, earning strong trust and continued support from its HNW client base.</p><p><blockquote>2025年第一季度，老虎的资产管理团队率先以“东升西降”的展望标记了美国市场大幅回调的风险。该团队专注于中国人工智能发展势头和关税紧张局势下的宏观资产配置等关键主题，为高净值客户提供及时的见解和独家会议。由于其严谨的策略和市场远见，老虎的资产管理产品在较低的下行风险下表现出色，赢得了其高净值客户群的强烈信任和持续支持。</blockquote></p><p><strong>Investment Banking: Underwrote 4 HK IPOs, Participated in Top 3 HK IPOs</strong></p><p><blockquote><strong>投资银行：承销4宗香港IPO，参与前3宗香港IPO</strong></blockquote></p><p><strong>ESOP SaaS Revenue Grows Steadily with Rising Client Retention</strong> </p><p><blockquote><strong>ESOP SaaS 收入稳步增长，客户保留率上升</strong></blockquote></p><p>UP Fintech's other revenues, encompassing services such as investment banking and Employee Stock Ownership Plan (ESOP), reached US$7.9 million. The Company underwrote 4 Hong Kong IPOs, including BrainAurora Medical Technology, Contiocean Environment Tech Group, Chifeng Gold and Nanshan Aluminum. It also participated in the distribution of the top three Hong Kong IPOs by fundraising volume in Q1. Notably, Tiger played a key role in the record-breaking IPO of Mixue Group, which saw a subscription multiple of 5,324 times and total demand reaching HK$1.84 trillion. Tiger offered up to 200x leverage for the deal with an average of 108x across all participants and attracted over 10,000 subscribers.</p><p><blockquote>UP Fintech 的其他收入，包括投资银行和员工持股计划 (ESOP) 等服务，达到 790 万美元。该公司承销了 4 家香港 IPO，包括极光医疗科技、远洋环境科技集团、赤峰黄金和南山铝业。它还参与了Q1集资额前三名的香港IPO的分布。值得注意的是，老虎在蜜雪冰集团破纪录的IPO中发挥了关键作用，认购倍数达到5,324倍，总需求量达到1.84万亿港元。Tiger 为该交易提供了高达 200 倍的杠杆，所有参与者的平均杠杆为 108 倍，吸引了超过 10,000 名订户。</blockquote></p><p>On the ESOP front, the Company's UponeShare service added 20 enterprise clients this quarter, bringing the total number of serviced enterprise clients to 633. Meanwhile, the company's ESOP SaaS revenue increased 45.4% YoY. Backed by strong service capabilities and positive client feedback, customer loyalty continued to rise, with repeat order value increasing 32.7% YoY.</p><p><blockquote>在员工持股计划方面，该公司的UponeShare服务本季度新增了20家企业客户，使所服务的企业客户总数达到633家。与此同时，该公司ESOP SaaS收入同比增长45.4%。凭借强大的服务能力和积极的客户反馈，客户忠诚度持续提升，重复订单金额同比增长32.7%。</blockquote></p><p>Tiger Enterprise Account onboarded 12 clients in Q1, including Pony.ai and Hesai Technology, bringing the total number of corporate accounts to 478. Tiger partnered with Kuaishou to livestream the 2025 Magnetic Conference, which explored how AI is reshaping the entire marketing and business value chain — offering investors a panoramic view of the next-generation AI-driven commercial ecosystem. Tiger also streamed Lei Jun’s Lunar New Year broadcast and the REDMI Turbo 4 launch, offering insights into trends in consumer electronics.</p><p><blockquote>老虎企业账户第一季度入驻小马智行、禾赛科技等12家客户，企业账户总数达到478家。老虎与快手合作直播2025磁力大会，探讨人工智能如何重塑整个营销和商业价值链，为投资者提供下一代人工智能驱动的商业生态系统的全景视角。Tiger 还直播了雷军的农历新年直播和 REDMI Turbo 4 的发布会，提供了对消费电子趋势的见解。</blockquote></p><p></body></html></p><p><blockquote></blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TIGR":"老虎证券"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1160170305","content_text":"UP Fintech Holding Limited (NASDAQ: TIGR) (\"UP Fintech\" or the \"Company\"), announced its unaudited financial results for the first quarter ended March 31, 2025. UP Fintech achieved a total revenue of US$122.6 million in the first quarter, representing a 55.3% increase year-over-year (YoY). Non-GAAP net income attributable to UP Fintech shareholders surged to US$36 million, up 18.3% quarter-over-quarter (QoQ) and 145% YoY, hitting a historical record. The company added 77,000 new accounts in Q1, up 49.8% YoY, bringing its total global accounts to 2.53 million. Funded accounts increased by 60,900, driving total funded clients up 23.5% YoY to 1.15 million. Trading volume in Q1 soared 154.6% YoY to US$217.5 billion. Net deposits remained robust at US$3.4 billion, propelled client assets to US$45.9 billion, nearly a 10% QoQ and 39.5% YoY increase, reaching a record high. UP Fintech's founder and CEO, Wu Tianhua, stated: \"In Q1, the company achieved breakthroughs in both financial and operational aspects, with sustained growth in revenues and profits. Notably, non-GAAP net profit surged 145% YoY, reaching a record high. Tiger has gained recognition from more HNW clients across markets — total client assets in Greater China grew over 20% QoQ, with new funded clients in Hong Kong averaging over US$30,000 in net asset inflows. As of now, Q1 new funded clients have already achieved 40% of the annual guidance, providing a solid user foundation for our full-year performance goals.\" \"To further enhance the trading experience for platform users, Tiger has continuously optimized and innovated its product features. Recently, we also officially launched cryptocurrency deposit and withdrawal services in Hong Kong. Investors can now seamlessly manage mainstream cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH) through our flagship trading app. Additionally, Tiger has strengthened its AI capabilities with the upgrade from TigerGPT to TigerAI, now offering watchlist, portfolio and options analysis for smarter, data-driven decisions. We've also enhanced options and US stock trading with features like options position analysis, TP/SL for combo strategies, and historical intraday data — improving user experience and lowering the barrier to global investing.\" SG: Q1 Trading Volume Up 81.5% YoY, Wins Three \"AAA Digital Awards\" from The Asset HK: Attracting HNW Clients with Average Net Asset Inflows Exceeding US$30,000 In Singapore, Tiger Brokers maintained strong growth momentum, with trading activity continuing to rise. Total trading volume and orders in Singapore surged 81.5% and 65.8% YoY, respectively. US stock and Singapore stock trading volumes grew 71.3% and 61.2% YoY, while US options trading stood out, with trading volume and orders skyrocketing 127.7% and 82.1% YoY. The Cash Boost trading account remained popular among local investors, with Q1 orders up 11.4% QoQ and active traders increasing 12.5% QoQ. Tiger also strengthened its local presence with the launch of the L.E.A.P. Program, designed to cultivate Singapore's next generation of financial talent — reinforcing its long-term commitment to the industry’s growth. Additionally, Tiger received three accolades at The Asset magazine’s 2025 \"AAA Digital Awards,\" including \"Digital Broker of the Year\" and \"Best Brokerage App\" in Singapore, while its subsidiary Tiger Fund Management was honored as \"Digital Fund Manager of the Year\". Hong Kong continued to attract high-quality clients with Tiger's competitive global trading services. In Q1, local account openings rose 27% QoQ, and new funded clients averaged over US$30,000 in net asset inflows. The Hong Kong stock market demonstrated strong appeal, with trading orders and trading volume for Hong Kong stocks rising 51.7% and 78% QoQ, respectively. Hong Kong options trading saw explosive growth, with trading orders and volume surging 7x and 10x QoQ, highlighting robust demand for derivatives. Cash products remained popular, with the US Treasury trading volume increasing 90% QoQ, HKD money fund orders and volume rising 88% and 94.5% QoQ, and USD money fund orders and volume rising 62% and 89% QoQ. Additionally, Tiger officially launched cryptocurrency deposit and withdrawal services in Hong Kong, allowing investors to manage popular cryptocurrencies like BTC and ETH seamlessly on its platform. In the US, TradeUP sustained strong momentum across key metrics, reflecting improved overall business performance. Local client trading activity surged, with trading volume up 131% QoQ. New funded clients grew 28.4% QoQ, while client assets rose 19% QoQ. Strengthened institutional business capabilities drove further scale, with Q1 commission revenue jumping 56.4% QoQ. In Australia, the Company earned growing trust from clients with strengthened services and brand presence. In Q1, deposit amounts and funded clients rose by 71% and 37% YoY, showcasing strong business momentum. Tiger also won multiple local awards, including winning WeMoney 2025's \"Best Features Award,\" and securing two awards in Mozo's Expert Choice Awards for 2025 \"Online Share Trading – Casual ASX and ETF Investor\" categories. Tiger Brokers Australia was also ranked as number one on Finder's best options trading platforms list for 2025.In New Zealand, Tiger continued to attract high-quality clients. In Q1, net deposits surged 211.7% YoY and 66.6% QoQ. The number of trading accounts climbed 74% YoY, with particularly strong performance in the US market — US equities orders increased 108.8% YoY, while US options orders jumped 161.5%, reflecting strong local investor interest in US markets.TigerAI Gets Major Upgrade, Options Features Further Enhanced IPO Subscriptions Jump 11x, Tiger Hits HK$ 100B Milestone in Mixue IPO SubscriptionIn Q1, commission income reached US$58.3 million, up 109.8% YoY, while interest-related income grew 20.8% YoY to US$56.4 million. The Company continues to enhance its platform features to further improve user experience and efficiency in global asset allocation. The Tiger Trade app launched a dedicated crypto section for easy access to crypto prices, related concept stocks, and ETFs - enabling a more streamlined way to capture market opportunities. Trade feed added Super Disclosure feature allowing users to view full trading history, positions, and returns in the past three months. This allows users to intuitively refer to the strategy logic of high-yield live trading accounts. The platform also introduced a consolidated account analysis page and added a P&L view in the fund section to help users better evaluate portfolio performance. Options trading tools were further strengthened with position analysis, support for take-profit/stop-loss in combo strategies, and new volatility metrics like IV rankings and percentiles - helping users better assess risk and opportunity. US equities, the Fear & Greed Index and historical intraday data for stocks and options have also been added to support more informed, data-driven decisions. Following a major upgrade, TigerAI now offers options, portfolio, and watchlist analysis assistants - delivering smarter, more personalized investment insights to help users make faster, more informed decisions.IPO subscription business sustained explosive growth, with subscribers up 11x YoY and subscription volume soaring 800x YoY and 13x QoQ. Nearly 40% were first-time subscribers, underscoring strong appeal to new users. Tiger delivered a standout performance across several high-profile IPOs, most notably achieving a record-breaking subscription amount of over HK$ 100 billion in the Mixue Group Hong Kong listing.The Company's wealth management business grew steadily, with Q1 AUC surging 205% YoY in Q1. The number of users rose 85% YoY and 41% QoQ. Wealth penetration reached 22% among newly funded clients in Q1 — meaning 1 in every 5 new Tiger clients subscribed to at least one wealth product. With the rebound of the Hong Kong stock market, demand for Wealth products among local clients has grown significantly, with a 31.5% wealth penetration rate among new clients in the region. As market dynamics shift between US and Chinese equities, Tiger's cash management tool, Tiger Vault, continued to gain strong traction. In Q1, Tiger Vault’s total AUC rose nearly 44% QoQ, while its user base grew over 22.5%. Growth in HKD Vault products was particularly notable, with AUC up 113% and users up over 70% QoQ. In addition, Tiger continues to enrich its structured product offerings by leveraging technology to enhance traditional private banking solutions, aligning with market momentum and investor demand. With growing interest and repeat investment from high-net-worth clients, structured note trading volume rose nearly 42% QoQ.The TradingFront Turnkey Asset Management Platform (TAMP) continued to strengthen its service capabilities. In Q1, wealth management AUC on the TradingFront platform achieved double-digit QoQ growth, with auto-invest accounts up 20.8%. The platform expanded its structured product offerings to cover more note types, including Sharkfin, SDFCN, BEN, and DQ, supporting institutional clients in diversifying their portfolios. As a result, total structured note trading volume on the platform increased 53.6% QoQ, driving strong overall business growth.In Q1 2025, Tiger's asset management team was among the first to flag risks of a major US market pullback with its \"Rise of the East, Decline of the West\" outlook. The team focused on key themes like China's AI momentum and macro asset allocation under tariff tensions, delivering timely insights and exclusive sessions for high-net-worth clients. Thanks to its disciplined strategy and market foresight, Tiger's asset management products outperformed with lower downside risk, earning strong trust and continued support from its HNW client base.Investment Banking: Underwrote 4 HK IPOs, Participated in Top 3 HK IPOsESOP SaaS Revenue Grows Steadily with Rising Client Retention UP Fintech's other revenues, encompassing services such as investment banking and Employee Stock Ownership Plan (ESOP), reached US$7.9 million. The Company underwrote 4 Hong Kong IPOs, including BrainAurora Medical Technology, Contiocean Environment Tech Group, Chifeng Gold and Nanshan Aluminum. It also participated in the distribution of the top three Hong Kong IPOs by fundraising volume in Q1. Notably, Tiger played a key role in the record-breaking IPO of Mixue Group, which saw a subscription multiple of 5,324 times and total demand reaching HK$1.84 trillion. Tiger offered up to 200x leverage for the deal with an average of 108x across all participants and attracted over 10,000 subscribers.On the ESOP front, the Company's UponeShare service added 20 enterprise clients this quarter, bringing the total number of serviced enterprise clients to 633. Meanwhile, the company's ESOP SaaS revenue increased 45.4% YoY. Backed by strong service capabilities and positive client feedback, customer loyalty continued to rise, with repeat order value increasing 32.7% YoY.Tiger Enterprise Account onboarded 12 clients in Q1, including Pony.ai and Hesai Technology, bringing the total number of corporate accounts to 478. Tiger partnered with Kuaishou to livestream the 2025 Magnetic Conference, which explored how AI is reshaping the entire marketing and business value chain — offering investors a panoramic view of the next-generation AI-driven commercial ecosystem. Tiger also streamed Lei Jun’s Lunar New Year broadcast and the REDMI Turbo 4 launch, offering insights into trends in consumer electronics.","news_type":1,"symbols_score_info":{"TIGR":1.1}},"isVote":1,"tweetType":1,"viewCount":3173,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":4,"optionInvolvedFlag":false,"subscribersOnly":false,"subscribersOnlyAccessible":false,"xxTargetLangEnum":"ORIG"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/467051648299096"}
精彩评论