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2021-10-28

It's just all the SG shares auto transfer to CDP? What's the implication?

UP Fintech Holding Limited’s Singapore Subsidiary Receives Approval Regarding CDP Depository Agent in Singapore

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What's the implication?","highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"favoriteSize":0,"link":"https://laohu8.com/post/854381075","repostId":2178259001,"repostType":2,"repost":{"id":"2178259001","kind":"news","pubTimestamp":1635408000,"share":"https://ttm.financial/m/news/2178259001?lang=&edition=full","pubTime":"2021-10-28 16:00","market":"us","language":"en","title":"UP Fintech Holding Limited’s Singapore Subsidiary Receives Approval Regarding CDP Depository Agent in Singapore","url":"https://stock-news.laohu8.com/highlight/detail?id=2178259001","media":"StreetInsider","summary":"BEIJING, Oct.  28, 2021  (GLOBE NEWSWIRE) -- UP Fintech Holding Limited (Nasdaq: TIGR) (“UP Fintech”","content":"<p>BEIJING, Oct.  28, 2021  (GLOBE NEWSWIRE) -- UP Fintech Holding Limited (Nasdaq: TIGR) (“UP Fintech” or the “Company”), a leading online brokerage firm focusing on global investors, today announced that its Singapore subsidiary, Tiger Brokers (Singapore) Pte. Ltd. (“TBSPL”), has received approval to be admitted as a CDP Depository Agent.</p><p>The Company expects to use such approval to provide our clients with a more comprehensive service offering and improve the user experience in Singapore.</p><p><b>About UP Fintech Holding Limited</b></p><p>UP Fintech Holding Limited is a leading online brokerage firm focusing on global investors. The Company’s proprietary mobile and online trading platform enables investors to trade in equities and other financial instruments on multiple exchanges around the world. The Company offers innovative products and services as well as a superior user experience to customers through its “mobile first” strategy, which enables it to better serve and retain current customers as well as attract new ones. 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Among other statements, the business outlook and quotations from management in this announcement, as well as the Company’s strategic and operational plans, contain forward-looking statements. The Company may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission (“SEC”) on Forms 20-F and 6-K, in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties, including the earnings conference call. Statements that are not historical facts, including statements about the Company’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. 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Ltd. (“TBSPL”), has received approval to be admitted as a CDP Depository Agent.The Company expects to use such approval to provide our clients with a more comprehensive service offering and improve the user experience in Singapore.About UP Fintech Holding LimitedUP Fintech Holding Limited is a leading online brokerage firm focusing on global investors. The Company’s proprietary mobile and online trading platform enables investors to trade in equities and other financial instruments on multiple exchanges around the world. The Company offers innovative products and services as well as a superior user experience to customers through its “mobile first” strategy, which enables it to better serve and retain current customers as well as attract new ones. The Company offers customers comprehensive brokerage and value-added services, including trade order placement and execution, margin financing, IPO subscription, ESOP management, investor education, community discussion and customer support. The Company’s proprietary infrastructure and advanced technology are able to support trades across multiple currencies, multiple markets, multiple products, multiple execution venues and multiple clearinghouses.For more information on the Company, please visit: https://ir.itiger.com.Safe Harbor StatementThis announcement contains forward-looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “may,” “might,” “aim,” “likely to,” “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates” and similar statements or expressions. Among other statements, the business outlook and quotations from management in this announcement, as well as the Company’s strategic and operational plans, contain forward-looking statements. 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