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$Futu Holdings Ltd (FUTU.US)$$UP Fintech (TIGR.US)$ https://...
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Cash88 : means? no hope to go back to previous highm
c_mk OP : Actually, this is nothing new in this... The Chinese authorities had need dragging their final decisions for months. There is no clear sign the investigation is ending. The truth is that the market can't tolerate uncertainty. Investors should be prepared to face this risk. Both stocks have stock fundamentals.
c_mk OP : https://www.reuters.com/world/china/exclusive-china-ban-online-brokers-offering-offshore-trading-mainland-clients-2021-12-17/
老Uncle : same old same old?
c_mk OP : Recycled news picked up by the media
B_in_B : You may need to give discount to any western media unless it is from China official sources haha.
doctorpot1 Cash88 : this will take a while. if they can grow the non Chinese user base fast then probably will go back or exceed ATH. Think about it if the user base grew 10x, revenue 10x, earning 10x, don't you think the share price will rise up to match?
c_mk OP : They should really spilt the company into 2.one for China users and the other for non China.
c_mk OP : That's only hope to regain the previous all time high. Otherwise every few months there will be some officials announcing the consideration to delist.