UP Fintech Holding Limited (NASDAQ:TIGR), an online brokerage firm, today announced that the Securities and Exchange Commission of Hong Kong (SFC) has officially granted a Type 9 license to Tiger Brokers (HK) Global Limited (TBHK).

The license authorizes TBHK to provide asset management services, including discretionary account service to both retail clients and professional investors and asset management service to collective investment schemes offered only to professional investors.

Mr. Yang Xu, head of the Wealth Management business, said that TBHK’s asset management services will include an experienced investment team specialized in strategic asset allocation and long-term value investing, creating bespoke asset allocation strategies for retail discretionary clients. fluency, complemented by a user-friendly platform interface to facilitate wealth accumulation.

In addition, TBHK’s asset management team will provide comprehensive services for investment migration to Hong Kong, along with customized investment strategies for managed accounts, and is set to offer a multifaceted fund service infrastructure in the future.

In the past year since entering the Hong Kong market, TBHK has gained popularity among Hong Kong users with its optimized product offerings and one of the most competitive prices.


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