$Tiger Brokers(TIGR)$ Quick explaination for everyone: There was an opinion piece by people's daily today which question about Futu's and Tiger's data security about the bill passed on 20th August. People are panic selling which cause the price to plunge. The fundamentals of the company have not change as of now.
$Tiger Brokers(TIGR)$ If you look at the IPO, it opened at $8 and went down to $2. If you had continued to hold you would have been rewarded when it went to $38.50 in Feb. No one knows the long term price action.
$Tiger Brokers(TIGR)$Need to wait for overall sentiment in Chinese stocks to change. Hopefully after the China national day, investors will get more bullish.
$Tiger Brokers(TIGR)$ Need to wait for overall market sentiment in China to change. Hopefully Chinese investors will get more bullish after the China national holiday.[Spreading Hands]
$Tiger Brokers(TIGR)$ Evergrande Debt PaymentEvergrande core unit Hengda Real Estate will make an interest payment due Sept. 23 on domestic debt, easing default fears, at least in the very short term. Evergrande default fears rattled financial markets around the world on Monday. The property-led conglomerate has $300 billion in debt and has missed two other recent interest payments. There is concern that foreign bondholders will end up taking heavy losses.The Shanghai stock exchange opened lower after a long weekend, but closed up slightly.