Profile - To The Moon

Kallu

To achieve your own goals, start by helping others achieve theirs. Study and steady wins the race.

Posts · 142Posts · 142
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- KalluKallu
  ·08:53
  $NVIDIA(NVDA)$ $NVIDIA(NVDA)$ never disappoint you
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- KalluKallu
  ·01-22 22:54
  $Canoo Inc.(GOEV)$ game over!!! Does anyone have any hope??
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- KalluKallu
  ·01-17
  Stocks to watch today
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- KalluKallu
  ·01-16
  What happened suddenly started flying
  @boyjer07：
  $NVIDIA(NVDA)$ tooooo the MOON
  $NVIDIA(NVDA)$ tooooo the MOON
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- KalluKallu
  ·01-13
  $NVIDIA(NVDA)$ bloodbath loading
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- KalluKallu
  ·01-06
  $CN Energy Group Inc.(CNEY)$ why it's raising @Boybabyrage @TigerGPT
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- KalluKallu
  ·01-03
  Tiger roars @Tiger_SG @TigerGPT
  Deutsche Bank: UP Fintech (TIGR) Poised for Further Growth; Initiating with Buy
  Leading online brokerage with a focus on US equities & strong tech capabilities UP Fintech (TIGR) is a leading integrated online brokerage company offering a diverse range of investment products acros
  Deutsche Bank: UP Fintech (TIGR) Poised for Further Growth; Initiating with Buy
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- KalluKallu
  ·2024-12-31
  $Faraday Future Intelligent Electric Inc.(FFIE)$ $Faraday Future Intelligent Electric Inc.(FFIE)$ Thank you and goodbye
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- KalluKallu
  ·2024-12-20
  $Tonix Pharmaceuticals(TNXP)$
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- KalluKallu
  ·2024-12-17
  $Tonix Pharmaceuticals(TNXP)$ 5$ soon @Barcode @TigerGPT @Tiger_SG
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href=\"https://ttm.financial/S/NVDA\">$NVIDIA(NVDA)$&nbsp;</a><v-v data-views=\"1\"></v-v>&nbsp;<a href=\"https://ttm.financial/S/NVDA\">$NVIDIA(NVDA)$&nbsp;</a><v-v data-views=\"1\"></v-v> never disappoint you&nbsp;","listText":"<a href=\"https://ttm.financial/S/NVDA\">$NVIDIA(NVDA)$&nbsp;</a><v-v data-views=\"1\"></v-v>&nbsp;<a href=\"https://ttm.financial/S/NVDA\">$NVIDIA(NVDA)$&nbsp;</a><v-v data-views=\"1\"></v-v> never disappoint you&nbsp;","text":"$NVIDIA(NVDA)$ $NVIDIA(NVDA)$ never disappoint you","images":[{"img":"https://community-static.tradeup.com/news/8fa8c3d24d096f9cb4fce0d3d569ff25","width":"1068","height":"1112"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/395537683001568","isVote":1,"tweetType":1,"viewCount":9,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":395391263375480,"gmtCreate":1737557657429,"gmtModify":1737557661366,"author":{"id":"4156648821928502","authorId":"4156648821928502","name":"Kallu","avatar":"https://community-static.tradeup.com/news/516672ce34e53607e5822f25111599cf","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4156648821928502","authorIdStr":"4156648821928502"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/GOEV\">$Canoo Inc.(GOEV)$&nbsp;</a> game over!!! 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Does anyone have any hope??","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/395391263375480","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":393349677552152,"gmtCreate":1737070845158,"gmtModify":1737070849028,"author":{"id":"4156648821928502","authorId":"4156648821928502","name":"Kallu","avatar":"https://community-static.tradeup.com/news/516672ce34e53607e5822f25111599cf","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4156648821928502","authorIdStr":"4156648821928502"},"themes":[],"htmlText":"Stocks to watch today&nbsp;","listText":"Stocks to watch today&nbsp;","text":"Stocks to watch today","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/393349677552152","isVote":1,"tweetType":1,"viewCount":12,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":393084125389080,"gmtCreate":1737010887350,"gmtModify":1737010890785,"author":{"id":"4156648821928502","authorId":"4156648821928502","name":"Kallu","avatar":"https://community-static.tradeup.com/news/516672ce34e53607e5822f25111599cf","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4156648821928502","authorIdStr":"4156648821928502"},"themes":[],"htmlText":"What happened suddenly started flying","listText":"What happened suddenly started flying","text":"What happened suddenly started flying","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/393084125389080","repostId":"393081124978992","repostType":1,"repost":{"id":393081124978992,"gmtCreate":1737010155322,"gmtModify":1737010159369,"author":{"id":"4190585651139482","authorId":"4190585651139482","name":"boyjer07","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4190585651139482","authorIdStr":"4190585651139482"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/NVDA\">$NVIDIA(NVDA)$ </a> tooooo the MOON","listText":"<a href=\"https://ttm.financial/S/NVDA\">$NVIDIA(NVDA)$ </a> tooooo the MOON","text":"$NVIDIA(NVDA)$ tooooo the MOON","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/393081124978992","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":12,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":392062938190368,"gmtCreate":1736756089631,"gmtModify":1736757667410,"author":{"id":"4156648821928502","authorId":"4156648821928502","name":"Kallu","avatar":"https://community-static.tradeup.com/news/516672ce34e53607e5822f25111599cf","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4156648821928502","authorIdStr":"4156648821928502"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/NVDA\">$NVIDIA(NVDA)$&nbsp;</a> bloodbath loading&nbsp;","listText":"<a href=\"https://ttm.financial/S/NVDA\">$NVIDIA(NVDA)$&nbsp;</a> bloodbath loading&nbsp;","text":"$NVIDIA(NVDA)$ bloodbath loading","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/392062938190368","isVote":1,"tweetType":1,"viewCount":99,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":389498675929496,"gmtCreate":1736132963538,"gmtModify":1736132967148,"author":{"id":"4156648821928502","authorId":"4156648821928502","name":"Kallu","avatar":"https://community-static.tradeup.com/news/516672ce34e53607e5822f25111599cf","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4156648821928502","authorIdStr":"4156648821928502"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/CNEY\">$CN Energy Group Inc.(CNEY)$ </a> why it's raising&nbsp;<a href=\"https://ttm.financial/U/4178332581629092\">@Boybabyrage </a>&nbsp;<a href=\"https://ttm.financial/U/4141429963588842\">@TigerGPT </a>&nbsp;","listText":"<a href=\"https://ttm.financial/S/CNEY\">$CN Energy Group Inc.(CNEY)$ </a> why it's raising&nbsp;<a href=\"https://ttm.financial/U/4178332581629092\">@Boybabyrage </a>&nbsp;<a href=\"https://ttm.financial/U/4141429963588842\">@TigerGPT </a>&nbsp;","text":"$CN Energy Group Inc.(CNEY)$ why it's raising @Boybabyrage @TigerGPT","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":1,"link":"https://ttm.financial/post/389498675929496","isVote":1,"tweetType":1,"viewCount":343,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"4141429963588842","authorId":"4141429963588842","name":"TigerGPT","avatar":"https://community-static.tradeup.com/news/5b82af1deb17dfa8f94b4741b9ea2738","crmLevel":1,"crmLevelSwitch":0,"idStr":"4141429963588842","authorIdStr":"4141429963588842"},"content":"I apologize, but I couldn't find any specific news or information regarding the recent price movement of CN Energy Group Inc. (CNEY) on January 6th, 2025. The price movement could be influenced by various factors such as market sentiments, company news, earnings reports, or other market dynamics that are not easily identifiable at the moment. To stay updated on the latest news and developments related to CN Energy Group Inc., I recommend monitoring reputable financial news sources or conducting further research. Additionally, consulting with a financial advisor or broker may provide you with more insights tailored to your investment goals and risk tolerance. Please note that the information provided is for reference purposes only and does not constitute investment advice. Investing in stocks involves risks, and it's important to conduct thorough research and consider your own investment objectives before making any investment decisions.","text":"I apologize, but I couldn't find any specific news or information regarding the recent price movement of CN Energy Group Inc. (CNEY) on January 6th, 2025. The price movement could be influenced by various factors such as market sentiments, company news, earnings reports, or other market dynamics that are not easily identifiable at the moment. To stay updated on the latest news and developments related to CN Energy Group Inc., I recommend monitoring reputable financial news sources or conducting further research. Additionally, consulting with a financial advisor or broker may provide you with more insights tailored to your investment goals and risk tolerance. Please note that the information provided is for reference purposes only and does not constitute investment advice. Investing in stocks involves risks, and it's important to conduct thorough research and consider your own investment objectives before making any investment decisions.","html":"I apologize, but I couldn't find any specific news or information regarding the recent price movement of CN Energy Group Inc. (CNEY) on January 6th, 2025. The price movement could be influenced by various factors such as market sentiments, company news, earnings reports, or other market dynamics that are not easily identifiable at the moment. To stay updated on the latest news and developments related to CN Energy Group Inc., I recommend monitoring reputable financial news sources or conducting further research. Additionally, consulting with a financial advisor or broker may provide you with more insights tailored to your investment goals and risk tolerance. Please note that the information provided is for reference purposes only and does not constitute investment advice. Investing in stocks involves risks, and it's important to conduct thorough research and consider your own investment objectives before making any investment decisions."}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":388585981300904,"gmtCreate":1735895427927,"gmtModify":1735895432569,"author":{"id":"4156648821928502","authorId":"4156648821928502","name":"Kallu","avatar":"https://community-static.tradeup.com/news/516672ce34e53607e5822f25111599cf","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4156648821928502","authorIdStr":"4156648821928502"},"themes":[],"htmlText":"Tiger roars&nbsp;<a href=\"https://ttm.financial/U/4106547232749330\">@Tiger_SG </a>&nbsp;<a href=\"https://ttm.financial/U/4141429963588842\">@TigerGPT </a>&nbsp;","listText":"Tiger roars&nbsp;<a href=\"https://ttm.financial/U/4106547232749330\">@Tiger_SG </a>&nbsp;<a href=\"https://ttm.financial/U/4141429963588842\">@TigerGPT </a>&nbsp;","text":"Tiger roars @Tiger_SG @TigerGPT","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/388585981300904","repostId":"1149344726","repostType":2,"repost":{"id":"1149344726","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":1735873926,"share":"https://ttm.financial/m/news/1149344726?lang=&edition=fundamental","pubTime":"2025-01-03 11:12","market":"us","language":"en","title":"Deutsche Bank: UP Fintech (TIGR) Poised for Further Growth; Initiating with Buy","url":"https://stock-news.laohu8.com/highlight/detail?id=1149344726","media":"Tiger Newspress","summary":"Leading online brokerage with a focus on US equities & strong tech capabilities UP Fintech (TIGR) is a leading integrated online brokerage company offering a diverse range of investment products acros","content":"<p><strong>Leading online brokerage with a focus on US equities &amp; strong tech capabilities</strong> </p><p>UP Fintech (TIGR) is a leading integrated online brokerage company offering a diverse range of investment products across multiple markets. It serves investors in Singapore, New Zealand, Australia, and the United States, and has recently </p><p>expanded into Hong Kong. It has a strong focus on US equities, which account for 85% of trading volumes. Strategically positioned in key APAC hubs, TIGR is well\u0002placed to capitalize on the growing demand for international investments. As of end-September 2024, TIGR has over 1mn paying clients.</p><p><strong>Earnings growth fueled by US equities momentum and market expansion</strong> </p><p>With new capital raised recently, we believe TIGR is poised for further growth, driven by sustained momentum in US equities and the ramping up of activities in Hong Kong, as well as the following factors:</p><ul style=\"\"><li><p><strong>Expanding client base:</strong> We expect new client acquisition to average around 149k per year from 2024E to 2026E, up from 116k in 2022-2023 (a 12% CAGR), due to the company's planned increase in investments in Hong Kong, which offers a higher ARPU than other markets.</p></li><li><p><strong>Trading momentum:</strong> We expect trading volumes to expand at a 15% CAGR over 2024E-2026E, driven by client base expansion and an increase in client assets with continuous fund inflows amid a steady improvement of market sentiment.</p></li><li><p><strong>Expanding MFSL scale:</strong> A large proportion of the new capital raised will be used to support the expansion of the company's Mutual Fund Service License (MFSL) balance. We project a decent 33% CAGR increase in the MFSL average balance over 2024E-26E.</p></li></ul><p>We believe TIGR's margin has significant potential to improve due to enhanced operating leverage and operating efficiencies driven by TIGR's innovative technology. We expect non-GAAP attributable profit to increase from US$63mn to US$95mn at a 25% CAGR over 2024E-2026E.</p><p><strong>Initiating coverage with a Buy rating and a target price of US$9.40</strong></p><p>We initiate coverage on TIGR with a Buy rating and target price of US$9.40. We have adopted a probability-weighted valuation framework with our base case derived from a DCF valuation. We have assigned a heavier weight to our base case and equal consideration for both bear and bull scenarios to reach our target P/E. This balanced approach reflects our cautious optimism towards US equities and Hong Kong market activities, acknowledging potential risks while maintaining a slightly bullish outlook.Our target price corresponds to a 21.5x FY25E P/E, which is near the historical three-year average.</p><p><strong>Risks:</strong></p><p><strong>Key downside risks:</strong> (1) regulatory risk from tightening capital controls; (2) failure to meet the regulatory requirements for the licenses in the markets where it has a presence; (3) increasing stock market volatility; and (4) increasing geopolitical tension.</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>Deutsche Bank: UP Fintech (TIGR) Poised for Further Growth; Initiating with Buy</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: 11px; color: #7E829C; margin: 0;line-height: 11px;}\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\">\nDeutsche Bank: UP Fintech (TIGR) Poised for Further Growth; Initiating with Buy\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\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\">2025-01-03 11:12</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p><strong>Leading online brokerage with a focus on US equities &amp; strong tech capabilities</strong> </p><p>UP Fintech (TIGR) is a leading integrated online brokerage company offering a diverse range of investment products across multiple markets. It serves investors in Singapore, New Zealand, Australia, and the United States, and has recently </p><p>expanded into Hong Kong. It has a strong focus on US equities, which account for 85% of trading volumes. Strategically positioned in key APAC hubs, TIGR is well\u0002placed to capitalize on the growing demand for international investments. As of end-September 2024, TIGR has over 1mn paying clients.</p><p><strong>Earnings growth fueled by US equities momentum and market expansion</strong> </p><p>With new capital raised recently, we believe TIGR is poised for further growth, driven by sustained momentum in US equities and the ramping up of activities in Hong Kong, as well as the following factors:</p><ul style=\"\"><li><p><strong>Expanding client base:</strong> We expect new client acquisition to average around 149k per year from 2024E to 2026E, up from 116k in 2022-2023 (a 12% CAGR), due to the company's planned increase in investments in Hong Kong, which offers a higher ARPU than other markets.</p></li><li><p><strong>Trading momentum:</strong> We expect trading volumes to expand at a 15% CAGR over 2024E-2026E, driven by client base expansion and an increase in client assets with continuous fund inflows amid a steady improvement of market sentiment.</p></li><li><p><strong>Expanding MFSL scale:</strong> A large proportion of the new capital raised will be used to support the expansion of the company's Mutual Fund Service License (MFSL) balance. We project a decent 33% CAGR increase in the MFSL average balance over 2024E-26E.</p></li></ul><p>We believe TIGR's margin has significant potential to improve due to enhanced operating leverage and operating efficiencies driven by TIGR's innovative technology. We expect non-GAAP attributable profit to increase from US$63mn to US$95mn at a 25% CAGR over 2024E-2026E.</p><p><strong>Initiating coverage with a Buy rating and a target price of US$9.40</strong></p><p>We initiate coverage on TIGR with a Buy rating and target price of US$9.40. We have adopted a probability-weighted valuation framework with our base case derived from a DCF valuation. We have assigned a heavier weight to our base case and equal consideration for both bear and bull scenarios to reach our target P/E. This balanced approach reflects our cautious optimism towards US equities and Hong Kong market activities, acknowledging potential risks while maintaining a slightly bullish outlook.Our target price corresponds to a 21.5x FY25E P/E, which is near the historical three-year average.</p><p><strong>Risks:</strong></p><p><strong>Key downside risks:</strong> (1) regulatory risk from tightening capital controls; (2) failure to meet the regulatory requirements for the licenses in the markets where it has a presence; (3) increasing stock market volatility; and (4) increasing geopolitical tension.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1149344726","content_text":"Leading online brokerage with a focus on US equities & strong tech capabilities UP Fintech (TIGR) is a leading integrated online brokerage company offering a diverse range of investment products across multiple markets. It serves investors in Singapore, New Zealand, Australia, and the United States, and has recently expanded into Hong Kong. It has a strong focus on US equities, which account for 85% of trading volumes. Strategically positioned in key APAC hubs, TIGR is wellplaced to capitalize on the growing demand for international investments. As of end-September 2024, TIGR has over 1mn paying clients.Earnings growth fueled by US equities momentum and market expansion With new capital raised recently, we believe TIGR is poised for further growth, driven by sustained momentum in US equities and the ramping up of activities in Hong Kong, as well as the following factors:Expanding client base: We expect new client acquisition to average around 149k per year from 2024E to 2026E, up from 116k in 2022-2023 (a 12% CAGR), due to the company's planned increase in investments in Hong Kong, which offers a higher ARPU than other markets.Trading momentum: We expect trading volumes to expand at a 15% CAGR over 2024E-2026E, driven by client base expansion and an increase in client assets with continuous fund inflows amid a steady improvement of market sentiment.Expanding MFSL scale: A large proportion of the new capital raised will be used to support the expansion of the company's Mutual Fund Service License (MFSL) balance. We project a decent 33% CAGR increase in the MFSL average balance over 2024E-26E.We believe TIGR's margin has significant potential to improve due to enhanced operating leverage and operating efficiencies driven by TIGR's innovative technology. We expect non-GAAP attributable profit to increase from US$63mn to US$95mn at a 25% CAGR over 2024E-2026E.Initiating coverage with a Buy rating and a target price of US$9.40We initiate coverage on TIGR with a Buy rating and target price of US$9.40. We have adopted a probability-weighted valuation framework with our base case derived from a DCF valuation. We have assigned a heavier weight to our base case and equal consideration for both bear and bull scenarios to reach our target P/E. This balanced approach reflects our cautious optimism towards US equities and Hong Kong market activities, acknowledging potential risks while maintaining a slightly bullish outlook.Our target price corresponds to a 21.5x FY25E P/E, which is near the historical three-year average.Risks:Key downside risks: (1) regulatory risk from tightening capital controls; (2) failure to meet the regulatory requirements for the licenses in the markets where it has a presence; (3) increasing stock market volatility; and (4) increasing geopolitical tension.","news_type":1},"isVote":1,"tweetType":1,"viewCount":210,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":387311954252072,"gmtCreate":1735600086425,"gmtModify":1735788917744,"author":{"id":"4156648821928502","authorId":"4156648821928502","name":"Kallu","avatar":"https://community-static.tradeup.com/news/516672ce34e53607e5822f25111599cf","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4156648821928502","authorIdStr":"4156648821928502"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/FFIE\">$Faraday Future Intelligent Electric Inc.(FFIE)$&nbsp;</a><v-v data-views=\"1\"></v-v><a href=\"https://ttm.financial/S/FFIE\">$Faraday Future Intelligent Electric Inc.(FFIE)$&nbsp;</a><v-v data-views=\"1\"></v-v>&nbsp; Thank you and goodbye&nbsp;","listText":"<a href=\"https://ttm.financial/S/FFIE\">$Faraday Future Intelligent Electric Inc.(FFIE)$&nbsp;</a><v-v data-views=\"1\"></v-v><a href=\"https://ttm.financial/S/FFIE\">$Faraday Future Intelligent Electric Inc.(FFIE)$&nbsp;</a><v-v data-views=\"1\"></v-v>&nbsp; Thank you and goodbye&nbsp;","text":"$Faraday Future Intelligent Electric Inc.(FFIE)$ $Faraday Future Intelligent Electric Inc.(FFIE)$ Thank you and goodbye","images":[{"img":"https://community-static.tradeup.com/news/c316f8a0d5d877d33cd6f4e9ccd017f9","width":"327","height":"545"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/387311954252072","isVote":1,"tweetType":1,"viewCount":1254,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":383445721780288,"gmtCreate":1734646545965,"gmtModify":1734646548495,"author":{"id":"4156648821928502","authorId":"4156648821928502","name":"Kallu","avatar":"https://community-static.tradeup.com/news/516672ce34e53607e5822f25111599cf","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4156648821928502","authorIdStr":"4156648821928502"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/TNXP\">$Tonix Pharmaceuticals(TNXP)$&nbsp;</a><v-v data-views=\"1\"></v-v>&nbsp;","listText":"<a href=\"https://ttm.financial/S/TNXP\">$Tonix Pharmaceuticals(TNXP)$&nbsp;</a><v-v data-views=\"1\"></v-v>&nbsp;","text":"$Tonix Pharmaceuticals(TNXP)$","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/383445721780288","isVote":1,"tweetType":1,"viewCount":237,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":382603205132640,"gmtCreate":1734443997221,"gmtModify":1734492329425,"author":{"id":"4156648821928502","authorId":"4156648821928502","name":"Kallu","avatar":"https://community-static.tradeup.com/news/516672ce34e53607e5822f25111599cf","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4156648821928502","authorIdStr":"4156648821928502"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/TNXP\">$Tonix Pharmaceuticals(TNXP)$ </a> 5$ soon&nbsp;<a href=\"https://ttm.financial/U/4171900329979952\">@Barcode </a>&nbsp;<a href=\"https://ttm.financial/U/4141429963588842\">@TigerGPT </a>&nbsp;<a href=\"https://ttm.financial/U/4106547232749330\">@Tiger_SG </a>&nbsp;","listText":"<a href=\"https://ttm.financial/S/TNXP\">$Tonix Pharmaceuticals(TNXP)$ </a> 5$ soon&nbsp;<a href=\"https://ttm.financial/U/4171900329979952\">@Barcode </a>&nbsp;<a href=\"https://ttm.financial/U/4141429963588842\">@TigerGPT </a>&nbsp;<a href=\"https://ttm.financial/U/4106547232749330\">@Tiger_SG </a>&nbsp;","text":"$Tonix Pharmaceuticals(TNXP)$ 5$ soon @Barcode @TigerGPT @Tiger_SG","images":[{"img":"https://community-static.tradeup.com/news/80fb0a6db8ee66d377f8a3a2a33ea29e","width":"1068","height":"1112"}],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":104,"commentSize":17,"repostSize":723,"link":"https://ttm.financial/post/382603205132640","isVote":1,"tweetType":1,"viewCount":14329,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3561775119462661","authorId":"3561775119462661","name":"700k","avatar":"https://community-static.tradeup.com/news/c822cf27b8c85ca6e6d8dd110dc73ab1","crmLevel":3,"crmLevelSwitch":1,"idStr":"3561775119462661","authorIdStr":"3561775119462661"},"content":"hope you have sold it when it reach above $1. I believe retail trader and investors sold their share after it spike","text":"hope you have sold it when it reach above $1. I believe retail trader and investors sold their share after it spike","html":"hope you have sold it when it reach above $1. I believe retail trader and investors sold their share after it spike"}],"imageCount":1,"langContent":"EN","totalScore":0}],"defaultTab":"posts","isTTM":true}