Tiger Brokers (HK) Global Limited Receives Type 9 License in Hong Kong

UP Fintech Holding Limited, known as "Tiger Brokers" in Asia, a leading online brokerage firm focusing on global investors, announced Wednesday that its Hong Kong subsidiary Tiger Brokers (HK) Global Limited has obtained a Type 9 license from Hong Kong's Securities and Futures Commission (SFC).

With the new license, Tiger Brokers (HK) can deliver asset management services, including discretionary accounts service to both retail clients and professional investors and asset management service to collective investment schemes offered to professional investors only.

Tiger Brokers (HK)'s asset management team will provide comprehensive services for Hong Kong investment immigration, as well as tailored investment strategies for managed accounts, notes Mr. Yang Xu, the Head of Wealth Management business. Looking ahead, the business plans to offer a multifaceted fund service infrastructure in the future.

"Over the past year since entering Hong Kong market, TBHK has garnered popularity among Hong Kong users with its optimized product offerings and one of the most competitive pricing," Tiger Brokers said in an announcement.