BUSINESSJun 2 · 13:00 UTCSCMP CHINAJulie Zhang

China’s Tiger Brokers reports strong results, with no mention of trading crackdown

Tiger Brokers reported a 17.5% year-on-year increase in first-quarter operating profit to $47.6 million and a 26.3% rise in revenue to $154.9 million, driven by a 536% surge in Hong Kong trading. The announcement did not mention the looming punishment from China’s securities regulator over alleged unlicensed cross-border trading services.

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Tiger BrokersorganizationChina’s securities regulatororganizationHong Kongplace

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