Key Points – UP Fintech’s Q1 revenue and operating profit rose 26.3% and 17.5% year over year, respectively, to $155 million and $47.6 million.
However, a one-time regulatory penalty of about RMB 411 million pushed the company to a net loss of $26.9 million. – The company continued to grow its user base and assets, adding 28,900 new funded accounts and ending the quarter with 1.28 million funded accounts
Client assets reached $58.9 billion, supported by $2.9 billion in net asset inflows, even though market volatility caused temporary mark-to-market losses. – Management said new mainland China rules are industry-wide and not targeted specifically at UP Fintech, and that the company has already completed required rectification steps. It also maintained its full-year new funded account guidance and authorized a $50 million share repurchase program. – Hong Kong Financial Firm Futu Surges 33.12% Amid Stimulus Hints UP Fintech (NASDAQ:TIGR) reported higher first-quarter revenue and operating profit, while a one-time regulatory penalty drove the online brokerage to a quarterly net loss. Chairman and CEO Tianhua Wu said total revenue for the first quarter of 2026 reached $155 million, up 26.3% from a year earlier, supported by “diversified offering and steady expansion of core operations.” Operating profit rose 17.5% year over year to $47.6 million, according to Wu. – 3 Chinese Stocks with Strong Momentum The company, which operates the Tiger Brokers platform, added 28,900 new funded accounts during the quarter, with Singapore and Hong Kong described as the primary contributors.
Total funded accounts reached 1.28 million at quarter-end, an 11.3% increase from the prior year. Client Assets Rise Year Over Year Despite Market Losses Wu said UP Fintech recorded $2.9 billion in net asset inflows during the quarter. Net asset inflow from retail users under consolidated accounts exceeded $2 billion for the first time in the company’s history, which Wu said reflected improvement…