$UP Fintech (TIGR.US)$$Futu Holdings Ltd (FUTU.US)$ Been se...

Been searching online to find the reasons for the recent down trend for tigr and futu. So far, there is hardly any negative about both companies. Issues like global pandemic, inflation, crude oil prices, china's energy crisis and Evergrande are among the factors adversely impacted the market in general, especially those China stocks. I feel that both companies are fundamentally strong with bright future. However, there are also some in the community who prefer to short trade by selling high and attempt to buy back low by driving down the sentiments, by creating unsubstantiated comments that the prices will collapse. This fear will surely cause panic selling and eventually bringing down the price.