$ETC(ETC.CC)$ Great! ETC is now about 8% up. I expect bigger jump in greyscale ETC since it's trading at 53% discount!!

$ETC(ETC.CC)$ something strange is happening to ETC now.

$UP Fintech(TIGR.US)$ read this: https://simplywall.st/stocks/us/diversified-financials/nasdaq-tigr/up-fintech-holding/news/with-a-38-price-drop-for-up-fintech-holding-limited-nasdaqti

$UP Fintech(TIGR.US)$ I like TIGR App and that's why I bought some shares. However, at this point I still can't establish any plausible theory on how TIGR could get itself out this PIPL saga. Under such situation, I will choose to get out - there are many other better stocks one can invest.

$UP Fintech(TIGR.US)$ The Chinese Authority key concern is capital outflows. They had crushed schemes such as: buying insurance policies or tawdry plastic watches with credit cards in HK or Macau. Unless the two Brokerages come with policies that the proceeds of all Chinese investors shall return to China, otherwise, they won't get the "driving licences" to enjoy the 80% or 55% funding from the Chinese investors. The 2 big shareholders (tencent for moomoo & xiaomi for TIGR) may have to toe the line.

$UP Fintech(TIGR.US)$ read this: https://www.zdnet.com/article/hacker-selling-data-of-538-million-weibo-users/. What's the current cyber security landscape esp. Personal Data Protection within China? Why can't the Chinese Gov't control the outflow of Personal Data since they can monitor & control the network within China? Whatever measures they are going to take against the two Brokerages will only exposure and confirm that they don't have effective monitoring & control. It may seems like a catch 22, but use a bull knife against these Brokerages to expose their own weakness doesn't look like a very wise move, I think.

$UP Fintech(TIGR.US)$ Below extracted from Seeking Alpha's Quant, dated 26 October 2021:
"UP Fintech Holding Is Like Holding A Tiger By The Tail
We do not recommend retail value investors invest in UP at this time. Hold shares but we are Bearish on buying China’s Fintechs and UP Fintech in particular. Risks abound.
China is hot on tightening regulations fraught with worry for national security. UP Fintech Holding's move of brokerage services to Hong Kong is about image not value.
Seeking Alpha's Quant Rating for UP is Very Bearish. "

$UP Fintech(TIGR.US)$ read this: https://finance.yahoo.com/news/china-trading-apps-tank-pboc-095623204.html. Pay attention to this dude named Sun Tianqi, a senior People’s Bank of China official. Did a search and realised he was 'instrumental' in wrecking the Alibaba's Ant Group. Then he also used similar phrase such as: "illegal driving licence" . Looks like we have to be very very careful. Take care & good luck.

$UP Fintech(TIGR.US)$ is it true that 80% of TIGR clients are from mainland China? while it's about 55% for Futu.