Improved Infrastructure Narrows the Price Gap Between Urban Areas and NT

• Q2 residential transactions are expected to increase by 48% q-o-q to reach 14,900 cases, decline in prices has moderated
• Railway infrastructure and transportation continue to be robustly developed, anticipated to enhance and shorten travelling times, and is expected to bring up property prices in the New Territories, with growth potential to outperform urban prices
• We expect the 2H residential market to be driven by new homes, with full year transactions expecting to fall by 20-25% y-o-y, with a market price increase of no more than 3% by year-end

HONG KONG SAR – Media OutReach – 14 June 2022 – Global real estate services firm Cushman & Wakefield announced its Q2 2022 Hong Kong Residential Market Review and Outlook today. With the fifth wave of the pandemic gradually being brought under control, the city’s residential market has been gradually recovering since April, and the number of transactions is expected to reach 14,900 in Q2, an increase of 48% q-o-q, but a drop of 32% y-o-y. The year-to-date prices fell marginally and are expected to further stabilize. Some popular housing estates recorded slight quarterly growth, demonstrating signs of healthy end-user demand. In 2H 2022, the residential market will continue to be driven by primary sales, particularly for buyers looking for upgrading options. We expect property prices will rise by no more than 3% this year. In the long run, infrastructure projects will continue to improve connectivity in Hong Kong, thereby narrowing the price gap between the New Territories and urban areas. This will also accelerate urban renewal and benefit the city’s residential real estates.

Due to the pandemic and geopolitical tensions displayed earlier this year, residential transactions in Q1 were sluggish. However, as local COVID-19 infections began to drop sharply and social distancing measures were gradually eased, primary sales activities resumed with transactions picking up significantly in Q2. The number of sales and purchase agreements in the first two months of Q2 (10,099 deals) had already surpassed the total of 10,056 deals in Q1. Furthermore, the number of transactions in the primary market increased nearly six-fold m-o-m from 258 deals in April to 1,492 deals in May, while the secondary market transactions also performed well and reached 4,700 deals in May.

Keith Chan, Director, Head of Research, Hong Kong, Cushman and Wakefield commented: “During the heights of the fifth pandemic wave, primary sales and projects were delayed due to restrictions. From March to April, primary transactions’ share of the overall market reached just 6-7%, but later rose to 24% in May, reflecting recovery in overall sentiment driven by the rebound of primary sales. It is estimated that circa 4,800 transactions will be recorded in June, contributing to circa 14,900 transactions in Q2, a sharp increase of 48% q-o-q, but still down 32% y-o-y”

Despite the increase in transactions recorded, the overall residential prices are still down year-to-date. However, the discounted unit sales momentum will likely moderate, and therefore, the price decline will gradually slow. As per the latest government data, a price drop of about 2% was recorded from January to April.

Edgar Lai, Senior Director, Valuation and Advisory, Hong Kong, Cushman & Wakefield shared: “Although the overall property prices are still down, some popular housing estates have begun to rebound due to high demand. Relatively speaking, smaller lump sum units such as City One Shatin, rose by 1.1% q-o-q; while Taikoo Shing, representing the mid-price market, was flat; Meanwhile, luxurious residential, such as Residence Bel-Air, edged up by 0.7% q-o-q”

The completion of the MTR’s East Rail Line Cross-Harbour Extension marks its first continuous railway line project connecting New Territories, Kowloon and Hong Kong Island altogether. In addition, the cross-bay link tunnel connecting Tseung Kwan O and Lam Tin is expected to start operating in 2H this year, further connecting the future Route 6 highway to the East and West of Kowloon by 2026. Edgar Lai explained: “As the railway network and infrastructure become more accessible, the travel time is shortened, and the connectivity between the urban areas and the New Territories is further enhanced. It is expected that the price gap between the New Territories areas and the urban areas will be narrowed. For example, the opening of the MTR Tseung Kwan O Line has helped pushed the property prices in Tseung Kwan O noticeably, outperforming the other housing estates along the Kwun Tong line by a 10-20% premium.” At the same time, the pace of urban renewal has also been accelerated, thanks to the development of various infrastructure projects. For example, the URA recently announced large-scale redevelopment plans in the Kowloon City area and To Kwa Wan area.”

Mr Keith Chan concluded: “In the long run, the infrastructure improvements will benefit the local property market, but home buyers will inevitably face many challenges, such as rising interest rates driven by inflation, and the uncertain pace of economic recovery in the near-term. Nevertheless, after a relatively muted market for three consecutive quarters, end-users are expected to become more active, driven by buyers who are looking for their first homes or upgrading. Subsequently, it is expected that the transactions in 2H will be supported by strong primary sales, and will gradually extend to the secondary market. Nevertheless, due to the high base of transaction volume last year, we expect the number of residential transactions to drop by circa 20-25% y-o-y by year-end. The property prices will generally stabilize throughout the year, as we maintain a forecast of no more than a 3% increment in 2022.”

Please click here to download photos.

Photo Caption: (Left) Keith Chan, Director, Head of Research, Hong Kong, Cushman and Wakefield
(Right) Edgar Lai, Senior Director, Valuation and Advisory, Hong Kong, Cushman & Wakefield

About Cushman & Wakefield

Cushman & Wakefield (NYSE: CWK) is a leading global real estate services firm that delivers exceptional value for real estate occupiers and owners. Cushman & Wakefield is among the largest real estate services firms with approximately 50,000 employees in over 400 offices and 60 countries. Across Greater China, 22 offices are servicing the local market. The company won four of the top awards in the Euromoney Survey 2017, 2018 and 2020 in the categories of Overall, Agency Letting/Sales, Valuation and Research in China. In 2021, the firm had revenue of $9.4 billion across core services of property, facilities and project management, leasing, capital markets, valuation and other services. To learn more, visit www.cushmanwakefield.com.hk or follow us on LinkedIn ( https://www.linkedin.com/company/cushman-&-wakefield-greater-china).

#Cushman&Wakefield

VICTORIA, SEYCHELLES – Media OutReach – 14 June 2022 – Bybit, one of the fastest growing crypto exchanges in the world, launched today its first-ever Bear Market Guide, an educative resource to help investors navigate through the volatile times that cryptocurrencies and equity markets are facing, overcoming the turbulence by researching and potentially taking advantage of possibilities to stay ahead of the bear market.

Featuring a contemporary design that draws inspiration from popular culture, the guide shares a pool of resources that can help investors put the bear market situation into perspective. Conceptualized and written by an in-house team of experts and researchers, it analyzes current trends and identifies similarities and differences with previous bear markets to help users determine strategies and opportunities to level up during the current market conditions.

What to Do in a Crypto Bear Market?

Bybit’s Bear Market Guide aims to address questions that traders might have, from tips/tricks for newbies to offering a macro analysis of the bear market and reviewing key takeaways of previous bear market experiences.

As investors ponder their next move, Bybit’s Bear Market Guide shares valuable insights on the importance of trading with more discipline and strategies that can help manage their overall risk and portfolio. It covers the importance of diversifying and finding products that feature safe, predictable yield payments periodically. Cryptocurrencies are still advancing at great speed, despite market downturns, so a solid trading strategy and patience are fundamental during this passage.

Earn While the Market Is Trending Downward

During a bear run in crypto, reliable yield-generating products may allow users to boost long-term portfolio value and help reduce the tendency to fixate on fluctuating prices. To that effect, Bybit’s Bear Market Guide will provide insights to users as to how best leverage the power of yield products to weather the bear market.

Ben Zhou, co-founder and CEO of Bybit said, “As some investors may think that one can only make profits in a bull market while losses await in the bear market, we are unveiling Bybit’s Bear Market Guide to provide a resource that shows investors how to read opportunities and develop proper strategies. The main takeaway of this initiative is to provide tools and ideas to investors so they do not need to fear the bear market.”

For the full version of the Bear Market Guide and its key takeaways, traders can visit the Bybit Learn section on Bybit at the following link: https://d.adx.io/go/hC2uUDjx

About Bybit

Bybit is a cryptocurrency exchange established in March 2018 that offers a professional platform where crypto traders can find an ultra-fast matching engine, excellent customer service and multilingual community support. Bybit is a proud partner of Formula One racing team, Oracle Red Bull Racing, esports teams NAVI, Astralis, Alliance, Virtus.pro, Made in Brazil (MIBR) and Oracle Red Bull Racing Esports, and association football (soccer) teams Borussia Dortmund and Avispa Fukuoka.

For more information please visit: https://www.bybit.com/

For updates, please follow Bybit’s social media platforms on

https://discord.com/invite/bybit
https://www.facebook.com/Bybit
https://www.instagram.com/bybit_official/
https://www.linkedin.com/company/bybitexchange/
https://www.reddit.com/r/Bybit/
https://t.me/BybitEnglish
https://www.tiktok.com/@bybit_official
https://twitter.com/Bybit_Official
https://www.youtube.com/c/Bybit

#Bybit

This membership underlines Traveloka’s commitment in realizing sustainable tourism

SINGAPORE – Media OutReach – 14 June 2022 – Traveloka, Southeast Asia’s lifestyle superapp, today announced that it officially joins the Global Sustainable Tourism Council’s (GSTC) global network as a member. This membership is a part of Traveloka’s strategic effort in preserving the environment, which underlines the company’s commitment in realizing sustainable tourism, by participating in and contributing to the efforts to advance sustainability in various sectors of the global travel and tourism industry.

Traveloka started its humble beginnings as a one-stop travel tech solution platform catering to the needs of Indonesians, and has since evolved to be Southeast Asia’s lifestyle superapp, bringing its services to six other markets in the region. This includes transport booking services such as flight tickets, buses, trains, car rental, and airport transfer, as well as access to a large accommodation inventory across the region, not limited to hotels, apartments, guest houses, homestays, resorts and villas, making Traveloka an all-encompassing platform with the widest selection of accommodation and packages.

With a strong local customer base in Southeast Asia, the Traveloka superapp has been downloaded more than 100 million times and boasts more than 40 million monthly active users as of January 2022. As a technology company with a strong presence in the tourism sector, Traveloka realizes the importance in educating stakeholders in the industry, including its partners and users, on the significance of environmental sustainability and social responsibility. One of its most recent initiatives includes lending assistance to the Indonesian government’s plans to develop domestic tourism sustainably by planting 40,000 seedlings along the shoreline of Buleleng Regency, North Bali.

As a member of the GSTC, Traveloka plans to support the GSTC mission to promote sustainable tourism standards in the hospitality sector in Southeast Asia.

“With borders reopened and restrictions eased, tourism will resume its role as a key economic driver after a hiatus for two years. The traveler of 2022 will be much more refined, caring more about sustainability, local communities, people and brands that align with their own personal principles; and it is important that businesses prioritize sustainable tourism with the commitment to preserve nature and utilize natural resources responsibly,” said Alfan Hendro, Chief Operating Officer at Traveloka. “Traveloka will continue to play a strategic role in supporting the environmental agenda anywhere we operate. We believe our partnership with GSTC will enable us to promote sustainable tourism principles and practices effectively across the hospitality industry in southeast Asia and beyond.”

GSTC Welcomes Traveloka

“As travel within Asia is rebounding, both businesses and governments push for greater adoption of the GSTC criteria by hotels and other types of accommodations,” says Roi Ariel, General Manager of GSTC. “We welcome Traveloka to utilize the GSTC framework, which can bring about a positive impact in the region.”

“GSTC is very pleased to welcome Traveloka into our network of businesses and policy-makers striving to make sustainability an integral part of the tourism industry,” says Randy Durband, Chief Executive Officer of GSTC. “We applaud their plans to seek more and better ways to inform travelers of sustainable product options.”

About Traveloka

Traveloka, Southeast Asia’s lifestyle superapp, provides users access to discover and purchase a wide range of travel, local services, and financial services products. Traveloka’s comprehensive product portfolio includes transport booking services such as flight tickets, buses, trains, car rental, airport transfer, as well as access to the largest accommodation inventory in Southeast Asia, including hotels, apartments, guest houses, homestays, resorts, and villas, making Traveloka a booking platform with the widest selection of accommodation and packages.

Traveloka is also a key player in the local services category (currently specific to certain markets), offering reservations for a wide range of local attractions, activities, wellness and beauty clinics, culinary directories as well as food delivery. Traveloka also offers financing, payment, and insurance products to help Southeast Asian consumers fulfill their lifestyle aspirations. Traveloka provides 24/7 customer service in local languages as well as more than 40 different local payment methods. Traveloka lifestyle superapp has been downloaded more than 100 million times, making it the most popular travel and lifestyle booking application in the Southeast Asian region.

#Traveloka

About the GSTC

The Global Sustainable Tourism Council® (GSTC®) establishes and manages global sustainable standards, known as the GSTC Criteria. There are two sets: Destination Criteria for public policy-makers and destination managers, and Industry Criteria for hotels and tour operators. They are arranged in four pillars: (A) Sustainable management; (B) Socioeconomic impacts; (C) Cultural impacts; and (D) Environmental impacts (including consumption of resources, reducing pollution, and conserving biodiversity and landscapes). Since tourism destinations each have their own culture, environment, customs, and laws, the Criteria are designed to be adapted to local conditions and supplemented by additional criteria for the specific location and activity.

The GSTC Criteria form the foundation for GSTC’s assurance role for Certification Bodies that certify hotels/accommodations, tour operators, and destinations as having sustainable policies and practices in place. GSTC does not directly certify any products or services, but provides accreditation to those that do. The GSTC is an independent and neutral USA-registered 501(c)3 non-profit organization that represents a diverse and global membership, including national and provincial governments, leading travel companies, hotels, tour operators, NGOs, individuals and communities – all striving to achieve best practices in sustainable tourism.

Information for media and the press: https://www.gstcouncil.org/about/for-the-press/

BotBonnie takes lead to support Meta’s Recurring Notifications feature, helping brands better engage with Facebook community

TAIPEI, TAIWAN – Media OutReach – 14 June 2022 – Appier, together with BMW Taiwan (Pan German Motors) and Bremen Digital Creative, today announced the joint efforts of raising BMW’s brand awareness and further foster its customer loyalty following the 2022 Lunar New Year (CNY) campaign. By implementing Appier’s BotBonnie conversational marketing solution, BMW Taiwan was able to better utilize Meta’s Recurring Notifications feature and successfully connect with its community on Facebook to achieve 4 times more engagements than it did in previous years with a 78% opt-in rate and 99% read rate.

As a leader in the increasingly competitive automotive industry, one of BMW’s key marketing objectives is to gain exposure on social media and trend with today’s digital-first consumers. With this in mind, BMW Taiwan emphasizes engaging both potential buyers and existing BMW car enthusiasts on social media channels. With more than 600 thousand Facebook followers, BMW Taiwan reached out to more potential BMW enthusiasts and further fostered their loyalty, thus converting them into buyers.

Breaking Communication Barriers with Meta’s Recurring Notifications and BotBonnie’s Marketing Solution

Per Facebook Messenger’s policy, fan pages are only allowed to send messages containing promotional content when responding to users who have messaged in the last 24 hours. With the Recurring Notifications that Meta is testing out as a new feature, businesses can send messages to users who agree to receive multiple promotional messages. Appier’s BotBonnie was selected as one of the beta testers for this feature in Taiwan and was able to leverage this feature to help BMW Taiwan better engage with its users on Facebook and Messenger.

Bremen Digital Creative conceived the campaign around a cherished Lunar New Year tradition where the first person to burn incense in the temple after midnight is blessed with good luck. Moreover, by leveraging BotBonnie’s comment auto reply feature, BMW Taiwan was able to immediately respond to users and create a longer duration of engagement with each of them.

“With the directions pre-discussed with BMW Taiwan, we designed the social campaign for the Lunar New Year holiday, hoping to increase the number of engagements that BMW Taiwan could have for Facebook campaigns. With BotBonnie’s expertise in conversational marketing, we not only hit the target but also greatly exceeded expectations in several key results,” said Brian Chen, Account Manager at Bremen Digital Creative.

With BotBonnie’s exclusive access to the new Recurring Notification feature as a beta tester, BMW Taiwan successfully led users to subscribe to the Recurring Notification, solving the 24-hour window policy restriction and allowing the brand to reach more engagements with the end users. BotBonnie helped BMW Taiwan not only successfully achieve 4X more engagements than during the same period (CNY holiday) in previous years, but also optimize the message read rate to 99%, approximately 10% higher than any other previous marketing campaigns.

Providing Timely Support and Creating Longer Engagement through Customer Journey

“During the whole campaign process, Appier’s BotBonnie solution provided our users with 24/7 support. With the conversational marketing solution, we could respond to users immediately and create longer and more engaging journeys. As the next step, with the digitalization trend of marketing, we look forward to further integrating BMW Taiwan’s data across different channels and, moreover, to accomplish multi-marketing objectives,” said Li Chiang, Digital Marketing Specialist at BMW Taiwan.

“With the Lunar New Year campaign, BMW Taiwan saw a tenfold improvement in customer participation over previous online campaigns, and we can attribute that success to Recurring Notifications, powered by Appier’s conversational marketing solution BotBonnie, Meta’s authorized partner,” says Samuel Chiang, Assistant Manager of Customer Success at Appier. As the campaign continued, the teams noticed an uptick in fan engagement, with increasing numbers of customers wanting to learn more about the BMW brand. “Importantly, in order to broaden the community of BMW fans and potential customers, we implemented Recurring Notifications which helped the company gain 1,500 subscriptions and 2,500+ participants in three days,” said Li Chiang, Digital Marketing Specialist at BMW Taiwan.

About BMW Taiwan (Pan German Motors)

BMW is one of the world’s leading manufacturers of premium automobiles and motorcycles. As a classic automotive brand which provides sheer driving pleasure, BMW maintains a passion and commitment for creating vehicles that are innovative and environmentally-friendly, cementing its place as an industry leader. Pan German Motors, the importer and dealer of BMW in Taiwan, was established in 1972 and has since built a strong network of dealerships and community of loyal customers through its various marketing efforts. Visit www.bmw.com.tw for more information.

About Bremen Digital Creative
Bremen Digital Creative is a creative agency with more than 100 Taiwan/International Creative Awards for the past 16 years. We help brands become closer to consumers with social as the core and improve marketing effectiveness through Martech. For fully connected brands, we believe the opportunity for business growth comes from Data-Driven Solution in terms of Social, Creative, Technology and Media. Visit www.bremen.com.tw for more information.

About Appier
Appier (TSE: 4180) is a software-as-a-service (SaaS) company that uses artificial intelligence (AI) to power business decision-making. Founded in 2012 with a vision of democratizing AI, Appier now has 17 offices across APAC, Europe and the U.S., and is listed on the Tokyo Stock Exchange. Visit www.appier.com for more company information.

#Appier

The second chapter of Melco Style Presents: 2022 The Black Pearl
Diamond Restaurants Gastronomic Series to be held on July 22-23

MACAU SAR – Media OutReach – 14 June 2022 – Melco Style Presents: 2022 The Black Pearl Diamond Restaurants Gastronomic Series is set to roll out its second banquet featuring the crossover collaboration between the Michelin one star Pearl Dragon at Studio City Macau and the Black Pearl one diamond Xizhou Hall at Park Hyatt Suzhou on July 22-23, riding on the mega debut that will bring to Macau its first-ever six-diamond feast. Tickets for the July four-hands dinner are now on sale with the second evening dinner having already been sold out.

Priced at MOP 1,945* for Melco Style WeChat members and MOP 2,288* for non-members, “A Pearly Feast” is marked by a sumptuous 10-course tailor-made menu that will embrace the best of Cantonese and Jiangnan flavors for two nights only at Pearl Dragon in Macau. Executive Chef Otto Wong of Pearl Dragon and Executive Sous Chef Calvin Yu of Xizhou Hall are committed to impressing guests with some of their most sought-after signature dishes as well as newly-created off menu delicacies.

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Hokkaido Sea Urchin and Japanese Eggplant with Welcome Tea
by Pearl Dragon

Chilled French Blue Lobster in Sake with Cherry Tomatoes in Plum Wine
by Pearl Dragon

Double-boiled Free Range Chicken Soup with Water Shield and Bamboo Pith
by Xizhou Hall

Double-boiled Pork Meatball with Matsuba Crab Meat and Yellow Croaker
by Xizhou Hall

Braised Deer Sinew with Australia Abalone, Giant Grouper Skin and Rock Rice in Superior Sauce
By Pearl Dragon

Chilled Passion Fruit Jelly
by Pearl Dragon

Braised Beef Rib with Matsutake in Wagyu Beef Sauce
by Xizhou Hall

Poached Vegetable Sprouts and Fish Maw in Tomato Soup
by Pearl Dragon

Fried Rice with Premium Seafood, Vegetables and Shrimp Paste
by Xizhou Hall

Chilled Milk Pudding with Snow Swallow in Organic Pumpkin
by Pearl Dragon

Petit Fours
by Pearl Dragon

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Melco Style Presents: 2022 The Black Pearl Diamond Restaurants Gastronomic Series is organized by Melco Resorts & Entertainment in partnership with the 2022 Black Pearl diamond restaurants and is supported by the Macao Government Tourism Office. The inaugural dinner will take place on June 24-25 with Macau’s unprecedented six-diamond feast featuring Jade Dragon at City of Dreams and Jin Sha at Four Seasons Hotel Hangzhou at West Lake. The Gastronomic Series will continue to run throughout 2023 showcasing a total of 10 four-hands dinners which will cover a wide variety of cuisines between Melco’s signature restaurants across City of Dreams, Studio City and Altira Macau and the 2022 Black Pearl diamond restaurants. These extraordinary collaborations will offer gourmands the opportunity to discover and savor the regional specialties from all over China, while helping to promote some of the greatest restaurants of Macau in the Greater China market. While preserving Macau’s diversity in food culture through “Inheritance, Innovation, and Exchange”, Melco is dedicated to promoting Macau as a Creative City of Gastronomy both locally and beyond.

Prior reservation of 72 hours is recommended, and full payment is required upon reservation. Please call (853) 8865 6560 or visit the official event page (www.studiocity-macau.com/en/promotions/a-pearly-feast) to secure your seats in the July 22-23 Pearl Dragon x Xizhou Hall four-hands dinners. Details of the Melco Style WeChat membership can be found at www.studiocity-macau.com/en/melcostyle.

• The 8.0 App focuses on providing investors with access to research and building an inclusive community of like-minded traders
• Milestone also sees Tiger Brokers’ customer base grow to more than 1.9 million and annual trading volume of more than US$404 billion

SINGAPORE – Media OutReach – 14 June 2022 – Online trading platform Tiger Brokers, (Singapore) today announced the launch of the Tiger Brokers 8.0 mobile application (“8.0 App”), as part of its 8^th anniversary celebrations, and continued focus in providing retail investors with greater access to insights and financial literacy education, as well as fostering an inclusive ecosystem of like-minded traders to share knowledge.

The 8.0 App, which goes live on 1 July, will provide users, who seek to deepen their knowledge and broaden their investment opportunities, with access to market experts through live streaming sessions and knowledge hubs, such as Tiger Live. These features build on Tiger Brokers continued commitment to investor education and financial literacy among its user base. This is especially important at a time when market uncertainties and concerns of rising inflation and ongoing geopolitical tensions mean investors will have to be nimbler and better-informed in their decision-making.

Tiger Brokers customer base reaches 1.9 million

The launch of the 8.0 App is a significant milestone for Tiger Brokers, which has seen its customer base grow to over 1.9 million customers worldwide as of December 2021. Tiger Brokers has an annual trading volume of more than US$404.3 billion as of December 2021.

The 8.0 App builds upon Tiger Brokers’ advantages of low fees, having access to one of the largest pools of financial and investment products across global exchanges, and its ease in allowing users to trade. The 8.0 App seeks to create an inclusive, community driven platform which is continually evolved through inputs by members of the Tiger Brokers community. The Tiger Brokers community has grown rapidly over recent years, reaching 2.5 million users in May 2022, compared to 1.8 million just a year ago.

The 8.0 App will feature further opportunities to tailor user experience

The 8.0 App will be unique in offering users options to further personalize their Tiger Brokers experience. Key features such as the homepage and stock detail pages can now be tailored to user preference, enabling users to focus more deeply on the investments which matter to them. Improved user interface (UI) and user experience (UX) designs will further streamline the platform, facilitate ease of use and improve accessibility to frequently used features. For the more seasoned traders, profit and loss analysis capabilities will improve transparency, even for more complex trades.

As part of the 8^th Anniversary campaign, Tiger Brokers will partake in a series of engagements including an exclusive interview on Nasdaq TradeTalks, which will highlight the company’s views on topical issues currently impacting decision-making in investments.

Leadership in innovation will continue to drive growth

The last eight years have seen a number of key milestones reached for Tiger Brokers. The launch of the Tiger Trade App in February 2020, the inclusion of Australian securities on the platform in December 2020 as well as Tiger Brokers (Singapore) approval from the Singapore Stock Exchange as a Depository Agent, Clearing and Trading Member for Investor Trades in November 2021, are among the most notable.

Since 2014, Tiger Brokers has also received multiple awards recognising its leadership in innovation. Most recently, in 2022, it was awarded the “Financial Services award for Wise’s integration” by the Singapore Business Review Technology Excellence Awards. In 2021, the company also achieved the Singapore Business Review Technology Excellence Awards for the Mobile – Brokerage segment and it was awarded “Best Subcustodian Mandate, Broker-dealer” at The Asset Triple A Sustainable Investing Awards 2021.

The company’s continued leadership in innovation has been strengthened by key strategic partnerships which have allowed Tiger Brokers to remain at the cutting edge of technological advancements which improve experience and reduce costs for users. Most recently, in partnership with Wise, the global technology leader in money movement, Tiger Broker users are now able to transfer funds from overseas to Singapore dollar in real-time and execute trades on the Tiger trade app within minutes, improving efficiency and lowering costs.

Eng Thiam Choon, CEO of Tiger Brokers (Singapore) commented, “Over the past eight years, we have used next-generation technology to offer investors low cost and unrivalled access to a fast-growing suite of investments products, across a wide range of securities and funds. At the same time, we have extended our offering to cover multiple global markets and currencies and have also rapidly expanded our range of ESG products on offer. To mark our eighth year since founding, we are pleased to announce the launch our 8.0 App which builds on our existing platform, to provide investors with greater access to a broader range of education and community tools and features. We remain committed to promoting financial literacy and investor education as key pillars of our business and believe this to be especially important against today’s backdrop of volatile and uncertain financial markets. Fostering the creation of larger and stronger communities within our user base is also core to our values and we believe that the advanced features of the 8.0 App will facilitate the development of a thriving ecosystem of investors. Through the 8.0 App, users will be able to easily share and exchange trading ideas and insights, as well as news and research materials. We strongly envisage this being the key to better equipping our community with investment tools necessary to make better informed investment decisions.”

The Tiger Trade mobile application is available for download on the Apple App Store and Google Play Store.

This advertisement has not been reviewed by the Monetary Authority of Singapore.

Any views shared with Prospective Clients (“Prospects”) are suggestive in nature and on a sample basis only. This may also be predicated on assumptions that are made by Tiger Brokers (Singapore) Pte Ltd about the Prospects’ investment objectives and risk profile. Our suggestive and sample views extended to Prospects are not to be considered as recommendations made by the Company. Suggestions provided are also based on information that may be shared by the Prospects, the accuracy and comprehensiveness of which Tiger Brokers in not in a position to verify.

About Tiger Brokers (Singapore)

Tiger Brokers (Singapore) Pte Ltd (“Tiger Brokers (Singapore)”) is a brokerage firm operating with a Capital Markets Services (CMS) Licence from the Monetary Authority of Singapore (MAS). Its trading platform, Tiger Trade, offers complimentary real-time stock quotes, dedicated multilingual customer service during trading hours and 24/7 finance news updates. The company launched the mobile version of Tiger Trade in February 2020 – accessible on Google Play Store and the Apple App Store – offering mobile-savvy generation of retail investors similar trading opportunities as their online users, such as Equities, Exchange-Traded Funds (ETFs), Futures, Stock Options, Warrants, and Callable Bull/Bear Contracts (CBBCs) on their mobile phones. Both online and mobile app allow users to invest across multiple asset classes traded on the Australian, US, Hong Kong, China and Singapore stock markets such as the New York Stock Exchange (NYSE), NASDAQ, Shanghai/Shenzhen-Hong Kong Stock Connect, the Hong Kong Stock Exchange (HKEX), the Singapore Exchange (SGX) and the Australian Securities Exchange (ASX).

Tiger Brokers (Singapore) is the Singapore entity of UP Fintech Holding Limited, known as “Tiger Brokers” in Asia, a leading online brokerage firm focusing on global investors. Founded in 2014, Tiger Brokers (Singapore) became #1 in the U.S. equity trading by volume among trading platforms catered to Global Chinese investors in less than two years. Tiger Brokers (Singapore) was awarded “2017 Fintech 250” by CB Insights and shortlisted for “China Leading Fintech 50” for two years in a row by KPMG China. The company was listed on NASDAQ under “TIGR” in 2019 and has offices in China, United States, Australia, New Zealand and Singapore. Tiger Brokers (Singapore) has over 1.8 million customers worldwide, with an annual trading volume of more than US$404.3billion as of December 2021. The company is backed by well-known investors such as Xiaomi, as well as investment guru Jim Rogers. For more information, please visit https://www.tigerbrokers.com.sg.

#TigerBrokers

The issuer is solely responsible for the content of this announcement.