UP Fintech Holding Limited (NasdaqGS:TIGR) agreed to acquire the remaining 70% stake in Ocean Joy Securities Limited on October 26, 2021. UP Fintech Holding Limited has received approval from the Hong Kong Securities and Futures Commission to complete the acquisition of Ocean Joy Securities Limited. UP Fintech Holding expects to complete the acquisition and, upon completion, expects to start to operate its brokerage business in Hong Kong.

UP Fintech Holding Limited (NasdaqGS:TIGR) completed the acquisition of the remaining 70% stake in Ocean Joy Securities Limited for HKD 8.4 million on October 26, 2021. Following the completion of the transaction, UP Fintech now holds100% stake in Ocean Joy, and Ocean Joy became a wholly owned subsidiary of UP Fintech.