UP Fintech Holding Limited (Nasdaq: TIGR), also known as Tiger Brokers, reported unaudited second-quarter revenue of US$182.3 million, an all-time high that rose 31.4% year-over-year and 17.7% quarter-over-quarter. Non-GAAP net income attributable to UP Fintech shareholders reached US$42.8 million, up 20% QoQ, excluding the impact of the first-quarter penalty. The company added 32,600 funded clients, taking funded accounts to 1.3 million, up 10.3% YoY. Net asset inflows from global retail clients exceeded US$1.5 billion, lifting total client assets 16.7% YoY to US$60.7 billion. Founder and CEO Mr. Wu Tianhua said client assets grew sequentially across all global markets, including nearly 30% QoQ in Hong Kong, more than 30% in Australia and New Zealand, and nearly 50% in the US. Singapore trading volume and orders reached records, Hong Kong active trading accounts rose 132% YoY, and US, Australian and New Zealand operations also posted strong growth. Revenue was supported by commission income of US$78.3 million and interest-related income of US$83 million. Quarterly Hong Kong IPO subscriptions reached a record HK$968.8 billion, up 577% YoY and 78% QoQ. The company expanded ETF coverage, Singapore account-linking and fractional trading, derivatives products, TigerAI analysis, wealth management, asset-management services and corporate offerings. It underwrote 14 Hong Kong IPOs, participated in four US IPO distributions, completed two US SPAC IPOs, and added 50 ESOP clients in the quarter.