With its unique positioning and talent resources advantages, Tiger Securities can provide more differentiated and localized services than traditional investment banks, helping new economic companies and investors to connect with global capital markets.
After investing in the acquisition of American veteran broker Marsco in July this year, Tiger Securities has once again taken a firm step in the internationalization of the market, successfully harvesting the US investment banking license issued by FINRA (United States Financial Industry Regulatory Authority) .
The approval of the US investment banking license will help Tiger Securities further strengthen its business coverage for US institutional investors, which means that Tiger Securities’ official business is officially entering the fast lane. On the other hand, with its unique positioning and talent resources advantages, Tiger Securities can provide more differentiated and localized services than traditional investment banks, helping new economic companies and investors to connect with global capital markets.
Tiger investment bank has won 12 single US IPO underwriting this year
The reference to “investment banking” is believed to be synonymous with “high on the” in the minds of many friends. For a long time, investment banks such as Goldman Sachs, Morgan Stanley, and Zhongjin have been attracting a lot of attention in the capital market.
For the emerging investment bank Tiger Securities, although from the historical perspective, compared with the world’s top big banks, it is still a “small word generation.” However, under the new situation, adhering to the “small step fast running” concept and the latecomer advantage of the Internet gene, the Tiger Investment Bank has in recent years opened up a vast world in the new field of US stocks.
My friends who love to play US stocks know that unlike Hong Kong stocks, the US IPO share is usually only allocated to institutional investors, while the Hong Kong stock IPO has a special retail share to sell to small and medium investors.
In order to allow more retail players to enjoy the new benefits of US stocks, from the launch of Sogou in 2017, Tiger Investment Bank has created a new business for the US stocks mainly for individual investors, and has provided investors with investors so far. More than 30 US stocks to play new services, including Iqiyi, Tiger, Fighting, 哔哩哔哩, 360 Finance, Tencent Music, Zoom and other popular companies, the number of projects, the share of the allocation Both are ahead of other Internet brokers.
In 2019, Tiger Securities has seized 12 US IPO projects as an underwriter, including the successful listing of NetEase, Wanda Sports, Ruhan Holdings, Shangcheng International, and Medical International.
US investment banking licenses are full of gold
In fact, as of now, most Chinese and Hong Kong-based securities firms do not hold US investment banking licenses. According to the requirements of US regulators, brokers without US investment banking licenses cannot sell IPO shares to US domestic investors and can only sell to investors outside the US.
Objectively, most of the world’s top investment institutions are located in the United States, such as Boston’s Fidelity Fund, which manages $3 trillion in assets.It is the preferred investor for a large number of IPO issuers.
Therefore, as an investment bank, if you can’t sell to long-term US investors like Fidelity, it means you will lose a lot of market share.
With the investment of the US investment bank license, Tiger Investment Bank will be able to directly connect to the US long-term and hedge funds. The significance is mainly reflected in two aspects. First, through the communication with the top US institutional investors, the buyer’s organization can issue Views on people’s fundamentals, industry competition, and future market trends help issuers choose the best distribution window and pricing. Secondly, it is convenient for Tiger Investment Bank to obtain more IPO underwriting projects and shares, and provide users with more new standards.
From the perspective of securities licenses, after successfully obtaining the US investment bank license, as of October this year, Tiger Securities has obtained 21 securities licenses or qualifications in the United States, Singapore, New Zealand, Australia, Hong Kong and other countries and regions. .
(Figure: Tiger Securities Licence and Qualification Information)
In the United States, Tiger Securities currently holds a total of 15 licenses including brokerage licenses, investment banking licenses, registered investment advisory licenses, self-clearing licenses and futures licenses, and has successfully built private equity financing, issuance underwriting, securities trading, The closed-loop business of wealth management to liquidation has become a full-licensing broker.
Resources and talents help Tiger’s business development
“Getting a US investment banking license is only the beginning. The most important thing is how to use this license in the future. We are confident to use it well. The core lies in the unique resources and talent advantages of Tiger Securities.” Tiger Securities USA People said.
The above-mentioned person in charge of Tiger Securities said that in recent years, Tiger Investment Bank has accumulated a reputation in the industry of new economic companies with its high-quality services, and To B business has developed rapidly. For a listed company, Tiger Securities can provide one-stop services including pre-marketing project consulting, trust building, ESOP (employee option management) and IPO underwriting, brand promotion, and investor relations maintenance during the listing process.
“Currently, Tiger Investment Bank has become the closest Chinese investment bank to the new economy. Only this year, we have participated in the underwriting of 12 US IPO companies. This is the best example. Because we are the closest to the listed company, we also ourselves After experiencing the hardship of listing, it is easier for us to understand the needs of the issuer. This is our resource advantage. With this resource advantage, such asHow to set up a bridge between listed companies and US institutional investors has become a top priority, which is to talk about the talent advantage of Tiger Investment Bank.
Recently, Tiger Securities announced that it has appointed Dajiang as a partner of Tiger Securities, responsible for the construction and expansion of Tiger Securities’ US institutional business.
From the past professional resume, Dajiang has long held management positions in top investment banks, responsible for group strategic planning and overseas investment banking. He has served as managing director of CITIC Securities and CEO of CITIC Securities International America. Prior to this, Guojiang had held management positions in Zhongjin and Citigroup.
In the investment banking circle, Dajiang is known for being good at “entrepreneurship” and has participated in the creation of CICC USA, CITIC Securities USA Branch, etc.
Oversized rivers admit that Tiger Financial’s financial technology genes are an important reason to attract them. At the moment, financial technology has become an industry trend, including the major investment banks in Wall Street in the United States have focused on innovation in the field of financial technology. In this regard, Tiger Securities is undoubtedly at the forefront of the industry.
In fact, in addition to the big river, several of the heads of the Tiger Investment Banking business are from top investment banks. Tiger US CEO has worked for Morgan Stanley and CICC, Group CFO from Goldman Sachs, Group CCO (Chief Compliance Officer) from Haitong International. Therefore, the Tiger Investment Bank team has extensive experience in stock underwriting and institutional business.
Looking ahead, the investment bank license of the United States will vigorously promote the To B business of Tiger Securities, which will make a good linkage with Tiger Securities’ existing To C business and synergistically enhance the future revenue and profits of Tiger Securities.