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Gen Z investors opt for global stocks


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Gen Z investors opt for global stocks

Where do bright young Gen Z financial investors put their money?

Online brokerage firm, Tiger Brokers, which has been operating in New Zealand since 2015, has analysed its 100,000+ Gen Z investors around the world and found their portfolios are made up of approximately:

• 45% long-term stocks such as Apple, Boeing, and Carnival

• 10% high volatility stocks, such as Afterpay, Kodak, and Vaccinex

“Gen Z investors tend to create a globally diverse investment portfolio,†says Tiger Brokers New Zealand CEO Vincent Cheung, who heads a team of 45 people in Auckland.

Tiger Broker’s mobile and online trading platform, Tiger Trade, enables investors to trade in equities on multiple exchanges around the world all in one integrated account.

Mr Cheung says Tiger Brokers research into its Gen Z investors – which represent 15% of the company’s 740,000+ customers worldwide – show they are balanced in their investment choices.

Mr Cheung said Gen Z investors love to use multiple technical tools on the Tiger Brokers’ app, Tiger Trade, to help with decision-making. The Tiger Trade app offers real time stock quotes, multilingual customer service and 24/7 finance news updates.

Victor Zhu, who is studying finance at the University of Auckland, is one of hundreds of New Zealand Gen Z users of the Tiger Trade app.

Mr Zhu was attracted to engage and invest in the stock market by a competition hosted by Tiger Brokers. “In that competition I was able to apply the knowledge I learned from my course into the real market. It also allowed me to learn trading strategies from other competitors and discuss the daily political issues and economic impact on society. It gave me the confidence to start trading and learn about wealth management through the stock market.â€

Mr Cheung said the average fund deposited in a Gen Z Tiger Brokers trading account was US$3,435.

The top 10 shares loved by Tiger Brokers Gen Z investors are:

 

Ranking/Code/Company/Industry

1/NIO/Nio/Electric vehicles

2/BILI/Bilibili/Video sharing website

3/BA/Boeing/Aerospace

4/AAPL/Apple/Technology

5/GSX/GSX Techedu/Tech-driven education

6/CCL/Carnival Corporation/Leisure travel

7/AMD/Advanced Micro Devices/Semiconductors

8/PDD/Pinduoduo/E-commerce

9/JD/JD.com/Retail

10/AAL/American Airlines/Air travel

 

 

About Tiger Brokers Group

Founded in June 2014, Up Fintech Holdings Limited, NASDAQ listed company (TIGR), is an online brokerage firm known as Tiger Brokers in Asia. The company is committed to providing quality trading service to stock investors and being a gateway to build their global portfolios. In 2017, the company was awarded "2017 Fintech 250" by CB Insights and shortlisted for "China Leading Fintech 50" for two years in a row by KPMG China.

Tiger Brokers (NZ) Limited (TBNZ) is an Australian Financial Services Licensee (AFSL No 505213) and a registered Financial Service Provider (FSP473106). TBNZ' feature-rich online trading app is designed for self-directed investors to access the thriving stock markets of US, China and Hong Kong and Australia, to build global investment portfolios.

Disclaimer

None of the information contained in this news release constitutes an offer (or solicitation of an offer) to buy or sell any currency, product or financial instrument, to make any investment, or to participate in any particular trading strategy. The information is not intended to be and does not constitute financial advice, investment advice, trading advice or any other advice or recommendation of any sort offered or endorsed by Tiger Brokers (NZ) Limited. Tiger Brokers also does not warrant that such information is accurate, up to date or applicable to the circumstances of any particular case. Any expression of opinion (which may be subject to change without notice) is personal to the author and the author makes no guarantee of any sort regarding accuracy or completeness of any information or analysis supplied. The authors and Tiger Brokers are not responsible for any loss arising from any investment based on any perceived recommendation, forecast or any other information contained here. The contents of this news release should not be construed as an express or implied promise, guarantee or implication by Tiger Brokers that clients will profit or that losses in connection therewith can or will be limited, from reliance on any information set out here.

 

 

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