Sixth Anniversary: The Initial Formation of a Full-Service Internet Brokerage Firm

On June 12th Beijing time, Burning Rock Medical was listed on NASDAQ. As a leader in the field of tumor genetic testing, this company has attracted much attention since the news of its listing was announced. Investor enthusiasm was reflected in the secondary market, with the company's stock opening at $22.8, up 38% from the IPO price of $16.5, and then rising rapidly, reaching a high of $26.37 during the session. It closed up 49.27% at $24.63, with a market capitalization exceeding $2.5 billion. It is reported that Tiger Securities acted as the underwriter for Burning Rock Medical, successfully helping it secure orders exceeding $360 million. Among these, the retail side saw over ten thousand subscribers with a subscription amount of $223 million, once again setting a new record for retail subscription of a U.S. IPO on the Tiger Securities platform, demonstrating Tiger Securities' unique value as an emerging technology investment bank and its strong business synergy capabilities.

"As entrepreneurs ourselves, we can better approach and understand Chinese startups, empathize with the pain points they face during listing, and provide them with customized services. In addition, our experienced U.S. investment banking team, with its deep understanding of the U.S. market environment and industry, can provide more targeted professional advice for these companies in areas such as finance and valuation. Being a listener and long-term strategic partner for Chinese concept companies, accompanying them as they grow, is what Tiger wants to do," said a relevant person in charge of Tiger Securities' investment banking department. On June 12th Beijing time, Burning Rock Medical was listed on NASDAQ. As a leader in the field of tumor genetic testing, this company has attracted much attention since the news of its listing was announced. Investor enthusiasm was reflected in the secondary market, with the company's stock opening at $22.8, up 38% from the IPO price of $16.5, and then rising rapidly, reaching a high of $26.37 during the session. It closed up 49.27% at $24.63, with a market capitalization exceeding $2.5 billion. It is reported that Tiger Securities acted as the underwriter for Burning Rock Medical, successfully helping it secure orders exceeding $360 million. Among these, the retail side saw over ten thousand subscribers with a subscription amount of $223 million, once again setting a new record for retail subscription of a U.S. IPO on the Tiger Securities platform, demonstrating Tiger Securities' unique value as an emerging technology investment bank and its strong business synergy capabilities. "As entrepreneurs ourselves, we can better approach and understand Chinese startups, empathize with the pain points they face during listing, and provide them with customized services. In addition, our experienced U.S. investment banking team, with its deep understanding of the U.S. market environment and industry, can provide more targeted professional advice for these companies in areas such as finance and valuation. Being a listener and long-term strategic partner for Chinese concept companies, accompanying them as they grow, is what Tiger wants to do," said a relevant person in charge of Tiger Securities' investment banking department. On June 12th Beijing time, Burning Rock Medical was listed on NASDAQ. As a leader in the field of tumor genetic testing, this company has attracted much attention since the news of its listing was announced. Investor enthusiasm was reflected in the secondary market, with the company's stock opening at $22.8, up 38% from the IPO price of $16.5, and then rising rapidly, reaching a high of $26.37 during the session. It closed up 49.27% at $24.63, with a market capitalization exceeding $2.5 billion. It is reported that Tiger Securities acted as the underwriter for Burning Rock Medical, successfully helping it secure orders exceeding $360 million. Among these, the retail side saw over ten thousand subscribers with a subscription amount of $223 million, once again setting a new record for retail subscription of a U.S. IPO on the Tiger Securities platform, demonstrating Tiger Securities' unique value as an emerging technology investment bank and its strong business synergy capabilities.