Sixth Anniversary: The Internet-based Full-Service Securities Broker Takes Initial Shape

On June 12th Beijing time, Burning Rock Medical was listed on NASDAQ. As a leader in the tumor gene testing track, this company has attracted much attention since the news of its listing came out. Investor enthusiasm was reflected in the secondary market. The company's stock opened at $22.8, up 38% from the issue price of $16.5, and then rose rapidly, reaching a high of $26.37 during the session. It closed up 49.27% at $24.63, with a market value exceeding $2.5 billion. It is reported that Tiger Securities acted as the underwriter for Burning Rock Medical this time, successfully helping it obtain orders exceeding $360 million. Among them, the number of retail subscribers exceeded ten thousand, with a subscription amount of $223 million, once again refreshing Tiger Securities' platform record for US IPO retail subscriptions, demonstrating Tiger Securities' unique value as an emerging technology investment bank and its strong business synergy capabilities.

"As entrepreneurs ourselves, we can get closer to and understand Chinese startups, empathize with the pain points they face during listing, and provide them with customized services. In addition, our senior US investment banking team, with its deep understanding of the US market environment and industry, can provide more targeted professional advice to 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 the 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 tumor gene testing track, this company has attracted much attention since the news of its listing came out. Investor enthusiasm was reflected in the secondary market. The company's stock opened at $22.8, up 38% from the issue price of $16.5, and then rose rapidly, reaching a high of $26.37 during the session. It closed up 49.27% at $24.63, with a market value exceeding $2.5 billion. It is reported that Tiger Securities acted as the underwriter for Burning Rock Medical this time, successfully helping it obtain orders exceeding $360 million. Among them, the number of retail subscribers exceeded ten thousand, with a subscription amount of $223 million, once again refreshing Tiger Securities' platform record for US IPO retail subscriptions, demonstrating Tiger Securities' unique value as an emerging technology investment bank and its strong business synergy capabilities. "As entrepreneurs ourselves, we can get closer to and understand Chinese startups, empathize with the pain points they face during listing, and provide them with customized services. In addition, our senior US investment banking team, with its deep understanding of the US market environment and industry, can provide more targeted professional advice to 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 the 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 tumor gene testing track, this company has attracted much attention since the news of its listing came out. Investor enthusiasm was reflected in the secondary market. The company's stock opened at $22.8, up 38% from the issue price of $16.5, and then rose rapidly, reaching a high of $26.37 during the session. It closed up 49.27% at $24.63, with a market value exceeding $2.5 billion. It is reported that Tiger Securities acted as the underwriter for Burning Rock Medical this time, successfully helping it obtain orders exceeding $360 million. Among them, the number of retail subscribers exceeded ten thousand, with a subscription amount of $223 million, once again refreshing Tiger Securities' platform record for US IPO retail subscriptions, demonstrating Tiger Securities' unique value as an emerging technology investment bank and its strong business synergy capabilities.