Written Assignment Unit 7 BUS1103

Microeconomics BUS 1103-AY-2021-T5

Written Assignment Unit 7

Prof. Alka (Instructor)

(UoPeople)
Written Assignment Unit 7 BUS1103

Introduction:

The following details and description of financial capital stock market base data from August 2,

2021. The four stock financial market companies that I have chosen are: Vaxart., (VXRT),

Canaan., Inc., (CAN), UP Fintech Holding Limited., (TIGER), RLX Technology Inc. (RLX).

Date August 2, 4:00PM EDT

1) Name, Stock Symbol,

Vaxart, Inc. (VXRT)

Price Change % Change Volume Market Cap

7.99 +0.80 (+11.13%) 24,986,917 1.055B

2) Name Stock Symbol

Canaan Inc. (CAN)

Price Change %Change Volume. Market Cap

7.74 +0.86 (+12.50%) 11,337,754 2.393B

3) Name Stock Symbol,

UP Fintech Holding Limited (Tiger)

Price Change %Change Volume Market Cap

17.40 +1.45 (+9.25) % 7,566,550M 9,030,381M 2.825B

4) Name Stock Symbol,

RLX Technology Inc. (RLX)

Price Change %Change Volume Market Cap

4.6500 +02900 (+6.65%) 13,389,120 M 7,399,750M 7.304B

I will give a step-by-step explanation on the reason why I chose the four stocks above.
Written Assignment Unit 7 BUS1103

Vaxart, Inc., a clinical-stage biotechnology company, engages in the discovery and

development of oral recombinant protein vaccine based on its proprietary oral vaccine platform.

The company’s product pipeline includes norovirus vaccine, an oral tablet vaccine, which is in a

Phase Ib clinical trial with bivalent oral tablet vaccine for GI.1 and GII.4 norovirus strain; season

influenza vaccine, which is in Phase II clinical trial for the treatment of H1 influenza infection;

respiratory syncytial virus vaccine; and coronavirus vaccine, which completed Phase 1clinical

trials for the treatment of SARS-CoV-2 infection. It is also developing therapeutic vaccine for

cervical cancer and dysplasia caused by human papillomavirus.

Vaxart, Inc. has a research collaboration agreement with Janssen Vaccine & Prevention B.V.

(Janssen) to evaluate the company’s proprietary oral vaccine platform for the Janssen Vaccine

program. The Company is headquartered in South San Francisco, California.

Canaan Inc. engages in the research, design, and sale of integrated circuit (IC) final system

products by integrating IC products for bitcoin mining and related component primarily in the

People’s Republic of China.

The company has strategic cooperation with Northern Data AG in the area of artificial

intelligence development, blockchain technology, and datacenter operations. The company was

founded in 2013 and is based in Hangzhou, the People Republic of China. Seeking Alpha (2021)

The Tiger brokers is a leading online brokerage firm that focuses on global investors. These

bodies of people do not require collateral from the investors nor investors from them. Which are

unsecured bonds when one invests in their firm. Nevertheless, the firm has held a hundred-fold

fruits to investors who have had recuse on them.

Written Assignment Unit 7 BUS1103

They offer their customers comprehensive brokerage and value-added services, including

trade order placement and execution, margin financing, IPO subscription. ESOP management,

investors education, community discussion and customers support (Ir Itiger, n.d.).

More also their infrastructure and advanced technology can support trades across multiple

currencies, multiple market, multiple products, multiple execution venues and multiple clearing

houses.

RLX Technology Inc., together with its subsidiaries, researchers, develops manufactures,

distributes, and sells e-vapor products in the People Republic of China. It serves RELX branded

partner stores and other retails outlets through distributors. The company was founded in 2018

and in Beijing, China. RLX technology Inc. is a subsidiary of Relx Inc.

The rate of return of these stocks are great because of the importance of their products, and

services in the life of man and the world at large.

The potential risk lies when people are not informed on the use of technology their

user/customer will be limited or will not participate a great deal. So, when only few are learnt in

terms of the use of technology, then the user of their product of service will be limited and they

will not have many investors therefore there will not be much fruit from their stocks.

I consider these four stocks market as one of the best to invest in because their market

operations is something that is consistence based on human development and increased

knowledge both in finding solution to human needs and economic advancement.

In Vaxart, Biotechnology which deals with research to create a world without viruses.

Canaan deals with research on digitals money making.

Written Assignment Unit 7 BUS1103

Tiger deals with artificial intelligence. While RLX sells E-vapor products etc. these are

important per se in the life of man, thus their product and service are being used by the majority

worldwide. And I am sure that they are trustworthy when it comes to making a bond with these

companies/stock.

Reference:

https://finance.yahoo.com