Futu Securities Gains License to Offer Virtual Assets, Expands Services in Hong Kong

7/8/24 6:02:30 AM ET

Investment Bankers/Brokers/Service

Finance

Get the next $FUTU alert in real time by email

Futu Holdings Limited ("Futu" or the "Company") (NASDAQ:FUTU), a leading tech-driven online brokerage and wealth management platform, today announced that its wholly-owned subsidiary, Futu Securities International (Hong Kong) Limited ("Futu Securities"), has upgraded its Type 1 license to include virtual asset dealing service by Hong Kong Securities and Futures Commission (SFC). This upgrade will enable Futu Securities to provide virtual asset dealing services to both retail and professional investors in Hong Kong.

Get the next $FUTU alert in real time by email

Chat with this insight

Save time and jump to the most important pieces.

Recent Analyst Ratings for
$FUTU

Date	Price Target	Rating	Analyst
5/28/2024	$62.00 → $92.00	Neutral → Overweight	JP Morgan
3/18/2024	$50.00 → $65.00	Underperform → Outperform	CLSA
3/15/2024	$64.00 → $62.00	Overweight → Neutral	JP Morgan
1/17/2024	$64.00	Neutral → Overweight	JP Morgan
1/5/2024	$67.00	Neutral → Buy	UBS
1/4/2024	$40.00 → $50.00	Underweight → Equal-Weight	Morgan Stanley
5/25/2023	$49.00	Neutral → Outperform	Credit Suisse
5/18/2023	$65.00 → $46.00	Overweight → Neutral	JP Morgan

More analyst ratings

$FUTU
Financials

Live finance-specific insights

Futu to Report Third Quarter 2024 Financial Results on November 19, 2024
HONG KONG, Nov. 05, 2024 (GLOBE NEWSWIRE) -- Futu Holdings Limited ("Futu" or the "Company") (NASDAQ:FUTU), a leading tech-driven online brokerage and wealth management platform, today announced that it will report its financial results for the third quarter ended September 30, 2024, before U.S. markets open on November 19, 2024. Futu's management will hold an earnings conference call on Tuesday, November 19, 2024, at 7:30 AM U.S. Eastern Time (8:30 PM on the same day, Beijing/Hong Kong Time). Please note that all participants will need to pre-register for the conference call, using the link https://register.vevent.com/register/BId8704588e6684a3ca9bc030be815ec01. It will automa
11/5/24 3:00:00 AM ET
$FUTU
Investment Bankers/Brokers/Service
Finance
Futu Announces Second Quarter 2024 Unaudited Financial Results
HONG KONG, Aug. 20, 2024 (GLOBE NEWSWIRE) -- Futu Holdings Limited ("Futu" or the "Company") (NASDAQ:FUTU), a leading tech-driven online brokerage and wealth management platform, today announced its unaudited financial results for the second quarter ended June 30, 2024. Second Quarter 2024 Operational Highlights Total number of paying clients1 increased 28.8% year-over-year to 2,042,313 as of June 30, 2024.Total number of registered clients2 increased 19.1% year-over-year to 4,045,703 as of June 30, 2024.Total number of users3 increased 13.3% year-over-year to 23.3 million as of June 30, 2024.Total client assets increased 24.3% year-over-year to HK$579.3 billion as of June 30, 2024.Daily
8/20/24 4:00:00 AM ET
$FUTU
Investment Bankers/Brokers/Service
Finance
Futu to Report Second Quarter 2024 Financial Results on August 20, 2024
HONG KONG, Aug. 06, 2024 (GLOBE NEWSWIRE) -- Futu Holdings Limited ("Futu" or the "Company") (NASDAQ:FUTU), a leading tech-driven online brokerage and wealth management platform, today announced that it will report its financial results for the second quarter ended June 30, 2024, before U.S. markets open on August 20, 2024. Futu's management will hold an earnings conference call on Tuesday, August 20, 2024, at 7:30 AM U.S. Eastern Time (7:30 PM on the same day, Beijing/Hong Kong Time). Please note that all participants will need to pre-register for the conference call, using the link https://register.vevent.com/register/BI800b9bad2caa4efdb3a6e4d57f8dcfe2. It will automa
8/6/24 4:00:00 AM ET
$FUTU
Investment Bankers/Brokers/Service
Finance

$FUTU
Press Releases

Fastest customizable press release news feed in the world

Futu to Report Third Quarter 2024 Financial Results on November 19, 2024
HONG KONG, Nov. 05, 2024 (GLOBE NEWSWIRE) -- Futu Holdings Limited ("Futu" or the "Company") (NASDAQ:FUTU), a leading tech-driven online brokerage and wealth management platform, today announced that it will report its financial results for the third quarter ended September 30, 2024, before U.S. markets open on November 19, 2024. Futu's management will hold an earnings conference call on Tuesday, November 19, 2024, at 7:30 AM U.S. Eastern Time (8:30 PM on the same day, Beijing/Hong Kong Time). Please note that all participants will need to pre-register for the conference call, using the link https://register.vevent.com/register/BId8704588e6684a3ca9bc030be815ec01. It will automa
11/5/24 3:00:00 AM ET
$FUTU
Investment Bankers/Brokers/Service
Finance
Moomoo - Cboe 2024 Options Trader Survey Shows Increased Options Popularity
JERSEY CITY, N.J., Oct. 23, 2024 /PRNewswire/ -- The intuitive investment and trading platform moomoo today announced findings of its 2024 options trader survey, completed in collaboration with Cboe Global Markets (Cboe). The survey found that options trading has become more popular than ever as more retail investors have gravitated towards basic options strategies in the past few years. Many are now seeking to expand their trading to include new strategies and products, while some cite a lack of knowledge as the main barrier to options trading – highlighting an opportunity to enhance investor education and drive even greater participation.
10/23/24 9:00:00 AM ET
$FUTU
Investment Bankers/Brokers/Service
Finance
/C O R R E C T I O N -- moomoo/
In the news release, Moomoo Launches Moomoo NX Desktop Version, issued 24-Sep-2024 by moomoo over PR Newswire, we are advised by the company that the headline should read "Moomoo Launches Moomoo Desktop Version" instead of "Moomoo Launches Moomoo NX Desktop Version"; the 5th paragraph should read "Nowadays, users can download the moomoo desktop version here to experience the new platform and unlock their full trading potential." rather than "Nowadays, users can download the moomoo NX desktop version here to experience the new platform and unlock their full trading potential."; and the photo should be updated rather than as originally issued inadvertently. The complete, corrected release fol
9/24/24 9:00:00 AM ET
$FUTU
Investment Bankers/Brokers/Service
Finance

Futu Securities Gains License to Offer Virtual Assets, Expands Services in Hong Kong

Chat with this insight

Recent Analyst Ratings for
$FUTU

$FUTU
Financials

Live finance-specific insights

Futu to Report Third Quarter 2024 Financial Results on November 19, 2024

Futu Announces Second Quarter 2024 Unaudited Financial Results

Futu to Report Second Quarter 2024 Financial Results on August 20, 2024

$FUTU
Press Releases

Fastest customizable press release news feed in the world

Futu to Report Third Quarter 2024 Financial Results on November 19, 2024

Moomoo - Cboe 2024 Options Trader Survey Shows Increased Options Popularity

/C O R R E C T I O N -- moomoo/

$FUTU
SEC Filings

SEC Form 6-K filed by Futu Holdings Limited

SEC Form 6-K filed by Futu Holdings Limited

SEC Form 20-F filed by Futu Holdings Limited

$FUTU
Leadership Updates

Live Leadership Updates

Futu Announces Resignation of Eric Chi Zhang from the Board of Directors

$FUTU
Large Ownership Changes

This live feed shows all institutional transactions in real time.

SEC Form SC 13G filed by Futu Holdings Limited

SEC Form SC 13G/A filed by Futu Holdings Limited (Amendment)

SEC Form SC 13G/A filed by Futu Holdings Limited (Amendment)

$FUTU
Analyst Ratings

Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

Futu Holdings upgraded by JP Morgan with a new price target

Futu Holdings upgraded by CLSA with a new price target

Futu Holdings downgraded by JP Morgan with a new price target

$FUTU
Market Insights

Live Market Insights