In Q1, Futu Holdings Reported 549.9K in Daily Average Revenue Trades, up by 7% YoY, Margin Financing and Securities Lending Balance of HK$37.6B, up by 8.9% YoY

First Quarter 2024 Operational Highlights

• Total number of paying clients1 increased 23.5% year-over-year to 1,887,270 as of March 31, 2024.
• Total number of registered clients2 increased 15.4% year-over-year to 3,812,326 as of March 31, 2024.
• Total number of users3 increased 12.3% year-over-year to 22.5 million as of March 31, 2024.
• Total client assets increased 11.2% year-over-year to HK$517.9 billion as of March 31, 2024.
• Daily average client assets were HK$480.0 billion in the first quarter of 2024, an increase of 6.0% from the same period in 2023.
• Total trading volume in the first quarter of 2024 increased by 9.5% year-over-year to HK$1.3 trillion, in which trading volume for U.S. stocks was HK$1.0 trillion, trading volume for Hong Kong stocks was HK$280.4 billion, and trading volume for stocks under the Stock Connect was HK$9.5 billion.
• Daily average revenue trades (DARTs)4 in the first quarter of 2024 increased 7.0% year-over-year to 549,854.
• Margin financing and securities lending balance increased 8.9% year-over-year to HK$37.6 billion as of March 31, 2024.