Welcome to our dedicated page for Futu Holdings news (Ticker: FUTU), a resource for investors and traders seeking the latest updates and insights on Futu Holdings stock.
Futu Holdings Limited (Nasdaq: FUTU) operates a leading digital brokerage platform transforming global investing through its Futubull and moomoo ecosystems. This news hub provides investors with centralized access to official announcements, market developments, and strategic updates impacting this fintech innovator.
Discover timely updates on earnings reports, regulatory filings, product launches, and partnership agreements. Our curated feed ensures equal access to operational milestones and financial disclosures for both retail and institutional investors.
Key coverage areas include quarterly results analysis, platform feature enhancements, international expansion plans, and leadership updates. All content maintains strict editorial neutrality while prioritizing factual accuracy and regulatory compliance.
Bookmark this page for streamlined monitoring of FUTU's market position within the competitive online brokerage sector. Return regularly to track how the company's technology-driven approach continues reshaping wealth management accessibility across global markets.
Futu Holdings Limited (Nasdaq: FUTU) announced the offering of 9,500,000 American depositary shares (ADSs), each representing eight Class A shares. The company plans to grant underwriters a 30-day option to purchase an additional 1,425,000 ADSs. The net proceeds will primarily be used for margin financing, international expansion, new licenses, and acquisitions. The offering is made under a shelf registration statement filed with the SEC. There is no assurance that the offering will be completed.
Futu Holdings Limited (Nasdaq: FUTU) announced the filing of its annual report on Form 20-F for the fiscal year ending December 31, 2020, with the SEC. The report is available on the company's investor relations website. Shareholders can request a free copy of the report containing audited consolidated financial statements from the Investor Relations Department. Futu is an online brokerage and wealth management platform in China, focused on serving the affluent population, leveraging its digital platform, Futubull, for various trading services.
Futu Holdings Limited (Nasdaq: FUTU) reported significant growth in its fourth quarter and full year 2020 financial results. The company achieved a 281.6% increase in total revenues, reaching HK$1,186.4 million (US$153.0 million). Total client assets surged 227.3% year-over-year to HK$285.2 billion. Net income soared by 699.9% to HK$1,325.5 million (US$171.0 million). Notably, the total number of paying clients grew 160.5% to 516,721 and daily average revenue trades rose 339.9% year-over-year. The company’s robust expansion in trading volume and client services underpins its strong market position.
Futu Holdings Limited (NASDAQ: FUTU) will report its financial results for Q4 and full year 2020 on March 16, 2021, before U.S. markets open. An earnings conference call is scheduled for the same day at 7:30 AM ET, requiring pre-registration. The company is positioning itself to capture the growing affluent market in China through its digital brokerage platform, Futubull, which offers trade execution and margin financing. This announcement highlights Futu's ongoing commitment to enhancing the user experience through integrated applications and analytical tools.
Futu Holdings Limited (NASDAQ: FUTU) announced a significant investment where a leading global firm will purchase approximately 50 million Class A ordinary shares for around US$260 million in prepaid warrants. This transaction is pending customary closing conditions and is expected to finalize soon. The share issuance complies with Regulation S under the Securities Act, ensuring it is exempt from registration. Futu, a tech-driven online brokerage in China, aims to reshape the wealth management industry through its digital platform, Futu NiuNiu.
Futu Holdings Limited (NASDAQ: FUTU) reported impressive third-quarter results for 2020. Total revenues soared 272.1% year-over-year to HK$946.2 million (US$122.1 million), while total gross profit surged 314.1% to HK$764.1 million (US$98.6 million). Net income dramatically increased 18 times year-over-year, reaching HK$401.7 million (US$51.8 million). The company experienced robust growth in client metrics, with paying clients up 136.5% to 418,089 and total trading volume skyrocketing 381.1% to HK$1,014.7 billion. Strong demand for IPOs on its platform contributed significantly to these results.
Futu Holdings Limited (NASDAQ: FUTU) announced its stock's inclusion in the MSCI Hong Kong Small Cap Index, effective November 30, 2020. This index is known for measuring the performance of small cap stocks in Hong Kong and serves as a benchmark for global institutional investors. Futu Holdings specializes in providing a digitized brokerage platform targeting China's emerging affluent, offering services including trade execution and margin financing through its app, Futu NiuNiu, which integrates analytical tools and social media features.
Futu Holdings Limited (NASDAQ: FUTU) will report its Q3 2020 financial results on November 19, 2020, before U.S. markets open. The earnings conference call is scheduled for the same day at 7:30 AM U.S. Eastern Time. Interested participants must pre-register for the call. Following the call, a replay will be available until November 27, 2020. Futu provides a digital brokerage and wealth management platform, primarily serving affluent Chinese investors with services including trade execution and margin financing.
Futu Holdings Limited (NASDAQ: FUTU) has successfully completed its offering of 9,500,000 American depositary shares (ADSs) at $33.00 per ADS. The offering includes a 30-day option for underwriters to purchase an additional 1,425,000 ADSs. The proceeds will primarily support the company's margin financing business and general corporate purposes. Major financial institutions such as Goldman Sachs, Credit Suisse, UBS, and Haitong are the joint bookrunners for this offering. The ADSs are available under the company's shelf registration statement effective August 17, 2020.
On August 19, 2020, Futu Holdings Limited (NASDAQ: FUTU) announced the pricing of its offering of 9,500,000 American depositary shares (ADSs) at US$33.00 each. The company has granted underwriters a 30-day option to purchase an additional 1,425,000 ADSs. The offering is conducted under its effective shelf registration statement, with proceeds aimed primarily at enhancing its margin financing business and general corporate needs. Joint bookrunners include Goldman Sachs and Credit Suisse, among others.
