Futu Holdings Limited Stock Price, News & Analysis

Moomoo, a global investment platform, announced its expansion into cryptocurrency trading with the launch of Moomoo Crypto for U.S. users. The platform will initially offer trading for over 30 cryptocurrencies, including Bitcoin and Ethereum, leveraging Coinbase's infrastructure through its Crypto-as-a-Service platform. The service will integrate with Moomoo's existing trading platform, providing advanced features like spot charting and plans to implement copy trading by September 2025. The expansion aims to meet growing demand for digital assets while bridging traditional and digital finance.

Futu Holdings (Nasdaq: FUTU), a leading tech-driven online brokerage and wealth management platform, has scheduled its first quarter 2025 financial results announcement for May 29, 2025, before U.S. markets open. The company will host an earnings conference call on the same day at 7:30 AM U.S. Eastern Time (7:30 PM Beijing/Hong Kong Time).

Participants must pre-register for the conference call through a provided link, which will lead to the registration page for \"Futu Holdings Ltd First Quarter 2025 Earnings Conference Call\". Upon registration, participants will receive dial-in numbers and personal PINs. A live and archived webcast will be available on the company's investor relations website.

Moomoo Foundation has announced its 2025 Financial Literacy Month initiatives, partnering with Working in Support of Education (W!se) to recognize the 100 Best W!se High Schools Teaching Personal Finance at Touro College in New York. US CEO Neil McDonald presented awards to schools excelling in W!se's Financial Literacy Certification Test for 2023-24.

The foundation is expanding its educational outreach through financial literacy seminars across NY and NJ. Justin Zacks, Moomoo Technology's VP of Strategy, delivered a presentation at Columbia University on April 25 and will speak at NJCU's business school on May 2, focusing on stock market fundamentals and equity trading.

A recent survey of moomoo's North American users revealed that while many retail investors achieved positive returns amid the market's 20% appreciation, concerns exist about new tariff policies and economic slowdown signals. The majority reported improved financial status compared to last year, though some face challenges with low income and housing costs impacting savings ability.

Futu Holdings (Nasdaq: FUTU), a leading tech-driven online brokerage and wealth management platform, has announced the filing of its annual report on Form 20-F for the fiscal year ended December 31, 2024, with the Securities and Exchange Commission. The report is accessible through the company's investor relations website at ir.futuholdings.com.

Shareholders and ADS holders can request a free copy of the annual report, which contains audited consolidated financial statements, by contacting the Investor Relations Department at the company's Shenzhen office.

Moomoo, a global investment and trading platform, has announced a multiyear multimillion-dollar sponsorship partnership with the New York Mets. The collaboration includes permanent and rotational signage at CitiField, including the moomoo bullpen. For each Mets victory, $10,000 will be added to a special fund, with a potential $1 million grand prize for a lucky moomoo investor if the team reaches 100 victories.

The partnership aims to enhance fan experience through various interactive games and promotions, including special 'Moomoo Mondays' events, give-aways, and meet-and-greets. Moomoo, with a global presence of 25 million users including 1.5 million in Japan, will leverage this alliance to connect international baseball fans to the NY Mets while providing their trading platform services to the Mets fanbase.

Futu Holdings (FUTU) reported exceptional financial performance for Q4 2024, with revenues reaching US$570.6 million (up 86.8% YoY) and non-GAAP adjusted net income of US$251.3 million (up 105.4% YoY). For full-year 2024, revenues hit US$1.75 billion with adjusted net income of US$742.6 million.

The company demonstrated strong user growth, reaching 25 million global users and 2.41 million paying clients (up 41% YoY). Total client assets grew 53% YoY to US$95.7 billion. Trading volumes reached an all-time high of US$371.5 billion in Q4, with US stock trading volume surging 195% YoY to US$267 billion.

Moomoo expanded significantly across global markets, particularly in Singapore, Japan, Canada, Malaysia, and Australia. The wealth management business doubled its assets under management to over US$14 billion compared to 2023 year-end. The company enhanced its product offerings with new features including Japanese stock options trading and bond trading services in Singapore and Hong Kong.

Futu Holdings (Nasdaq: FUTU) reported strong Q4 and full-year 2024 results, with significant growth across key metrics. Total paying clients increased 41.0% YoY to 2.41 million, while total client assets grew 53.1% YoY to HK$743.3 billion.

Q4 2024 highlights include: Total revenues up 86.8% YoY to HK$4.43 billion, net income increased 113.3% YoY to HK$1.87 billion, and trading volume surged 201.7% YoY to HK$2.89 trillion. The company's margin financing and securities lending balance reached HK$50.9 billion, up 53.7% YoY.

Full-year 2024 performance showed: Revenue growth of 35.8% YoY to HK$13.59 billion, net income up 27.0% YoY to HK$5.43 billion, and total trading volume increased 83.3% YoY to HK$7.75 trillion. The company guides for 800,000 net new paying clients in 2025.

Futu Holdings (Nasdaq: FUTU), a leading tech-driven online brokerage and wealth management platform, has announced it will report its financial results for the fourth quarter and full year ended December 31, 2024, before U.S. markets open on March 13, 2025.

The company's management will host an earnings conference call on Thursday, March 13, 2025, at 7:30 AM U.S. Eastern Time (7:30 PM Beijing/Hong Kong Time). All participants must pre-register for the call using the provided registration link, which will lead to the "Futu Holdings Fourth Quarter and Full Year 2024 Earnings Conference Call" registration page.

Upon registration, participants will receive confirmation emails containing dial-in numbers and personal PINs to access the conference call. A live and archived webcast of the call will also be available on the company's investor relations website.