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) reported strong financial results for Q4 and full year 2021, with total revenues growing 35.1% year-over-year to HK$1,602.8 million (US$205.5 million) in Q4. Full-year revenues reached HK$7,115.3 million (US$912.3 million), a 114.9% increase. The number of paying clients surged 140.8% to 1,244,222, while total client assets increased by 43.0% to HK$407.8 billion. However, net income dropped 6.3% to HK$498.8 million (US$64.0 million) due to increased operating expenses and market challenges.
Futu Holdings Limited (Nasdaq: FUTU) announced it will report its financial results for Q4 and FY 2021 on March 11, 2022. The earnings conference call, scheduled for the same day at 7:30 AM U.S. Eastern Time, will provide insights into the company’s performance. Interested participants must pre-register for the call, and those unable to attend can access a telephone replay until March 19, 2022. Futu's advanced tech-driven platform, which caters to affluent clients, offers various trading and wealth management services.
Futu Holdings Limited (Nasdaq: FUTU) announced that its Singapore subsidiary has received in-principle approvals to be a Depository Agent at The Central Depository (CDP) and a Trading and Clearing Member at Singapore Exchange (SGX). Additionally, it has been granted Exempt Financial Adviser status by the Monetary Authority of Singapore (MAS). This expansion enables Futu Singapore to offer trading, clearing, and investment advisory services, reinforcing its position in the Singapore market and enhancing its tech-driven brokerage service offerings.
Futu Holdings Limited (Nasdaq: FUTU) has announced the acquisition of Futu Securities (Australia) Ltd, an Australian subsidiary holding an Australian Financial Services License (AFSL) regulated by ASIC. This strategic acquisition allows Futu to offer online brokerage and financial services in Australia, tapping into a significant market opportunity. The company aims to enhance its presence in the wealth management sector through its digital platforms, Futubull and moomoo, catering primarily to the emerging affluent population.
Futu Holdings Limited (Nasdaq: FUTU) addressed media speculations regarding potential adverse PRC regulatory policies. The Company has not received any guidance suggesting material impacts on operations or financial conditions. Futu maintains compliance with regulations akin to other Hong Kong brokers, has reported false information circulating about it, and believes regulators prioritize investor protection. The firm continues to operate steadily, monitoring the regulatory landscape while serving clients through its digital brokerage platforms, Futubull and moomoo.
Futu Holdings Limited (Nasdaq: FUTU) announced the repurchase of over US$70 million in American depositary shares (ADSs) as of December 16, 2021, under its previously announced share repurchase program. This initiative, aimed at enhancing shareholder value, reflects the company's confidence in its growth potential and market position. The repurchases may continue depending on market conditions. Futu's innovative technology platform, Futubull and moomoo, primarily serves the emerging affluent population in the wealth management sector.
Futu Inc., a subsidiary of Futu Holdings Limited (NASDAQ: FUTU), announced its partnership with StoneCastle Insured Sweep to offer insured cash sweep services to its brokerage clients. This service aims to enhance client experience by providing greater protection for cash deposits while allowing clients to earn interest. The implementation of this feature began in November 2021. As a technology firm, Futu continues to innovate its brokerage and wealth management platform, moomoo, which integrates multiple financial services and tools for retail investors.
Futu Holdings reported strong Q3 2021 results with total revenues increasing by 83.0% year-over-year to US$222.4 million. Non-GAAP adjusted net income rose 58.5% to US$83.0 million. The company's trading volume surged 33.1% to US$173.5 billion. User growth was significant, with global users up 58.6% to 16.6 million and registered clients totaling 2.58 million. Notably, paying clients grew 179.2% year-over-year to 1.17 million, reinforcing Futu’s market position in Hong Kong as it captured about one-third of the adult population.
Futu Holdings Limited (Nasdaq: FUTU) reported its unaudited financial results for Q3 2021, showcasing robust growth despite market challenges. Total revenues soared by 83.0% year-over-year to HK$1,731.1 million (US$222.4 million), with net income increasing by 53.1% to HK$615.2 million (US$79.0 million). The company saw a 179.2% growth in paying clients, reaching 1,167,204, and total client assets rose to HK$423.9 billion. However, total client assets faced a 15.8% decline quarter-over-quarter due to market depreciation.
Futu Holdings Limited (Nasdaq: FUTU) will report its third-quarter financial results for the period ending September 30, 2021, on November 24, 2021, before U.S. markets open. An earnings conference call is scheduled for the same day at 7:30 AM U.S. Eastern Time. Participants must pre-register online to join the call. After the call, a telephone replay will be available until December 1, 2021. Futu is a leading online brokerage and wealth management platform, providing a fully digitized experience for investors through its applications, Futubull and moomoo.
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