Xu Li of Futu (FUTU) files Form 3 detailing ADS and share stakes

Rhea-AI Filing Summary

Futu Holdings Ltd executive Xu Li, a Senior Vice President, filed an initial ownership report showing his holdings in the company. He reports direct ownership of American Depositary Shares representing 179,200 underlying Class A ordinary shares and separate direct ownership of 240,000 Class A ordinary shares. He also reports indirect ownership of American Depositary Shares representing 3,200,000 underlying Class A ordinary shares through Roti Holdings Limited. A footnote states that each American Depositary Share is convertible at any time into eight Class A ordinary shares and has no expiration date, and that Xu Li disclaims beneficial ownership beyond his pecuniary interest.

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0104
Estimated average burden
hours per response:			0.5

1. Name and Address of Reporting Person^*

XU LI

(Last) (First) (Middle)

34F, UNITED CENTRE,

95 QUEENSWAY, ADMIRALTY

(Street)

HONG KONG S.A.R. K3

(City) (State) (Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
03/17/2026

3. Issuer Name and Ticker or Trading Symbol
Futu Holdings Ltd [ FUTU ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Senior Vice President

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Class A ordinary shares	240,000	D

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
American Depositary Shares	(1)	(1)	Class A ordinary shares	179,200	(1)	D
American Depositary Shares	(1)	(1)	Class A ordinary shares	3,200,000	(1)	I	By Roti Holdings Limited(2)

Explanation of Responses:

1. Each American Depositary Share is convertible at any time, at the holder's election, into eight Class A ordinary shares of the issuer. The American Depositary Shares have no expiration date.

2. The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of all of the reported securities for purposes of Section 16 or for any other purpose.

	/s/ Li Xu	03/17/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What does Xu Li's Form 3 filing show about his FUTU holdings?

The Form 3 shows Senior Vice President Xu Li’s initial ownership in Futu Holdings Ltd, including direct American Depositary Shares, direct Class A ordinary shares, and additional American Depositary Shares held indirectly through Roti Holdings Limited as of the reported date.

How many Futu (FUTU) ADS-linked shares does Xu Li report directly?

Xu Li reports American Depositary Shares representing 179,200 underlying Class A ordinary shares held directly. These ADS positions are separate from his directly held 240,000 Class A ordinary shares and from additional ADS interests reported as held indirectly through Roti Holdings Limited.

What indirect FUTU ownership does Xu Li report via Roti Holdings Limited?

The filing shows Xu Li has indirect ownership of American Depositary Shares representing 3,200,000 underlying Class A ordinary shares through Roti Holdings Limited. This indirect interest is reported separately from his directly held ADS and Class A ordinary shares in Futu Holdings Ltd.

What disclaimer does Xu Li include about beneficial ownership of FUTU shares?

A footnote states Xu Li disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest. It clarifies that listing these securities is not an admission of beneficial ownership for Section 16 or any other legal purpose.

How are Futu (FUTU) American Depositary Shares related to Class A ordinary shares?

Each Futu American Depositary Share is convertible at any time, at the holder’s election, into eight Class A ordinary shares. The filing also specifies that these American Depositary Shares have no expiration date, describing a permanent, electable conversion right for holders.