Futu achieved significant growth in its client base. View Futu Holdings Limited Sponsored ADR FUTU investment & stock information. Futu™ cuts out the costs of operating traditional branches and the excess brokerage firm overhead. FUTU closed up 8.97 percent on Thursday, March 11, 2021, on 81 percent of normal volume. A-Share-listed stocks. Based in Silicon Valley, Futu™ is a next-generation broker-dealer. Retrieved 2020-05-26. The new sales intelligence software for teams, Crunchbase Enterprise helps teams find & close deals through automated prospecting, personalized insights and key integrations, Total amount raised across all funding rounds, Total number of current team members an organization has on Crunchbase, Total number of investment firms and individual investors, Descriptive keyword for an Organization (e.g. The Company provides investing services through its digital platform, Futu NiuNiu, an integrated application accessible through any mobile device, tablet or desktop. "富途證券擬赴美上市 無中國大陸業務許可存監管風險" [Futu Securities intends to go public in the U.S. without the risk of regulatory oversight of business license deposits in mainland China] (in Chinese). "Capital Watch: Futu Holdings Limited" (PDF). Futu Holdings Ltd., a Hong Kong–based online brokerage that is backed by Chinese internet giant Tencent Holdings Ltd., has become the first big Asian initial public offerings of 2019. Li Hua founded Futu Securities in 2012, with its headquarters in Hong Kong in China. Weicheng Tang also expects the offshore online stock trading market to "continue to grow thanks to asset diversification demand from Chinese households and an increasing number of Chinese companies going for HK/US listings." Futu Inc is a member of SIPC, which protects securities customers of its members up to $500,000 (including $250,000 for claims of cash). Meanwhile, UP Fintech Holding and 9F, which were both founded in China, saw their shares at … We strive to re-define traditional investing with proprietary technologies and a relentless focus on user experience, providing a gateway to building the world's leading digital financial institution. The company originally traded as NASDAQ symbol FHL, but changed to FUTU. This report is the outcome of a months-long investigation, research, and analysis of Futu Holdings Ltd. and China’s online brokerage industry by 27 professional journalists and analysts from JPM Media Group across its Beijing, Silicon Valley and New York offices. Futu Holdings Ltd., the online Chinese broker backed by Tencent Holdings Ltd., jumped as much as 46 percent after raising $90 million in its U.S. initial public offering. A high-level overview of Futu Holdings Limited (FUTU) stock. Futu Holdings Limited. There has been considerable discussion over time whether publicly traded corporations, or at least publicly traded corporations listed on major stock exchanges such as the NYSE and other comparable international stock exchanges, are inherently notable. However, with shares trading at 50-times and 22-times his expected earnings for FY19 and FY20 respectively, the analyst contends that the high earnings growth potential for Futu is priced in. Futu Holdings Limited operates as a holding company in digitized brokerage and wealth management platform in China, Hong Kong, the United States, and internationally.The largest investor of Futu as of 2019 is Tencent.Founder Leaf Li is a former employee of Tencent. The result was no consensus. Contents: Prepared Remarks; Questions and Answers; Call … Print. It differentiates from investment banks’ reports by focusing on media reports and providing analysis from the perspective of the media. The analyst is positive on the company's position as a "major player" in a "niche" internet-driven brokerage platform market that offers online stock trading services to Chinese retail investors and holds a 22% market share in terms of trading volume. Account Security. Futu Holdings is an advanced technology company transforming the investing experience by offering a fully digitized brokerage platform, Futubull. Examples of such sources include independent press coverage and analyst reports. North America1000 01:07, 9 June 2020 (UTC), Fails WP:GNG and seems to have written as a WP:PROMO. Active, Closed, Last funding round type (e.g. Futu Holdings Ltd. is a technology company, which engages in online brokerage services and margin financing services for clients in Hong Kong and China. Capital Watch. Accordingly, article authors should make sure to seek out such coverage and add references to such articles to properly establish notability. Calculated by dividing a company's operating earnings by its total assets. Futu Holdings, an advanced technology company whose subsidiary companies hold SFC types 1, 2, 4, 5 and 9 licenses and U.S. FINRA Securities brokerage licenses, provides users with trade execution, margin financing, market data and information, social networking services, as well as enterprise business services for corporate customers. SaaS, Android, Cloud Computing, Medical Device), Where the organization is headquartered (e.g. 陈纪英 (2019-06-12). Futu's parent, Futu Holdings Limited, is backed by world-class investors which include venture capital affiliates of Tencent, Sequoia Capital and Matrix Partners. Sina Corp. Archived from the original on 2020-05-26. Futu Holdings Limited (NASDAQ:FUTU) Q1 2019 Earnings Call May 24, 2019, 8:00 a.m. All-in-one account to trade worldwide. An Extraplanetary Holding is an administrative region of a country that is not located on Earth. Futu Holdings is the largest online overseas broker in China. Asia-Pacific (APAC) Companies that Exited (Top 10K). The Company, through its subsidiaries, offers an online brokerage platform that enables individual investors to trade in listed stocks. Stocks, ETFs, Options, Warrant, CBBCs, IPO, Margin Trading, Short Selling; No minimum | Free real-time quotes (in Chinese). Futu Holdings, a fast-growing online broker age in China, announced terms for its IPO on Tuesday. Archived from the original (PDF) on 2020-05-26. Stay up to date on the latest stock price, chart, news, analysis, fundamentals, trading and investment tools. HONG KONG, Dec. 08, 2020 (GLOBE NEWSWIRE) -- Futu Holdings Limited (NASDAQ: FUTU) (“Futu” or the “Company”), a leading tech-driven online brokerage and wealth management platform in China, today announced that a leading global investment firm has agreed to purchase approximately 50,000,000 Class A General Information: Business: We are an advanced technology company transforming the investing experience by offering a fully digitized brokerage platform. Futu Holdings Limited operates as a holding company. Get the latest Futu Holdings Limited Sponsored ADR FUTU detailed … Goldman Sachs analyst Weicheng Tang initiated Futu with a Neutral rating and a price target of $18.30. Futu’s paying clients increased from 80,057 as of December 31, 2017 to 132,821 as of December 31, 2018, to 198,382 as of December 31, 2019, and further increased to 303,102 as of June 30, 2020. Futu Holdings Limited is a technology company which offers a digitized brokerage platform. The term was first coined by American Congressman Edgar White, co-author of the Lunar Colonial Governance Act of 2027. Futu Holdings NASDAQ Updated Mar 12, 2021 12:59 AM. Futu to Report Fourth Quarter and Full Year 2020 Financial Results on March 16, 2021. Futu Holdings Limited American Depositary Shares (FUTU) Stock Quotes - Nasdaq offers stock quotes & market activity data for US and global markets. FUTU 160.51 13.21 (8.97%). The source: 鄭瑋 (2019-01-06). Futu Securities offers online stock trading services for companies listed in Hong Kong and the United States. The company provides users with trade execution, margin financing, market data and information, and social networking services through our proprietary digital platform Futubull for three major markets including Hong Kong, US, and Chinese Futu Holdings, parent of Hong Kong-based Futu Securities International, has launched bookbuilding for its potential $130.8m Nasdaq IPO. The oversea asset allocation has great potential given the Chinese domestic economy and currency turbulence. Main data, date & place of incorporation, registered office, current address and updated status of Futu Holdings LTD, (holding), Cayman Islands It collected and isolated relevant information from an extensive range of reports on Futu Holdings and China’s online brokerage industry, conducted in-depth analysis through investigations, verified the information authenticity from multiple channels, and analyzed data from unique media perspectives. Abishe (talk) 07:24, 17 May 2020 (UTC). Futu Holdings Ltd. ADR. They have embedded social media tools to create a network centered around their users and provide connectivity to users, investors, companies, analysts, media and key opinion leaders. The Hong Kong-based company plans to raise $120. These institutions hold a total of 31,736,273 shares. Retrieved 2020-05-26. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions. Return on assets can be defined as an indicator of how profitable a company is relative to its total assets. Current and historical return on assets (ROA) values for Futu Holdings (FUTU) over the last 10 years. iResearch Consulting Group. Futu Holdings Limited (US:FUTU) has 141 institutional owners and shareholders that have filed 13D/G or 13F forms with the Securities Exchange Commission (SEC). Seed, Series A, Private Equity), Alternate or previous names for the organization, Tags are labels assigned to organizations, which identify their belonging to a group with that shared label, Whether an Organization is for profit or non-profit, The date when the Organization went public, Total number of sub-organizations that belongs to a parent Organization. Futu Holdings offers an online brokerage platform that enables individual investors to trade in listed stocks. Archived from the original on 2020-05-26. ET. The Hong Kong-based Futu Holdings saw its shares rise as much as 17.7% this morning. Futu Holdings offers an online brokerage platform that enables individual investors to trade in listed stocks. Futu Holdings Ltd stocks price quote with latest real-time prices, charts, financials, latest news, technical analysis and opinions. San Francisco Bay Area, Silicon Valley), Operating Status of Organization e.g. Retrieved 2020-05-26. However, sufficient independent sources almost always exist for such companies, so that notability can be established using the primary criterion discussed above. Your personal information is fully encrypted by cutting-edge technology and never shared. The report offers a disclaimer noting that Capital Watch could have a conflict of interest with the companies it reviews and notes: This report is the outcome of a months-long investigation, research, and analysis of Futu Holdings Ltd. and China’s online brokerage industry by 27 professional journalists and analysts from JPM Media Group across its Beijing, Silicon Valley and New York offices. About Futu Holdings Limited Futu Holdings Limited (Nasdaq: FUTU) is an advanced technology company transforming the investing experience by offering a … It serves customers in Hong Kong. Futu Securities operates as an investment company. From Sina Corp in 2019 (translated using Google Translate), "At present, Futu Securities is the largest securities firm in Hong Kong with a customer base of 380,000, far exceeding its peers." Extraplanetary holdings are usually fairly autonomous from their parent country, having their own elected government and functioning similar to an associated state. Find real-time FUTU - Futu Holdings Ltd stock quotes, company profile, news and forecasts from CNN Business. They also provide enterprise business services such as ESOP management and IPO subscription services for corporate customers, which is highly complementary to their retail brokerage business. Here is a quote from the article: "On the track where financial licenses are strictly regulated and the Internet experience is integrated, Futu seems to be inconsistent with the industry's laws, but it is actually using R & D technology to build strong industry-leading barriers". Post-Market 2.49 (1.55%) In addition to the analyst reports from BOCI Group, Citigroup, Goldman Sachs, and UBS, here is a 27-page report from Capital Watch: Cheng, Honglan; Frank, Peter; Xu, Mingyi. Which industries do these Sub-Organization operate in? Help, my article got nominated for deletion! "非典型券商富途，疯狂投入技术研发到底值不值？" [Atypical brokerage Futu, is it worthwhile to invest in technology research and development?] Consensus has been that notability is not automatic in this (or any other) case. It is primarily engaged in the online brokerage services and margin financing services. Find the latest Futu Holdings Limited (FUTU) stock quote, history, news and other vital information to help you with your stock trading and investing. The company provides users with trade execution, margin financing, market data and information, and social networking services through our proprietary digital platform Futubull for three major markets including Hong Kong, US, and Chinese. list of Business-related deletion discussions, list of Companies-related deletion discussions, list of Hong Kong-related deletion discussions, "Futu initiated with a Neutral at Goldman Sachs", "Futu is the first big Chinese IPO of 2019: 5 things to know about the online brokerage", "Tencent-backed broker Futu confidentially files for up to $500 million U.S. IPO: sources", "Tencent-Backed Online Broker Futu Rises in Trading Debut", Wikipedia:Notability#General notability guideline, Wikipedia:Notability (organizations and companies)#Publicly traded corporations, https://ir.futuholdings.com/financials/analyst-coverage, https://en.wikipedia.org/w/index.php?title=Wikipedia:Articles_for_deletion/Futu_Holdings&oldid=961531500, Creative Commons Attribution-ShareAlike License, This page was last edited on 9 June 2020, at 01:10.
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