Futu Holdings

Benign STI seen as investors pivot to foreign markets, growth stocks - THE EDGE SINGAPORE

Special Event

Benign STI seen as investors pivot to foreign markets, growth stocks

Investors can look into diversifying across different asset classes such as stocks, bonds, mutual funds or even commodities

Results

Moomoo Singapore's paying clients increase by 25% y-o-y for 3QFY2023 with parent company revenue up 42.3% y-o-y

Nasdaq-listed Futu Holdings reported total revenue of US$338.5 million for 3QFY2023.
Moomoo Singapore’s user base exceeds 25% of market share as parent company’s FY2022 gross profit grows by 12.0% y-o-y - THE EDGE SINGAPORE

Results

Moomoo Singapore’s user base exceeds 25% of market share as parent company’s FY2022 gross profit grows by 12.0% y-o-y

In FY2022, Futu’s total revenues grew by 7.0% y-o-y to HK$7.61 billion.

IPO

Futu Holdings abruptly delays Hong Kong listing

Futu said it was “clarifying certain matters” with the Hong Kong Stock Exchange in a Thursday filing, without elaborating.

Fintech

Tencent-backed Futu to trade in Hong Kong hedging US risks

Futu’s Class A shares are expected to trade from Dec 30.
The art of investing - bridging the accessibility gap for the masses - THE EDGE SINGAPORE

Special Feature

The art of investing - bridging the accessibility gap for the masses

Investing, which was once seen as unapproachable by the majority, is now almost regarded as a necessity and with good reason.

Company in the news

Futu Holdings' AUM surpasses HK$30 bil

In Singapore, moomoo’s wealth management asset balance has also grown four-fold since its 3QFY2022 results.

Results

Futu Holdings reports total revenue of US$247.9 mil in 3QFY2022

During the 3QFY2022, moomoo itself saw new paying clients in Singapore increase by about a third sequentially.

Investing ideas

Almost 9 in 10 Singaporeans surveyed agree that investing is the best strategy to protect wealth amid inflation: FUTU

The survey, which polled 1,444 Singaporeans from Sept 15 to 22, was done to gauge the impact of inflation on financial decisions.

Markets

Futu Singapore joins SGX as securities and derivatives trading and clearing member

The latest addition brings the number of trading members and clearing members in SGX Group’s securities market to 27 and 26.
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