Moomoo Singapore

Keep cash on the sidelines, but get a better return on it: Moomoo Singapore  - THE EDGE SINGAPORE

Special Feature

Keep cash on the sidelines, but get a better return on it: Moomoo Singapore

Money Market Funds are gaining popularity among investors as a viable alternative investment.
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.
Analysts maintain 'buy' on CapitaLand Ascott Trust with lower TPs following slower growth - THE EDGE SINGAPORE

Broker's Calls

Analysts maintain 'buy' on CapitaLand Ascott Trust with lower TPs following slower growth

Receding reopening tailwinds are likely to result in slower growth for subsequent quarters.
Analysts trim estimates and TPs on FCT after 2HFY2023 and FY2023 results - THE EDGE SINGAPORE

Broker's Calls

Analysts trim estimates and TPs on FCT after 2HFY2023 and FY2023 results

The analysts' target prices range from $2.12 to $2.60.
Retail investors are getting bullish on the Singapore stock market: Moomoo Singapore - THE EDGE SINGAPORE

Special Feature

Retail investors are getting bullish on the Singapore stock market: Moomoo Singapore

According to Moomoo Singapore, 70% of survey respondents think they will trade Singapore stocks in the next six months.
New investors must work hard, use common sense and read research reports: MooFest 2023 panel - THE EDGE SINGAPORE

Banking & finance

New investors must work hard, use common sense and read research reports: MooFest 2023 panel

“What makes us uniquely human is the ability to make good decisions in an environment with incomplete information.”

Investing ideas

Top investment themes among Singapore investors are energy, technology, Asia and healthcare, says Moomoo Singapore

As at June 18, Moomoo Singapore’s assets under management (AUM) grew by 33% in the past seven months to hit $7 billion.

Fintech

Moomoo Singapore introduces 24-hour US stock trading

Retail investors can capitalise on short-term price movements and trade without needing to adhere to US time zones.
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.
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