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Futu Holdings, Ltd

From EverybodyWiki Bios & Wiki


Futu Holdings, Ltd
Public
Traded as
ISIN🆔
IndustryConglomerate
Founded 📆
Founder 👔Leaf Hua Li
Headquarters 🏙️Hong Kong
Area served 🗺️
Worldwide
Key people
Leaf Hua Li
Products 📟 Diversified investments
Total assetsHK$87.1 billion as of (2019)
Members
Number of employees
561[1]
SubsidiariesMoomoo, Inc
🌐 Websitewww.futuholdings.com/en-us
📇 Address
📞 telephone

Futu Holdings Limited operates as a holding company in digitized brokerage and wealth management platform in Hong Kong, China, the United States, and internationally. The largest investor of Futu as of 2019 is Tencent. Founder Leaf Li is a former employee of Tencent.[2] The company originally traded as NASDAQ symbol FHL,[3] but changed to FUTU.

Futu, raised $90 million in an initial public offering on the Nasdaq on March 8, 2020.[4]

Moomoo Inc., a subsidiary of Futu, is a U.S.-based financial services company headquartered in Pal Alto, California that allows customers to trade stocks, ETFs, options, and foreign stocks.[5] Trades can only occur via the company's mobile app. Moomoo, Inc was founded in March 2018. The platform was created specifically for U.S. customers.[6][7][8]

References

  1. "Futu is the first big Chinese IPO of 2019: 5 things to know about the online brokerage". Market Watch. Retrieved 6 May 2020.
  2. "Bloomberg - Are you a robot?". www.bloomberg.com.
  3. "Futu Announces NASDAQ Ticker Symbol Change to "FUTU"". news.usaonline.us.[permanent dead link]
  4. Cheng, Evelyn (March 20, 2019). "China's tech-savvy millennials are fueling interest in US stocks". CNBC.
  5. "Moomoo - Stock trading App with free commissions, investing in Options, ETFs". www.moomoo.com.
  6. "SECURITIES AND EXCHANGE COMMISSION FORM F-1 REGISTRATION STATEMENT Futu Holdings Limited". U.S. Security and Exchange Comission. Retrieved 6 May 2020.
  7. "Moomoo Trading App Review 2020 + 2 Free Stocks (Value up to $1,200)".
  8. Wang, Eudora (March 18, 2019). "Tencent-Backed Online Broker Futu Targets US Expansion After NASDAQ IPO".


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