For Futu and UP Fintech, regulatory bombshell may finally clear global path forward
Hefty penalties from China's securities regulator for operating without necessary licenses remove a long-running overhang for the online brokerages Key Takeaways: Futu and UP Fintech have been fined a combined…
Futu makes bull run into Malaysia, as profits charge ahead
The online stock broker said it has been approved in principle for a license in the Southeast Asian country as its latest expansion in the region Key Takeaways: Futu’s revenue…
Futu profits charge ahead on soaring interest income, cost savings
The online brokerage that is increasingly boosting its global footprint reported its fourth-quarter profit rose 92%, fueled by similar growth in interest income Key Takeaways: Futu’s revenue grew 42% in…
UP Fintech Flexes Global Expansion Muscle With NYSE Membership
In its latest move to expand outside China, the online brokerage has become a member of the world’s largest stock exchange Key Takeaways: UP Fintech’s TradeUP Securities unit has become…
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