BRIEF: Futu profit doubles on heavy trading during stock market rally
Online brokerage Futu Holdings Ltd. (FUTU.US) said on Thursday its revenue jumped 86.8% in the fourth quarter to HK$4.43 billion ($570 million), fueled by higher trading volumes as investors rushed…
JF SmartInvest makes roaring, yet vulnerable, comeback on China stock rally
The investment educator’s net profit grew sharply last year, despite a large loss in the first half, amid strong demand for its products fueled by a bull run for Chinese…
Futu layoffs signal new phase of consolidation after rapid expansion
The company reportedly laid off about 200 people at its main base in Shenzhen, as it prepares to be ‘relatively disciplined’ in 2025 Key Takeaways: Futu has laid off about…
BRIEF: Tencent sells down Futu stake
Internet giant Tencent (0700.HK) has raised about $206 million by selling down its stake in online brokerage Futu Holdings Ltd. (FUTU.US), Bloomberg reported on Friday. It sold the stock at…
JF SmartInvest’s new product: Road to riches or desperate move to reignite growth?
The online financial educator is seeking to jumpstart its cooling growth with the launch of a stock-learning device equipped with its own content Key Takeaways: JF SmartInvest has rolled out…
UP Fintech reaps benefits from early move overseas
The online brokerage posted solid revenue growth in the first quarter as it gained traction in Hong Kong, its newest offshore market Key Takeaways: UP Fintech’s revenue increased 19% year-on-year…
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…
Recent Articles
RELATED ARTICLES
-
Futu layoffs signal new phase of consolidation after rapid expansion
FUTU.US
-
JF SmartInvest makes roaring, yet vulnerable, comeback on China stock rally
9636.HK
-
BRIEF: UP Fintech’s profit surges on stock market rally
TIGR.US
-
Vipshop gets left behind in China tech stock rally
VIPS.US
- Waton plays up fintech transformation, though without much evidence
-
Lianhe Sowell launches listing into stock market storm
LHSW.US
-
Soaring stock brokers, and rising tobacco
FUTU.US TIGR.US
