Futu Holdings Limited Sponsored ADR (FUTU) appears an attractive pick, as it has been recently upgraded to a Zacks Rank #1 (Strong Buy). This rating change essentially reflects an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.The Zacks rating relies solely on a company's changing earnings picture. It tracks EPS estimates for the current and following years from the sell-side analysts covering the stock through a consensus measure -- the Zacks Consensus Estimate ...

Shares of Futu Holdings Limited Sponsored ADR (FUTU) have been struggling lately and have lost 7.8% over the past week. However, a hammer chart pattern was formed in its last trading session, which could mean that the stock found support with bulls being able to counteract the bears. So, it could witness a trend reversal down the road.The formation of a hammer pattern is considered a technical indication of nearing a bottom with likely subsiding of selling pressure. But this is not the only factor that make ...

HONG KONG, June 07, 2024 (GLOBE NEWSWIRE) -- Futu Holdings Limited ("Futu" or the "Company") (NASDAQ:FUTU), a leading tech-driven online brokerage and wealth management platform, today announced that it had completed a HKD440 million investment in Gravitation Fintech HK Limited, the parent company of Airstar Bank, a Hong Kong licensed virtual bank. Following the investment, Futu has become the second largest beneficial owner holding indirectly 44.11% of Airstar Bank. About Futu Holdings Limited Futu Holding ...

HONG KONG, June 07, 2024 (GLOBE NEWSWIRE) -- Futu Holdings Limited (“Futu” or the “Company”) (Nasdaq: FUTU), a leading tech-driven online brokerage and wealth management platform, today announced that it had completed a HKD440 million investment in Gravitation Fintech HK Limited, the parent company of Airstar Bank, a Hong Kong licensed virtual bank. Following the investment, Futu has become the second largest beneficial owner holding indirectly 44.11% of Airstar Bank. About Futu Holdings Limited Futu Holdin ...

Investors looking for stocks in the Technology Services sector might want to consider either Futu Holdings Limited Sponsored ADR (FUTU) or Elastic (ESTC) . But which of these two stocks offers value investors a better bang for their buck right now? We'll need to take a closer look.There are plenty of strategies for discovering value stocks, but we have found that pairing a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system produces the best returns. The Zacks Rank is ...

富途控股（FUTU）24Q1业绩点评 业绩环比修复，上调全年净增入金客户数指引 2024年05月29日 ➢ 事件：2024年5月28日，公司发布24Q1业绩，24Q1收入25.9亿港元， yoy+4%，qoq+9%；净利润10.4亿港元，yoy-13%，qoq+18%；Non-GAAP 净利润11.2亿港元，yoy-12%，qoq+18%。 ➢ 交易额反弹驱动经纪佣金收入增长，利息收入维稳。1）经纪佣金收入为10.8 [T able_Author] 亿港元，yoy+0%，qoq+20%。24Q1 总交易额 1.3 万亿港元，yoy+10%， qoq+40%，其中美股交易额1万亿港元，yoy+26%，qoq+48%，占比总交易 额78%；港股交易额2804亿港元，yoy-25%，qoq+18%，占比总交易额21%。 经纪佣金收入增速显著低于交易额增速，主要系美股高股价股票交易热度较高导 致混合佣金率同/环比分别下降0.7bps/1.4bps所致。2）利息收入为13.5亿港 元，yoy+5%，qoq+1%，同比增长主要系银行存款利息收入增长以及日均融资 分析师 易永坚 余额提升带来的融资利息收入增长，环比增长主要 ...

Torsten Asmus/iStock via Getty ImagesElevator Pitch Futu Holdings Limited (NASDAQ:FUTU) is assigned a Buy investment rating. I previewed Futu Holdings' financial results for the final quarter of the prior year in my February 22, 2024 article. This latest write-up analyzes FUTU's most recent financial disclosures. FUTU recorded above-expectations revenue and EPS for Q1 2024. The company's future looks bright, given that its new client net additions guidance for the current year was revised upwards by +14 ...

Futu Holdings Limited (NASDAQ:FUTU) Q1 2024 Earnings Call Transcript May 28, 2024 7:30 AM ET Company Participants Daniel Yuan - Chief of Staff to CEO and Head of IR Leaf Li - Chairman and CEO Arthur Chen - CFO Conference Call Participants Chiyao Huang - Morgan Stanley Katherine Lei - JPMorgan Operator Hello, ladies and gentlemen, welcome to Futu Holdings First Quarter 2024 Earnings Conference Call. At this time, all participants are in a listen-only mode. After management's prepared remarks, there will be a ...

Exhibit 99.1 Futu Announces First Quarter 2024 Unaudited Financial Results HONG KONG, May 28, 2024 (GLOBE NEWSWIRE) -- Futu Holdings Limited ("Futu" or the "Company") (Nasdaq: FUTU), a leading tech-driven online brokerage and wealth management platform, today announced its unaudited financial results for the first quarter ended March 31, 2024. First Quarter 2024 Operational Highlights ● Total number of paying clients increased 23.5% year-over-year to 1,887,270 as of March 31, 2024. ● Total number of registe ...

HONG KONG, May 28, 2024 (GLOBE NEWSWIRE) -- Futu Holdings Limited ("Futu" or the "Company") (NASDAQ:FUTU), a leading tech-driven online brokerage and wealth management platform, today announced its unaudited financial results for the first quarter ended March 31, 2024. First Quarter 2024 Operational Highlights Total number of paying clients1 increased 23.5% year-over-year to 1,887,270 as of March 31, 2024.Total number of registered clients2 increased 15.4% year-over-year to 3,812,326 as of March 31, 2024.To ...