FUTU(US:FUTU) Sou Hu Cai Jing·2025-08-21 03:38Core Insights - Futu Holdings reported strong financial results for Q2 2025, with total revenue of HKD 53.11 billion (approximately USD 6.77 billion), a year-on-year increase of 69.7% [2] - The company achieved a non-GAAP net profit of HKD 26.60 billion (approximately USD 3.39 billion), reflecting a year-on-year growth of 105.2% [2] - The number of registered users for Futu's platforms reached 27.12 million, with active accounts increasing by 30% year-on-year to 5.24 million [2] Financial Performance - Revenue breakdown for Q2 includes: - Trading commissions and fees: HKD 25.79 billion (approximately USD 3.29 billion), up 87.4% year-on-year [2] - Interest income: HKD 22.88 billion (approximately USD 2.92 billion), up 43.8% year-on-year [2] - Other income (including wealth management and corporate services): HKD 4.44 billion (approximately USD 56.6 million), up 175.8% year-on-year [2] - Total customer assets on the platform reached HKD 973.9 billion (approximately USD 124.1 billion), a year-on-year increase of 68% [2] Market Expansion - Futu's internationalization efforts have led to over 50% of asset clients being from overseas markets [3] - The company launched crypto trading services in the U.S. market, following its expansion in Hong Kong and Singapore [4] - The platform's crypto asset scale grew by 43% quarter-on-quarter [4] Technological Advancements - Moomoo AI has been deployed across seven overseas markets, enhancing decision-making support for global investors [4] - The platform's AI capabilities have processed nearly 2 million user inquiries since its launch in March [4] Product and Service Development - Futu has introduced various trading capabilities, including U.S. stock options in Japan and IPO leverage financing in Malaysia [5] - The company is enhancing its wealth management services, with total assets under management (AUM) doubling year-on-year to HKD 163.2 billion (approximately USD 20.8 billion) [7] Brand and Community Engagement - Futu is strengthening its local operations by extending offline touchpoints in key urban areas [6] - The company has organized investment education projects and events to engage local investors in Japan and Malaysia [6]