FUTU(US:FUTU) Ge Long Hui·2025-11-17 09:46Core Viewpoint - Futu Holdings (FUTU.US) is set to release its earnings report on November 18, 2023, which is anticipated to catalyze short-term market movements due to upward revisions in performance expectations [1] Group 1: Financial Performance and Market Expectations - The upcoming third-quarter report is expected to show improved performance, leading to a positive market sentiment [1] - CICC has raised Futu's target price by 9% to $250, maintaining an outperform rating based on solid fundamentals and competitive positioning [1] Group 2: Business Growth and Valuation - Futu is experiencing accelerated overseas expansion and growth in its virtual asset business, which is expected to support long-term growth [1] - Current valuation metrics indicate that Futu is undervalued relative to its earnings growth, positive fundamentals, historical performance, and peers [1]