本文源自：金融界AI电报 瑞和数智(03680.HK)发布公告，为实现本集团收入来源多元化，本集团计划通过比特大陆(服务提供商) 提供的服务开展加密货币业务，具体形式为云挖矿服务。据董事所知，服务提供商及其最终实益拥有人 均为本公司的独立第三方。 ...

证券研究报告·海外公司点评·非银金融 富途控股（FUTU） 2025 年半年报点评：全球业务增长态势强劲 2025 年 08 月 21 日 买入（维持） | Table_EPS] [盈利预测与估值 | 2023A | 2024A | 2025E | 2026E | 2027E | | --- | --- | --- | --- | --- | --- | | 营业总收入（百万港元） | 10,008 | 13,590 | 19,158 | 23,991 | 30,301 | | 同比（%） | 31.45% | 35.79% | 40.97% | 25.22% | 26.30% | | 归母净利润（百万港元） | 4,279 | 5,443 | 9,520 | 11,811 | 15,035 | | 同比（%） | 46.19% | 27.21% | 74.90% | 24.07% | 27.30% | | EPS-最新摊薄（港元/股） | 3.84 | 4.89 | 8.55 | 10.61 | 13.51 | | P/E（现价&最新摊薄） | 45.20 | 35.53 | 20.32 | 16.37 | ...

本文源自：金融界AI电报 据报道，Robinhood今日有望首次收于1000亿美元市值大关之上，其股价也有望创下新高。眼下投资者 将数以十亿美元计的资金投入股市，利用关税波动进行交易，并涌入期权市场。Robinhood也在积极扩 张其加密货币业务，推陈出新。 ...

Core Viewpoint - 2024 is seen as a breakthrough year for Futu Holdings, with significant growth in revenue and net profit driven by global market recovery and strategic expansion in overseas markets [1][3]. Financial Performance - Futu Holdings reported a total revenue of HKD 135.9 billion (approximately USD 17.5 billion) for 2024, representing a year-on-year increase of 35.8% [3]. - The net profit for the year grew by 27% to HKD 54.3 billion (approximately USD 6.9 billion), with Non-GAAP net profit increasing by 26.2% [1][3]. - In Q4 2024, total revenue reached HKD 44.33 billion (approximately USD 5.71 billion), a remarkable year-on-year increase of 86.8% [3][4]. - Non-GAAP net profit for Q4 was HKD 19.52 billion (approximately USD 2.51 billion), showing a staggering growth of 105.4% year-on-year [3][4]. Business Segments - Trading commissions and fees were the main revenue drivers, with Q4 2024 income from this segment reaching HKD 20.57 billion (approximately USD 2.65 billion), a year-on-year surge of 127.6% [3][4]. - Interest income also contributed significantly, amounting to HKD 20.22 billion (approximately USD 2.6 billion) in Q4, reflecting a 51.8% increase [4]. - Other income, including wealth management and enterprise services, reached HKD 3.53 billion (approximately USD 454 million) in Q4, a year-on-year increase of 157% [4][5]. User Growth and Market Expansion - As of December 31, 2024, the number of asset-holding clients surged by 41% to 2.41 million, while total users grew by 16.2% to 25.1 million [7]. - Total client assets increased by 53.1% year-on-year to HKD 743.3 billion [7]. - The company has successfully penetrated seven major markets, including the U.S., Singapore, Australia, Japan, Canada, Malaysia, and Hong Kong, benefiting from favorable market conditions [3][7]. Strategic Initiatives - Futu is focusing on deep localization strategies in overseas markets, enhancing product offerings and customer experiences to attract local investors [8]. - The company is transitioning from a trading platform to a comprehensive financial services provider, with a notable shift in revenue structure [8][9]. - R&D expenses increased slightly by 3.7% to HKD 14.9 billion, primarily directed towards AI trading tools and virtual banking products [9]. Future Outlook - Analysts predict continued growth for Futu, with expectations of a compound annual growth rate of 21% in earnings per share from 2025 to 2027 [12]. - The company aims to enhance its wealth management asset ratio to 20% by leveraging AI tools and expanding its cryptocurrency offerings [9][12]. - The overall sentiment in the Hong Kong market and strong performance in the U.S. are expected to drive further increases in trading revenue [12].