Core Insights - Futu Holdings (FUTU.US) reported a significant increase in revenue and net profit for Q2 2025, with total revenue reaching HKD 53.11 billion (approximately USD 6.77 billion), a year-on-year growth of 69.7% [1] - The company's non-GAAP net profit for the same period was HKD 26.60 billion (approximately USD 3.39 billion), reflecting a remarkable year-on-year increase of 105.2% [1] Revenue Breakdown - Commission and fee income for Q2 was HKD 25.79 billion (approximately USD 3.29 billion), up 87.4% year-on-year [1] - Interest income rose to HKD 22.88 billion (approximately USD 2.92 billion), marking a 43.8% increase year-on-year [1] - Other income, which includes wealth management and corporate services, reached HKD 4.44 billion (approximately USD 5.66 million), showing a substantial year-on-year growth of 175.8% [1] User Growth and Engagement - As of the end of the quarter, Futu's registered users for the Futu NiuNiu and moomoo applications reached 27.12 million, with account numbers totaling 5.24 million, representing year-on-year growth of 17% and 30% respectively [1] - The number of asset-holding clients increased by 41% year-on-year to 2.88 million, while total client assets on the platform reached HKD 973.9 billion (approximately USD 124.1 billion), a year-on-year increase of 68% [1] Market Performance - The Hong Kong market demonstrated strong momentum, with net client inflows driving a double-digit quarterly increase in average client assets [2] - All overseas markets recorded double-digit growth in client assets on a quarterly basis, with Singapore achieving a milestone where one in every two residents uses moomoo [2] - The overall market conditions in Q2 led to a significant increase in trading activity on the Futu platform, with total trading volume soaring by 121% year-on-year to HKD 3.6 trillion, setting a new historical high [2]

Group 1 - The core viewpoint of the articles highlights Futu Holdings' strong financial performance in Q2 2025, with significant year-over-year growth in revenue and net profit [1] - Total revenue for Q2 2025 reached HKD 53.11 billion (approximately USD 6.77 billion), representing a year-over-year increase of 69.7% [1] - Non-GAAP net profit for the same period was HKD 26.60 billion (approximately USD 3.39 billion), showing a remarkable growth of 105.2% year-over-year [1] Group 2 - The breakdown of revenue sources indicates that trading commissions and fees generated HKD 25.79 billion (approximately USD 3.29 billion), up 87.4% year-over-year [1] - Interest income amounted to HKD 22.88 billion (approximately USD 2.92 billion), reflecting a 43.8% increase year-over-year [1] - Other income, including wealth management and corporate services, reached HKD 4.44 billion (approximately USD 5.66 million), with a substantial growth of 175.8% year-over-year [1] Group 3 - As of the end of the quarter, Futu's registered user base for its apps reached 27.12 million, with account numbers totaling 5.24 million, marking increases of 17% and 30% year-over-year, respectively [1] - The number of asset-holding clients grew by 41% year-over-year to 2.88 million, while total client assets reached HKD 973.9 billion (approximately USD 124.1 billion), a significant increase of 68% [1] - The Hong Kong market showed strong momentum, with net client inflows driving a double-digit quarterly increase in average client assets [2] Group 4 - The global market conditions contributed to a 121% year-over-year increase in total trading volume, reaching HKD 3.6 trillion, setting a new historical high [2] - In Singapore, the user base milestone was achieved, with one in every two residents using the moomoo platform, indicating the strengthening of Futu's competitive barriers in the global financial sector [2]

Core 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]

【财华社讯】富途控股(Nasdaq：FUTU)公布，截至2025年6月30日止第二季度，富途总营收为53.11亿港 元，按年增长69.7%；在非美国通用会计准则下(Non-GAAP)，净利润为26.6亿港元，按年增长105.2%。 按业务分类，第二季度交易佣金及手续费收入为25.79亿港元，按年增长87.4%；利息收入为22.88亿港 元，按年升43.8%；其他收入(包括财富管理、企业服务业务等)为4.44亿港元，按年增长175.8%。 截至期末，富途旗下富途牛牛和moomoo应用程式注册用户数达2,712万，帐户数达524万，按年分別增 长17%和30%；有资产客户数按年升41%至288万；平台客户资产达9,739亿港元，按年涨幅高达68%。 季度內，富途深化加密货币(Crypto)业务的全球部署，继香港和新加坡市场后，Crypto交易服务正式登 陆美国市场。截止季末，平台Crypto资产规模按季增长43%。 本文源自：财华网 ...

Group 1 - The core viewpoint of the articles highlights Futu Holdings' strong financial performance in Q2 2025, with significant revenue and profit growth driven by increased trading activity and user engagement [1][2] Group 2 - Futu Holdings reported total revenue of HKD 53.11 billion (approximately USD 6.77 billion) for Q2, representing a year-on-year growth of 69.7% [1] - The company's non-GAAP net profit reached HKD 26.60 billion (approximately USD 3.39 billion), marking a year-on-year increase of 105.2% [1] - Revenue from trading commissions and fees was HKD 25.79 billion (approximately USD 3.29 billion), up 87.4% year-on-year [1] - Interest income rose to HKD 22.88 billion (approximately USD 2.92 billion), reflecting a 43.8% year-on-year increase [1] - Other income, including wealth management and corporate services, surged to HKD 4.44 billion (approximately USD 56.6 million), a year-on-year growth of 175.8% [1] Group 3 - As of the end of Q2, Futu's registered user base for its platforms reached 27.12 million, with account numbers totaling 5.24 million, representing year-on-year growth of 17% and 30% respectively [1] - The number of asset-holding clients increased by 41% year-on-year to 2.88 million, with total client assets reaching HKD 973.9 billion (approximately USD 124.1 billion), a year-on-year increase of 68% [1] Group 4 - The Hong Kong market showed strong momentum, with net client inflows driving a double-digit quarterly increase in average client assets [2] - All overseas markets experienced double-digit growth in client assets, with Singapore achieving a milestone where one in every two residents uses the moomoo platform [2] - Futu's trading volume surged by 121% year-on-year to HKD 3.6 trillion, setting a new historical high [2]

Core Viewpoint Futu Holdings Limited reported strong financial and operational growth in the second quarter of 2025, driven by an increase in funded accounts, trading volume, and client assets, alongside successful international expansion efforts. Financial Highlights - Total revenues reached HK$5,310.9 million (US$676.6 million), a 69.7% increase year-over-year from HK$3,129.0 million [5] - Net income surged by 112.7% to HK$2,572.6 million (US$327.7 million) compared to HK$1,209.3 million in the same quarter of 2024 [15] - Non-GAAP adjusted net income increased by 105.2% to HK$2,659.8 million (US$338.8 million) [16] - Total gross profit rose by 81.6% to HK$4,639.9 million (US$591.1 million), with a gross margin of 87.4% [10] Operational Highlights - Funded accounts grew to approximately 2.9 million, up 40.9% year-over-year and 7.6% quarter-over-quarter [3] - Total client assets reached a record high of HK$973.9 billion, an increase of 68.1% year-over-year [4] - Total trading volume for the quarter was HK$3.59 trillion, up 121.2% year-over-year [4] - The company added over 204 thousand new funded accounts during the quarter, a growth of 31.6% year-over-year [3] Market Expansion - Over half of the total funded accounts are now from clients outside of Futu Securities Hong Kong, marking a significant milestone in international expansion [3] - The company launched crypto trading in most U.S. states and became the official sponsor of the New York Mets, enhancing its brand presence in the U.S. [3] - In Japan, Futu hosted its inaugural offline investment event, MooFest Japan, attracting over 12 thousand investors [3] Client Engagement - The funded account quarterly retention rate remained above 98%, indicating strong client loyalty [3] - Total client assets in wealth management reached HK$163.2 billion, up 104.4% year-over-year [4]

Core Insights - HHLR Advisors, a fund management platform under Hillhouse Capital, disclosed its US stock holdings as of Q2 2025, managing over $3.1 billion in assets with a concentration of over 90% in its top ten holdings, primarily in Chinese concept stocks [1][2] Group 1: Major Holdings - The largest holding is Pinduoduo, with 6,976,804 shares valued at approximately $730.19 million, representing 21.94% of the portfolio. Hillhouse increased its position by about 414,228 shares, a 6.31% increase from the previous quarter [1][3] - The second-largest holding is Futu, with 4,312,237 shares valued at around $532.95 million, accounting for 12.46% of the portfolio. Hillhouse also increased its stake in Futu, although the increase was modest [2][3] Group 2: Financial Performance of Futu - Futu's Q1 revenue was HKD 4.695 billion (approximately $603 million), reflecting an 81.1% year-over-year growth. The net profit under Non-GAAP was HKD 2.217 billion (approximately $285 million), up 97.7% year-over-year [4] - Futu's Q1 trading commissions and fees revenue was HKD 2.31 billion (approximately $297 million), a 113.5% year-over-year increase. Interest income reached HKD 2.071 billion (approximately $266 million), up 52.9% year-over-year [4] Group 3: Market Outlook - UBS anticipates that Futu's Q2 revenue and net profit after tax will exceed market expectations due to strong client asset management growth and robust trading commission increases driven by market performance [5] - Hillhouse has also initiated a position in WeBull Securities, holding 33.08 million shares valued at $395 million, which has become its third-largest holding, representing 12.74% of the portfolio [6]

Core Viewpoint - Futu Holdings Limited will report its financial results for the second quarter of 2025 on August 20, 2025, before U.S. markets open [1] Group 1: Financial Reporting - The earnings conference call will take place on August 20, 2025, at 7:30 AM U.S. Eastern Time [1] - Participants must pre-register for the conference call using a provided link [2] - Confirmation emails will include participant dial-in numbers and personal PINs for access to the call [3] Group 2: Company Overview - Futu Holdings Limited is a tech-driven online brokerage and wealth management platform [1] - The company offers fully digitalized financial services through its platforms, Futubull and moomoo [4] - Services include trade execution, margin financing, securities lending, and wealth management, along with corporate services like IPO distribution and investor relations [4]

Core Insights - Moomoo has launched a new 36-foot high, double-sided display at Citi Field, enhancing brand visibility among millions of baseball fans [1][2] - The collaboration with the New York Mets includes opportunities for fans to experience premium seating and entertainment in the moomoo Suite [2] - Moomoo has experienced a significant increase in app downloads and brand visibility since the start of the baseball season, catering to over 26 million investors [3] Company Initiatives - Moomoo's partnership with the Mets features a commercial starring pitcher Edwin Diaz, highlighting the parallels between stock trading and baseball [4] - The company is actively engaging with New York communities to promote investor education and brand awareness [5] - Moomoo has introduced a special fund that adds $10,000 for every Mets win, with a potential grand prize of $1 million for investors if the team achieves 100 regular season victories [5] Brand Engagement - Moomoo is organizing giveaways, including 500 free game tickets on "moomoo Mondays" for users, and exclusive merchandise [5] - The prominent signage at Citi Field is expected to enhance brand visibility and engagement with fans [6][5] Company Background - Moomoo is a global investment and trading platform that provides user-friendly tools and insights for informed investment decisions [8] - The company operates in multiple countries, including the US, Singapore, Australia, Japan, Canada, and Malaysia, and is a subsidiary of Nasdaq-listed Futu Holdings [9]

Core Insights - Moomoo is celebrating the New York Mets' achievements with a $20,000 giveaway as the team approaches its 50th win of the 2025 MLB season [1] - The company has established a strategic partnership with the Mets, pledging $10,000 for each team victory, with the first prize awarded to a user after the Mets reached 25 wins [2] Group 1: Partnership and Promotions - Moomoo's partnership with the Mets includes a special prize fund that increases with each milestone win, potentially leading to a $1 million grand prize for a lucky investor [2] - Fans are encouraged to create a moomoo account and make a qualifying deposit for a chance to win the $20,000 prize after the Mets' 50th win [4] - Moomoo will host "Moomoo Mondays" at Mets games, giving away up to 500 free tickets during every Monday home game of the 2025 regular season [5] Group 2: Company Overview - Moomoo is a global investment and trading platform that provides user-friendly tools and insights to empower investors [6] - The company operates in multiple countries, including the US, Singapore, Australia, Japan, Canada, and Malaysia, and is a subsidiary of Nasdaq-listed Futu Holdings [7] - Moomoo has received numerous accolades for its innovative approach to investing from industry leaders [7]