Futu

Source: Wikipedia, the free encyclopedia.
Futu Holdings, Ltd
Company typePublic
IndustryConglomerate
FoundedOctober 2012; 11 years ago (2012-10)
FounderLeaf Hua Li (Chinese: 叶子哥)
HeadquartersAdmiralty, Hong Kong
Area served
Worldwide
Key people
Leaf Hua Li
ProductsDiversified investments
Total assetsHK$87.1 billion as of (2019)
Number of employees
561[1]
SubsidiariesMoomoo, Inc
Websitewww.futuholdings.com/en-us

Futu Holdings Limited (

Leaf Li is a former employee of Tencent.[2] The company originally traded as NASDAQ symbol FHL,[3]
but changed to FUTU.

Futu, raised $90 million in an initial public offering on the Nasdaq on March 8, 2019.[4]

Moomoo

Moomoo Inc., a subsidiary of Futu, is a U.S.-based financial services company headquartered in Palo Alto, California that allows customers to trade US stocks, Chinese stocks, Hong Kong stocks, ETFs, and options.[5] Moomoo, Inc was founded in March 2018. The platform was created specifically for U.S. customers.[6][7][8]

References

  1. ^ "Futu is the first big Chinese IPO of 2019: 5 things to know about the online brokerage". Market Watch. Retrieved 6 May 2020.
  2. ^ "Futu Holdings Ltd - Company Profile and News". www.bloomberg.com.
  3. ^ "Futu Announces NASDAQ Ticker Symbol Change to "FUTU"". news.usaonline.us.
  4. ^ Cheng, Evelyn (March 20, 2019). "China's tech-savvy millennials are fueling interest in US stocks". CNBC.
  5. ^ "Moomoo - Stock trading App with free commissions, investing in Options, ETFs". www.moomoo.com.
  6. ^ "SECURITIES AND EXCHANGE COMMISSION FORM F-1 REGISTRATION STATEMENT Futu Holdings Limited". U.S. Security and Exchange Commission. Retrieved 6 May 2020.
  7. ^ "Moomoo Trading App Review 2021 + 8 Free Stocks (Worth $2,200)".
  8. ^ Wang, Eudora (March 18, 2019). "Tencent-Backed Online Broker Futu Targets US Expansion After NASDAQ IPO".


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