Futu Holdings Shows Promising Post-IPO Trajectory [Seeking Alpha]
Futu Holdings Limited (FHL)
Company Research
Source: Seeking Alpha
Futu Holdings Shows Promising Post-IPO Trajectory Quick Take In May, Futu Holdings ( FHL The firm has developed an online stock brokerage and wealth management system for Chinese consumers interested in investing in overseas stock markets. FHL has produced strong financial results since its IPO, continues to invest in new services, and looks well-positioned to take advantage of a potential reduction in volatility and negative U.S China trade tensions. Company Hong Kong-based Futu Holdings was founded in 2011 to develop its Futu NiuNiu brokerage system to enable China-based investors to purchase stocks outside the country. Management is headed by Founder and CEO Mr. Leaf Hua Li, who previously headed Tencent’s multi-media business and innovation activities. The company’s primary sources of revenue are its trading execution fees and margin finance services that allow approved users to trade with greater leverage. Customer Acquisition Futu serves the ‘emerging affluent’ Chinese investor
Show less
Read more
Impact Snapshot
Event Time:
FHL
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
FHL alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
FHL alerts
High impacting Futu Holdings Limited news events
Weekly update
A roundup of the hottest topics