NasdaqGM:FUTUCapital Markets
Futu Holdings (NasdaqGM:FUTU): Reassessing Valuation Following Strong Q2 Earnings Beat and Global Expansion Momentum
If you’re following Futu Holdings (NasdaqGM:FUTU), this week’s second quarter earnings report is probably on your radar for good reason. The company delivered a huge year-over-year jump in revenue and net income, outperforming even the most optimistic expectations. Much of this momentum comes from a sharp increase in new customers, growing assets under management, and the rollout of new features, particularly the launch of crypto trading for U.S. clients. These moves appear aimed squarely at...