First Quarter 2024 Operational Highlights
Total number of paying clients1 increased 23.5% year-over-year to 1,887,270 as of March 31, 2024.
Total number of registered
First Quarter 2024 Operational Highlights
Total number of paying clients1 increased 23.5% year-over-year to 1,887,270 as of March 31, 2024.
Total number of registered
Key Takeaways:
Futu’s fee-based revenue rose 5.3% in the third quarter, while its overall revenue jumped 36% on a big increase in its interest income
Analysts were excited about the company’s recent move into Japan, though Futu cautioned the market could be tough as more local brokers offer zero-commission trading