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Futu Announces HKD440 million Investment in Airstar Bank
Futu Holdings Limited (“Futu” or the “Company”) (Nasdaq: FUTU), a leading tech-driven online brokerage and wealth management platform, today announced that it had completed a HKD440 million investment in Gravitation Fintech HK Limited, the parent company of Airstar Bank, a Hong Kong licensed virtual bank.
Airstar Bank to Introduce Futu (FUTU.US)as New Shareholder
Airstar Bank announced that FUTU has injected capital to become its new shareholder. According to Airstar Bank, FUTU's capital injection is mainly to support the bank's business development and promote business diversification, as well as to facilitate the development of the industry ecosystem and help sustain the innovation and popularization of fintech in Hong Kong to deepen financial inclusion
Form 144 | Futu Holdings Ltd(FUTU.US) Director Proposes to Sell $2.13 Million in ADSs
SEC FILLINGS DISCLOSED/ Jun 3, $Futu Holdings Ltd(FUTU.US)$ Director Zhang Jie intends to sell 28,000 shares of its ADSs on Jun 5, with a total market value of approximately $2.13 million.
Deutsche Bank maintains its "Buy" rating and $94.4 price target on Futu Holdings
On May 29, Deutsche Bank released a research report, maintaining a "Buy" rating and $94.4 price target on Futu Holdings. Deutsche Bank pointed out the following highlights:Futu's 1Q24 earnings were 4%
BofA maintains "Buy" rating on Futu Holdings, raises target price to $85.8
On May 29, BofA released a research report, optimistic about FUTU's robust client growth and asset inflows, and raised the target price from $81.00 to $85.80.BofA pointed out the following highlights
Jefferies maintains "Buy" rating on Futu Holdings, raises target prices to $88.4
On May 29, Jefferies released a research report, maintained a "Buy" rating and raised the target price from $70.8 to $88.4. Jefferies pointed out the following highlights:Total revenue grew 3.7% YoY t