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Corporation
INTERNET | Internet Software & Services / Asset & Financial Management & Trading
futu5.com

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Founded Year

2011

Stage

IPO | IPO

Total Raised

$215.5M

Date of IPO

3/8/2019

Market Cap

6.09B

Stock Price

73.51

About Futu Securities

Futu5.com (NASDAQ: FUTU) focuses on providing online stock trading services for companies listed in Hong Kong and the U.S.

Futu Securities Headquarter Location

Room C1-2 13/F Unity Centre 95 Queensway

Sheung Wan,

Hong Kong

+852 25233588

Latest Futu Securities News

Tencent to establish independent oversight board for personal privacy protection

Oct 18, 2021

In July, Didi was removed  from app stores in China following its USD 4.4 million IPO on the New York Stock Exchange. The Chinese government cited concerns that the ride-hailing giant might share sensitive data with foreign entities. Alibaba’s fintech affiliate, Ant Group, is also under pressure to share its massive data trove with state-backed credit-scoring firms. Tencent was heavily criticized in state media reports last week due to its stake in Futu, a US-listed company that runs Futu Securities, a China-based online brokerage service. People’s Daily published an article on October 14, saying that apps like Futu and Xiaomi-backed Tiger Securities pose risks to Chinese users’ data privacy. The author of the article suggested that the companies may provide information to the US Securities and Exchange Commission if a demand is made. China’s private firms are not allowed to share any personal data with foreign entities without permission from regulators, according to the PIPL . Online trading platforms providing international brokerage services to Chinese investors now face legal and compliance risks, People’s Daily said. The share prices of Futu and Tiger plunged by 12% and 21%, respectively, on Thursday after the companies said they would comply with China’s data privacy laws and relevant regulations. China’s securities watchdog is now formulating a slew of new rules to oversee app-based retail investments in the public markets, Securities Times reported. Regulators will continue to scrutinize the internet sector, the minister of industry and information technology said in an interview on Sunday. Share

Predict your next investment

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Research containing Futu Securities

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CB Insights Intelligence Analysts have mentioned Futu Securities in 4 CB Insights research briefs, most recently on Jun 9, 2021.

Expert Collections containing Futu Securities

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Futu Securities is included in 4 Expert Collections, including Wealth Tech.

W

Wealth Tech

1,109 items

A category of financial technology that is digitizing & streamlining the delivery of wealth management. Included: Startups that offer technology-enabled tools for active and passive wealth management for retail investors and advisors.

F

Fintech 250

248 items

2

2018 Fintech 250

250 items

250 of the most promising private companies applying a mix of software and technology to transform the financial services industry.

F

Fintech

19,054 items

Excludes US-based companies

Futu Securities Web Traffic

Rank
Page Views per User (PVPU)
Page Views per Million (PVPM)
Reach per Million (RPM)
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Futu Securities Rank

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