FUTU Stock Recent News
FUTU LATEST HEADLINES
KINS, FFBC and FUTU made it to the Zacks Rank #1 (Strong Buy) value stocks list on March 24, 2025.
Futu Holdings (FUTU) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Shares of major Chinese tech and consumer stocks such as tech conglomerates Alibaba (BABA -4.32%) and Tencent (TCEHY -5.01%), as well as digital online broker Futu Holdings (FUTU -5.01%) were all falling today. They were down 4.3%, 5.6%, and 5.2%, respectively, as of 1:49 PM ET.
Futu Holdings Limited posted strong Q4 2024 results, with revenue up 87.8% over the year, driving a $10 stock price gain. Despite a downgrade from Seeking Alpha's Quant rating, Futu's momentum in client acquisition and market expansion, especially in Hong Kong and Singapore, remains strong. Futu's strategic use of AI and diversified product offerings, including cryptocurrency and wealth management, aim to meet varied client demands and enhance satisfaction.
Three stocks are setting up with rising profit estimates on Investor's Business Daily's stock screener. Futu and Atour are also on the IBD 50.
Online giants JD.com and Alibaba are among Chinese stocks near buy points as stimulus hopes trump tariff fears. The post China Stocks Are Hot: These Five Are Near Buy Points appeared first on Investor's Business Daily.
Futu Holdings Limited (NASDAQ:FUTU ) Q4 2024 Earnings Conference Call March 13, 2025 7:30 AM ET Company Participants Daniel Yuan - Head, Strategy & IR Leaf Li - Chairman & CEO Arthur Chen - CFO Robin Xu - SVP Conference Call Participants Emma Xu - Bank of America Securities Cindy Wang - China Renaissance Chiyao Huang - Morgan Stanley Charles Zhou - UBS You Fan - CICC Peter Zhang - JP Morgan Zoey Zong - Jefferies Hanyang Wang - 86Research Alan Chan - Citi Jian Wang - Goldman Sachs Operator Hello, ladies and gentleman. Welcome to Futu Holdings Fourth Quarter and Full Year 2024 Earnings Conference Call.
JERSEY CITY, N.J. , March 13, 2025 /PRNewswire/ -- Moomoo's parent company Futu Holdings Ltd.
HONG KONG, March 13, 2025 (GLOBE NEWSWIRE) -- Futu Holdings Limited (“Futu” or the “Company”) (Nasdaq: FUTU), a leading tech-driven online brokerage and wealth management platform, today announced its unaudited financial results for the fourth quarter and full year ended December 31, 2024.
Chinese stocks ripped higher today, as the Chinese government issued its gross domestic product (GDP) target for 2025 and detailed forthcoming stimulus it plans to inject into the country's ailing economy. Hong Kong's Hang Seng index rose 2.8%.