$Futu Holdings Ltd (FUTU.US)$ Futu is really a good company ...
$Futu Holdings Ltd(FUTU.US$ Futu is really a good company with high quality service, easy to use products. Just like many Chinese excellent tech companies. If there will be a giant internet broker coming out, I think it’ll be Futu, but the question is whether there will be in china or not. In the finance industry, successful brokers and financial institutions are all backed up by government. Also what futu mainly does may have serious problems, because it’s about “moving money overseas”.
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TigerZ : They didnt have a brokerage license ?
AaronMaOP TigerZ: Futu registered as a hongkong company to make advantage of it, but it has lots of customers from mainland. So it may face some regulations any time that government wants