$Futu Holdings Ltd (FUTU.US)$ once CCP or state owned invest...
$Futu Holdings Ltd(FUTU.US$ once CCP or state owned investment funds buy enough of Futu shares, it will announce that it will issue license to Futu. This is the trick.
No chinese customer acquisition means no Chinese employees needed since no activities need to run for chinese customers, then Futu might as well register as US or Singapore company. Would China want that? This means shrink China operations and expand international operations, in the end, it means loss for China as it means less jobs, less taxes collected and less ability to participate in shares appreciation of other markets.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
Ixy The Cat : Please stop adding to the FUD
102970152 : After buying more then enough, they will announce to merge MooMoo and Tiger, shares will shooting to the moon and cash in
102313005 : This guy is talking nonsense again