Shanying International's low P/S ratio indicates investor skepticism about future revenue growth, influenced by recent underperformance. Market sentiment reflects doubts about near-term price appreciation.

k

July 2024 was a landmark month for Futu. The Hong Kong Securities and Futures Commission (SFC) approved an uplift to Futu Securities' Type 1 license, enabling it to provide virtual asset dealing services to Hong Kong investors. With this regulatory approval, Futu's vision in Web3.0 officially kicked off. Just one month later, Futu launched its crypto trading service in Hong Kong with "secure, licensed, $0 commission" t...