S&P Reaffirms Investment Grade Rating with Stable Outlook for Moomoo’s Parent Company Futu
July 26 -Moomoo’s parent company Futu Holdings Limited (Nasdaq: FUTU, “Futu”), a leading tech-driven online brokerage and wealth management platform, announced that its long-term issuer credit rating “BBB-” has been reaffirmed with a stable outlook by major global rating agency Standard & Poor’s (S&P). Meanwhile, S&P also maintained Futu’s “bbb” GCP (group credit profile) rating.
Generation Z are More Conservative Investors Than You May Think - Data from Financial Platforms Moomoo and Futubull Shows
New statistical data on investors collected via moomoo and Futubull highlights emerging investor behavior and trends including –
Full house as moomoo convened experts to beat inflation by investing
Singapore, 18 July 2022
Moomoo joins hands with Montfort Care (Big Love)to support child protection in Singapore
Employees from fast-growing, popular financial trading super-app moomoo leveraged their financial expertise to bring to fruition a meaningful CSR initiative.
Futu SG Strengthens Its Leading Position as The First Digital Brokerage to Receive Full SGX Memberships
Futu Singapore Pte. Ltd. ("Futu SG" or “Futu Singapore”), a subsidiary of Nasdaq-listed Futu Holdings (Nasdaq: FUTU) offering securities trading services via moomoo app in Singapore, had the gong-strike ceremony today to mark it becoming the first digital brokerage with full Singapore Exchange memberships.
Futu Singapore is the first digital brokerage to receive full memberships from SGX Group
JP Morgan kept an Overweight rating on FUTU, raised TP to $55 from $50
Futu's Q1 result was better than expected and earnings call takeaways are "net positive."
CSC Financial maintained Buy rating on FUTU with TP of $57.36
The Globalization strategy has progressed steadily, and the growth rate of users in Hong Kong and overseas markets has accelerated.
CICC maintained Outperform rating on Futu with TP of US$52.00
Futu Holdings is expected to emerge as a winner during the industry consolidation period, with its international expansion and steady product ecosystem optimization fueling long-term growth.
Futu achieves solid first-quarter growth amid market volatility with 67.9% yoy increase in paying clients
Moomoo’s parent company Futu Holdings Limited, a leading tech-driven online brokerage and wealth management platform, reported solid performance for the quarter ended March 31, 2022, with US$209.5 million (HK$ 1641.0 million) total revenues, and US$79.4 million (HK$622.2 million) non-GAAP adjusted net income.