Futu’s stock price plummeted after the fourth quarter revenue was worse than expected

FAST NEW: Futu plummets on revenue miss

The Latest:  Online brokerage Futu Holdings Ltd. (FUTU.US) on Thursday reported its fourth-quarter net profit fell 8.4% year-on-year to HK$878 million ($112 million), though its full-year profit rose 46.2% to HK$4.28 billion. Looking Up:  The company’s…
Futu records big profit growth

Futu squeezes growth from product, geographic diversity

The online broker’s core fee-based revenue grew 5.3% in the third quarter, as many of its customers took shelter in U.S. treasuries amid stock market turbulence Key Takeaways: Futu’s fee-based…

UP Fintech talks up TigerGPT as new investor tool

The online broker says its investment chatbot won’t pick stocks, but could ease the ‘overwhelming feeling’ investors get from sifting through ‘mountains of scattered data and information’ Key Takeaways: UP…