HONG KONG, July 03, 2024 — Futu Holdings Limited (“Futu” or the “Company”) (Nasdaq: FUTU), a leading tech-driven online brokerage and wealth management platform, announced today that its wealth management business has crossed the $10 billion mark in assets under management (“AUM”).
Futu’s wealth management platform offers clients in Hong Kong and Singapore a variety of investment options, including mutual funds, private funds, bonds, and structured notes. Furthermore, Futu’s wholly-owned subsidiary, Moomoo Securities Malaysia Sdn. Bhd., has recently obtained approval for Institutional UTS Adviser (“IUTA”) registration from Federation of Investment Managers Malaysia (“FIMM”) to distribute wealth management products in Malaysia.
About Futu Holdings Limited
Futu Holdings Limited (Nasdaq: FUTU) is a cutting-edge technology company that is revolutionizing the investing experience by offering fully digital financial services. Through its proprietary digital platforms, Futubull and moomoo, the Company provides a comprehensive range of investment services, encompassing trade execution and clearing, margin financing and securities lending, and wealth management. The Company has integrated social media tools to foster a network centered around its users and connect users, investors, companies, analysts, media, and key opinion leaders. The Company also offers corporate services, including IPO distribution, investor relations, and ESOP solution services.
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