Futu Holdings Limited received a notice and pre-penalty letter from the China Securities Regulatory Commission (CSRC) for conducting securities, fund sales, and futures business in mainland China without proper licenses. The CSRC proposes fines totaling about RMB1.85 billion (USD271 million) and a personal fine on CEO Li Hua. Futu plans to cooperate fully, defend its position, and has already taken steps to rectify operations in China. The company’s international business remains unaffected and continues to grow.
Rosen Law Firm is investigating potential securities claims against Futu Holdings following allegations that the company issued misleading business information. The probe comes after China announced a crackdown on brokers, including Futu, for operati...
Futu Holdings Limited announced it has repurchased approximately $160 million worth of its American depositary shares as part of its share repurchase program initiated in November 2025. This move reflects the company's strategy to enhance shareholder...
Futu Holdings Ltd.'s stock plunged over 30% following a notice from the China Securities Regulatory Commission (CSRC) about unlicensed securities and futures business conducted by its entities in China and Hong Kong. The CSRC proposed penalties total...
Futu Holdings Limited announced it received a Notice of Investigation and an Administrative Penalty Pre-Notification Letter from the China Securities Regulatory Commission related to its operations in mainland China. This regulatory action caused a d...
Futu Holdings (FUTU) has been upgraded to a 'Strong Buy' rating following its Q4 and full-year 2025 results, which showed a 45.3% year-over-year revenue increase and an 80.2% rise in net income. The company also exceeded new funded accounts guidance ...
