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 totaling around RMB 1.85 billion, including fines and confiscation of illegal gains. Block & Leviton LLP is investigating potential securities law violations and encourages investors who suffered losses to contact them for possible recovery actions. Investors with non-public information are also urged to assist under the SEC whistleblower program, which offers rewards for original tips leading to recoveries.
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 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 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 total...
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 ...
Futu Holdings Limited announced it will report its financial results for Q1 2026 on May 28 before U.S. market open. The company will hold a live earnings conference call at 7:30 AM Eastern Time, with pre-registration required. This update is importan...
