Futu Holdings Limited (FUTU:Nasdaq), China's leading digital financial technology company, announced today that the number of Fortune customers officially exceeded one million as of July 17, an increase of 185000 or nearly 22.7 per cent over the 815000 customers disclosed in its Q1 financial report, and more than 39.3 per cent more than the number of new customers at the end of 2019. So far, the total number of users of Futu is close to 10 million. Since then, Futu has successfully entered the ranks of "millions of" customer platforms in the field of US stock brokerages in Hong Kong, firmly ranked as the industry leader, and further expanded its leading position in the industry.
Li Hua, founder, chairman and chief executive of Futu Holdings Limited, said: "Futu always insists on doing the right thing instead of doing the easy thing." For a long time, Fortune has always adhered to the license plate and technology first and paid attention to user value, thus creating a safe and extremely online trading experience and diversified products and services, which is the fundamental reason for the sustained rapid growth in the number of customers. "
"in the first half of this year, driven by factors such as the global epidemic and stock market volatility, the demand for online investment surged, especially as large high-quality enterprises such as JD.com and NetEase, Inc returned to Hong Kong for listing in the second quarter. Online trading of Hong Kong stocks and US stocks has become more popular. As a securities firm adhering to full-line business, Futu was able to give full play to its leading scientific and technological advantages during this period to further meet the needs of online investment, financial management and communication. "
Since its inception, Fortune has always been based on the compliance license qualification exhibition industry, and currently holds 24 license qualifications around the world, including the Hong Kong Securities Regulatory Commission issued by the Hong Kong Securities Regulatory Commission, such as the financial license of 1x2x4x5x9and US securities brokerage license. it is one of the few dual-licensed securities firms in China, which can provide all-round protection for customers' accounts, funds and transaction security. At the same time, Futu also insists on using technology and product two-wheel drive to independently develop the underlying trading system, in order to continuously innovate users' pain points in account opening, gold deposit, trading and other links, so as to provide customers with high-quality online account opening and trading experience for US and Hong Kong stocks.
Specifically, through the independently developed one-stop digital financial services platform, Futu Niuniu provides nearly 10 million individual investors with stock trading, margin trading, market data, wealth management, information, social networking and other services in the three major markets of Hong Kong stocks, US stocks and A-share Link. Different from other platforms, Futuo Niuniu platform not only provides full terminal coverage of Mac, Windows, iOS, Android, Open API and iPad, but also provides 20 real-time in-depth quotations of US and Hong Kong stocks, free financial information, rich investment courses, 24-hour customer service and other products and services to fully meet the needs of investors for online investment and financial management anytime and anywhere.
Full terminal coverage of Futuo Niuniu platform
In addition to the C-end business, FUTU launched its corporate service brand, Fortune E, last year, providing corporate services such as employee stock ownership plan (ESOP) solutions and IPO distribution to B-end corporate customers. In the first half of this year, in order to strengthen the communication between investors and enterprises, Futu Niuniu platform specially launched a free online roadshow program to provide a variety of online roadshow services for enterprises. including performance meetings, conference calls, product conferences, executive interviews, listing bells, and so on. At present, Fu Tu has served nearly 100 corporate roadshows, and more than 100 well-known companies at home and abroad, such as Tesla, Inc., have successfully settled in Fu Tu Niuniu Community, and successfully built a communication bridge between major enterprises and individual investors.
Li Hua also said, "for Fortune, the number of customers to break through the million mark is a very important milestone." This figure means that Fortune has entered a new stage of development, we serve a growing customer base, the scale of business continues to expand, which puts forward higher requirements for our products and services. On the basis of our existing technological advantages, we will continue to improve, cultivate products and services, and develop and optimize more online business experiences to meet and adapt to the growing investment needs of our customers. It is believed that this will also win more room for growth and continue to expand the leading edge of the industry. "(CIS)