$Futu Holdings Limited (FUTU.US) $Release the unaudited financial results for the fourth quarter and the whole year of 2020:
Fortune Q4 has total revenue of US $153 million (about HK $1.19 billion), up 282% from a year earlier and has achieved triple-digit year-on-year growth for four consecutive quarters.Net profit under non-Non-GAAP reached US $71.31 million (about HK $550 million), a year-on-year increase of 1021%.
Q4 net increase in the number of asset customers is 99000, of which Hong Kong and overseas customers account for more than half.
In the fourth quarter, the trading volume of Fortune US stocks broke the US $100 billion mark, reaching US $101.1 billion (about HK $783.6 billion), accounting for 65% of the total trading volume.The leading edge of US stock business continues to expand.. During the period, Fortune won four new licences to implement the independent licensing strategy of the world's mainstream financial markets.
Based on license plate advantageFutu actively promotes the internationalization strategy.Officially entered the Singapore market in the first quarter of 2021 and deepened its layout in the US market.
As of Q4, the number of members of "Futu 10 billion Daxin Club" (subscription amount of more than HK $10 billion) has reached 22.The position of "the preferred Internet brokerage for the listing of US stocks in Hong Kong" has been further strengthened..
During the periodThe scale of elephant wealth asset management breaks through the 10 billion mark.The high-quality improvement of the scale of asset management has contributed to the upgrading of Futu's business model from transaction income-driven to asset-income-driven.
Edit / Ray Lydia