Futu Holding-W: Delayed listing
The latest statement from the Securities Regulatory Commission! We welcome the redetermination of US regulators based on regulatory expertise
The US Public Company Accounting Supervisory Board (PCAOB) recently released a report confirming that it can complete the inspection and investigation of mainland Chinese and Hong Kong accounting firms in 2022, and revoke the 2021 certification of relevant firms.
Stock prices and performance go hand in hand! A number of Chinese securities surged in November, up to more than 80%
The Nasdaq China Golden Dragon Index has risen nearly 30% during the month, and is expected to record the biggest monthly increase in history. The third quarter earnings report exceeded expectations as one reason why China Securities strengthened. Tencent Music, Pinduoduo, Bilibili, Kuaishou and other companies all experienced sharp increases in stock prices after the results were announced.
J.P.Morgan remained Overweight on FUTU and raised the target price from $62.00 to $70.00
On November 22, J.P.Morgan remained Overweight on $Futu Holdings Ltd(FUTU.US)$ and raised the Dec-23 target price from $62.00 to $70.00.
Futu Announces Third Quarter 2022 Unaudited Financial Results
CICC: Maintains Futu Holdings' “outperform the industry” rating, with a maximum target price of 66.66 US dollars
CICC released a rating report on November 12, saying that maintaining Futu Holdings' “outperform the industry” rating, the highest target price was 66.66 US dollars, up 17.98% from the previous highest target price.
DBS initiates coverage on FUTU with BUY rating, TP of $55.
On October 24, DBS initiated coverage on FUTU with BUY rating and a target price of US$55.DBS pointed out the following highlights on FUTU:Well positioned to capture structural global wealth boom and
China Renaissance added Futu in their Model Portfolio with TP of $56.4
On September 7, China Renaissancereleased a research report on their Model Portfolio adjustments.
JPMorgan upgraded FUTU from Neutral to Overweight and raised the target price from $55.00 to $62.00
On September 1, JPMorgan upgraded FUTU from Neutral to Overweight and raised the target price from $55.00 to $62.00.
Goldman Sachs remained Neutral on FUTU with TP of $47.93
On August 30, Goldman Sachs released a research report and gave $Futu Holdings Ltd(FUTU.US)$ a Neutral rating with a $47.93 price target.
Jefferies Maintained Buy and Raised TP to US$49.5 on Futu
On August 31, Jefferies released a research report on $Futu Holdings Ltd(FUTU.US)$ with a BUY rating.
Morgan Stanley remained Equal-weight on FUTU with TP of US$53.00
On August 30, Morgan Stanley released a research report and gave $Futu Holdings Ltd(FUTU.US)$ an Equal-weight rating with a US$53 price target.
Futu Announces Second Quarter 2022 Unaudited Financial Results
Relevant officials of the China Securities Regulatory Commission answered reporters' questions on the signing of the Sino-US Audit and Supervision Cooperation Agreement
The China Securities Regulatory Commission, the Ministry of Finance and US regulators signed audit and supervision cooperation agreements.
China Securities Regulatory Commission, Ministry of Finance and US regulators sign audit and supervision cooperation agreements
The China Securities Regulatory Commission, the Ministry of Finance and US regulators signed audit and supervision cooperation agreements.
Read one picture | 4 days in a row! US stocks and Chinese securities are collectively in turmoil, rising more than 30%
Analysts pointed out that the collective rise in platform stocks may be related to the National Standing Committee's release of signals supporting the healthy development of private enterprises and the platform economy, which boosted investor confidence. Undervaluation, combined with exceeding expected performance, positive policy expectations, and revised market expectations, contributed to a major rebound in China's Internet assets.
Futu Holdings (FUTU. US) Subsidiary Futu Trust obtains trust business license from the Monetary Authority of Singapore
$Futu Holdings (FUTU.US) $ announced that its subsidiary Futu Trust Singapore Limited recently obtained a trust business license from the Monetary Authority of Singapore (MAS).
Asset management giant BG's latest holdings revealed! Tesla is still a heavy stock. Q2 increased its NIO holdings sharply and cleared Alibaba's stock
Moderna is the largest heavy-duty stock, with a market capitalization of 6.5 billion US dollars; the top ten holdings include popular stocks such as Nvidia and Amazon; it increased its holdings of NIO drastically, reduced its holdings of Chinese securities such as Pinduoduo, Bilibili, and Baidu, and cleared Alibaba and JD.
Read it in one picture | It outperformed the US stock market by a large margin in June! China Securities has a unique landscape
The overall performance of China Securities was remarkable in June. Ideal Auto rose more than 52%, Xiaopeng Motor and Shell both rose more than 30%, Pinduoduo rose nearly 23%, and Alibaba rose more than 18%.
Read in one chart | With a cumulative increase of more than 80% in ten days, who led the strong rebound of China Securities?
As of June 8, Pinduoduo had accumulated a cumulative increase of more than 75% over the past ten trading days, making a strong recovery from its decline during the year; Ali and Jingdong rose more than 45% and 34% respectively during the same period.
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