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Express News | Futu Securities has opened BNB spot trading to professional investors in Hong Kong.
PANews reported on July 24 that, according to an announcement by Futu Securities, Futu Securities International (Hong Kong) has taken the lead in offering compliant BNB spot trading services to eligible professional investors in Hong Kong, becoming the first licensed brokerage in the region to provide BNB order-book trading pairs and delivering transparent, real-time trading data to investors. As of July 24, the Futubull platform has expanded its range of tradable virtual currencies for both retail and professional investors to 21, including mainstream assets such as Bitcoin, Ethereum, Solana, and USDT. Futu stated that this addition of BNB trading in Hong Kong leverages the group's self-built virtual asset platform, PantherTrade, which lists tokens in compliance with Hong Kong SFC standards and seamlessly integrates with Futu's securities trading system, creating a complete closed-loop—from upstream compliant token listing to downstream instant trading. Looking ahead, Futu will continue to align with the SFC's A‑S‑P‑I‑Re roadmap, gradually incorporating more mainstream cryptocurrencies and innovative products within a compliant framework, injecting new momentum into Hong Kong's Web3 market and helping the city become Asia's leading virtual asset hub.
Morgan Stanley Says Futu's U.S. Event Contracts Are Off to a Good Start, Keeps Top Pick and $177 Target
Morgan Stanley maintained its “Overweight” rating, kept Futu as a Top Pick, and reiterated its $177 price target, implying about 81% upside from the June 12 closing price of $97.54.
SFC: Licensed Hong Kong firms may continue to serve existing mainland China clients, but must not provide services within mainland China.
Licensed firms in Hong Kong may continue to open new accounts for investors from mainland China (i.e., investors using a Chinese Resident Identity Card and/or a Chinese passport as proof of identity), provided that all account opening requirements are met.
Futu Remains Morgan Stanley's Top Pick; Price Target Cut to $177 After One-Off Mainland Business Adjustment
Morgan Stanley said in a June 2 report that it has lowered its earnings forecasts and price target for Futu after effectively writing off Mainland customer contribution, but maintained its “Overweight” rating and kept Futu as a Top Pick. The broker cut its price target from $225 to $177, implying about 70% upside from the report’s reference price of $104.07.
Futu Announces Investment Grade Rating Reaffirmed by S&P Global Ratings
HONG KONG, June 02, 2026 (GLOBE NEWSWIRE) -- Futu Holdings Limited (“Futu” or the “Company”) (Nasdaq: FUTU), a leading tech-driven online brokerage and wealth management platform, today announced
Barclays Maintains FUTU Overweight Rating and US$200 Price Target
Barclays released a report on May 29 stating that Futu faces near-term pressure from mainland China's new cross-border securities regulations, but its core operations remain resilient.