今日足球单场分析

今日足球单场分析-Capital Watch

今日足球单场分析

Futu Holdings Ltd.
NASDAQ: FUTU
Company Profile
Sector: Financial Services
Industry: Trading/Wealth Management
Sub-Industry: Online Brokerage
Futu Holdings Ltd. transforms the investment experience on its fully digitized “one-stop-shop” trading platform, primarily serving users in Hong Kong, China, and the United States.
Now a licensed securities brokerage firm serving more than 717,800 registered clients, Futu was founded by Leaf Hua Li in 2007 as an internet technology and software development services provider. Li was an early employee at Chinese technology conglomerate Tencent Holdings Ltd. (HKEX: 0700), where he participated in the creation of Tencent QQ and founded Tencent Video.
Futu's primary fee-generating services include trade execution and margin financing, which provide clients the ability to trade securities, such as stocks, warrants, options and ETFs, across different markets. Its digital platform, Futu NiuNiu, facilitates trading for Hong Kong, U.S., and China Connect stocks, and is accessible on any mobile device, tablet, or desktop. NiuNiu features market data and news, research and analytical tools, investment classes, and – significantly – social networking for improved user engagement. For U.S. investors, Futu is developing a similar trading platform called moomoo. Eventually, the app will have all the features of its Chinese counterpart.
In 2019, Futu also launched Money Plus, a one-stop asset allocation platform for clients who want to manage their discretionary stock trading and wealth management all in one place. 
In addition, Futu offers corporate services to institutional clients, which includes establishing and administering the platforms of their employee stock option plans (ESOP) and providing IPO subscription services in Hong Kong and New York. In addition, Futu offers corporate services to institutional clients, which includes establishing and administering the platforms of their employee stock option plans (ESOP) and providing IPO subscription services in Hong Kong and New York.
Futu holds a hefty stack of operating licenses. In Hong Kong, Futu has its own clients, assets and clearing abilities, so the company is not dependent upon third parties to execute its trades. In the United States, Futu obtained a clearing license in June 2019. The company has also applied for a virtual banking license in Hong Kong.
With commission rates typically one-fifth of rates offered by leading brokers in Hong Kong, according to research firm Oliver Wyman, Futu attracts mostly younger, tech-savvy investors. The company's clients are, on average, 34 years old with high income. Nearly half of its clients work in internet, information technology, or the financial services industries.
Major institutional investors in Futu include Tencent, Matrix Partners, and Sequoia Capital. Futu has a long-term partnership with Tencent to cooperate in traffic, content, and cloud infrastructure.
As of Dec. 31, 2019, the company had a user base of 7.5 million with more than 717,800 registered clients and 198,400 clients with assets in Futu trading accounts. For 2019, the company recorded HK$872.7 billion in total trading volume for clients. It held HK$87.1 billion in client assets at the year-end, up 71% from 2018.
For the full year 2019, Futu reported revenues of $136.3 million, up 31% from 2018, and income growth of 20% to $21.3 million, or 16 cents per ADS.
Corporate Information
Address:
11/F, Bangkok Bank Building
No. 18 Bonham Strand W, Sheung Wan
Hong Kong S.A.R., People's Republic of China
Phone: (Hong Kong) +852 2523-3588
Email: ir@futuholdings.com
Web url:
Key Executives
Mr. Leaf Hua Li, CEO
Mr. Leaf Hua Li, the company's founder, chairman and chief executive officer, has rich experience and expertise in the technology and internet sectors in China. Prior to founding Futu, Li had served in several senior management roles at Tencent, including as the head of Tencent's multi-media business and its innovation center. Having joined Tencent in 2000, Li was the 18th founding employee of the company and earned 23 international and domestic patents while working at Tencent. Li received his bachelor's degree in computer science and technology from Hunan University in 2000. Li serves as the director of the board's Nominating and Corporate Governance Committee.
Mr. Ppchen Weihua Chen, CTO
Mr. Ppchen Weihua Chen, the company's chief technology officer since July 2015, was the head of Tencent QQ's back-end services from 2003 to 2013 and was in charge of the security, maintenance and big data areas of Tencent's Weixin from 2013 to 2015. Chen received his bachelor's degree in science from Shenyang University of Technology in 2001.
Mr. Arthur Yu Chen, CFO
Mr. Arthur Yu Chen, Futu's chief financial officer, joined the company in September 2017. Chen was a director at Citigroup Global Markets Asia Ltd. from 2009 to 2016 in its equity business. Chen received his master's degree in business administration from China Europe International Business School in 2005.
Ms. Brenda Pui Man Tam
Ms. Brenda Pui Man Tam, director of the board's Audit Committee, was a partner at the Beijing office of PricewaterhouseCoopers China and Hong Kong from 2007 to 2016. She is a fellow member of the Hong Kong Institute of Certified Public Accountants and the Association of Chartered Certified Accountants in the United Kingdom.
Mr. Vic Haixiang Li
Mr. Vic Haixiang Li, director of the board's Compensation Committee, is the founder and managing partner of Virtus Inspire, and is also a co-founder of Tencent. Li received his bachelor's degree in computer software from South China University of Technology in 1994 and his master's degree in business administration from China Europe International Business School in 2017.
Investor FAQs
1. When was Futu established?
Futu had its beginning in December 2007 when Shenzhen Futu Network Technology Co. Ltd. was launched in the PRC to provide internet technology and software development services.

Futu Securities International (Hong Kong) Ltd., or Futu International Hong Kong, was incorporated under the laws of Hong Kong in April 2012.
2. When does Futu's fiscal year end?
Futu's fiscal year ended Dec. 31.
3. On which exchange is Futu's stock traded, and what is the ticker symbol?
Futu’s stock is traded on the Nasdaq Global Market under ticker symbol "FUTU".
4. How many Futu ordinary shares does one American Depositary Share (ADS) represent?
Each American Depositary Share represents 8 ordinary shares.
5. Where can I obtain a copy of Futu's annual report?
Annual reports are available via this website. All SEC documents are also accessible online through the Filings page.
6. Who is Futu's U.S. legal counsel?
Skadden, Arps, Slate, Meagher & Flom LLP.
7. Who is Futu's Depositary Bank for ADSs?
Futu's Depositary Bank in the U.S. is The Bank of New York Mellon.
8. How many employees does Futu have?
Futu had 585 employees as of December 31, 2018.
Board Members
Mr. Leaf Hua Li, CEO
Mr. Leaf Hua Li, the chairman of the board of directors and the director of nominating and corporate governance committee, is an internet guru and an early research and development participant of Tencent QQ. Mr. Li was the 18th founding employee of Tencent, and has 23 international and domestic patents while working there. Mr. Li received his bachelor's degree in computer science and technology from Hunan University in 2000.
Ms. Brenda Pui Man Tam
Ms. Brenda Pui Man Tam, director of the board's Audit Committee, was a partner at the Beijing office of PricewaterhouseCoopers China and Hong Kong from 2007 to 2016. She is a fellow member of the Hong Kong Institute of Certified Public Accountants and the Association of Chartered Certified Accountants in the United Kingdom.
Mr. Vic Haixiang Li
Mr. Vic Haixiang Li, director of the board's Compensation Committee, is the founder and managing partner of Virtus Inspire, and is also a co-founder of Tencent. Li received his bachelor's degree in computer software from South China University of Technology in 1994 and his master's degree in business administration from China Europe International Business School in 2017.
Qualifications
■  Registered broker by SFC(CE No. AZT137)
■  SFC types 1, 2, 4, 5,7and 9 licenses holder
■  U.S. FINRA Securities brokerage licenses holder
Investors
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