Chinese stocks surged today after the government announced its GDP target for 2025 and outlined new stimulus measures to support the struggling economy. The Hang Seng index in Hong Kong increased by 2.8%.
HONG KONG, Feb. 25, 2025 (GLOBE NEWSWIRE) -- Futu Holdings Limited (“Futu” or the “Company”) (Nasdaq: FUTU), a top online brokerage and wealth management platform powered by technology, has announced that it will release its financial results for the fourth quarter and the entire year ending December 31, 2024, before the U.S. markets open on March 13, 2025.
Investors interested in the Technology Services sector may want to look at Futu Holdings Limited Sponsored ADR (FUTU) or Symbotic Inc. (SYM). The question is, which of these two stocks offers a better value for investors at this moment?
Futu Holdings is a great investment choice because of its strong growth in revenue and net income, even with regulatory issues in mainland China. The company's international growth through the Moomoo brand has helped it diversify its income and lessen its reliance on the Chinese market. With good operating leverage, a strong financial position, and a low forward PE ratio, Futu offers an attractive investment opportunity.
On November 26, 2024, MNDY, FUTU, and VST were included in the Zacks Rank #1 (Strong Buy) list of momentum stocks.
JERSEY CITY, N.J., Nov. 19, 2024 /PRNewswire/ -- Futu Holdings Ltd., the parent company of Moomoo,
HONG KONG, Nov. 19, 2024 (GLOBE NEWSWIRE) -- Futu Holdings Limited (“Futu” or the “Company”) (Nasdaq: FUTU), a top online brokerage and wealth management platform powered by technology, has released its unaudited financial results for the third quarter that ended on September 30, 2024.
HONG KONG, Nov. 05, 2024 (GLOBE NEWSWIRE) -- Futu Holdings Limited (“Futu” or the “Company”) (Nasdaq: FUTU), a top online brokerage and wealth management platform powered by technology, has announced that it will release its financial results for the third quarter, which ended on September 30, 2024, before the U.S. markets open on November 19, 2024.
Futu Holdings (FUTU) has received a Zacks Rank #1 (Strong Buy) upgrade, indicating increased confidence in the company's potential earnings. This could lead to a rise in the stock price soon.
Chinese stocks had a strong performance, with Trip.com Group (CTRP, Financial) standing out as its shares rose by 8%.