Financial PerformanceAnalyst maintains a BUY rating and lifts the target price to USD 90, reflecting increased confidence in Futu's performance and growth trajectory, underpinned by strong earnings guidance and rising trading volumes.
Market ExpansionFutu's timely overseas expansion into Malaysia and Japan is set to support long-term growth, with new clients in Malaysia already surpassing 100,000, indicating robust market penetration.
Product DevelopmentThe launch of Japanese shares and the promise of more products later this year positions Futu to accelerate client acquisition and asset inflows, enhancing its product offering and market reach.