Futu, Tiger extend losses as Chinese securities regulator reportedly refine regulations
Departments including the China Securities Regulatory Commission are working to improve the rules in line with the requirement that all financial activities should be fully regulated.
Futu says it always actively cooperates with regulation in response to user info security concerns
Futu says it will continue to actively cooperate with regulators in its efforts and ongoing efforts to protect personal information.
Futu, Tiger Brokers shares plunge pre-market as Chinese official media flag user info security concerns
According to an article in the online edition of the People's Daily, the issue of personal information of mainland citizens leaving the country may become a new test for Futu and Tiger Brokers.
Futu reports Q4 revenue of $153 million, up over 280% year on year
Hong Kong-based stockbroker Futu Holdings reported total revenue of $153 million in the fourth quarter of 2020, up 282% year on year, marking its fourth consecutive quarter of triple-digit growth.