$Futu Holdings Ltd (FUTU.US)$ May I ask what causes the plun...
$Futu Holdings Ltd (FUTU.US)$ May I ask what causes the plunge in the Futu stock price? Is the company in trouble?
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Thelord : Regulation from China
oneM : crazy
Mike Hoi Thelord : But their clients not in china most of them in south east asia
Alpaca9 OP Thelord : read about the China regulation. But Futu had issued a press statement on it and clarified its stand on compliance.
娜娜的粉丝 : FUTU 80% client is in HK and SG
Thelord Mike Hoi : at least 30% China clients. It might get away with a small fine but in the meantime, there is no support until at least 40