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What's the news?
$Futu Holdings Ltd (FUTU.US)$ Why the sharp drop in pre-market? What's bearish?
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Ant to Outer Space : https://www.channelnewsasia.com/business/china-warns-unlicensed-online-brokerages-they-are-breaking-law-2274406
Meme98 : https://www.channelnewsasia.com/business/china-warns-unlicensed-online-brokerages-they-are-breaking-law-2274406
SANDRO 善子 : Shortist playing a dirty game before the real NYSE supply and demand action. Just Hold snd wait till NYSE open at 9:30 US time
SANDRO 善子 : Share starts buying up. Hold your share till your target
Dynamic wildcat : if futu is to get into trouble, the other shares that are traded here are guaranteed by the custodian which is not futu anyway. so even if they rub the wrong side of chinese gov, they probably get a fine after which they become legit no more grey, look at alibaba meituan, etc which got fines and moved on. i say, this is like the second coming to load up.