Feel free to buy
$Futu Holdings Ltd(FUTU.US$Futu's circulation market is only 3.8 billion, and it uses 300 million to buy back, which is equivalent to an 8% repurchase rate, which is quite impressive. Looks like Futu doesn't tolerate its market capitalization below $10 billion![]()
Please feel free to buy it. Conservative estimates suggest that it will close above $63 today and return above $80 within a month
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HJCHEN : Is there a link to the definitive message?
QianmengYu HJCHEN : Futu Holdings (FUTU.O), the parent company of internet brokerage firm Futu, announced the repurchase of American Depositary Receipts (“ADS”) worth US$300 million.
On the evening of November 3, Futu Holdings announced that it would repurchase American Depositary Receipts (ADS) worth up to 300 million US dollars, to be completed by December 31, 2022.