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$Futu Holdings Ltd (FUTU.US)$ https://www.scmp.com/business/...
$Futu Holdings Ltd (FUTU.US)$
https://www.scmp.com/business/companies/article/3155255/no-respite-futu-tiger-brokers-chinese-state-media-reiterate
https://www.scmp.com/business/companies/article/3155255/no-respite-futu-tiger-brokers-chinese-state-media-reiterate
<<JPMorgan said a total clampdown on existing business of the online brokers was unlikely, according to its research report dated October 28.
“Our sensitivity test shows that assuming revenue contribution from mainland clients goes to zero in 2022, Futu would still be profit-making,” analyst Katherine Lei said.>>
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Jas1616 : As long China regulators don’t give a clear message. Stock price will trade sideways. Hopefully by year end can see some clear directions.
SANDRO 善子 : May be China have no Official Secrecy Act yet and the media news, the Influencer who spread rumors themselves also driving without license. Ha-Ha
Why believe them and not your own judgement?
T将军 : JPmorgan comment is positive on FUTU, at least FUTU can still survive
T将军 : survive without China users