$Futu Holdings Ltd (FUTU.US)$ Futu Announces First Quarter 2...
$Futu Holdings Ltd(FUTU.US$
Futu Announces First Quarter 2022 Unaudited Financial Results
June 6, 2022
HONG KONG, June 06, 2022 (GLOBE NEWSWIRE) -- Futu Holdings Limited (“Futu” or the “Company”) (Nasdaq: FUTU), a leading tech-driven online brokerage and wealth management platform, today announced its unaudited financial results for the first quarter ended March 31, 2022.
First Quarter 2022 Operational Highlights
• Total number of paying clients1increased 67.9% year-over-year to 1,326,163 as of March 31, 2022.
• Total number of registered clients2increased 48.7% year-over-year to 2,910,995 as of March 31, 2022.
• Total number of users3 increased 27.1% year-over-year to 18.1 million as of March 31, 2022.
• Total client assets declined 16.5% year-over-year to HK$386.0 billion as of March 31, 2022.
• Daily average client assets were HK$388.2 billion in the first quarter of 2022, an increase of 0.9% from the same period in 2021.
• Total trading volume in the first quarter of 2022 declined 41.0% year-over-year to HK$1.3 trillion, in which trading volume for US stocks was HK$848.3 billion, trading volume for Hong Kong stocks was HK$447.8 billion, and trading volume for stocks under the Stock Connect was HK$27.6 billion.
• Daily average revenue trades (DARTs)4 in the first quarter of 2022 declined 34.0% year-over-year to 595,992.
• Margin financing and securities lending balance declined 6.8% year-over-year to HK$25.5 billion as of March 31, 2022.
Futu Announces First Quarter 2022 Unaudited Financial Results
June 6, 2022
HONG KONG, June 06, 2022 (GLOBE NEWSWIRE) -- Futu Holdings Limited (“Futu” or the “Company”) (Nasdaq: FUTU), a leading tech-driven online brokerage and wealth management platform, today announced its unaudited financial results for the first quarter ended March 31, 2022.
First Quarter 2022 Operational Highlights
• Total number of paying clients1increased 67.9% year-over-year to 1,326,163 as of March 31, 2022.
• Total number of registered clients2increased 48.7% year-over-year to 2,910,995 as of March 31, 2022.
• Total number of users3 increased 27.1% year-over-year to 18.1 million as of March 31, 2022.
• Total client assets declined 16.5% year-over-year to HK$386.0 billion as of March 31, 2022.
• Daily average client assets were HK$388.2 billion in the first quarter of 2022, an increase of 0.9% from the same period in 2021.
• Total trading volume in the first quarter of 2022 declined 41.0% year-over-year to HK$1.3 trillion, in which trading volume for US stocks was HK$848.3 billion, trading volume for Hong Kong stocks was HK$447.8 billion, and trading volume for stocks under the Stock Connect was HK$27.6 billion.
• Daily average revenue trades (DARTs)4 in the first quarter of 2022 declined 34.0% year-over-year to 595,992.
• Margin financing and securities lending balance declined 6.8% year-over-year to HK$25.5 billion as of March 31, 2022.
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