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$Futu Holdings Ltd (FUTU.US)$ Futu legally listed in usa and...

$Futu Holdings Ltd(FUTU.US)$ Futu legally listed in usa and Singapore.  any risk?
moomoo share purchase in overseas, china govt can seize too?
hope not prosperity funds sponsporship again..
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  • greymatters : No local risk for the platform in US or SG. Risk is mainly of losing new mainland Chinese clients using the app in Hong Kong, and therefore revenue. It is not entirely clear what % of clients are currently mainland chinese. (Some reports say up to 40%, but this seems to be last year data). Overseas business and clients are not affected

  • shy Cheetah_0241 : Can they take your meal from McDonald’s while you stand in line waiting. They have a McDonald’s there too. The only thing they can do is effect price by droping pr’s and leaking story’s. I bet it is all set up so they can buy up tons of shares and ride it back to 60. I heard they were doing bad. I wasn’t being a smart ass at first but it is really about the same. I picked up 20 maybe it works maybe not we will see. Good luck

  • shy Cheetah_0241 greymatters : You are better trowing darts In a dark room and trying to hit the board and use that number. It will be more accurate then any numbers released by the cCp  and the company’s will not use numbers that contradict them.  

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