$Futu Holdings Ltd (FUTU.US)$ Half the revenue is due to cur...
Half the revenue is due to current high interest rate, what would be the net income if interest rate is back to norm?
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fluidmotion : maths is hard
70161762 : high interest rate has tourmoiled the market a lot. looks at svb, unqualified management weren’t be able to manage money. FUTU’s management group does better than a lot of stupid C-suit in USA.
70161762 : and to answer your question, when the rate back to normal. all stocks are flying. It would only benefit FUTU a lot more.
102969523 : Then other attributes have to increase to make up for the overall GP. This is biz
Ixy The Cat : Futu has increased its customer base so there is higher transactions. With more people trading on margin, so higher interest rate is good for Futu but bad for its customers.