$Futu Holdings Ltd (FUTU.US)$They highly depend on transaction volume and now everyone is literally trading aggressively on it so it makes 100% sense for the scale.
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I think it correlates to the global market trend, now fed rate is reducing thus increasing purchasing power of customers hence the impulse purchase, so we have to be mindful as we ride along and watch closely on every single change of global event (example the upcoming election)