congratulations 🥳

In 2021, Futu turns 9 years old. Having accompanied millions of users for 9 years.
As we celebrate our 9th birthday, we look back into the past and try to uncover memorable moments, and found that every unforgettable moment was spent with you—our dear users:
In 2012, Futu embarked on an exciting journey with you.
In 2019, we were listed on the Nasdaq.
In 2020, we onboarded our 10 millionth user.
In 2021, we advanced into more markets across the globe, welcoming more than 15.5 million users from over 200 countries and regions…
As we celebrate our 9th birthday, we feel ever more motivated by our founding vision: “make investing easier and not alone”. It is the millions of users in our community that make investing “not alone”. These 9 years with you are the best time that we have ever spent.
As we celebrate our 9th birthday, we would like you to know: We wish to continue accompanying you on your investing journey ahead, for the next 9 years or even 90 years.
As we celebrate our 9th birthday, we sincerely want to invite you - our dear users - to share your moomoo stories in the past years.
[About the Event]
We wish to invite our users to share their moomoo stories and 9 representative users will be selected. If you are interested, please send your moomoo story or your self-introduction to the official email address: futupr@futunn.com.
The email should include: (ideally 300-500 words, the more the better)
-Your name,  moomoo ID,  Nationality, Occupation
-Your moomoo story: When you started using Futu services and products via moomoo; what you want to share with us and fellow users
-A casual photo of yourself or a photo of you with a moomoo figurine (optional, less than 5M)
[What to Do If I Am Selected as a Representative User?]
① You should be willing to take an interview themed "My moomoo Story", which will be disseminated via global and Futu/moomoo official media channels in the form of image and text.
② You should be willing to take a photo against a pure-colored background or a photo that presents your daily life. The photo will be used for the poster of "Futu 9th Anniversary—Representative Users", which will be disseminated globally.
③ You should be willing to participate in a video filming. The video will be used for the video of "Futu 9th Anniversary—Representative Users", which will be disseminated globally.
*Detailed information on the specifications of the photos and videos will be further discussed with you by our staff.
[Application Period]
September 16 – September 22
[Gift Package for Selected Users]
If you are selected as a representative user, share your Futu story, and participate in the photo taking and video filming, you will receive a US$999 stock card*, and a lucky bag containing exquisite moomoo merchandise.
[Gift Package for Event Participants]
User that actively participated in the Event but are not selected will receive 999 points* as a thank you gift.
*T&Cs apply:
Singapore Users: tap to read full T&Cs
U.S. Users: tap to read full T&Cs

Buffett Indicator is the percentage of the total market cap relative to the US GDP. According to Warren Buffett, such an indicator is probably the best single measure of where valuations stand at any given moment.
How does the Buffett Indicator work?
In 2001, Warren Buffett said 75% to 90% are reasonable; over 120% suggests the stock market is overvalued.
As of Aug 28 2021, the Total Market Index is at US$ 46.88 trillion, about 206% of the US GDP, signaling the market is heavily overvalued.
Did Buffett Indicator work well?
Let's see the historical chart of the Buffett Indicator. The ratio reached 140% in 2000, portending the dot-com bubble which eventually burst. The NASDAQ fell by 75% from March 2000 to October 2002.
The ratio also reached 155% in Feb 2020, followed by the pandemic crash that caused the S&P500 Index to drop from 3393 to 2192, a 35% correction. However, stock market quickly bounced, doubling from the dip.
And when the ratio breaks 200%, we are witnessing history undoubtedly.
Will this time be different? 
With interest rates at historic lows, there is a voice in the market that "this time is different". 
Cathie Wood said: GDP statistics evolved during the Industrial Age and do not seem to be keeping up with the digital age. Thanks to productivity, real GDP growth probably is higher and inflation lower than reported, suggesting that the quality of earnings has increased significantly.
Overall, if the stock market is a game, you have to stay in the game before you beat the game. The Buffett Indicator can be a tool to relocate where we are in the stock market. It's never too late to do our due diligence and control the risk to gain a long-term return. 
Do you think the Buffett Indicator is useful? Should we pay close attention or just ignore it? What should we do in response to such an indicator? 
Rewards:
Click "Enter Now" to post before Sep 3, and based on the quality and originality,
5 mooers will win 2,000 points
10 mooers will win 1,000 points
Don't forget to click "Enter Now" to win!

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