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Highlights from the Quarterly Results:
FUTU beat revenue and profit expectations. Quarter 4 net income almost doubled from the year before. At price of $44, FUTU is now trading below PE Ratio of 17, which in my opinion, is low, considering FUTU’s high growth potential and the expected renewed uptrend in China stocks that we are starting to see from mid-March.
Investor Conference Call Highlights:
1) New market expansion: FUTU is planning to expand int...
FUTU beat revenue and profit expectations. Quarter 4 net income almost doubled from the year before. At price of $44, FUTU is now trading below PE Ratio of 17, which in my opinion, is low, considering FUTU’s high growth potential and the expected renewed uptrend in China stocks that we are starting to see from mid-March.
Investor Conference Call Highlights:
1) New market expansion: FUTU is planning to expand int...
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