US Stock Market Move | Futu Holdings Ltd. Sponsored ADR Class A (FUTU.US) rose by 3%. Morgan Stanley: Cryptocurrency business expected to bring long-term incremental realization.
On Wednesday, FUTU Holdings (FUTU.US) rose by 3% to $176.39.
On Wednesday, Futu Holdings Ltd. Sponsored ADR Class A (FUTU.US) rose by 3% to $176.39. Morgan Stanley previously released a report stating that the company has not seen significant impact on customer acquisitions since ceasing to open accounts for mainland clients. The company's growth will mainly come from overseas markets and cryptocurrency services, the latter of which is expected to bring long-term incremental revenue. The rating of Futu Holdings has been maintained as "hold" with a target price of $210.
Related Articles
USPACE TECH (01725) plans to change its name to "China Technology Group Limited."
USPACE TECH(01725): Gu Lin appointed as executive director
Guangdong Enpack Packaging (002846.SZ) three shareholders plan to collectively reduce their holdings by no more than 6% of the shares.
USPACE TECH (01725) plans to change its name to "China Technology Group Limited."
USPACE TECH(01725): Gu Lin appointed as executive director
Guangdong Enpack Packaging (002846.SZ) three shareholders plan to collectively reduce their holdings by no more than 6% of the shares.
RECOMMEND
Comprehensive Subsidy Phase-Out: Is China’s Auto Market Nervous Ahead of Golden Week?
30/09/2025
“A+H” Listing Momentum Continues as 20 A‑Share Companies Plan Hong Kong IPOs, PCB Leaders Dongshan Precision and Hoshine Among Them
30/09/2025
Copper Poised as the “New Oil” as Western Grids Lag Behind China, Goldman Sachs Warns
30/09/2025
