US Stock Market Move | Stock prices bounce back from oversold levels! Futu Holdings Ltd. Sponsored ADR Class A (FUTU.US) and UP Fintech Holding Ltd. Sponsored ADR Class A (TIGR.US) both surged more than 14%.

After a significant drop last Friday, on Tuesday, the stock prices of Futu Holdings Ltd. Sponsored ADR Class A (FUTU.US) and UP Fintech Holding Ltd. Sponsored ADR Class A (TIGR.US) both rebounded sharply, rising by over 14%. On the news front, on May 26th, S&P Global, Inc. issued a report stating that despite Chinese regulatory authorities undergoing a new round of restructuring of Futu Holdings Ltd. Sponsored ADR Class A's mainland business, the company's business flow is expected to remain stable in the next two years due to the continuous growth of its non-mainland business. S&P expects Futu's non-mainland business to continue growing in the next two years. The company's customer base in Hong Kong and overseas has shown strong growth, driving revenue growth of over 65% by 2025. Futu has already started to diversify its reliance on mainland business since 2023. By the end of March 2026, the proportion of mainland customers to total paying customers has decreased from over 30% in 2022 to about 13%.