Expansion covers options on 25 stocks and five ETFs, providing investors with the flexibility to trade outside traditional market hours | Source: Moomoo
JERSEY CITY, N.J., Oct. 19, 2026 (GLOBE NEWSWIRE) -- Moomoo, a leading global investment and trading platform, today announced the launch of extended trading hours for U.S. listed options on its platform. Working with Cboe, Moomoo is offering investors day-one access to the new premarket and post-close trading sessions on Cboe Options Exchange. The expansion covers options on 25 stocks and five ETFs, giving investors additional flexibility to respond to market developments and manage their portfolios outside traditional trading hours.
The expansion includes a premarket trading session from 7:30 to 9:25 a.m. ET and an additional after-hours session from 4:00 to 4:15 p.m. ET. The premarket session allows investors to respond to early-morning earnings announcements, economic reports and developments in overnight and international markets before the regular U.S. trading day begins. Investors can use options to adjust existing positions, hedge portfolio exposure or establish new positions based on those developments. The post-close session provides an additional window to respond to news released shortly after the closing bell.
“Global investors are increasingly seeking access to the U.S. markets and the ability to manage risk and act on opportunities when they see fit,” said Rob Hocking, Global Head of Derivatives at Cboe Global Markets. “By extending trading hours for single-stock and ETF options, Cboe is giving investors more flexibility, and we’re excited that Moomoo clients now have access to these additional trading sessions.”
Moomoo unifies these capabilities with educational resources to help retail investors develop more informed strategies and manage their portfolios. Moomoo’s Options Engine** gives users access to features that design, simulate and automate options trading strategies with virtual risk modeling, institutional activity tracking and no-code development tools. Through Moomoo’s Options Strategy Builder, users can run scenario analysis and payoff visualizations to translate market views into strategies and evaluate potential outcomes before trading. Extended options trading hours complement those tools, granting investors additional flexibility to put their research into practice as market conditions change.
“Markets don’t wait for the opening bell, and an investor’s ability to manage risk shouldn’t depend entirely on it,” said Neil McDonald, CEO of Moomoo U.S. “Extending options trading hours gives our investors more control over when they respond, whether they’re hedging a position or acting on a new potential opportunity. Our job is to give them both the access to act and the tools to understand the trade they’re making.”
Trusted by over 31 million users*** worldwide, Moomoo’s platform brings together professional-grade analytics, investor education tools and multi-asset investing. Supporting extended options trading hours advances Moomoo’s commitment, giving investors more choice in how and when they manage portfolios and pursue their investing goals.
*Options trading entails significant risk and is not appropriate for all investors. Read the Options Disclosure Document (ODD) at j.moomoo.com/017y9J before trading.
Use of options strategies depends on account eligibility and approval level. Not all investors qualify for all strategies. Understand risks before trading.
Extended Hours Trading is currently available for 5 ETFs and 25 stocks from 7:30–9:25 a.m. ET and 4:00–4:15 p.m. ET. Extended-hours trading may involve lower liquidity, greater volatility, wider spreads, reduced market visibility, and execution risk. Orders may not be executed or may not receive the best available price
**Featured tools are available to moomoo Engine members only. Moomoo Engine is a paid subscription ($3.99/mo or $39.90/yr; auto-renews). Subscription fee automatically reduces to $0.99/mo when account assets exceed $1,000 at the time of billing. Available to eligible Moomoo Financial Inc. ("MFI") brokerage account holders. Rates and features are subject to change. Other terms and conditions apply. Investing is risky
***Users of Moomoo Technologies Inc. and its affiliates as of 6/30/2026
About Moomoo
Moomoo is a leading global investment and trading platform dedicated to empowering investors with user-friendly tools, data, and insights. Our platform is designed to provide essential information and technology, enabling users to make well-informed investment decisions. With advanced charting tools, pro-level analytical features, Moomoo evolves alongside our users, fostering a dynamic community where investors can share, learn, and grow together.
Founded in the US, Moomoo has expanded its global presence to serve investors across multiple markets, including Singapore, Australia, Japan, Canada, Malaysia, and New Zealand. As a subsidiary of a Nasdaq-listed company, Moomoo is trusted by more than 31 million traders worldwide and has earned recognition from leading financial institutions and publications for its innovation and reliability, including being recognized as the #1 Broker for Stocks in North America in 2024 and 2025 by TradingView. Investing involves risk and the potential to lose principal. Securities offered through Moomoo Financial Inc., Member FINRA/SIPC.
For more information, please visit Moomoo's official website at www.Moomoo.com
Assenagon Asset Management S.A. raised its stake in shares of Futu Holdings Limited Sponsored ADR (NASDAQ:FUTU – Free Report) by 41.2% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 927,552 shares of the company’s stock after purchasing an additional 270,689 shares during the period. Assenagon Asset Management S.A. owned 0.66% of Futu worth $102,541,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other institutional investors have also modified their holdings of the company. Sequoia Financial Advisors LLC boosted its holdings in shares of Futu by 7.0% in the 2nd quarter. Sequoia Financial Advisors LLC now owns 4,797 shares of the company’s stock worth $450,000 after purchasing an additional 315 shares during the period. Nykredit A S purchased a new stake in Futu during the 2nd quarter valued at $1,607,000. Corient Private Wealth LP lifted its position in Futu by 39.9% in the second quarter. Corient Private Wealth LP now owns 2,428 shares of the company’s stock worth $228,000 after buying an additional 693 shares during the last quarter. Greenwoods Asset Management Hong Kong Ltd. lifted its position in Futu by 9.8% in the second quarter. Greenwoods Asset Management Hong Kong Ltd. now owns 1,093,634 shares of the company’s stock worth $102,517,000 after buying an additional 97,286 shares during the last quarter. Finally, SkyOak Wealth LLC bought a new stake in Futu in the second quarter worth $207,000.
Wall Street Analysts Forecast Growth A number of research analysts have weighed in on FUTU shares. Wall Street Zen upgraded shares of Futu from a “sell” rating to a “hold” rating in a research report on Saturday, August 22nd. Zacks Research upgraded Futu from a “strong sell” rating to a “hold” rating in a research report on Monday, July 27th. Finally, Weiss Ratings lowered shares of Futu from a “hold (c+)” rating to a “hold (c)” rating in a research note on Friday, October 9th. Two analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $139.91.
Read Our Latest Stock Report on FUTU Futu Stock Performance NASDAQ:FUTU opened at $105.48 on Friday. Futu Holdings Limited Sponsored ADR has a fifty-two week low of $80.50 and a fifty-two week high of $202.53. The stock has a market capitalization of $14.79 billion, a P/E ratio of 10.44, a P/E/G ratio of 1.09 and a beta of 0.45. The company’s 50-day simple moving average is $113.18 and its 200-day simple moving average is $116.81.
Futu (NASDAQ:FUTU – Get Free Report) last released its earnings results on Thursday, August 20th. The company reported $3.33 EPS for the quarter, topping analysts’ consensus estimates of $2.98 by $0.35. Futu had a net margin of 42.95% and a return on equity of 28.20%. The company had revenue of $852.66 million during the quarter, compared to analysts’ expectations of $786.07 million. On average, research analysts forecast that Futu Holdings Limited Sponsored ADR will post 9.42 EPS for the current year.
Futu Company Profile (Free Report)
Futu Holdings Limited is a technology-driven financial services company that operates online brokerage and wealth-management platforms. Founded in 2012 and headquartered in Hong Kong, the company provides digital tools designed to help individual investors access securities markets, manage portfolios and obtain investment information.
Its principal platforms include Futubull and Moomoo, which offer services such as stock and exchange-traded fund trading, margin financing, market data, research, news, portfolio management and investor education.
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Imagine a digital brokerage platform that has turned the process of retail investing into an addictive social experience, complete with an interactive community forum where users trade ideas as frequently as they trade securities. This is the reality for users of Futu Holdings (FUTU -4.04%), a global fintech firm that provides brokerage services and wealth management products, primarily through its Futubull and Moomoo platforms. The stock, which trades at $107.08 as of Oct 14, 2026, has faced a challenging year with its price declining by 32% over the past 12 months.
Our proprietary Hidden Gems scoring system assigns Futu Holdings an overall Superscore of 79 out of 100, placing it in the Strong category. The Superscore is an AI-powered score that evaluates a company's overall strength by combining financial performance, product market position, technological capabilities, leadership quality, and relative valuation. It represents the unification of all our scores into a single score for public companies, with five rating bands: Exceptional (90-100), Strong (75-89), Above Average (60-74), Average (40-59), and Cautious (0-39).
A 79 Superscore places the company in the top ~13% of every company we score, ahead of roughly 87 out of every 100 firms in our database. The Superscore is one data-driven signal worth investigating, and this article pairs the reasons the score is high with the reasons it is not higher so the reader can weigh both sides before doing more work.
Premium Feature
Moneyball Superscore
77/100
Today's Change
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-4.04
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-4.61
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109.45
Why FUTU Has a 79 SuperscoreExceptional operational efficiency: The company maintains a 62% operating margin, proving it can scale its platform to millions of users without ballooning its underlying headcount.Rapid revenue momentum: Revenue grew 36% year over year in the second quarter of 2026, driven by a massive surge in trading volume and successful international expansion.High user stickiness: The platform retains over 98% of funded accounts as of the second quarter of 2026, showing that once users move their assets onto the system, they tend to stay.Asset-light model: Capital spending requirements remain minimal at roughly 0.2% of revenue, highlighting that the proprietary, cloud-based platform generates significant cash without needing constant heavy investment in physical infrastructure.Regulated pathway expansion: Obtaining a VATP license in Hong Kong establishes a compliant framework for virtual asset operations, setting the company apart from less-regulated fintech rivals.Why Is FUTU's Superscore Not Higher?Regulatory penalty impact: The company faces a substantial proposed penalty of RMB 1.85 billion from the China Securities Regulatory Commission, creating a direct drag on current-year net income.Concentrated voting power: Founder Leaf Hua Li holds 63% of the aggregate voting power through a dual-class share structure, which effectively limits the influence of public shareholders.Uncertain legal environment: Multiple securities class action lawsuits and ongoing scrutiny regarding cross-border operations in Mainland China present a persistent risk to the long-term business model.Futu displays a high return on net tangible assets, which ranks it in the top 11% of all companies we score. This efficiency means the company generates outsize profits from a relatively small base of hard physical assets. While the current valuation reflects market caution, this structural efficiency helps the company compound earnings effectively when growth trends remain favorable.
Table 1: Hidden Gems Database Scores for Futu Holdings (FUTU)ScoreScore (out of 100)RankSupporting Data PointProduct (1Y)79Top ~20%Strong international growth in markets like Malaysia offset previous regional regulatory headwinds.Product (5Y)70Top ~31%The company successfully transitioned from a niche Hong Kong broker to a global platform.Financial (1Y)91Top ~1%Profitability inflection marked by a 51% net income margin in the second quarter of 2026.Financial (5Y)81Top ~7%Long-term revenue CAGR of 34% from 2021 to 2025 supported by scalable proprietary tech.Leaders68Top ~49%Dual-class share structure concentrates control, limiting board accountability for public investors.AI18Bottom ~28%Information offerings remain confined to internal platform features rather than stand-alone AI products.Valuation Risk84Top ~3%The company trades at an EV/EBITDA of 8x.Is FUTU Right For Your Portfolio?This stock warrants a closer look if...
You seek exposure to a highly efficient, tech-enabled brokerage platform comparable to the best bank ETFs in capturing cross-border wealth management fees.You value a platform that demonstrates significant operating leverage and high retention rates in a competitive digital financial services market.You may want to keep researching before buying if...
You have a low tolerance for the regulatory uncertainty currently clouding the long-term business model in Mainland China.You prefer companies with simpler ownership structures that do not concentrate voting power in the hands of a single founder.The Superscore is one data-driven signal worth investigating, and you should weigh it against your own financial goals, risk tolerance, and additional research before making any investment decisions.
My 5-year prediction for FUTU stockI expect the stock to potentially double from these lows over the next five years. Despite continued growth in the business, the stock trades at a significant discount. The price-to-earnings ratio is around 10x, with analysts expecting 14% annualized earnings growth.
The company's high margins reflect significant operating expense leverage. It is benefiting from increased scale as it continues to expand internationally. New product launches can also support high margins, such as the launch of securities-backed margin financing on virtual assets.
Futu offers access to the Hong Kong IPO market, enabling it to attract new users and grow its market share. This has been a key driver of growth, with total client assets up nearly 44% year over year in the second quarter.
By continuing to expand into international markets, increase its scale, and innovate with new products, Futu should continue to grow its business while delivering high margins. This makes the stock's recent dip a compelling buying opportunity.
The Hidden Gems Superscore reflects The Motley Fool's proprietary AI-driven evaluation of a company across product, financial, leadership, and valuation pillars as of the article date and may change over time. Performance figures are point-in-time. Past performance does not guarantee future results.
Webull Corp‘s (NASDAQ:BULL) congressional scrutiny is not just a Webull story. A U.S. House investigation has put a spotlight on how China-linked brokerage platforms operate in the U.S., and that matters for Futu Holdings Limited (NASDAQ:FUTU) and UP Fintech Holding Limited (NASDAQ:TIGR) — two companies that already have their own regulatory exposure in China.
Webull Put the Category in FocusThe House Select Committee on China said Wednesday that Webull’s ownership, technology and operations are tied to China in “structural ways” that pose a national security risk, citing a mainland unit that employs 62% of the company’s global workforce and $24.6 billion in U.S. customer assets it said are exposed. Webull called the report “deeply disappointing,” saying it contained “significant inaccuracies” and that U.S. customer data in the United States.
The immediate market reaction was sharp, but the more interesting investor question is what happens to companies that were not the target of the investigation but operate in a similar cross-border brokerage ecosystem.
That is where Futu and UP Fintech become relevant.
Futu Already Has a China OverhangFutu is not facing the same congressional investigation. But it already has a separate regulatory issue in mainland China.
Read Next
In May, Futu disclosed that the China Securities Regulatory Commission had issued an investigation notice and proposed an administrative penalty of approximately RMB1.85 billion, or about $271 million, involving securities, public-fund sales and futures activities in mainland China. The proposed penalty remains subject to further proceedings and a final determination.
Futu said mainland-China funded accounts represented approximately 13% of its total funded accounts at the end of the first quarter, while business outside mainland China remained normal.
That distinction matters because Futu’s operating growth is increasingly coming from international markets.
In the second quarter, Futu’s funded accounts rose 33.6% year over year to 3.84 million, while client assets jumped 43.6% to HK$1.40 trillion. Revenue increased 35.6% to HK$7.2 billion and net income climbed 41.6%. Management said international markets were driving new funded-account additions, with Malaysia leading growth for the third consecutive quarter.
The Market Has a New QuestionUP Fintech has its own China regulatory history. In May, the CSRC’s Beijing bureau said certain subsidiaries had conducted unlicensed cross-border securities, fund and futures business in mainland China, imposing administrative penalties of about RMB308.1 million, or roughly $46.0 million, and confiscating approximately RMB103.1 million, or about $15.4 million, in illegal income. Mainland-China retail client assets represented about 10% of total client assets at the end of 2025.
The distinction is important.
Webull’s congressional investigation does not establish that Futu or UP Fintech face the same U.S. regulatory concerns. But it does give investors a reason to reassess whether China-linked ownership, technology and cross-border operations deserve a broader risk premium.
For investors, the next signals are whether congressional scrutiny expands beyond Webull, whether Chinese regulators continue tightening rules around cross-border brokerages, and whether Futu and UP Fintech can keep growing their international businesses fast enough to dilute their mainland exposure.
The question is no longer simply whether Webull has a China problem — it is whether the market is beginning to price China risk across an entire group of U.S.-listed fintechs.
BULL Stock Price Activity: Webull shares are trading lower by 1.44% at $5.80 at the time of publication on Thursday, according to Benzinga Pro data.
Futu (NASDAQ: FUTU - Get Free Report) and Northern Trust (NASDAQ: NTRS - Get Free Report) are both large-cap finance companies, but which is the superior business? We will contrast the two businesses based on the strength of their institutional ownership, earnings, valuation, dividends, profitability, risk and analyst recommendations. Institutional and Insider Ownership 83.2% of Northern Trust
On October 05, 2026, Futu Holdings Ltd
FUTU +7.37% 84
shares rose 7.4% to a current price of $109.70, amidst a volatile price performance range over the past year, with a 52-week high of $202.53 and a low of $80.50. This uptick offers a glimmer of hope for investors as the stock continues to navigate through a challenging year-to-date performance of -32.1%.
GF Value™ verdict: Current price of $109.70 is 37.1% below the GF Value™ of $174.49. GF Score™: 84/100, indicating a strong overall assessment of the stock. Most notable signal: No insider transactions noted in the past 12 months. Is FUTU Overvalued or Undervalued? The current market price of Futu Holdings Ltd
FUTU +7.37% 84
at $109.70 is significantly below the GuruFocus GF Value™, which is estimated at $174.49. This represents a considerable margin of safety of 37.1%, suggesting that the stock is undervalued based on its intrinsic value. The GF Value™ is GuruFocus' proprietary assessment that combines historical trading multiples, past performance, and future growth estimates to derive an intrinsic value for a stock. Although the GF Value™ suggests an undervaluation, it also comes with the caveat of being labeled as a "Possible Value Trap," prompting caution for potential investors.
While the significant gap between the current price and the GF Value™ indicates an opportunity for value-oriented investors, it is essential to consider the underlying business fundamentals and the potential risks involved. The stock has seen substantial declines over the past year, and while the recent rise may indicate a recovery, investors should tread carefully, keeping in mind that the market sentiment can shift rapidly.
How Does FUTU's Valuation Compare to Its History? Metric Current Historical P/E (TTM) 10.8x 17.3x Forward P/E 9.5x N/A Futu Holdings Ltd is currently trading at a P/E (TTM) of 10.8x, which is 37% below its 5-year median P/E of 17.3x. The forward P/E of 9.5x further supports the notion that the stock is undervalued compared to its historical valuation levels. This P/E analysis is consistent with the GF Value™ verdict, reinforcing the idea that the stock is trading at a discount relative to its historical average.
What Does FUTU's GF Score™ Tell Us? The GF Score™ evaluates a stock's performance across several key criteria, including financial strength, profitability, growth, valuation, and momentum. Futu Holdings Ltd has achieved a score of 84/100, indicating a robust overall performance, with particular strengths in growth and profitability. However, its valuation and momentum ranks are comparatively weaker, signaling caution in these areas.
Metric Rating GF Score™ 84/100 Financial Strength 5/10 Profitability 8/10 Growth 10/10 Valuation 4/10 Momentum 4/10 The scores reveal that while Futu Holdings Ltd excels in growth and profitability, with scores of 10 and 8 respectively, it faces challenges in financial strength and valuation, both rated at 5 and 4 out of 10. This disparity indicates that while the company may be experiencing strong growth, it may not be adequately supported by underlying financial stability or attractive valuation metrics.
What Are Gurus and Insiders Doing with FUTU? Currently, Futu Holdings Ltd has three gurus holding the stock, with three adding to their positions and two trimming their holdings in recent quarters. This activity suggests a mixed sentiment among institutional investors, with some showing confidence in the stock's potential while others may be exercising caution. Notably, there have been no insider transactions in the past 12 months, which could indicate a lack of confidence from company insiders regarding future performance.
The guru ownership flow is a significant signal, as it highlights the views of informed investors who may have a deeper understanding of the company's prospects. The addition of positions by some gurus may suggest they see value at the current levels, while the trimming by others indicates some reservations about the stock's near-term trajectory.
What This Means for Investors Futu Holdings Ltd
FUTU +7.37% 84
appears undervalued based on the GF Value™ assessment, with a notable margin of safety of 37.1%. However, investors should be cautious due to the company's designation as a "Possible Value Trap" and the mixed signals from guru activity and insider transactions. The strong growth metrics are encouraging, but the weaker valuation and momentum scores warrant careful consideration. For a more comprehensive analysis of Futu Holdings Ltd, please visit the Futu Holdings Ltd (FUTU) stock page for further insights.
Frequently Asked Questions What is FUTU's GF Score™?
FUTU has a GF Score™ of 84/100, indicating a strong overall assessment of the stock's performance across various metrics.
Is FUTU overvalued or undervalued?
FUTU is currently undervalued, with a GF Value™ of $174.49 compared to its price of $109.70, suggesting a significant upside potential.
What is FUTU's P/E ratio?
FUTU has a P/E (TTM) of 10.8x, which is considerably lower than its 5-year median P/E of 17.3x, indicating that it is trading below its historical valuation levels.
This stock alert was generated using automated technology and GuruFocus financial data to provide readers with timely and accurate market reporting. This content was reviewed by GuruFocus editorial team prior to publication. Please send any questions or comments about this story to [email protected].
Investors with an interest in Financial - Miscellaneous Services stocks have likely encountered both Bread Financial Holdings (BFH) and Futu Holdings Limited Sponsored ADR (FUTU). But which of these two stocks presents investors with the better value opportunity right now?
Futu (NASDAQ:FUTU – Get Free Report) and Sonim Technologies (NASDAQ:SONM – Get Free Report) are both finance companies, but which is the better stock? We will compare the two businesses based on the strength of their profitability, dividends, institutional ownership, risk, valuation, earnings and analyst recommendations.
Insider and Institutional Ownership 3.3% of Sonim Technologies shares are owned by institutional investors. 35.2% of Futu shares are owned by company insiders. Comparatively, 4.6% of Sonim Technologies shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company will outperform the market over the long term.
Earnings and Valuation This table compares Futu and Sonim Technologies”s top-line revenue, earnings per share and valuation.
Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio Futu $2.94 billion 4.88 $1.46 billion $10.10 10.12 Sonim Technologies $93.63 million 0.06 -$20.66 million ($8.02) -0.51 Futu has higher revenue and earnings than Sonim Technologies. Sonim Technologies is trading at a lower price-to-earnings ratio than Futu, indicating that it is currently the more affordable of the two stocks.
Profitability This table compares Futu and Sonim Technologies’ net margins, return on equity and return on assets.
Net Margins Return on Equity Return on Assets Futu 42.95% 28.20% 4.40% Sonim Technologies N/A N/A -40.82% Volatility & Risk Futu has a beta of 0.45, indicating that its share price is 55% less volatile than the S&P 500. Comparatively, Sonim Technologies has a beta of 1.7, indicating that its share price is 70% more volatile than the S&P 500.
Analyst Recommendations This is a summary of recent ratings and target prices for Futu and Sonim Technologies, as provided by MarketBeat.
Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score Futu 0 4 2 0 2.33 Sonim Technologies 1 0 0 0 1.00 Futu presently has a consensus target price of $139.91, suggesting a potential upside of 36.94%. Given Futu’s stronger consensus rating and higher possible upside, research analysts plainly believe Futu is more favorable than Sonim Technologies.
Summary Futu beats Sonim Technologies on 12 of the 14 factors compared between the two stocks.
About Futu (Get Free Report)
Futu Holdings Limited provides digitalized securities brokerage and wealth management product distribution service in Hong Kong and internationally. It offers online financial services, including securities and derivative trades brokerage, margin financing and fund distribution services through its Futubull and Moomoo digital platforms. The company also provides financial information and online community services; online wealth management services under the Money Plus brand name through its Futubull and moomoo platforms, which provides its client access to mutual funds, private funds, bonds, structured products, and other wealth management products; market data and information services; and NiuNiu Community, which serves as an open forum for users and clients to share insights, ask questions, and exchange ideas. Futu Holdings Limited was founded in 2007 and is headquartered in Sheung Wan, Hong Kong.
(Get Free Report)
Sonim Technologies, Inc. provides ruggedized mobile phones and accessories for task workers. The company offers ruggedized mobile phones, such as Sonim XP10, Sonim XP5plus, Sonim XP3plus, and Sonim XP Pro; Sonim mobile hotspot; industrial-grade accessories. It sells its mobile phones and accessories primarily to wireless carriers in the United States and Canada; and sells wireless carrier channels through distribution channels in North America and Europe. The company serves transportation and logistics, construction, manufacturing, facilities management, energy and utility, mining, and public safety sectors. The company was formerly known as NaviSpin.com, Inc. and changed its name to Sonim Technologies, Inc. in December 2001. Sonim Technologies, Inc. was incorporated in 1999 and is headquartered in San Diego, California.
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Investors looking for stocks in the Financial - Miscellaneous Services sector might want to consider either Bread Financial Holdings (BFH - Free Report) or Futu Holdings Limited Sponsored ADR (FUTU - Free Report) . But which of these two stocks presents investors with the better value opportunity right now? Let's take a closer look.
Everyone has their own methods for finding great value opportunities, but our model includes pairing an impressive grade in the Value category of our Style Scores system with a strong Zacks Rank. The proven Zacks Rank puts an emphasis on earnings estimates and estimate revisions, while our Style Scores work to identify stocks with specific traits.
Right now, Bread Financial Holdings is sporting a Zacks Rank of #1 (Strong Buy), while Futu Holdings Limited Sponsored ADR has a Zacks Rank of #2 (Buy). Investors should feel comfortable knowing that BFH likely has seen a stronger improvement to its earnings outlook than FUTU has recently. But this is only part of the picture for value investors.
Value investors also try to analyze a wide range of traditional figures and metrics to help determine whether a company is undervalued at its current share price levels.
Our Value category highlights undervalued companies by looking at a variety of key metrics, including the popular P/E ratio, as well as the P/S ratio, earnings yield, cash flow per share, and a variety of other fundamentals that have been used by value investors for years.
BFH currently has a forward P/E ratio of 8.88, while FUTU has a forward P/E of 11.50. We also note that BFH has a PEG ratio of 0.67. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. FUTU currently has a PEG ratio of 1.21.
Another notable valuation metric for BFH is its P/B ratio of 1.23. The P/B ratio pits a stock's market value against its book value, which is defined as total assets minus total liabilities. For comparison, FUTU has a P/B of 3.08.
These are just a few of the metrics contributing to BFH's Value grade of B and FUTU's Value grade of C.
BFH sticks out from FUTU in both our Zacks Rank and Style Scores models, so value investors will likely feel that BFH is the better option right now.
Partnership Creates a Seamless Path From Market Conversations on X to Trading on Moomoo | Source: Moomoo
JERSEY CITY, N.J., Sept. 15, 2026 (GLOBE NEWSWIRE) -- Moomoo, a leading global investment and trading platform, today announced it is an official U.S. X Cashtag Partner. As an X Cashtag Partner, investors can now go from the X timeline to trade at Moomoo.
Cashtags turn ticker symbols for stocks, ETFs, and cryptocurrencies into market information hubs, giving X users real-time access to market conversations and financial information. Through the partnership, users can seamlessly move from viewing a Cashtag and following the conversation on X, to taking action through Moomoo with just a few clicks.
Once on Moomoo, investors can access professional-grade tools to analyze market information and trade across multiple asset classes, helping them stay informed and respond to market developments in real time.
“Today’s investors are seeking out a comprehensive platform experience to position them and their portfolios for potential success, and our partnership with X signals Moomoo’s commitment to the new era of social investing,” said Neil McDonald, CEO of Moomoo U.S. “Our partnership combines Moomoo’s trading infrastructure, suite of more than 150 analytical tools, and over 2,000 educational resources with X’s vibrant global community. Managing a portfolio increasingly requires constant access to data and Moomoo’s integration into Cashtags positions our platform users to make well-informed decisions in real-time.”
With experience of fostering informed investor communities within its own platform, Moomoo is uniquely positioned to ensure that social-driven investing is paired with tools, education, and resources to help investors need to make informed decisions.
Investing involves risk and the potential to lose principal. Securities offered through Moomoo Financial Inc., Member FINRA/SIPC
Crypto services are offered by Moomoo Crypto Inc. ("MCI") (NMLS ID 2287314), a money services business registered with FinCEN (MSB Registration Number: 31000288349013). MCI is not a broker-dealer. Cryptocurrency services are not available in all states. Cryptocurrencies are not legal tender, not backed by any government, and not FDIC insured or SIPC protected. Cryptocurrency trading involves significant risk and potential loss of principal.
X is an independent third party not affiliated with Moomoo Financial Inc., Moomoo Technologies Inc., or its affiliates.
About Moomoo
Moomoo is a leading global investment and trading platform dedicated to empowering investors with user-friendly tools, data, and insights. Our platform is designed to provide essential information and technology, enabling users to make well-informed investment decisions. With advanced charting tools, pro-level analytical features, moomoo evolves alongside our users, fostering a dynamic community where investors can share, learn, and grow together.
Founded in the US, moomoo has expanded its global presence to serve investors across multiple markets, including Singapore, Australia, Japan, Canada, Malaysia, and New Zealand. As a subsidiary of a Nasdaq-listed company, moomoo is trusted by more than 30 million investors worldwide and has earned recognition from leading financial institutions and publications for its innovation and reliability, including being recognized as the #1 Broker for Stocks in North America in 2024 and 2025 by TradingView.
For more information, please visit moomoo's official website at www.moomoo.com or www.moomoo.com/ca
Accolades are not indicative of future performance. Moomoo Financial Inc. is not affiliated with TradingView. For more information, please visit:
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https://www.tradingview.com/blog/en/broker-awards-2025-winners-56493/
Shares of Futu Holdings Limited Sponsored ADR (FUTU - Free Report) have gained 11% over the past four weeks to close the last trading session at $116.74, but there could still be a solid upside left in the stock if short-term price targets of Wall Street analysts are any indication. Going by the price targets, the mean estimate of $156.06 indicates a potential upside of 33.7%.
The average comprises 11 short-term price targets ranging from a low of $122.00 to a high of $200.00, with a standard deviation of $24.34. While the lowest estimate indicates an increase of 4.5% from the current price level, the most optimistic estimate points to a 71.3% upside. More than the range, one should note the standard deviation here, as it helps understand the variability of the estimates. The smaller the standard deviation, the greater the agreement among analysts.
While the consensus price target is a much-coveted metric for investors, solely banking on this metric to make an investment decision may not be wise at all. That's because the ability and unbiasedness of analysts in setting price targets have long been questionable.
However, an impressive consensus price target is not the only factor that indicates a potential upside in FUTU. This view is strengthened by the agreement among analysts that the company will report better earnings than what they estimated earlier. Though a positive trend in earnings estimate revisions doesn't give any idea as to how much the stock could surge, it has proven effective in predicting an upside.
Price, Consensus and EPS Surprise
Here's What You Should Know About Analysts' Price TargetsAccording to researchers at several universities across the globe, a price target is one of many pieces of information about a stock that misleads investors far more often than it guides. In fact, empirical research shows that price targets set by several analysts, irrespective of the extent of agreement, rarely indicate where the price of a stock could actually be heading.
While Wall Street analysts have deep knowledge of a company's fundamentals and the sensitivity of its business to economic and industry issues, many of them tend to set overly optimistic price targets. Are you wondering why?
They usually do that to drum up interest in shares of companies that their firms either have existing business relationships with or are looking to be associated with. In other words, business incentives of firms covering a stock often result in inflated price targets set by analysts.
However, a tight clustering of price targets, which is represented by a low standard deviation, indicates that analysts have a high degree of agreement about the direction and magnitude of a stock's price movement. While that doesn't necessarily mean the stock will hit the average price target, it could be a good starting point for further research aimed at identifying the potential fundamental driving forces.
That said, while investors should not entirely ignore price targets, making an investment decision solely based on them could lead to disappointing ROI. So, price targets should always be treated with a high degree of skepticism.
Here's Why There Could be Plenty of Upside Left in FUTUThere has been increasing optimism among analysts lately about the company's earnings prospects, as indicated by strong agreement among them in revising EPS estimates higher. And that could be a legitimate reason to expect an upside in the stock. After all, empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements.
For the current year, four estimates have moved higher over the last 30 days compared to no negative revision. As a result, the Zacks Consensus Estimate has increased 4.6%.
Moreover, FUTU currently has a Zacks Rank #2 (Buy), which means it is in the top 20% of more than 4,000 stocks that we rank based on four factors related to earnings estimates. Given an impressive externally-audited track record, this is a more conclusive indication of the stock's potential upside in the near term. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .
Therefore, while the consensus price target may not be a reliable indicator of how much FUTU could gain, the direction of price movement it implies does appear to be a good guide.
On September 08, 2026, Futu Holdings Ltd FUTU shares fell 3.5%, closing at $117.50. The stock has fluctuated between a 52-week high of $202.53 and a low of $80.50, reflecting significant volatility over the past year.
GF Value™ verdict: Current price at $117.50 vs GF Value of $175.05 indicates a 32.9% undervaluation.GF Score™ of 80/100 suggests strong overall performance.Notable signal: Insider activity shows no transactions in the past 12 months.Is FUTU Overvalued or Undervalued?Futu Holdings Ltd FUTU currently trades at $117.50, which is significantly below the GF Value™ of $175.05. This disparity indicates a potential margin of safety of 32.9% for investors considering the stock. The GF Value™ represents GuruFocus' proprietary intrinsic-value estimate, taking into account historical trading multiples, past business growth, and future performance expectations. Given the current valuation, there may be an attractive opportunity for value-oriented investors, though caution is warranted as the GF Valuation label suggests it could be a possible value trap. This warning indicates that while the stock appears undervalued, it is important to consider broader market conditions and company-specific risks before making investment decisions.
How Does FUTU's Valuation Compare to Its History?MetricCurrentHistoricalP/E (TTM)11.6x17.4xForward P/E10.2xN/AFUTU's current P/E ratio of 11.6x is 33% below its 5-year median P/E of 17.4x, indicating that the stock is trading at a discount compared to its historical valuation metrics. This analysis aligns with the GF Value™ assessment of undervaluation, suggesting that the stock may provide a compelling investment opportunity for those comfortable with the associated risks.
What Does FUTU's GF Score™ Tell Us?The GF Score™ is a composite measure that evaluates a company's financial health, profitability, growth prospects, valuation, and momentum. With a GF Score™ of 80/100, FUTU demonstrates strong performance overall, with notable strengths in profitability and growth, scoring 9/10 and 10/10 respectively. However, the valuation rank is weaker at 4/10, indicating that the current price may not reflect the company's growth potential optimally, while the momentum rank at 2/10 suggests recent price weakness.
MetricRatingGF Score™80/100Financial Strength4/10Profitability9/10Growth10/10Valuation4/10Momentum2/10Overall, FUTU's strong profitability and growth scores suggest a solid operational foundation, while the lower financial strength and valuation ranks indicate potential concerns regarding its current financial position and market perception. This divergence suggests that while FUTU has the capacity for growth, investors should be cautious about the current valuation.
What Are Gurus and Insiders Doing with FUTU?Currently, 3 gurus hold shares of FUTU, with equal activity in adding and trimming positions in recent quarters. This mixed signal from gurus reflects a cautious sentiment towards the stock, as some are looking to reduce their exposure while others are affirming their investment. Notably, there have been no insider transactions in the past 12 months, which may indicate a lack of confidence from management regarding the stock's near-term prospects or a strategic decision to hold their positions.
What This Means for InvestorsBased on the GF Value™ of $175.05 and the current trading price of $117.50, FUTU appears to be undervalued, presenting an opportunity for potential investors. However, the caveats of a possible value trap, coupled with mixed signals from guru activity and a weak momentum rank, suggest that investors should proceed with caution. For a detailed look at Futu Holdings Ltd FUTU, visit the Futu Holdings Ltd (FUTU) stock page.
Frequently Asked QuestionsWhat is FUTU's GF Score™?
FUTU has a GF Score™ of 80/100, indicating strong overall performance, particularly in profitability and growth.
Is FUTU overvalued or undervalued?
FUTU is currently undervalued according to the GF Value™, which estimates its fair value at $175.05 compared to the current price of $117.50.
What is FUTU's P/E ratio?
FUTU's P/E (TTM) ratio is 11.6x, which is significantly below its 5-year median P/E of 17.4x, affirming its undervalued status relative to historical norms.
This stock alert was generated using automated technology and GuruFocus financial data to provide readers with timely and accurate market reporting. This content was reviewed by GuruFocus editorial team prior to publication. Please send any questions or comments about this story to [email protected].
Disclosures I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.
JERSEY CITY, N.J., Sept. 01, 2026 (GLOBE NEWSWIRE) -- Moomoo, a leading global investment and trading platform with over 30 million users worldwide, has launched its most expansive out-of-home (OOH) advertising campaign throughout New York City. Timed to coincide with Q2 earnings season, the campaign runs from July 20 through September and is projected to generate more than 81.4 million impressions, anchored by a major presence across the city's transit system and widespread street-level advertising throughout Manhattan.
The campaign's strategic timing capitalizes on elevated foot traffic following the 2026 FIFA World Cup, and signals the start of the company's marketing push towards it's first U.S. Retail store in Midtown Manhattan.
Through this expanded visibility, moomoo aims to reinforce its position as the leading retail investing platform built to empower traders from all backgrounds.
“When you're introducing a new feature, success isn't measured by a single moment of visibility. It's built through consistent exposure,” said moomoo's U.S. Head of Brand & Creative, Kit Guerra. “By combining high-visibility placements with an expansive transit network, we're creating repeated opportunities for people to discover moomoo as they move throughout the city.”
A Citywide Takeover
Building on the momentum of last year's "Trade Smart" campaign, which reached an estimated 3.4 million daily NYC commuters during the Q4 2025 earnings season and resulted in a 14% increase in app downloads, this year's effort dramatically expands moomoo's physical footprint across the five boroughs and beyond.
Where the 2025 campaign focused on a single-station and train presence around the city, the 2026 campaign delivers full-scale takeover in both New York and New Jersey, focused on high-traffic public transportation and high-visibility street level media. The campaign footprint includes:
570 total train cars in the MTA subway network260 total train cars in the PATH subway network40+ street-level wildposting locations throughout ManhattanComplete domination around the SoHo Holland Tunnel entrance Driving Traders with Moomoo Engine
At the heart of the campaign is the newly launched Moomoo Engine, the platform's evolution of its trading operating system, unifying research, strategy, and execution into a single connected experience. Moomoo Engine is built around three workflows:
Fundamental Engine -- Analyze: Build a research-backed investment thesis with AI briefings, earnings analysis, Wall Street forecasts, and valuation models.
Options Engine -- Structure: Design and simulate options strategies with Level 2 data, profit-and-loss modeling, and gamma exposure tracking.
Technical Engine -- Execute: Time entries and manage orders with real-time market depth, indicator backtesting, and advanced order types.
Each engine functions independently or as part of a seamless, end-to-end workflow, all without ever leaving the moomoo platform. By bringing this unified trading experience to the streets and subways of New York, the campaign is designed to convert everyday commuter attention into active Moomoo Engine users during one of the most dynamic trading periods of the year.
Options trading is risky and not appropriate for everyone. Read the Options Disclosure Document (https://j.moomoo.com/017y9J) before trading. Options are complex and you may quickly lose the entire investment. Supporting docs for any claims will be furnished upon request.
Featured tools are available to moomoo Engine members only. Moomoo Engine is a paid subscription ($3.99/mo or $39.90/yr; auto-renews). Subscription fee automatically reduces to $0.99/mo when account assets exceed $1,000 at the time of billing. Available to eligible Moomoo Financial Inc. ("MFI") brokerage account holders. Rates and features are subject to change. Other terms and conditions apply.
About Moomoo
Moomoo is a leading global investment and trading platform dedicated to empowering investors with user-friendly tools, data, and insights. Our platform is designed to provide essential information and technology, enabling users to make well-informed investment decisions. With advanced charting tools, pro-level analytical features, moomoo evolves alongside our users, fostering a dynamic community where investors can share, learn, and grow together.
Founded in the US, moomoo has expanded its global presence to serve investors across multiple markets, including Singapore, Australia, Japan, Canada, Malaysia, and New Zealand. As a subsidiary of a Nasdaq-listed company, moomoo is trusted by more than 29 million investors worldwide and has earned recognition from leading financial institutions and publications for its innovation and reliability, including being recognized as the #1 Broker for Stocks in North America in 2024 and 2025 by TradingView.
Photos accompanying this announcement are available at
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Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses In Futu To Contact Him Directly To Discuss Their Options
If you purchased or acquired securities in Futu between May 24, 2023 and May 27, 2026 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).
[You may also click here for additional information]
New York, New York--(Newsfile Corp. - August 25, 2026) - Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Futu Holdings Limited("Futu" or the "Company") (NASDAQ: FUTU) and reminds investors of the August 25, 2026 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company.
Faruqi & Faruqi is a leading national securities law firm with offices in New York, Pennsylvania, California and Georgia. The firm has recovered hundreds of millions of dollars for investors since its founding in 1995. See www.faruqilaw.com.
As detailed below, the complaint alleges that the Company and its executives violated federal securities laws by making false and/or misleading statements and/or failing to disclose that: (1) Futu was not in compliance with the requirements of the CSRC, including because the Company continued to conduct securities business, public fund sales business and futures business in mainland China without obtaining the requisite licenses or approval; (2) as a result, Futu was reasonably likely to face regulatory penalties, including the disgorgement of ill-gotten gains and other penalties; (3) as a result of the foregoing, Futu's financial results were overstated; and (4) as a result of the foregoing, Defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.
On May 22, 2026, pre-market, Futu issued a press release allegedly disclosing that it had received a notification letter from the CSRC stating that "certain Futu entities in mainland China and Hong Kong . . . without obtaining the requisite licenses or approval, conducted securities business, public fund sales business and futures business in mainland China" and that the CSRC "proposes to order the Related Companies to rectify or cease such activities, confiscate illegal gains, and impose fines, with the total proposed penalty amounting to approximately RMB1.85 billion (approximately USD271 million)." The Futu class action lawsuit further alleges that the regulatory authority "proposes to impose a personal fine of RMB1.25 million (approximately USD 183,575) on Mr. LI Hua, the founder and CEO of the Company." On this news, the price of Futu stock fell more than 27%, according to the complaint.
Then, on May 28, 2026, before the market opened, Futu issued a press release reporting financial results for the first quarter of 2026, allegedly including the proposed penalties comprised of "(i) confiscation of illegal gains of approximately RMB470 million [approximately $69.21 million USD] and (ii) imposition of fines of approximately RMB1.38 billion in an aggregate amount of approximately RMB1.85 billion." On this news, the price of Futu stock declined nearly 5%, according to the complaint.
The court-appointed lead plaintiff is the investor with the largest financial interest in the relief sought by the class who is adequate and typical of class members who directs and oversees the litigation on behalf of the putative class. Any member of the putative class may move the Court to serve as lead plaintiff through counsel of their choice, or may choose to do nothing and remain an absent class member. Your ability to share in any recovery is not affected by the decision to serve as a lead plaintiff or not.
Faruqi & Faruqi, LLP also encourages anyone with information regarding Futu's conduct to contact the firm, including whistleblowers, former employees, shareholders and others.
To learn more about the Futu Holdings Limited class action, go to www.faruqilaw.com/FUTU or call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).
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Frequently Asked Questions (FAQ) for Investors Regarding the Futu Holdings Limited Securities Class Action Lawsuit:
What is the Futu Holdings Limited securities fraud lawsuit about?
The lawsuit alleges that Futu misled investors by failing to disclose it was conducting certain securities, public fund sales, and futures businesses in mainland China without required CSRC licenses or approvals. According to the complaint, this exposed the Company to significant regulatory penalties, overstated its financial results, and made its public statements about its business and prospects materially misleading.
Who may be eligible to participate in the lawsuit?
Investors who purchased or otherwise acquired Futu Holdings Limited (NASDAQ: FUTU) securities between May 24, 2023 and May 27, 2026, inclusive (the "Class Period"), and suffered losses may be eligible to participate in the securities class action. Eligibility depends on the specific facts of each investor's transactions and losses.
What is a lead plaintiff, and how can I seek appointment?
A lead plaintiff is the investor appointed by the court to represent the interests of all class members during the litigation. Generally, the investor with the largest financial interest who meets the legal requirements may be selected. Investors seeking appointment must file a motion with the court by the August 25, 2026 deadline through counsel of their choice.
What should investors do if they purchased Futu Holdings Limited stock during the Class Period?
Investors who purchased Futu securities during the Class Period should review their investment records, preserve relevant documents, and consider contacting counsel to understand their legal rights. Those interested in serving as lead plaintiff must act before the August 25, 2026 deadline, while investors who do not seek that role may still remain eligible to share in any potential recovery.
Why should investors contact Faruqi & Faruqi, LLP?
Faruqi & Faruqi, LLP has represented investors in securities litigation for decades and has recovered hundreds of millions of dollars for shareholders. Investors who purchased Futu Holdings Limited securities during the Class Period may contact the firm to discuss their legal rights, potential claims, and the lead plaintiff process at no cost or obligation.
Attorney Advertising. The law firm responsible for this advertisement is Faruqi & Faruqi, LLP (www.faruqilaw.com). Prior results do not guarantee or predict a similar outcome with respect to any future matter. We welcome the opportunity to discuss your particular case. All communications will be treated in a confidential manner.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/311206
Source: Faruqi & Faruqi LLP
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LOS ANGELES, Aug. 25, 2026 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises Futu Holdings Limited, (“Futu” or the "Company") (NASDAQ: FUTU) investors of a class action on behalf of investors that bought securities between May 24, 2023 and May 27, 2026, inclusive (the “Class Period”). Futu investors have until August 25, 2026 to file a lead plaintiff motion.
Investors are encouraged to contact attorney Lesley F. Portnoy, by phone 310-692-8883 or email: [email protected], to discuss their legal rights, or join the case via https://portnoylaw.com/futu-holdings-limited. The Portnoy Law Firm can provide a complimentary case evaluation and discuss investors’ options for pursuing claims to recover their losses.
The Futu class action lawsuit alleges that defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (i) Futu was not in compliance with the requirements of the China Securities Regulatory Commission (“CSRC”), including because Futu continued to conduct securities business, public fund sales business, and futures business in mainland China without obtaining the requisite licenses or approval; (ii) as a result, Futu was reasonably likely to face regulatory penalties, including the disgorgement of ill-gotten gains and other penalties; and (iii) as a result of the foregoing, Futu’s financial results were overstated.
On May 22, 2026, pre-market, Futu issued a press release allegedly disclosing that it had received a notification letter from the CSRC stating that “certain Futu entities in mainland China and Hong Kong . . . without obtaining the requisite licenses or approval, conducted securities business, public fund sales business and futures business in mainland China” and that the CSRC “proposes to order the Related Companies to rectify or cease such activities, confiscate illegal gains, and impose fines, with the total proposed penalty amounting to approximately RMB1.85 billion (approximately USD271 million).” The Futu class action lawsuit further alleges that the regulatory authority “proposes to impose a personal fine of RMB1.25 million (approximately USD 183,575) on Mr. LI Hua, the founder and CEO of the Company.” On this news, the price of Futu stock fell more than 27%, according to the complaint.
Then, on May 28, 2026, before the market opened, Futu issued a press release reporting financial results for the first quarter of 2026, allegedly including the proposed penalties comprised of “(i) confiscation of illegal gains of approximately RMB470 million [approximately $69.21 million USD] and (ii) imposition of fines of approximately RMB1.38 billion [approximately $20 billion USD] in an aggregate amount of approximately RMB1.85 billion.” On this news, the price of Futu stock declined nearly 5%, according to the complaint.
The Portnoy Law Firm represents investors in pursuing claims caused by corporate wrongdoing. The Firm’s founding partner has recovered over $5.5 billion for aggrieved investors. Attorney advertising. Prior results do not guarantee similar outcomes.
Lesley F. Portnoy, Esq.
Admitted CA, NY and TX Bar [email protected]
310-692-8883
www.portnoylaw.com
Futu Holdings Limited Sponsored ADR (FUTU - Free Report) closed the last trading session at $115.81, gaining 11.1% over the past four weeks, but there could be plenty of upside left in the stock if short-term price targets set by Wall Street analysts are any guide. The mean price target of $153.53 indicates a 32.6% upside potential.
The average comprises 11 short-term price targets ranging from a low of $112.00 to a high of $200.00, with a standard deviation of $26.49. While the lowest estimate indicates a decline of 3.3% from the current price level, the most optimistic estimate points to a 72.7% upside. More than the range, one should note the standard deviation here, as it helps understand the variability of the estimates. The smaller the standard deviation, the greater the agreement among analysts.
While the consensus price target is highly sought after by investors, the ability and unbiasedness of analysts in setting price targets have long been questionable. And investors making investment decisions solely based on this tool would arguably do themselves a disservice.
However, an impressive consensus price target is not the only factor that indicates a potential upside in FUTU. This view is strengthened by the agreement among analysts that the company will report better earnings than what they estimated earlier. Though a positive trend in earnings estimate revisions doesn't give any idea as to how much the stock could surge, it has proven effective in predicting an upside.
Price, Consensus and EPS Surprise
Here's What You Should Know About Analysts' Price TargetsAccording to researchers at several universities across the globe, a price target is one of many pieces of information about a stock that misleads investors far more often than it guides. In fact, empirical research shows that price targets set by several analysts, irrespective of the extent of agreement, rarely indicate where the price of a stock could actually be heading.
While Wall Street analysts have deep knowledge of a company's fundamentals and the sensitivity of its business to economic and industry issues, many of them tend to set overly optimistic price targets. Are you wondering why?
They usually do that to drum up interest in shares of companies that their firms either have existing business relationships with or are looking to be associated with. In other words, business incentives of firms covering a stock often result in inflated price targets set by analysts.
However, a tight clustering of price targets, which is represented by a low standard deviation, indicates that analysts have a high degree of agreement about the direction and magnitude of a stock's price movement. While that doesn't necessarily mean the stock will hit the average price target, it could be a good starting point for further research aimed at identifying the potential fundamental driving forces.
That said, while investors should not entirely ignore price targets, making an investment decision solely based on them could lead to disappointing ROI. So, price targets should always be treated with a high degree of skepticism.
Why FUTU Could Witness a Solid UpsideThere has been increasing optimism among analysts lately about the company's earnings prospects, as indicated by strong agreement among them in revising EPS estimates higher. And that could be a legitimate reason to expect an upside in the stock. After all, empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements.
For the current year, one estimate has moved higher over the last 30 days compared to no negative revision. As a result, the Zacks Consensus Estimate has increased 1.2%.
Moreover, FUTU currently has a Zacks Rank #2 (Buy), which means it is in the top 20% of more than 4,000 stocks that we rank based on four factors related to earnings estimates. Given an impressive externally-audited track record, this is a more conclusive indication of the stock's potential upside in the near term. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .
Therefore, while the consensus price target may not be a reliable indicator of how much FUTU could gain, the direction of price movement it implies does appear to be a good guide.
Futu Holdings is raised to an $184–$245/share target, with a midpoint of $192, implying 56% upside. Q2 results exceeded expectations, with 35.6% y/y revenue growth driven by robust trading volume, margin financing, and strong ECM and corporate services performance. FUTU's overseas expansion in Southeast Asia and the US offsets China's weakness, with Singapore and Malaysia emerging as key growth markets and improving account quality.
New York, New York--(Newsfile Corp. - August 25, 2026) - Kaplan Fox & Kilsheimer LLP announces that a class action lawsuit has been filed against Futu Holdings Limited ("Futu" or the "Company") (NASDAQ: FUTU) on behalf of investors that purchased or otherwise acquired Futu shares between May 24, 2023 and May 27, 2026 (the "Class Period").
CLICK HERE TO JOIN THE CASE
If you are an investor in Futu and have suffered losses, you may CLICK HERE to contact us. You may also contact Kaplan Fox by emailing [email protected] or by calling (646) 315-9003.
DEADLINE REMINDER: If you are a member of the proposed Class, you may move the court no later than August 25, 2026 to serve as a lead plaintiff for the purported class. If you have losses we encourage you to contact us to learn more about the lead plaintiff process. You need not seek to become a lead plaintiff in order to share in any possible recovery.
According to the complaint, on May 22, 2026, before the market opened, Reuters published an article reporting that the China Securities Regulatory Commission ("CSRC"), along with seven other government agencies including the central bank, had launched a crackdown aimed at "brokers it accused of illegally moving money to foreign markets" including "overseas firms and their local partners operating without approval." The article allegedly reported that online brokers including Futu "would be penalised for soliciting business in China without an onshore licence, the securities regulator said."
Also on May 22, 2026, Futu disclosed in a press release that it had received a Notification Letter from the CSRC. The Company reported the letter states "certain Futu entities in mainland China and Hong Kong (the "Related Companies") without obtaining the requisite licenses or approval, conducted securities business, public fund sales business and futures business in mainland China." The press release further states that the CSRC "proposes to order the Related Companies to rectify or cease such activities, confiscate illegal gains, and impose fines, with the total proposed penalty amounting to approximately RMB1.85 billion (approximately USD271 million)."
On May 22, 2026, the price of Futu shares fell $34.10 per share, or 27.5%, to close at $89.76 per share.
Then, on May 28, 2026, before the market opened, Futu announced in a press releasee financial results for the first quarter of 2026. According to the complaint, the Company reported net income of HK$831.0 million (US$106.0 million) after giving effect to the proposed penalties comprised of: "(i) confiscation of illegal gains of approximately RMB470 million [approximately $69.21 million USD], and (ii) imposition of fines of approximately RMB1.38 billion, [approximately $20 billion USD] in an aggregate amount of approximately RMB1.85 billion."
On May 28, 2026, the price of Futu shares fell $5.31 per share, or 4.8%, to close at $104.91 per share.
The complaint alleges, among other things, that throughout the Class Period, Defendants failed to disclose to investors that (1) Futu was not in compliance with the requirements of the CSRC, including because the Company continued to conduct securities business, public fund sales business and futures business in mainland China without obtaining the requisite licenses or approval; (2) as a result, Futu was reasonably likely to face regulatory penalties, including the disgorgement of ill-gotten gains and other penalties; and (3) as a result of the foregoing, Futu's financial results were overstated.
WHY CONTACT KAPLAN FOX?
Kaplan Fox & Kilsheimer LLP is a nationally recognized law firm focused on complex litigation, with offices in New York, Oakland, Los Angeles, Chicago, and New Jersey. Founded in 1956, the firm has spent more than 50 years prosecuting securities, antitrust, and consumer protection actions in federal and state courts nationwide, recovering more than $10 billion for clients and the classes it has represented.
Kaplan Fox is widely regarded as one of the nation's premier plaintiffs' securities litigation firms and has received recognition from Chambers and Partners, Benchmark Litigation, Super Lawyers, and Lawdragon. Serving as lead or co-lead counsel in many landmark cases, the firm has secured some of the largest recoveries in the history of securities litigation, including a $2.425 billion recovery on behalf of Bank of America shareholders in In re Bank of America—the largest recovery ever obtained for claims under Section 14(a) of the Securities Exchange Act—$800 million recovered for the Arkansas Teacher Retirement System and other pension funds in ATRS v. Allianz Global Investors, and a $475 million settlement in In re Merrill Lynch.
For decades, Kaplan Fox has represented public pension funds, institutional investors, businesses, and individuals in high-stakes litigation. Through its successful advocacy and precedent-setting victories, the firm has helped shape important areas of securities and corporate law while advancing accountability and protecting investor interests.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules. Past results do not guarantee future outcomes.
If you have any questions about this Notice, your rights, or your interests, please contact:
Contacting or submitting information to Kaplan Fox & Kilsheimer LLP does not create an attorney-client relationship, nor an obligation on the part of Kaplan Fox to retain you as a client.
NEW YORK, Aug. 25, 2026 (GLOBE NEWSWIRE) -- Pomerantz LLP announces that a class action lawsuit has been filed against Futu Holdings Ltd. (“Futu” or the “Company”) (NASDAQ: FUTU). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, (or 888.4-POMLAW), toll-free, Ext. 7980. Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and the number of shares purchased.
The class action concerns whether Futu and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
You have until August 25, 2026, to ask the Court to appoint you as Lead Plaintiff for the class if you purchased or otherwise acquired Futu securities during the Class Period. A copy of the Complaint can be obtained at www.pomerantzlaw.com.
[Click here for information about joining the class action]
On May 22, 2026, Reuters published an article entitled “China to crack down on ‘illegal’ cross-border securities.” The article reported that China “would punish brokers it accused of illegally moving money to foreign markets[.]” The article further reported that online brokers, including Futu, “would be penalised for soliciting business in China without an onshore licence[.]”
On this news, the price of Futu American Depositary Shares (“ADSs”) fell $34.10 per ADS, or 27.5%, to close at $89.76 per ADS on May 22, 2026.
Then, on May 28, 2026, Futu issued a press release reporting its financial results for the first quarter 2026, including net income of HK$831.0 million (US$106.0million) after giving effect to the proposed penalties comprised of: “(i) confiscation of illegal gains of approximately RMB470 million [approximately $69.21 million USD], and (ii) imposition of fines of approximately RMB1.38 billion, [approximately $20 billion USD] in an aggregate amount of approximately RMB1.85 billion.” The press release reported this adjustment under the Company’s financial statements as “Others, net” in its statements of comprehensive income for the applicable period.
On this news, Futu’s ADS price fell $5.31 per ADS, or 4.8%, to close at $104.91 per ADS on May 28, 2026.
Pomerantz LLP, with offices in New York, Chicago, Los Angeles, London, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com.
Attorney advertising. Prior results do not guarantee similar outcomes.
New York, New York--(Newsfile Corp. - August 25, 2026) - WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Futu Holdings Limited (NASDAQ: FUTU) between May 24, 2023 and May 27, 2026, inclusive (the "Class Period"), of the important August 25, 2026 lead plaintiff deadline.
SO WHAT: If you purchased Futu securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.
WHAT TO DO NEXT: To join the Futu class action, go to https://rosenlegal.com/cases/futu-holdings-limited/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than August 25, 2026. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.
WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually handle securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered billions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.
DETAILS OF THE CASE: According to the lawsuit, throughout the Class Period, defendants made materially false and misleading statements and/or failed to disclose that: (1) Futu was not in compliance with the requirements of the China Securities Regulatory Commission (the "CSRC"), including because Futu continued to conduct securities business, public fund sales business and futures business in mainland China without obtaining the requisite licenses or approval; (2) as a result, Futu was reasonably likely to face regulatory penalties, including the disgorgement of ill-gotten gains and other penalties; (3) as a result of the foregoing, Futu's financial results were overstated; and (4) as a result of the foregoing, defendants' positive statements about Futu's business, operations, and prospects were materially misleading and/or lacked a reasonable basis. When the true details entered the market, the lawsuit claims that investors suffered damages.
To join the Futu class action, go to https://rosenlegal.com/cases/futu-holdings-limited/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.
No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.
Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.
Attorney Advertising. Prior results do not guarantee a similar outcome.
-------------------------------
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/311062
Source: The Rosen Law Firm PA
Ready to Announce with Confidence? Send us a message and a member of our TMX Newsfile team will contact you to discuss your needs.
Image 1 Michael Arbus, CEO of Moomoo Financial Canada and the winner of the Canada’s Top Trader competition, Dinghao Zhang at the Moomoo Store at CF Markville, located in Markham, Ontario, Canada.
TORONTO, Aug. 26, 2026 (GLOBE NEWSWIRE) -- Moomoo Financial Canada has announced the winner of its inaugural Canada's Top Trader Competition, the country's first live, real-money national trading competition held in partnership with Nasdaq. Running from June 1 to July 31, 2026, the competition attracted more than 8,000 registered participants from across the country and generated the highest trading activity in Moomoo Financial Canada’s history.
Over two months, investors competed using their own capital in live markets while tracking their performance on a national leaderboard. The competition brought together participants from coast to coast, highlighting Canadians’ growing interest in self-directed investing and financial education.
Following the competition, Dinghao Zhang of Thunderbay, Ontario earned the title of Canada’s Top Trader 2026, achieving a 4,972% return to secure first place among thousands of participants. In recognition of the achievement, the winner’s name will be showcased on the iconic Nasdaq MarketSite billboard in New York City’s Times Square, celebrating Canada’s top trader on one of the world’s most recognizable financial stages.
"This competition surpassed our expectations, bringing together more than 8,000 Canadians from across the country to learn, compete and engage with markets,” said Michael Arbus, Chief Executive Officer of Moomoo Financial Canada. "The overwhelming response and record trading activity demonstrate the growing demand for accessible investing tools and financial education. We are proud to have created an experience that empowered investors of all levels while fostering a strong investing community."
Dinghao added, “Winning Canada’s Top Trader Competition is an incredible honour. Competing alongside thousands of investors from across the country challenged me to stay disciplined, trust my strategy, and continue learning. I am grateful to have been part of an experience that celebrates investing and inspires more Canadians to build confidence in the markets.”
The strong response to the inaugural competition is setting the stage for the second Canada’s Top Trader Competition, launching this September and running through November 2026. The next edition will once again give Canadians an opportunity to put their trading strategies to the test in live markets while connecting with a growing community of self-directed investors.
The new competition is set to launch on September 1, 2026, and will offer participants a chance to win a new Tesla Model 3. Canadians can begin pre-registration today at https://www.moomoo.com/ca/competition/top-trader2.
Highlights from the Inaugural Competition
More than 8,000 registered participants40% of participants represented cities such as Toronto and VancouverSpaceX and NVIDIA were the most traded stocks amongst the participantsCanada's first live, real-money national trading competition in partnership with Nasdaq$1,000,000 CAD prize pool awarded As Moomoo Financial Canada looks ahead to the second edition, Canada’s Top Trader reflects the company’s ongoing commitment to making investing more accessible through innovative technology, investor education and community engagement. By bringing Canadians together to learn, compete and participate in live markets, the competition aims to foster greater confidence and engagement among today’s self-directed investors.
More details about the second Canada’s Top Trader Competition is available at https://www.moomoo.com/ca/competition/top-trader2.
About Moomoo Financial Canada
Moomoo Financial Canada Inc. is an award-winning trading platform built to democratize access to professional-grade tools, real-time market data, and advanced analytics typically associated with institutional trading environments. Named by Benzinga as the #1 U.S. Stock Trading Platform for Canadians, the platform helps active and self-directed investors see market signals sooner and act with more confidence.
Regulated by the Canadian Investment Regulatory Organization (CIRO) and a member of the Canadian Investor Protection Fund (CIPF), Moomoo Financial Canada Inc. is an affiliate of Futu Holdings Limited (NASDAQ: FUTU), a global fintech company serving more than 30 million users worldwide.
(From left) Carlee Snyder, Head of Communications of Moomoo U.S., Sum Huang, CEO of SMK, Ricki Lasky, LPGA Chief Tour Business and Operations Officer, Ruoning Yin, Craig Kessler, LPGA Commissioner, Patty Tavatanakit, Neil McDonald, CEO of Moomoo U.S., and Casey Ceman, LPGA Vice President of Tournament Business Affairs
JERSEY CITY, N.J., Aug. 27, 2026 (GLOBE NEWSWIRE) -- Moomoo, a leading global investment and trading platform, today announced a new multi-year partnership with the Ladies Professional Golf Association (“LPGA”), to launch the Futu Ladies World Championship Presented by moomoo, a new women’s professional golf tournament set to debut in Hong Kong on March 4–7, 2027.
As part of the multi-year partnership, moomoo will serve as presenting sponsor of the Futu Ladies World Championship, to be held annually from 2027 through 2029 at The Clearwater Bay Golf & Country Club. The inaugural edition of this premier event will bring 78 of the world’s leading professional golfers to Hong Kong to compete for a $3.4 million purse, the highest prize money for an LPGA tournament in Asia, and set a new benchmark for women’s professional golf across the region.
"Moomoo's partnership with the LPGA is meaningful because we're bringing an exciting tournament with global stars to an elite destination venue, but more than that, it's about investing in women's sports and the incredible athletes who deserve this kind of platform," said Neil McDonald, CEO of moomoo U.S. "These players are world-class, and we're proud to join the LPGA in creating a global stage that matches their talent. This is about championing women's golf and helping grow the sport for the next generation."
The partnership brings together global communities united by a commitment to strategy and growth. Much like the world’s leading golfers analyze conditions, refine their strategies and make precise decisions on the course, investors navigate changing markets by leveraging information, technology and insights to make more informed decisions. Through its technology-driven platform, moomoo aims to empower investors with the tools, data and education to continually learn, adapt and make more informed investment decisions.
With more than 30 million users worldwide, moomoo continues to expand its global presence while finding new ways to connect with the communities it serves. The partnership marks a significant expansion of moomoo’s presence in major sports, building on the company’s strategy of engaging investors and fans through partnerships centered on shared values of preparation, strategy and long-term performance.
“Our fans across Asia have always been some of the most passionate in the world, and going to strong markets that match that energy matters to us—we couldn't be more excited to bring the Tour to Hong Kong,” said LPGA Commissioner Craig Kessler. “This event checks every box we look for: a championship-calibre course, a market ready for the Tour, a perfect fit within our spring Asia swing, and partners who share our vision. We're very thankful for Futu and moomoo, whose support made it possible to host an LPGA Tour event at a venue like The Clearwater Bay Golf & Country Club, with a $3.4 million purse—the largest of any LPGA Tour event in Asia.”
Additional details regarding the Futu Ladies World Championship, including competing players, fan experiences, and programming, will be announced in early 2027.
About Moomoo
Moomoo is a leading global investment and trading platform dedicated to empowering investors with user-friendly tools, data, and insights. Our platform is designed to provide essential information and technology, enabling users to make well-informed investment decisions. With advanced charting tools, pro-level analytical features, moomoo evolves alongside our users, fostering a dynamic community where investors can share, learn, and grow together.
Founded in the US, moomoo has expanded its global presence to serve investors across multiple markets, including Singapore, Australia, Japan, Canada, Malaysia, and New Zealand. As a subsidiary of a Nasdaq-listed company, moomoo is trusted by more than 30 million investors worldwide and has earned recognition from leading financial institutions and publications for its innovation and reliability, including being recognized as the #1 Broker for Stocks in North America in 2024 and 2025 by TradingView.
For more information, please visit moomoo's official website at www.moomoo.com or www.moomoo.com/ca
Accolades are not indicative of future performance. Moomoo Financial Inc. is not affiliated with TradingView. For more information, please visit:
The Ladies Professional Golf Association (LPGA) is the world's premier women's professional golf organization. Created in 1950 by 13 pioneering female Founders, the LPGA, whose members now represent nearly 40 countries, is the longest- standing professional women's sports organization. Through the LPGA Tour, the Epson Tour, the LPGA Professionals, and a joint venture with the Ladies European Tour, the LPGA provides female professionals the opportunity to pursue their dreams in the game of golf at the highest level. In addition to its professional tours and teaching accreditation programs, the LPGA features a fully integrated Foundation, which provides best-in-class programming for female golfers through its junior golf programming, and its LPGA Amateurs division, which offers its members playing and learning opportunities around the world. The LPGA aims to use its unique platform to inspire, transform and advance opportunities for girls and women, on and off the golf course. Follow the LPGA online at www.LPGA.com and download its mobile apps on Apple or Google Play. Join the social conversation on Facebook, X (formerly known as Twitter), Instagram and YouTube.
Investors looking for stocks in the Financial - Miscellaneous Services sector might want to consider either Orix (IX) or Futu Holdings Limited Sponsored ADR (FUTU). But which of these two stocks offers value investors a better bang for their buck right now?
New York, New York--(Newsfile Corp. - August 24, 2026) - WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Futu Holdings Limited (NASDAQ: FUTU) between May 24, 2023 and May 27, 2026, inclusive (the "Class Period"), of the important August 25, 2026 lead plaintiff deadline.
SO WHAT: If you purchased Futu securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.
WHAT TO DO NEXT: To join the Futu class action, go to https://rosenlegal.com/cases/futu-holdings-limited/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than August 25, 2026. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.
WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually handle securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered billions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.
DETAILS OF THE CASE: According to the lawsuit, throughout the Class Period, defendants made materially false and misleading statements and/or failed to disclose that: (1) Futu was not in compliance with the requirements of the China Securities Regulatory Commission (the "CSRC"), including because Futu continued to conduct securities business, public fund sales business and futures business in mainland China without obtaining the requisite licenses or approval; (2) as a result, Futu was reasonably likely to face regulatory penalties, including the disgorgement of ill-gotten gains and other penalties; (3) as a result of the foregoing, Futu's financial results were overstated; and (4) as a result of the foregoing, defendants' positive statements about Futu's business, operations, and prospects were materially misleading and/or lacked a reasonable basis. When the true details entered the market, the lawsuit claims that investors suffered damages.
To join the Futu class action, go to https://rosenlegal.com/cases/futu-holdings-limited/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.
No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.
Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.
Attorney Advertising. Prior results do not guarantee a similar outcome.
-------------------------------
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/311061
Source: The Rosen Law Firm PA
Ready to Announce with Confidence? Send us a message and a member of our TMX Newsfile team will contact you to discuss your needs.
FUTU Deadline: FUTU Investors Have Opportunity to Lead Futu Holdings Limited Securities Fraud Lawsuit PR Newswire
NEW YORK, Aug. 24, 2026
, /PRNewswire/ -- Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Futu Holdings Limited (NASDAQ: FUTU) between May 24, 2023 and May 27, 2026, inclusive (the "Class Period"), of the important August 25, 2026 lead plaintiff deadline.
So what: If you purchased Futu securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.
What to do next: To join the Futu class action, go to https://rosenlegal.com/cases/futu-holdings-limited/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than August 25, 2026. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.
Why Rosen Law: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually handle securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered billions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.
Details of the case: According to the lawsuit, throughout the Class Period, defendants made materially false and misleading statements and/or failed to disclose that: (1) Futu was not in compliance with the requirements of the China Securities Regulatory Commission (the "CSRC"), including because Futu continued to conduct securities business, public fund sales business and futures business in mainland China without obtaining the requisite licenses or approval; (2) as a result, Futu was reasonably likely to face regulatory penalties, including the disgorgement of ill-gotten gains and other penalties; (3) as a result of the foregoing, Futu's financial results were overstated; and (4) as a result of the foregoing, defendants' positive statements about Futu's business, operations, and prospects were materially misleading and/or lacked a reasonable basis. When the true details entered the market, the lawsuit claims that investors suffered damages.
To join the Futu class action, go to https://rosenlegal.com/cases/futu-holdings-limited/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.
No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.
Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.
Attorney Advertising. Prior results do not guarantee a similar outcome.
Contact Information:
Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
[email protected]
www.rosenlegal.com
View original content to download multimedia:https://www.prnewswire.com/news-releases/futu-deadline-futu-investors-have-opportunity-to-lead-futu-holdings-limited-securities-fraud-lawsuit-302858497.html
, /PRNewswire/ -- Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Futu Holdings Limited (NASDAQ: FUTU) between May 24, 2023 and May 27, 2026, inclusive (the "Class Period"), of the important August 25, 2026 lead plaintiff deadline.
So what: If you purchased Futu securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.
What to do next: To join the Futu class action, go to https://rosenlegal.com/cases/futu-holdings-limited/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than August 25, 2026. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.
Why Rosen Law: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually handle securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered billions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.
Details of the case: According to the lawsuit, throughout the Class Period, defendants made materially false and misleading statements and/or failed to disclose that: (1) Futu was not in compliance with the requirements of the China Securities Regulatory Commission (the "CSRC"), including because Futu continued to conduct securities business, public fund sales business and futures business in mainland China without obtaining the requisite licenses or approval; (2) as a result, Futu was reasonably likely to face regulatory penalties, including the disgorgement of ill-gotten gains and other penalties; (3) as a result of the foregoing, Futu's financial results were overstated; and (4) as a result of the foregoing, defendants' positive statements about Futu's business, operations, and prospects were materially misleading and/or lacked a reasonable basis. When the true details entered the market, the lawsuit claims that investors suffered damages.
To join the Futu class action, go to https://rosenlegal.com/cases/futu-holdings-limited/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.
No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.
Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.
Attorney Advertising. Prior results do not guarantee a similar outcome.
Contact Information:
Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
[email protected]
www.rosenlegal.com
NEW YORK, Aug. 24, 2026 (GLOBE NEWSWIRE) -- Bronstein, Gewirtz & Grossman, LLC, a nationally recognized investor-rights law firm, announces that a class action lawsuit has been filed against Futu Holdings Limited (NASDAQ: FUTU) and certain of its officers.
This lawsuit seeks to recover damages against Defendants for alleged violations of the federal securities laws on behalf of all persons and entities that purchased or otherwise acquired Futu securities between May 24, 2023 and May 27, 2026, both dates inclusive (the “Class Period”). Such investors are encouraged to join this case by visiting the firm’s site: bgandg.com/FUTU.
Futu Case Details
The Complaint alleges that, throughout the Class Period, Defendants made materially false and misleading statements and/or failed to disclose that:
Futu was not in compliance with the requirements of the China Securities Regulatory Commission (“CSRC”), including because Futu continued to conduct securities business, public fund sales business, and futures business in mainland China without obtaining the requisite licenses or approval;as a result, Futu was reasonably likely to face regulatory penalties, including the disgorgement of ill-gotten gains and other penalties; andas a result of the foregoing, Futu’s financial results were overstated; andas a result of the foregoing, defendants’ positive statements about Futu’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis. What's Next for Futu Investors?
A class action lawsuit has already been filed. If you wish to review a copy of the Complaint, you can visit the firm’s site: bgandg.com/FUTU. or you may contact Peretz Bronstein, Esq. or his Client Relations Manager, Nathan Miller, of Bronstein, Gewirtz & Grossman, LLC at 917-590-0911. If you suffered a loss in Futu you have until August 25, 2026, to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as lead plaintiff.
No Cost to Futu Investors
We, Bronstein, Gewirtz & Grossman LLC, represent investors in class actions on a contingency fee basis. That means we will ask the court to reimburse us for out-of-pocket expenses and attorneys’ fees, usually a percentage of the total recovery, only if we are successful.
Why Bronstein, Gewirtz & Grossman, LLC for Futu Securities Class Action?
Bronstein, Gewirtz & Grossman, LLC is a nationally recognized firm that represents investors in securities fraud class actions and shareholder derivative suits. Our firm has recovered hundreds of millions of dollars for investors nationwide. More at www.bgandg.com
"Our practice centers on restoring investor capital and ensuring corporate accountability, which serves to uphold the essential integrity of the marketplace," said Peretz Bronstein, Founding Partner of Bronstein, Gewirtz & Grossman, LLC.
Follow us for updates on LinkedIn, X, Facebook, or Instagram.
Contact Info
Peretz Bronstein, Esq. or Nathan Miller
Bronstein, Gewirtz & Grossman, LLC
917-590-0911 | [email protected]
Attorney advertising.
Prior results do not guarantee similar outcomes.
New York, New York--(Newsfile Corp. - August 24, 2026) - Kaplan Fox & Kilsheimer LLP announces that a class action lawsuit has been filed against Futu Holdings Limited ("Futu" or the "Company") (NASDAQ: FUTU) on behalf of investors that purchased or otherwise acquired Futu shares between May 24, 2023 and May 27, 2026 (the "Class Period").
CLICK HERE TO JOIN THE CASE
If you are an investor in Futu and have suffered losses, you may CLICK HERE to contact us. You may also contact Kaplan Fox by emailing [email protected] or by calling (646) 315-9003.
DEADLINE REMINDER: If you are a member of the proposed Class, you may move the court no later than August 25, 2026 to serve as a lead plaintiff for the purported class. If you have losses we encourage you to contact us to learn more about the lead plaintiff process. You need not seek to become a lead plaintiff in order to share in any possible recovery.
According to the complaint, on May 22, 2026, before the market opened, Reuters published an article reporting that the China Securities Regulatory Commission ("CSRC"), along with seven other government agencies including the central bank, had launched a crackdown aimed at "brokers it accused of illegally moving money to foreign markets" including "overseas firms and their local partners operating without approval." The article allegedly reported that online brokers including Futu "would be penalised for soliciting business in China without an onshore licence, the securities regulator said."
Also on May 22, 2026, Futu disclosed in a press release that it had received a Notification Letter from the CSRC. The Company reported the letter states "certain Futu entities in mainland China and Hong Kong (the "Related Companies") without obtaining the requisite licenses or approval, conducted securities business, public fund sales business and futures business in mainland China." The press release further states that the CSRC "proposes to order the Related Companies to rectify or cease such activities, confiscate illegal gains, and impose fines, with the total proposed penalty amounting to approximately RMB1.85 billion (approximately USD271 million)."
On May 22, 2026, the price of Futu shares fell $34.10 per share, or 27.5%, to close at $89.76 per share.
Then, on May 28, 2026, before the market opened, Futu announced in a press releasee financial results for the first quarter of 2026. According to the complaint, the Company reported net income of HK$831.0 million (US$106.0 million) after giving effect to the proposed penalties comprised of: "(i) confiscation of illegal gains of approximately RMB470 million [approximately $69.21 million USD], and (ii) imposition of fines of approximately RMB1.38 billion, [approximately $20 billion USD] in an aggregate amount of approximately RMB1.85 billion."
On May 28, 2026, the price of Futu shares fell $5.31 per share, or 4.8%, to close at $104.91 per share.
The complaint alleges, among other things, that throughout the Class Period, Defendants failed to disclose to investors that (1) Futu was not in compliance with the requirements of the CSRC, including because the Company continued to conduct securities business, public fund sales business and futures business in mainland China without obtaining the requisite licenses or approval; (2) as a result, Futu was reasonably likely to face regulatory penalties, including the disgorgement of ill-gotten gains and other penalties; and (3) as a result of the foregoing, Futu's financial results were overstated.
WHY CONTACT KAPLAN FOX?
Kaplan Fox & Kilsheimer LLP is a nationally recognized law firm focused on complex litigation, with offices in New York, Oakland, Los Angeles, Chicago, and New Jersey. Founded in 1956, the firm has spent more than 50 years prosecuting securities, antitrust, and consumer protection actions in federal and state courts nationwide, recovering more than $10 billion for clients and the classes it has represented.
Kaplan Fox is widely regarded as one of the nation's premier plaintiffs' securities litigation firms and has received recognition from Chambers and Partners, Benchmark Litigation, Super Lawyers, and Lawdragon. Serving as lead or co-lead counsel in many landmark cases, the firm has secured some of the largest recoveries in the history of securities litigation, including a $2.425 billion recovery on behalf of Bank of America shareholders in In re Bank of America-the largest recovery ever obtained for claims under Section 14(a) of the Securities Exchange Act-$800 million recovered for the Arkansas Teacher Retirement System and other pension funds in ATRS v. Allianz Global Investors, and a $475 million settlement in In re Merrill Lynch.
For decades, Kaplan Fox has represented public pension funds, institutional investors, businesses, and individuals in high-stakes litigation. Through its successful advocacy and precedent-setting victories, the firm has helped shape important areas of securities and corporate law while advancing accountability and protecting investor interests.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules. Past results do not guarantee future outcomes.
If you have any questions about this Notice, your rights, or your interests, please contact:
Contacting or submitting information to Kaplan Fox & Kilsheimer LLP does not create an attorney-client relationship, nor an obligation on the part of Kaplan Fox to retain you as a client.
LOS ANGELES, Aug. 24, 2026 (GLOBE NEWSWIRE) -- Glancy Prongay Wolke & Rotter LLP reminds investors of the upcoming August 25, 2026 deadline to file a lead plaintiff motion in the class action filed on behalf of investors who purchased or otherwise acquired Futu Holdings Limited ("Futu" or the "Company") (NASDAQ: FUTU) securities between May 24, 2023 and May 27, 2026 inclusive (the “Class Period”).
IF YOU SUFFERED A LOSS ON YOUR FUTU HOLDINGS INVESTMENTS, CLICK HERE TO INQUIRE ABOUT POTENTIALLY PURSUING CLAIMS TO RECOVER YOUR LOSS UNDER THE FEDERAL SECURITIES LAWS.
What Happened?
On December 30, 2022, the China Securities Regulatory Commission (“CSRC”) issued a statement that Futu has conducted cross-border securities businesses with domestic investors in mainland China without regulatory consent. As a result, Futu was banned from opening new accounts from mainland Chinese investors and soliciting new business from mainland investors.
Then, on May 22, 2026, before the market opened, Reuters published an article reporting that the CSRC, along with seven other government agencies including the central bank, had launched a crackdown aimed at “brokers it accused of illegally moving money to foreign markets” including “overseas firms and their local partners operating without approval.” The article reported “online brokers Tiger, Futu and Longbridge would be penalised for soliciting business in China without an onshore licence, the securities regulator said.”
On the same date, pre-market, Futu issued a press release disclosing that it had received a Notification Letter from the CSRC. The Company reported the letter states “certain Futu entities in mainland China and Hong Kong … without obtaining the requisite licenses or approval, conducted securities business, public fund sales business and futures business in mainland China.” The letter further states the CSRC “proposes to order the Related Companies to rectify or cease such activities, confiscate illegal gains, and impose fines, with the total proposed penalty amounting to approximately RMB1.85 billion (approximately USD271 million).” Further, the regulatory authority “proposes to impose a personal fine of RMB1.25 million (approximately USD 183,575) on Mr. LI Hua, the founder and CEO of the Company.”
On this news, Futu’s stock price fell $34.10, or 27.5%, to close at $89.76 per share on May 22, 2026, on unusually heavy trading volume.
Then, on May 28, 2026, before the market opened, Futu issued a press release reporting financial results for the first quarter 2026, including net income of HK$831.0 million (US$106.0 million) after giving effect to the proposed penalties comprised of: “(i) confiscation of illegal gains of approximately RMB470 million [approximately $69.21 million USD], and (ii) imposition of fines of approximately RMB1.38 billion, [approximately $205 million USD] in an aggregate amount of approximately RMB1.85 billion.” The press release reported this adjustment under the Company’s financial statements as “Others, net” in its statements of comprehensive income for the applicable period.
On this news, Futu’s stock price fell $5.31, or 4.8%, to close at $104.91 on May 28, 2026, on unusually heavy trading volume.
What Is The Lawsuit About?
The complaint filed alleges that, between May 24, 2023 and May 27, 2026, Defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Company's business, operations, and prospects. Specifically, Defendants failed to disclose to investors that: (1) Futu was not in compliance with the requirements of the CSRC, including because the Company continued to conduct securities business, public fund sales business and futures business in mainland China without obtaining the requisite licenses or approval; (2) as a result, Futu was reasonably likely to face regulatory penalties, including the disgorgement of ill-gotten gains and other penalties; (3) as a result of the foregoing, Futu's financial results were overstated; and (4) as a result of the foregoing, Defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.
If you purchased or otherwise acquired Futu Holdings Limited securities between May 24, 2023 and May 27, 2026, you may move the Court no later than August 25, 2026 to request appointment as lead plaintiff in this putative class action lawsuit.
Contact Us To Participate or Learn More:
If you wish to learn more about this action, or if you have any questions concerning this announcement or your rights or interests with respect to these matters, please contact us:
Charles Linehan, Esq.,
Glancy Prongay Wolke & Rotter LLP,
1925 Century Park East, Suite 2100,
Los Angeles California 90067
Email: [email protected]
Telephone: 310-201-9150,
Toll-Free: 888-773-9224
Visit our website at www.glancylaw.com.
Follow us for updates on LinkedIn, Twitter, or Facebook.
If you inquire by email, please include your mailing address, telephone number and number of shares purchased.
To be a member of the class action you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the class action.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
Contact Us:
Glancy Prongay Wolke & Rotter LLP,
1925 Century Park East, Suite 2100
Los Angeles, CA 90067
Charles Linehan
Email: [email protected]
Telephone: 310-201-9150
Toll-Free: 888-773-9224
Visit our website at: www.glancylaw.com.
NEW YORK, Aug. 24, 2026 (GLOBE NEWSWIRE) -- Levi & Korsinsky, LLP highlights the contrast between Futu Holdings Limited's (NASDAQ: FUTU) public assurances and what allegedly happened behind the scenes. Investors who purchased FUTU securities between May 24, 2023 and May 27, 2026 and suffered losses may be entitled to compensation. Find out if you can recover your investment losses or contact Joseph E. Levi, Esq. at [email protected] or (212) 363-7500.
FUTU shares lost $34.10 per share on May 22, 2026, a 27.5% single-session decline, after regulators proposed penalties of approximately USD 271 million. The lead plaintiff deadline is August 25, 2026.
The Promise: Compliance Through Rectification
Beginning in 2023, Futu repeatedly told the investing public that it was cooperating with the China Securities Regulatory Commission. In its FY2023 annual report filed with the SEC, the Company stated it had "taken and may continue to take rectification measures on our business based on the requirements from the CSRC." The Company pointed to the removal of its Futubull app from mainland Chinese app stores as evidence of its compliance efforts. Across multiple SEC filings through 2025, Futu used nearly identical language, creating the impression that regulatory risk was being actively managed and reduced.
The Reality: Continued Unlicensed Operations
The CSRC's May 2026 Notification Letter told a different story, the lawsuit contends. According to the action, Futu entities in mainland China and Hong Kong had continued to conduct securities business, public fund sales, and futures business without obtaining the requisite licenses or approval. The rectification measures Futu publicly touted allegedly did not stop the unlicensed activity that regulators had flagged years earlier.
The Numbers: Promised vs. Actual
The Promise: "We have taken rectification measures … based on the requirements from the CSRC" (FY2023 and FY2024 20-F filings)The Reality: CSRC proposed confiscation of RMB 470 million in illegal gains, confirming alleged continued unlicensed operationsThe Promise: Risk factor language framing penalties as speculative possibilities that "could" or "may" occurThe Reality: RMB 1.85 billion aggregate penalty proposed, approximately USD 271 millionThe Promise: Quarterly earnings releases touting paying client growth from 1.5 million to over 3.3 million (funded accounts) and client assets surging past HK$900 billionThe Reality: Revenue generated from mainland Chinese investors was allegedly derived from unlicensed activity, rendering reported financial growth figures materially misleading Speak with an attorney about whether you can recover damages or call (212) 363-7500.
What the Lawsuit Alleges About the Gap
The complaint asserts that Futu's public statements created a false narrative of regulatory cooperation while the Company continued the precise conduct the CSRC had warned against. Quarter after quarter, Futu reported surging client numbers, expanding trading volumes, and rising revenues without disclosing that a material portion of this growth allegedly stemmed from business conducted in violation of Chinese securities regulations.
The gap between what investors were told and what was allegedly occurring is at the core of this securities action. When the CSRC finally proposed its penalty in May 2026, investors absorbed losses of more than $34 per share in a single trading session, followed by an additional $5.31 per share decline days later when Q1 2026 earnings reflected the penalty's financial impact.
"Companies that make specific promises to investors about future performance have an obligation to disclose known risks to those projections. The contrast between Futu's repeated assurances of regulatory cooperation and the scale of the proposed penalty raises serious questions about the adequacy of the Company's disclosures throughout the Class Period." -- Joseph E. Levi, Esq.
Join the FUTU recovery action to pursue your per-share losses or contact Joseph E. Levi, Esq. at (212) 363-7500.
ABOUT LEVI & KORSINSKY, LLP — Over the past 20 years, Levi & Korsinsky has secured hundreds of millions of dollars for aggrieved shareholders. The firm has extensive expertise in complex securities litigation and a team of over 70 employees. For seven consecutive years, Levi & Korsinsky has ranked in ISS Securities Class Action Services' Top 50 Report. Investors who suffered losses have until August 25, 2026 to seek appointment as lead plaintiff. Attorney Advertising. Prior results do not guarantee similar outcomes.
Frequently Asked Questions About the FUTU Lawsuit
Q: What specific misstatements does the FUTU lawsuit allege? A: The complaint alleges Futu Holdings made materially false or misleading statements regarding its compliance with CSRC regulatory requirements and the adequacy of its rectification measures during the Class Period. When the true state of affairs was revealed through the CSRC's proposed RMB 1.85 billion penalty, the stock price declined sharply.
Q: How much did FUTU stock drop? A: Shares fell approximately 27.5%, a decline of $34.10 per share, after the Company disclosed receipt of a CSRC Notification Letter proposing penalties of approximately USD 271 million. Shares dropped an additional 4.8% ($5.31 per share) days later when Q1 2026 earnings reflected the penalty.
Q: What if I already sold my FUTU shares -- can I still recover losses? A: Yes. Eligibility is based on when you purchased, not whether you still hold them. Investors who bought during the Class Period and sold at a loss may still participate.
Q: What do FUTU investors need to do right now? A: Gather brokerage records including purchase dates, share quantities, and prices paid. Contact Levi & Korsinsky for a free, no-obligation evaluation at [email protected] or (212) 363-7500. No immediate action is required to remain eligible as a class member.
Q: What is a lead plaintiff and why does it matter? A: A lead plaintiff is the investor appointed by the court to represent the entire class. Lead plaintiffs are typically investors with the largest documented losses. Being appointed does not increase individual recovery but gives direct oversight of how the case is run.
Q: Do I need to go to court or give testimony? A: No. The overwhelming majority of class members never appear in court or give depositions. You submit a claim form to receive your portion of recovery.
Q: What does it cost me to participate? A: Nothing. Securities class actions are handled on a pure contingency basis. No upfront fees, no retainer, no out-of-pocket costs.
Q: When did Futu Holdings allegedly mislead investors? A: The Class Period runs from May 24, 2023 to May 27, 2026. The alleged fraud was revealed through corrective disclosures on May 22, 2026 and May 28, 2026, causing significant stock declines on both dates.
CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
33 Whitehall Street, 27th Floor
New York, NY 10004 [email protected]
Tel: (212) 363-7500
Fax: (212) 363-7171
LOS ANGELES, Aug. 24, 2026 (GLOBE NEWSWIRE) -- Schall, Brown & Schwartz LLP (“SBS”), a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Futu Holdings Limited (“Futu” or “the Company”) (NASDAQ: FUTU) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.
Shareholders who purchased shares of FUTU during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointments. Appointment as lead plaintiff is not required to partake in any recovery.
CLASS PERIOD: May 24, 2023 to May 27, 2026
DEADLINE: August 25, 2026
If you are a shareholder who suffered a loss, click here to participate.
CASE DETAILS: According to the Complaint, the Company made false and misleading statements to the market. Futu failed to maintain compliance with the China Securities Regulatory Commission (“CSRC”). The Company was likely to face regulatory action in China due to its failure to comply with CSRC regulations. Based on these facts, the Company’s public statements were false and materially misleading throughout the class period. When the market learned the truth about Futu, investors suffered damages.
We also encourage you to contact Brian Schall or David Schwartz of Schall, Brown & Schwartz LLP, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at [email protected].
The class, in this case, has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.
Join the case to recover your losses
WHY SBS? Schall, Brown & Schwartz LLP represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation. Bringing together the extensive experience and diverse skillsets of founding partners Brian Schall, Andrew Brown, and David Schwartz, SBS is dedicated to aggressively advocating for every investor.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.
CONTACT:
Schall, Brown & Schwartz LLP
Brian Schall, Esq.,
Andrew Brown, Esq.,
David Schwartz, Esq.,
www.schallfirm.com
Office: 310-301-3335 [email protected]
NEW YORK, Aug. 24, 2026 (GLOBE NEWSWIRE) -- Kaplan Fox & Kilsheimer LLP announces that a class action lawsuit has been filed against Futu Holdings Limited (“Futu” or the “Company”) (NASDAQ: FUTU) on behalf of investors that purchased or otherwise acquired Futu shares between May 24, 2023 and May 27, 2026 (the “Class Period”).
CLICK HERE TO JOIN THE CASE
If you are an investor in Futu and have suffered losses, you may CLICK HERE to contact us. You may also contact Kaplan Fox by emailing [email protected] or by calling (646) 315-9003.
DEADLINE REMINDER: If you are a member of the proposed Class, you may move the court no later than August 25, 2026 to serve as a lead plaintiff for the purported class. If you have losses we encourage you to contact us to learn more about the lead plaintiff process. You need not seek to become a lead plaintiff in order to share in any possible recovery.
According to the complaint, on May 22, 2026, before the market opened, Reuters published an article reporting that the China Securities Regulatory Commission (“CSRC”), along with seven other government agencies including the central bank, had launched a crackdown aimed at “brokers it accused of illegally moving money to foreign markets” including “overseas firms and their local partners operating without approval.” The article allegedly reported that online brokers including Futu “would be penalised for soliciting business in China without an onshore licence, the securities regulator said.”
Also on May 22, 2026, Futu disclosed in a press release that it had received a Notification Letter from the CSRC. The Company reported the letter states “certain Futu entities in mainland China and Hong Kong (the “Related Companies”) without obtaining the requisite licenses or approval, conducted securities business, public fund sales business and futures business in mainland China.” The press release further states that the CSRC “proposes to order the Related Companies to rectify or cease such activities, confiscate illegal gains, and impose fines, with the total proposed penalty amounting to approximately RMB1.85 billion (approximately USD271 million).”
On May 22, 2026, the price of Futu shares fell $34.10 per share, or 27.5%, to close at $89.76 per share.
Then, on May 28, 2026, before the market opened, Futu announced in a press releasee financial results for the first quarter of 2026. According to the complaint, the Company reported net income of HK$831.0 million (US$106.0 million) after giving effect to the proposed penalties comprised of: “(i) confiscation of illegal gains of approximately RMB470 million [approximately $69.21 million USD], and (ii) imposition of fines of approximately RMB1.38 billion, [approximately $20 billion USD] in an aggregate amount of approximately RMB1.85 billion.”
On May 28, 2026, the price of Futu shares fell $5.31 per share, or 4.8%, to close at $104.91 per share.
The complaint alleges, among other things, that throughout the Class Period, Defendants failed to disclose to investors that (1) Futu was not in compliance with the requirements of the CSRC, including because the Company continued to conduct securities business, public fund sales business and futures business in mainland China without obtaining the requisite licenses or approval; (2) as a result, Futu was reasonably likely to face regulatory penalties, including the disgorgement of ill-gotten gains and other penalties; and (3) as a result of the foregoing, Futu’s financial results were overstated.
WHY CONTACT KAPLAN FOX?
Kaplan Fox & Kilsheimer LLP is a nationally recognized law firm focused on complex litigation, with offices in New York, Oakland, Los Angeles, Chicago, and New Jersey. Founded in 1956, the firm has spent more than 50 years prosecuting securities, antitrust, and consumer protection actions in federal and state courts nationwide, recovering more than $10 billion for clients and the classes it has represented.
Kaplan Fox is widely regarded as one of the nation's premier plaintiffs' securities litigation firms and has received recognition from Chambers and Partners, Benchmark Litigation, Super Lawyers, and Lawdragon. Serving as lead or co-lead counsel in many landmark cases, the firm has secured some of the largest recoveries in the history of securities litigation, including a $2.425 billion recovery on behalf of Bank of America shareholders in In re Bank of America—the largest recovery ever obtained for claims under Section 14(a) of the Securities Exchange Act—$800 million recovered for the Arkansas Teacher Retirement System and other pension funds in ATRS v. Allianz Global Investors, and a $475 million settlement in In re Merrill Lynch.
For decades, Kaplan Fox has represented public pension funds, institutional investors, businesses, and individuals in high-stakes litigation. Through its successful advocacy and precedent-setting victories, the firm has helped shape important areas of securities and corporate law while advancing accountability and protecting investor interests.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules. Past results do not guarantee future outcomes.
If you have any questions about this Notice, your rights, or your interests, please contact:
CONTACT:
Pamela A. Mayer
KAPLAN FOX & KILSHEIMER LLP
800 Third Avenue, 38th Floor
New York, New York 10022
(646) 315-9003 [email protected]
Laurence D. King
KAPLAN FOX & KILSHEIMER LLP
1999 Harrison Street, Suite 1501
Oakland, California 94612
(415) 772-4704 [email protected]
Contacting or submitting information to Kaplan Fox & Kilsheimer LLP does not create an attorney-client relationship, nor an obligation on the part of Kaplan Fox to retain you as a client.
Philadelphia, Pennsylvania--(Newsfile Corp. - August 24, 2026) - National plaintiffs' law firm Berger Montague PC announces a class action lawsuit against Futu Holdings Limited (NASDAQ: FUTU) ("Futu" or the "Company") on behalf of investors who purchased or acquired Futu securities during the period from May 24, 2023 through May 27, 2026 (the "Class Period").
Investor Deadline: Investors who purchased or acquired Futu securities during the Class Period may, no later than August 25, 2026, seek to be appointed as a lead plaintiff representative of the class. To learn your rights, CLICK HERE.
Based in Hong Kong, Futu operates an online brokerage platform offering securities trading, wealth management products, and related financial services to investors in multiple markets.
According to the complaint, throughout the Class Period, Defendants failed to disclose that certain Futu entities allegedly conducted securities business, public fund sales business, and futures business in mainland China without obtaining the requisite licenses or approvals, subjecting Futu to significant regulatory enforcement and monetary penalties.
The truth allegedly began to emerge on May 22, 2026, when Futu disclosed that it had received a Notification Letter from the CSRC proposing approximately RMB1.85 billion (approximately US$271 million) in confiscation of alleged illegal gains and fines, as well as a proposed personal fine against the Company's founder and CEO, Li Hua. Following these disclosures, Futu's stock price declined 27.5%.
The alleged risks further materialized on May 28, 2026, when Futu announced first-quarter 2026 financial results reflecting the proposed penalties. Following this disclosure, the Company's stock price declined an additional 4.8%.
If you are a Futu investor and would like to learn more about this action, CLICK HERE or please contact Berger Montague: Andrew Abramowitz at [email protected] or (215) 875-3015, or Caitlin Adorni at [email protected] or (267) 764-4865.
About Berger Montague
Berger Montague is one of the nation's preeminent law firms focusing on complex civil litigation, class actions, and mass torts in federal and state courts throughout the United States. With more than $2.4 billion in 2025 post-trial judgments alone, the Firm is a leader in the fields of complex litigation, antitrust, consumer protection, defective products, environmental law, employment law, securities, and whistleblower cases, among many other practice areas. For over 55 years, Berger Montague has played leading roles in precedent-setting cases and has recovered over $50 billion for its clients and the classes they have represented. Berger Montague is headquartered in Philadelphia and has offices in Chicago; Malvern, PA; Minneapolis; San Diego; San Francisco; Toronto, Canada; Washington, D.C., and Wilmington, DE.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/310977
Source: Berger Montague
Ready to Announce with Confidence? Send us a message and a member of our TMX Newsfile team will contact you to discuss your needs.
, /PRNewswire/ -- The DJS Law Group reminds investors of a class action lawsuit against Futu Holdings Limited ("Futu" or "the Company") (NASDAQ: FUTU) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.
Shareholders who purchased shares of FUTU during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointments. Appointment as lead plaintiff is not required to partake in any recovery.
CLASS PERIOD: May 24, 2023 to May 27, 2026
DEADLINE: August 25, 2026
CASE DETAILS: According to the Complaint, the Company made false and misleading statements to the market. Futu operated in China without licensing and approval from the China Securities Regulatory Commission ("CSRC"), putting it at risk of regulatory action in the country. Based on these facts, Futus public statements were false and materially misleading throughout the class period.
If you are a shareholder who suffered a loss, contact us to participate.
WHY DJS LAW GROUP? DJS Law Group's primary focus is to enhance investor return through balanced counseling and aggressive advocacy. As one of the founding partners of Schall Brown & Schwartz LLP (schallfirm.com), David Schwartz specializes in securities class actions, corporate governance litigation, and domestic/international M&A appraisals. Our clients are some of the largest and most sophisticated hedge funds and alternative asset managers in the world. The litigation claims of our clients are extraordinarily valuable assets that demand respect, focus, and results.
Join the case to recover your losses.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.
, /PRNewswire/ -- Schall Brown & Schwartz LLP, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Futu Holdings Limited ("Futu" or "the Company") (NASDAQ: FUTU) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.
If you purchased Futu Holdings Limited securities you may be entitled to compensation without payment of any out-of-pocket fees or costs. Shareholders who purchased shares of FUTU during the class period listed are encouraged to contact SBS to find out if they are eligible to recover their losses or lead this lawsuit. Appointment as lead plaintiff is not required to partake in any recovery. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.
CLASS PERIOD: May 24, 2023 to May 27, 2026
DEADLINE: August 25, 2026
If you are a shareholder who suffered a loss, click here to participate.
Details of the Case: According to the Complaint, the Company made false and misleading statements to the market. Futu failed to maintain compliance with the China Securities Regulatory Commission ("CSRC"). The Company was likely to face regulatory action in China due to its failure to comply with CSRC regulations. Based on these facts, the Company's public statements were false and materially misleading throughout the class period. When the market learned the truth about Futu, investors suffered damages.
We encourage investors to contact Brian Schall and David Schwartz of Schall Brown & Schwartz, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at [email protected].
The class, in this case, has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.
Join the case to recover your losses
Why SBS: Schall Brown & Schwartz represents investors around the world, specializing in securities class action lawsuits and shareholder rights litigation. SBS brings together the extensive experience and diverse skillsets of founding partners Brian Schall, Andrew Brown, and David Schwartz. SBS attorneys and their co-counsel are responsible for recovering over a billion dollars for violations of securities laws and corporate misfeasance.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.
CONTACT:
Schall Brown & Schwartz LLP
Brian Schall, Esq.,
Andrew Brown, Esq.,
David Schwartz, Esq.,
www.schallfirm.com
Office: 310-301-3335
[email protected]
New York, New York--(Newsfile Corp. - August 23, 2026) - WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Futu Holdings Limited (NASDAQ: FUTU) between May 24, 2023 and May 27, 2026, inclusive (the "Class Period"), of the important August 25, 2026 lead plaintiff deadline.
SO WHAT: If you purchased Futu securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.
WHAT TO DO NEXT: To join the Futu class action, go to https://rosenlegal.com/cases/futu-holdings-limited/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than August 25, 2026. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.
WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually handle securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered billions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.
DETAILS OF THE CASE: According to the lawsuit, throughout the Class Period, defendants made materially false and misleading statements and/or failed to disclose that: (1) Futu was not in compliance with the requirements of the China Securities Regulatory Commission (the "CSRC"), including because Futu continued to conduct securities business, public fund sales business and futures business in mainland China without obtaining the requisite licenses or approval; (2) as a result, Futu was reasonably likely to face regulatory penalties, including the disgorgement of ill-gotten gains and other penalties; (3) as a result of the foregoing, Futu's financial results were overstated; and (4) as a result of the foregoing, defendants' positive statements about Futu's business, operations, and prospects were materially misleading and/or lacked a reasonable basis. When the true details entered the market, the lawsuit claims that investors suffered damages.
To join the Futu class action, go to https://rosenlegal.com/cases/futu-holdings-limited/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.
No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.
Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.
Attorney Advertising. Prior results do not guarantee a similar outcome.
-------------------------------
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/310965
Source: The Rosen Law Firm PA
Ready to Announce with Confidence? Send us a message and a member of our TMX Newsfile team will contact you to discuss your needs.
WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Futu Holdings Limited (NASDAQ: FUTU) between May 24, 2023 and May 27, 2026, inclusive (the “Class Period”), of the important August 25, 2026 lead plaintiff deadline.
SO WHAT: If you purchased Futu securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.
WHAT TO DO NEXT: To join the Futu class action, go to https://rosenlegal.com/cases/futu-holdings-limited/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than August 25, 2026. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.
WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually handle securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered billions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.
DETAILS OF THE CASE: According to the lawsuit, throughout the Class Period, defendants made materially false and misleading statements and/or failed to disclose that: (1) Futu was not in compliance with the requirements of the China Securities Regulatory Commission (the “CSRC”), including because Futu continued to conduct securities business, public fund sales business and futures business in mainland China without obtaining the requisite licenses or approval; (2) as a result, Futu was reasonably likely to face regulatory penalties, including the disgorgement of ill-gotten gains and other penalties; (3) as a result of the foregoing, Futu’s financial results were overstated; and (4) as a result of the foregoing, defendants’ positive statements about Futu’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis. When the true details entered the market, the lawsuit claims that investors suffered damages.
To join the Futu class action, go to https://rosenlegal.com/cases/futu-holdings-limited/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.
No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.
Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.
Attorney Advertising. Prior results do not guarantee a similar outcome.
Contact Information:
Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827 [email protected]
www.rosenlegal.com
Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses In Futu To Contact Him Directly To Discuss Their Options
If you purchased or acquired securities in Futu between May 24, 2023 and May 27, 2026 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).
[You may also click here for additional information]
New York, New York--(Newsfile Corp. - August 23, 2026) - Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Futu Holdings Limited("Futu" or the "Company") (NASDAQ: FUTU) and reminds investors of the August 25, 2026 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company.
Faruqi & Faruqi is a leading national securities law firm with offices in New York, Pennsylvania, California and Georgia. The firm has recovered hundreds of millions of dollars for investors since its founding in 1995. See www.faruqilaw.com.
As detailed below, the complaint alleges that the Company and its executives violated federal securities laws by making false and/or misleading statements and/or failing to disclose that: (1) Futu was not in compliance with the requirements of the CSRC, including because the Company continued to conduct securities business, public fund sales business and futures business in mainland China without obtaining the requisite licenses or approval; (2) as a result, Futu was reasonably likely to face regulatory penalties, including the disgorgement of ill-gotten gains and other penalties; (3) as a result of the foregoing, Futu's financial results were overstated; and (4) as a result of the foregoing, Defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.
On May 22, 2026, pre-market, Futu issued a press release allegedly disclosing that it had received a notification letter from the CSRC stating that "certain Futu entities in mainland China and Hong Kong . . . without obtaining the requisite licenses or approval, conducted securities business, public fund sales business and futures business in mainland China" and that the CSRC "proposes to order the Related Companies to rectify or cease such activities, confiscate illegal gains, and impose fines, with the total proposed penalty amounting to approximately RMB1.85 billion (approximately USD271 million)." The Futu class action lawsuit further alleges that the regulatory authority "proposes to impose a personal fine of RMB1.25 million (approximately USD 183,575) on Mr. LI Hua, the founder and CEO of the Company." On this news, the price of Futu stock fell more than 27%, according to the complaint.
Then, on May 28, 2026, before the market opened, Futu issued a press release reporting financial results for the first quarter of 2026, allegedly including the proposed penalties comprised of "(i) confiscation of illegal gains of approximately RMB470 million [approximately $69.21 million USD] and (ii) imposition of fines of approximately RMB1.38 billion in an aggregate amount of approximately RMB1.85 billion." On this news, the price of Futu stock declined nearly 5%, according to the complaint.
The court-appointed lead plaintiff is the investor with the largest financial interest in the relief sought by the class who is adequate and typical of class members who directs and oversees the litigation on behalf of the putative class. Any member of the putative class may move the Court to serve as lead plaintiff through counsel of their choice, or may choose to do nothing and remain an absent class member. Your ability to share in any recovery is not affected by the decision to serve as a lead plaintiff or not.
Faruqi & Faruqi, LLP also encourages anyone with information regarding Futu's conduct to contact the firm, including whistleblowers, former employees, shareholders and others.
To learn more about the Futu Holdings Limited class action, go to www.faruqilaw.com/FUTU or call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).
Follow us for updates on LinkedIn, on X, or on Facebook.
Frequently Asked Questions (FAQ) for Investors Regarding the Futu Holdings Limited Securities Class Action Lawsuit:
What is the Futu Holdings Limited securities fraud lawsuit about?
The lawsuit alleges that Futu misled investors by failing to disclose it was conducting certain securities, public fund sales, and futures businesses in mainland China without required CSRC licenses or approvals. According to the complaint, this exposed the Company to significant regulatory penalties, overstated its financial results, and made its public statements about its business and prospects materially misleading.
Who may be eligible to participate in the lawsuit?
Investors who purchased or otherwise acquired Futu Holdings Limited (NASDAQ: FUTU) securities between May 24, 2023 and May 27, 2026, inclusive (the "Class Period"), and suffered losses may be eligible to participate in the securities class action. Eligibility depends on the specific facts of each investor's transactions and losses.
What is a lead plaintiff, and how can I seek appointment?
A lead plaintiff is the investor appointed by the court to represent the interests of all class members during the litigation. Generally, the investor with the largest financial interest who meets the legal requirements may be selected. Investors seeking appointment must file a motion with the court by the August 25, 2026 deadline through counsel of their choice.
What should investors do if they purchased Futu Holdings Limited stock during the Class Period?
Investors who purchased Futu securities during the Class Period should review their investment records, preserve relevant documents, and consider contacting counsel to understand their legal rights. Those interested in serving as lead plaintiff must act before the August 25, 2026 deadline, while investors who do not seek that role may still remain eligible to share in any potential recovery.
Why should investors contact Faruqi & Faruqi, LLP?
Faruqi & Faruqi, LLP has represented investors in securities litigation for decades and has recovered hundreds of millions of dollars for shareholders. Investors who purchased Futu Holdings Limited securities during the Class Period may contact the firm to discuss their legal rights, potential claims, and the lead plaintiff process at no cost or obligation.
Attorney Advertising. The law firm responsible for this advertisement is Faruqi & Faruqi, LLP (www.faruqilaw.com). Prior results do not guarantee or predict a similar outcome with respect to any future matter. We welcome the opportunity to discuss your particular case. All communications will be treated in a confidential manner.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/310840
Source: Faruqi & Faruqi LLP
Ready to Announce with Confidence? Send us a message and a member of our TMX Newsfile team will contact you to discuss your needs.
New York, New York--(Newsfile Corp. - August 22, 2026) - WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Futu Holdings Limited (NASDAQ: FUTU) between May 24, 2023 and May 27, 2026, inclusive (the "Class Period"), of the important August 25, 2026 lead plaintiff deadline.
SO WHAT: If you purchased Futu securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.
WHAT TO DO NEXT: To join the Futu class action, go to https://rosenlegal.com/cases/futu-holdings-limited/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than August 25, 2026. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.
WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually handle securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered billions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.
DETAILS OF THE CASE: According to the lawsuit, throughout the Class Period, defendants made materially false and misleading statements and/or failed to disclose that: (1) Futu was not in compliance with the requirements of the China Securities Regulatory Commission (the "CSRC"), including because Futu continued to conduct securities business, public fund sales business and futures business in mainland China without obtaining the requisite licenses or approval; (2) as a result, Futu was reasonably likely to face regulatory penalties, including the disgorgement of ill-gotten gains and other penalties; (3) as a result of the foregoing, Futu's financial results were overstated; and (4) as a result of the foregoing, defendants' positive statements about Futu's business, operations, and prospects were materially misleading and/or lacked a reasonable basis. When the true details entered the market, the lawsuit claims that investors suffered damages.
To join the Futu class action, go to https://rosenlegal.com/cases/futu-holdings-limited/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.
No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.
Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.
Attorney Advertising. Prior results do not guarantee a similar outcome.
-------------------------------
Contact Information:
Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827 [email protected]
www.rosenlegal.com
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/310954
Source: The Rosen Law Firm PA
Ready to Announce with Confidence? Send us a message and a member of our TMX Newsfile team will contact you to discuss your needs.
Futu Holdings Limited Sponsored ADR (NASDAQ:FUTU – Get Free Report)’s share price rose 8.4% during mid-day trading on Friday following a better than expected earnings announcement. The company traded as high as $122.46 and last traded at $122.21. Approximately 1,505,828 shares traded hands during mid-day trading, a decline of 35% from the average daily volume of 2,302,385 shares. The stock had previously closed at $112.73.
The company reported $3.33 EPS for the quarter, topping the consensus estimate of $2.98 by $0.35. The firm had revenue of $852.66 million during the quarter, compared to the consensus estimate of $786.07 million. Futu had a return on equity of 28.10% and a net margin of 42.95%.
Trending Headlines about Futu Here are the key news stories impacting Futu this week:
Positive Sentiment: Strong earnings beat: Futu reported quarterly earnings of $3.33 per share, above the $2.98 consensus estimate, while revenue of $852.66 million exceeded expectations of $786.07 million. The results were supported by record trading activity, and reports indicated quarterly profit rose 42%. Futu Announces Second Quarter 2026 Unaudited Financial Results Positive Sentiment: Healthy profitability and operating momentum: Futu reported a 41.87% net margin and 26.48% return on equity. The earnings beat and strong trading-volume growth appear to be the primary reasons investor sentiment improved. Neutral Sentiment: Trading reaction: Futu’s stock added roughly $800 million in market value during the session as investors responded to the results, but the shares remain below their 200-day moving average and well under their 52-week high, indicating continued volatility. Futu Holdings Surges, Adding Market Value Negative Sentiment: Legal risk remains prominent: Multiple law firms reminded investors of an August 25 deadline to seek lead-plaintiff status in a securities class action covering purchases from May 24, 2023, through May 27, 2026. The complaints allege undisclosed regulatory-compliance failures and misleading disclosures related to Chinese regulatory issues, including an alleged RMB1.85 billion penalty. These are allegations, not established findings, but they could create litigation costs, reputational damage and uncertainty over future operations. Futu Securities Fraud Lawsuit Deadline Alert Analyst Upgrades and Downgrades Several equities analysts recently commented on the stock. Wall Street Zen raised shares of Futu from a “sell” rating to a “hold” rating in a research note on Saturday. Jefferies Financial Group reaffirmed a “buy” rating and set a $170.50 target price on shares of Futu in a research note on Thursday, May 28th. JPMorgan Chase & Co. reaffirmed a “neutral” rating and set a $87.00 target price (down from $300.00) on shares of Futu in a research note on Friday, May 22nd. The Goldman Sachs Group downgraded shares of Futu from a “buy” rating to a “neutral” rating and set a $102.13 price target for the company. in a report on Monday, May 25th. Finally, Zacks Research upgraded Futu from a “strong sell” rating to a “hold” rating in a research note on Monday, July 27th. Three analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $139.91. Check Out Our Latest Report on Futu
Hedge Funds Weigh In On Futu Several large investors have recently modified their holdings of the business. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its stake in shares of Futu by 805.2% in the third quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 1,126,633 shares of the company’s stock worth $195,933,000 after purchasing an additional 1,002,171 shares during the last quarter. Aspex Management HK Ltd raised its position in Futu by 37.5% during the 4th quarter. Aspex Management HK Ltd now owns 3,371,597 shares of the company’s stock worth $553,650,000 after purchasing an additional 919,724 shares during the last quarter. Assenagon Asset Management S.A. acquired a new position in Futu during the 2nd quarter worth about $61,574,000. Northwestern Mutual Wealth Management Co. grew its position in shares of Futu by 25,558,100.0% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 511,164 shares of the company’s stock valued at $83,938,000 after buying an additional 511,162 shares during the last quarter. Finally, BNP Paribas Financial Markets grew its position in shares of Futu by 166.4% in the 2nd quarter. BNP Paribas Financial Markets now owns 455,266 shares of the company’s stock valued at $56,266,000 after buying an additional 284,387 shares during the last quarter.
Futu Stock Up 9.7% The company has a market cap of $17.33 billion, a price-to-earnings ratio of 12.24, a PEG ratio of 1.31 and a beta of 0.43. The firm has a 50 day moving average price of $101.61 and a two-hundred day moving average price of $126.21.
About Futu (Get Free Report)
Futu Holdings Ltd. is a technology-driven brokerage and wealth management company that provides online brokerage services, market data, and investment tools to retail and institutional clients. Headquartered in Hong Kong and listed on the NASDAQ under the ticker FUTU, the company operates digital trading platforms that combine order execution, real-time quotes, news, and research tools to serve active investors and wealth management customers.
The firm’s product suite includes brokerage access to equities, exchange-traded funds and derivatives across major markets, margin financing, initial public offering (IPO) subscription services, wealth management products and discretionary investment solutions.
Recommended Stories Five stocks we like better than Futu Blueprint for a Boom: SEC Clears the Crypto Runway Ross Stores Just Flipped the Off-Price Retail Story After TJX’s Marmaxx Miss Advance Auto Parts Plunged, But Its Turnaround Is Still Working Is Palo Alto Networks Priced for Perfection Again as AI Security Demand Accelerates? Receive News & Ratings for Futu Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Futu and related companies with MarketBeat.com's FREE daily email newsletter.
New York, New York--(Newsfile Corp. - August 21, 2026) - WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Futu Holdings Limited (NASDAQ: FUTU) between May 24, 2023 and May 27, 2026, inclusive (the "Class Period"), of the important August 25, 2026 lead plaintiff deadline.
SO WHAT: If you purchased Futu securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.
WHAT TO DO NEXT: To join the Futu class action, go to https://rosenlegal.com/cases/futu-holdings-limited/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than August 25, 2026. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.
WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually handle securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered billions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.
DETAILS OF THE CASE: According to the lawsuit, throughout the Class Period, defendants made materially false and misleading statements and/or failed to disclose that: (1) Futu was not in compliance with the requirements of the China Securities Regulatory Commission (the "CSRC"), including because Futu continued to conduct securities business, public fund sales business and futures business in mainland China without obtaining the requisite licenses or approval; (2) as a result, Futu was reasonably likely to face regulatory penalties, including the disgorgement of ill-gotten gains and other penalties; (3) as a result of the foregoing, Futu's financial results were overstated; and (4) as a result of the foregoing, defendants' positive statements about Futu's business, operations, and prospects were materially misleading and/or lacked a reasonable basis. When the true details entered the market, the lawsuit claims that investors suffered damages.
To join the Futu class action, go to https://rosenlegal.com/cases/futu-holdings-limited/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.
No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.
Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.
Attorney Advertising. Prior results do not guarantee a similar outcome.
-------------------------------
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/310935
Source: The Rosen Law Firm PA
Ready to Announce with Confidence? Send us a message and a member of our TMX Newsfile team will contact you to discuss your needs.
NEW YORK & NEW ORLEANS--(BUSINESS WIRE)--Kahn Swick & Foti, LLC (“KSF”) and KSF partner, the former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have until August 25, 2026 to file lead plaintiff applications in a securities class action lawsuit against Futu Holdings Limited ("Futu" or the "Company") (NasdaqGM: FUTU), if they purchased or otherwise acquired the Company's securities between May 24, 2023 and May 27, 2026, inclusive (the “Class Period”). This.
New York, New York and New Orleans, Louisiana--(Newsfile Corp. - August 21, 2026) - Kahn Swick & Foti, LLC ("KSF") and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors with substantial losses that they have until August 25, 2026 to file lead plaintiff applications in a securities class action lawsuit against Futu Holdings Limited ("Futu" or the "Company") (NASDAQ: FUTU), if they purchased or otherwise acquired the Company's securities between May 24, 2023 and May 27, 2026, inclusive (the "Class Period"). This action is pending in the United States District Court for the Southern District of New York.
Cannot view this video? Visit:
https://www.youtube.com/watch?v=Tmjc32xVGrk
What You May Do
If you purchased securities of Futu as above and would like to discuss your legal rights and how this case might affect you and your right to recover for your economic loss, you may, without obligation or cost to you, contact KSF Managing Partner Lewis Kahn toll-free at 1-833-538-3653 or via email ([email protected]), or visit https://www.ksfcounsel.com/cases/nasdaqgm-futu/ to learn more. If you wish to serve as a lead plaintiff in this class action, you must petition the Court by August 25, 2026.
>>>CLICK HERE for more information
About the Lawsuit
Futu and certain of its executives are charged with failing to disclose material information during the Class Period, violating federal securities laws.
The alleged false and misleading statements and omissions include, but are not limited to, that: (i) the Company was not in compliance with the requirements of the China Securities Regulatory Commission, including because it continued to conduct securities business, public fund sales business and futures business in mainland China without obtaining the requisite licenses or approval; (ii) as a result, the Company was reasonably likely to face regulatory penalties, including the disgorgement of ill-gotten gains and other penalties; (iii) as a result of the foregoing, the Company's financial results were overstated; and (iv) as a result of the foregoing, defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.
The case is Tang v. Futu Holdings Limited, et al, 26-cv-05453.
>>>To Learn More, Click HERE
About Kahn Swick & Foti, LLC
KSF, whose partners include former Louisiana Attorney General Charles C. Foti, Jr., is one of the nation's premier boutique securities litigation law firms. This past year, KSF was ranked by SCAS among the top 10 firms nationally based upon total settlement value. KSF serves a variety of clients, including public and private institutional investors, and retail investors - in seeking recoveries for investment losses emanating from corporate fraud or malfeasance by publicly traded companies. KSF has offices in New York, Delaware, California, Louisiana, Chicago, and a representative office in Luxembourg.
TOP 10 Plaintiff Law Firms - According to ISS Securities Class Action Services
To learn more about KSF, you may visit www.ksfcounsel.com.
>>>For More Information about the case, Click HERE
LOS ANGELES, Aug. 21, 2026 (GLOBE NEWSWIRE) -- Glancy Prongay Wolke & Rotter LLP reminds investors of the upcoming August 25, 2026 deadline to file a lead plaintiff motion in the class action filed on behalf of investors who purchased or otherwise acquired Futu Holdings Limited ("Futu" or the "Company") (NASDAQ: FUTU) securities between May 24, 2023 and May 27, 2026 inclusive (the “Class Period”).
IF YOU SUFFERED A LOSS ON YOUR FUTU HOLDINGS INVESTMENTS, CLICK HERE TO INQUIRE ABOUT POTENTIALLY PURSUING CLAIMS TO RECOVER YOUR LOSS UNDER THE FEDERAL SECURITIES LAWS.
What Happened?
On December 30, 2022, the China Securities Regulatory Commission (“CSRC”) issued a statement that Futu has conducted cross-border securities businesses with domestic investors in mainland China without regulatory consent. As a result, Futu was banned from opening new accounts from mainland Chinese investors and soliciting new business from mainland investors.
Then, on May 22, 2026, before the market opened, Reuters published an article reporting that the CSRC, along with seven other government agencies including the central bank, had launched a crackdown aimed at “brokers it accused of illegally moving money to foreign markets” including “overseas firms and their local partners operating without approval.” The article reported “online brokers Tiger, Futu and Longbridge would be penalised for soliciting business in China without an onshore licence, the securities regulator said.”
On the same date, pre-market, Futu issued a press release disclosing that it had received a Notification Letter from the CSRC. The Company reported the letter states “certain Futu entities in mainland China and Hong Kong … without obtaining the requisite licenses or approval, conducted securities business, public fund sales business and futures business in mainland China.” The letter further states the CSRC “proposes to order the Related Companies to rectify or cease such activities, confiscate illegal gains, and impose fines, with the total proposed penalty amounting to approximately RMB1.85 billion (approximately USD271 million).” Further, the regulatory authority “proposes to impose a personal fine of RMB1.25 million (approximately USD 183,575) on Mr. LI Hua, the founder and CEO of the Company.”
On this news, Futu’s stock price fell $34.10, or 27.5%, to close at $89.76 per share on May 22, 2026, on unusually heavy trading volume.
Then, on May 28, 2026, before the market opened, Futu issued a press release reporting financial results for the first quarter 2026, including net income of HK$831.0 million (US$106.0 million) after giving effect to the proposed penalties comprised of: “(i) confiscation of illegal gains of approximately RMB470 million [approximately $69.21 million USD], and (ii) imposition of fines of approximately RMB1.38 billion, [approximately $205.26 million USD] in an aggregate amount of approximately RMB1.85 billion.” The press release reported this adjustment under the Company’s financial statements as “Others, net” in its statements of comprehensive income for the applicable period.
On this news, Futu’s stock price fell $5.31, or 4.8%, to close at $104.91 on May 28, 2026, on unusually heavy trading volume.
What Is The Lawsuit About?
The complaint filed alleges that, between May 24, 2023 and May 27, 2026, Defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Company's business, operations, and prospects. Specifically, Defendants failed to disclose to investors that: (1) Futu was not in compliance with the requirements of the CSRC, including because the Company continued to conduct securities business, public fund sales business and futures business in mainland China without obtaining the requisite licenses or approval; (2) as a result, Futu was reasonably likely to face regulatory penalties, including the disgorgement of ill-gotten gains and other penalties; (3) as a result of the foregoing, Futu's financial results were overstated; and (4) as a result of the foregoing, Defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.
If you purchased or otherwise acquired Futu Holdings Limited securities between May 24, 2023 and May 27, 2026, you may move the Court no later than August 25, 2026 to request appointment as lead plaintiff in this putative class action lawsuit.
Contact Us To Participate or Learn More:
If you wish to learn more about this action, or if you have any questions concerning this announcement or your rights or interests with respect to these matters, please contact us:
Charles Linehan, Esq.,
Glancy Prongay Wolke & Rotter LLP,
1925 Century Park East, Suite 2100,
Los Angeles California 90067
Email: [email protected]
Telephone: 310-201-9150,
Toll-Free: 888-773-9224
Visit our website at www.glancylaw.com.
Follow us for updates on LinkedIn, Twitter, or Facebook.
If you inquire by email, please include your mailing address, telephone number and number of shares purchased.
To be a member of the class action you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the class action.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
Contact Us:
Glancy Prongay Wolke & Rotter LLP,
1925 Century Park East, Suite 2100
Los Angeles, CA 90067
Charles Linehan
Email: [email protected]
Telephone: 310-201-9150
Toll-Free: 888-773-9224
Visit our website at: www.glancylaw.com.
NEW YORK, Aug. 21, 2026 (GLOBE NEWSWIRE) -- Kaplan Fox & Kilsheimer LLP announces that a class action lawsuit has been filed against Futu Holdings Limited (“Futu” or the “Company”) (NASDAQ: FUTU) on behalf of investors that purchased or otherwise acquired Futu shares between May 24, 2023 and May 27, 2026 (the “Class Period”).
CLICK HERE TO JOIN THE CASE
If you are an investor in Futu and have suffered losses, you may CLICK HERE to contact us. You may also contact Kaplan Fox by emailing [email protected] or by calling (646) 315-9003.
DEADLINE REMINDER: If you are a member of the proposed Class, you may move the court no later than August 25, 2026 to serve as a lead plaintiff for the purported class. If you have losses we encourage you to contact us to learn more about the lead plaintiff process. You need not seek to become a lead plaintiff in order to share in any possible recovery.
According to the complaint, on May 22, 2026, before the market opened, Reuters published an article reporting that the China Securities Regulatory Commission (“CSRC”), along with seven other government agencies including the central bank, had launched a crackdown aimed at “brokers it accused of illegally moving money to foreign markets” including “overseas firms and their local partners operating without approval.” The article allegedly reported that online brokers including Futu “would be penalised for soliciting business in China without an onshore licence, the securities regulator said.”
Also on May 22, 2026, Futu disclosed in a press release that it had received a Notification Letter from the CSRC. The Company reported the letter states “certain Futu entities in mainland China and Hong Kong (the “Related Companies”) without obtaining the requisite licenses or approval, conducted securities business, public fund sales business and futures business in mainland China.” The press release further states that the CSRC “proposes to order the Related Companies to rectify or cease such activities, confiscate illegal gains, and impose fines, with the total proposed penalty amounting to approximately RMB1.85 billion (approximately USD271 million).”
On May 22, 2026, the price of Futu shares fell $34.10 per share, or 27.5%, to close at $89.76 per share.
Then, on May 28, 2026, before the market opened, Futu announced in a press releasee financial results for the first quarter of 2026. According to the complaint, the Company reported net income of HK$831.0 million (US$106.0 million) after giving effect to the proposed penalties comprised of: “(i) confiscation of illegal gains of approximately RMB470 million [approximately $69.21 million USD], and (ii) imposition of fines of approximately RMB1.38 billion, [approximately $20 billion USD] in an aggregate amount of approximately RMB1.85 billion.”
On May 28, 2026, the price of Futu shares fell $5.31 per share, or 4.8%, to close at $104.91 per share.
The complaint alleges, among other things, that throughout the Class Period, Defendants failed to disclose to investors that (1) Futu was not in compliance with the requirements of the CSRC, including because the Company continued to conduct securities business, public fund sales business and futures business in mainland China without obtaining the requisite licenses or approval; (2) as a result, Futu was reasonably likely to face regulatory penalties, including the disgorgement of ill-gotten gains and other penalties; and (3) as a result of the foregoing, Futu’s financial results were overstated.
WHY CONTACT KAPLAN FOX?
Kaplan Fox & Kilsheimer LLP is a nationally recognized law firm focused on complex litigation, with offices in New York, Oakland, Los Angeles, Chicago, and New Jersey. Founded in 1956, the firm has spent more than 50 years prosecuting securities, antitrust, and consumer protection actions in federal and state courts nationwide, recovering more than $10 billion for clients and the classes it has represented.
Kaplan Fox is widely regarded as one of the nation's premier plaintiffs' securities litigation firms and has received recognition from Chambers and Partners, Benchmark Litigation, Super Lawyers, and Lawdragon. Serving as lead or co-lead counsel in many landmark cases, the firm has secured some of the largest recoveries in the history of securities litigation, including a $2.425 billion recovery on behalf of Bank of America shareholders in In re Bank of America—the largest recovery ever obtained for claims under Section 14(a) of the Securities Exchange Act—$800 million recovered for the Arkansas Teacher Retirement System and other pension funds in ATRS v. Allianz Global Investors, and a $475 million settlement in In re Merrill Lynch.
For decades, Kaplan Fox has represented public pension funds, institutional investors, businesses, and individuals in high-stakes litigation. Through its successful advocacy and precedent-setting victories, the firm has helped shape important areas of securities and corporate law while advancing accountability and protecting investor interests.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules. Past results do not guarantee future outcomes.
If you have any questions about this Notice, your rights, or your interests, please contact:
CONTACT:
Pamela A. Mayer
KAPLAN FOX & KILSHEIMER LLP
800 Third Avenue, 38th Floor
New York, New York 10022
(646) 315-9003 [email protected]
Laurence D. King
KAPLAN FOX & KILSHEIMER LLP
1999 Harrison Street, Suite 1501
Oakland, California 94612
(415) 772-4704 [email protected]
Contacting or submitting information to Kaplan Fox & Kilsheimer LLP does not create an attorney-client relationship, nor an obligation on the part of Kaplan Fox to retain you as a client.
Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses in Futu to Contact Him Directly to Discuss Their Options
, /PRNewswire/ -- Faruqi & Faruqi, LLP, a leading national securities law firm, reminds investors of the August 25, 2026 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against Futu Holdings Limited ("Futu" or the "Company") (NASDAQ: FUTU).
[You may also click here for additional information]
James (Josh) Wilson, Faruqi & Faruqi Senior Partner WHY: Faruqi & Faruqi, LLP, a leading national securities law firm, informs investors of the federal securities class action on behalf of a class consisting of all persons and entities other than Defendants that purchased or otherwise acquired Futu securities between May 24, 2023 and May 27, 2026, inclusive (the "Class Period").
WHAT TO DO NEXT: To learn more about the Futu class action, go to www.faruqilaw.com/FUTU or call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310). A class action lawsuit has already been filed.
If you wish to serve as lead plaintiff, you must move the Court no later than August 25, 2026. The court-appointed lead plaintiff is the investor with the largest financial interest in the relief sought by the class who is adequate and typical of class members who directs and oversees the litigation on behalf of the putative class. Any member of the putative class may move the Court to serve as lead plaintiff through counsel of their choice, or may choose to do nothing and remain an absent class member. Your ability to share in any recovery is not affected by the decision to serve as a lead plaintiff or not.
THE ALLEGATIONS:
As detailed below, the complaint alleges that the Company and its executives violated federal securities laws by making false and/or misleading statements and/or failing to disclose that: (1) Futu was not in compliance with the requirements of the CSRC, including because the Company continued to conduct securities business, public fund sales business and futures business in mainland China without obtaining the requisite licenses or approval; (2) as a result, Futu was reasonably likely to face regulatory penalties, including the disgorgement of ill-gotten gains and other penalties; (3) as a result of the foregoing, Futu's financial results were overstated; and (4) as a result of the foregoing, Defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.
Faruqi & Faruqi, LLP also encourages anyone with information regarding Futu's conduct to contact the firm, including whistleblowers, former employees, shareholders and others.
Frequently Asked Questions (FAQ) for Investors Regarding the Futu Securities Class Action Lawsuit
Who may be eligible to participate in the lawsuit?
Investors who purchased or acquired Futu (NASDAQ: FUTU) between May 24, 2023 and May 27, 2026 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).
How much did Futu stock drop?
Following the alleged corrective disclosures, Futu shares fell approximately 27% on May 22, 2026, as described in the complaint.
Why should investors contact Faruqi & Faruqi, LLP?
Faruqi & Faruqi, LLP is a leading national securities law firm with offices in New York, Pennsylvania, California and Georgia. Faruqi & Faruqi, LLP has represented investors in securities litigation for decades and has recovered hundreds of millions of dollars for shareholders. Investors who purchased Futu Holdings Limited securities during the Class Period may contact the firm to discuss their legal rights, potential claims, and the lead plaintiff process at no cost or obligation.
Follow us for updates on LinkedIn, on X, or on Facebook.
Attorney Advertising. The law firm responsible for this advertisement is Faruqi & Faruqi, LLP (www.faruqilaw.com). Prior results do not guarantee or predict a similar outcome with respect to any future matter. We welcome the opportunity to discuss your particular case. All communications will be treated in a confidential manner.
Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses in Futu to Contact Him Directly to Discuss Their Options
, /PRNewswire/ -- Faruqi & Faruqi, LLP, a leading national securities law firm, reminds investors of the August 25, 2026 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against Futu Holdings Limited ("Futu" or the "Company") (NASDAQ: FUTU).
[You may also click here for additional information]
WHY: Faruqi & Faruqi, LLP, a leading national securities law firm, informs investors of the federal securities class action on behalf of a class consisting of all persons and entities other than Defendants that purchased or otherwise acquired Futu securities between May 24, 2023 and May 27, 2026, inclusive (the "Class Period").
WHAT TO DO NEXT: To learn more about the Futu class action, go to www.faruqilaw.com/FUTU or call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310). A class action lawsuit has already been filed.
If you wish to serve as lead plaintiff, you must move the Court no later than August 25, 2026. The court-appointed lead plaintiff is the investor with the largest financial interest in the relief sought by the class who is adequate and typical of class members who directs and oversees the litigation on behalf of the putative class. Any member of the putative class may move the Court to serve as lead plaintiff through counsel of their choice, or may choose to do nothing and remain an absent class member. Your ability to share in any recovery is not affected by the decision to serve as a lead plaintiff or not.
THE ALLEGATIONS:
As detailed below, the complaint alleges that the Company and its executives violated federal securities laws by making false and/or misleading statements and/or failing to disclose that: (1) Futu was not in compliance with the requirements of the CSRC, including because the Company continued to conduct securities business, public fund sales business and futures business in mainland China without obtaining the requisite licenses or approval; (2) as a result, Futu was reasonably likely to face regulatory penalties, including the disgorgement of ill-gotten gains and other penalties; (3) as a result of the foregoing, Futu's financial results were overstated; and (4) as a result of the foregoing, Defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.
Faruqi & Faruqi, LLP also encourages anyone with information regarding Futu's conduct to contact the firm, including whistleblowers, former employees, shareholders and others.
Frequently Asked Questions (FAQ) for Investors Regarding the Futu Securities Class Action Lawsuit
Who may be eligible to participate in the lawsuit?
Investors who purchased or acquired Futu (NASDAQ: FUTU) between May 24, 2023 and May 27, 2026 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).
How much did Futu stock drop?
Following the alleged corrective disclosures, Futu shares fell approximately 27% on May 22, 2026, as described in the complaint.
Why should investors contact Faruqi & Faruqi, LLP?
Faruqi & Faruqi, LLP is a leading national securities law firm with offices in New York, Pennsylvania, California and Georgia. Faruqi & Faruqi, LLP has represented investors in securities litigation for decades and has recovered hundreds of millions of dollars for shareholders. Investors who purchased Futu Holdings Limited securities during the Class Period may contact the firm to discuss their legal rights, potential claims, and the lead plaintiff process at no cost or obligation.
Follow us for updates on LinkedIn, on X, or on Facebook.
Attorney Advertising. The law firm responsible for this advertisement is Faruqi & Faruqi, LLP (www.faruqilaw.com). Prior results do not guarantee or predict a similar outcome with respect to any future matter. We welcome the opportunity to discuss your particular case. All communications will be treated in a confidential manner.
View original content to download multimedia:https://www.prnewswire.com/news-releases/faruqi--faruqi-llp-urges-futu-holdings-limited-nasdaq-futu-investors-to-seek-counsel-before-the-august-25-2026-lead-plaintiff-deadline-in-the-securities-class-action-302856972.html
New York, New York--(Newsfile Corp. - August 21, 2026) - Kaplan Fox & Kilsheimer LLP announces that a class action lawsuit has been filed against Futu Holdings Limited (NASDAQ: FUTU) ("Futu" or the "Company") on behalf of investors that purchased or otherwise acquired Futu shares between May 24, 2023 and May 27, 2026 (the "Class Period").
CLICK HERE TO JOIN THE CASE
If you are an investor in Futu and have suffered losses, you may CLICK HERE to contact us. You may also contact Kaplan Fox by emailing [email protected] or by calling (646) 315-9003.
DEADLINE REMINDER: If you are a member of the proposed Class, you may move the court no later than August 25, 2026 to serve as a lead plaintiff for the purported class. If you have losses we encourage you to contact us to learn more about the lead plaintiff process. You need not seek to become a lead plaintiff in order to share in any possible recovery.
According to the complaint, on May 22, 2026, before the market opened, Reuters published an article reporting that the China Securities Regulatory Commission ("CSRC"), along with seven other government agencies including the central bank, had launched a crackdown aimed at "brokers it accused of illegally moving money to foreign markets" including "overseas firms and their local partners operating without approval." The article allegedly reported that online brokers including Futu "would be penalised for soliciting business in China without an onshore licence, the securities regulator said."
Also on May 22, 2026, Futu disclosed in a press release that it had received a Notification Letter from the CSRC. The Company reported the letter states "certain Futu entities in mainland China and Hong Kong (the "Related Companies") without obtaining the requisite licenses or approval, conducted securities business, public fund sales business and futures business in mainland China." The press release further states that the CSRC "proposes to order the Related Companies to rectify or cease such activities, confiscate illegal gains, and impose fines, with the total proposed penalty amounting to approximately RMB1.85 billion (approximately USD271 million)."
On May 22, 2026, the price of Futu shares fell $34.10 per share, or 27.5%, to close at $89.76 per share.
Then, on May 28, 2026, before the market opened, Futu announced in a press releasee financial results for the first quarter of 2026. According to the complaint, the Company reported net income of HK$831.0 million (US$106.0 million) after giving effect to the proposed penalties comprised of: "(i) confiscation of illegal gains of approximately RMB470 million [approximately $69.21 million USD], and (ii) imposition of fines of approximately RMB1.38 billion, [approximately $20 billion USD] in an aggregate amount of approximately RMB1.85 billion."
On May 28, 2026, the price of Futu shares fell $5.31 per share, or 4.8%, to close at $104.91 per share.
The complaint alleges, among other things, that throughout the Class Period, Defendants failed to disclose to investors that (1) Futu was not in compliance with the requirements of the CSRC, including because the Company continued to conduct securities business, public fund sales business and futures business in mainland China without obtaining the requisite licenses or approval; (2) as a result, Futu was reasonably likely to face regulatory penalties, including the disgorgement of ill-gotten gains and other penalties; and (3) as a result of the foregoing, Futu's financial results were overstated.
WHY CONTACT KAPLAN FOX?
Kaplan Fox & Kilsheimer LLP is a nationally recognized law firm focused on complex litigation, with offices in New York, Oakland, Los Angeles, Chicago, and New Jersey. Founded in 1956, the firm has spent more than 50 years prosecuting securities, antitrust, and consumer protection actions in federal and state courts nationwide, recovering more than $10 billion for clients and the classes it has represented.
Kaplan Fox is widely regarded as one of the nation's premier plaintiffs' securities litigation firms and has received recognition from Chambers and Partners, Benchmark Litigation, Super Lawyers, and Lawdragon. Serving as lead or co-lead counsel in many landmark cases, the firm has secured some of the largest recoveries in the history of securities litigation, including a $2.425 billion recovery on behalf of Bank of America shareholders in In re Bank of America-the largest recovery ever obtained for claims under Section 14(a) of the Securities Exchange Act-$800 million recovered for the Arkansas Teacher Retirement System and other pension funds in ATRS v. Allianz Global Investors, and a $475 million settlement in In re Merrill Lynch.
For decades, Kaplan Fox has represented public pension funds, institutional investors, businesses, and individuals in high-stakes litigation. Through its successful advocacy and precedent-setting victories, the firm has helped shape important areas of securities and corporate law while advancing accountability and protecting investor interests.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules. Past results do not guarantee future outcomes.
If you have any questions about this Notice, your rights, or your interests, please contact:
Contacting or submitting information to Kaplan Fox & Kilsheimer LLP does not create an attorney-client relationship, nor an obligation on the part of Kaplan Fox to retain you as a client.
NEW YORK, Aug. 21, 2026 (GLOBE NEWSWIRE) -- Pomerantz LLP announces that a class action lawsuit has been filed against Futu Holdings Ltd. (“Futu” or the “Company”) (NASDAQ: FUTU). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, (or 888.4-POMLAW), toll-free, Ext. 7980. Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and the number of shares purchased.
The class action concerns whether Futu and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
You have until August 25, 2026, to ask the Court to appoint you as Lead Plaintiff for the class if you purchased or otherwise acquired Futu securities during the Class Period. A copy of the Complaint can be obtained at www.pomerantzlaw.com.
[Click here for information about joining the class action]
On May 22, 2026, Reuters published an article entitled “China to crack down on ‘illegal’ cross-border securities.” The article reported that China “would punish brokers it accused of illegally moving money to foreign markets[.]” The article further reported that online brokers, including Futu, “would be penalised for soliciting business in China without an onshore licence[.]”
On this news, the price of Futu American Depositary Shares (“ADSs”) fell $34.10 per ADS, or 27.5%, to close at $89.76 per ADS on May 22, 2026.
Then, on May 28, 2026, Futu issued a press release reporting its financial results for the first quarter 2026, including net income of HK$831.0 million (US$106.0million) after giving effect to the proposed penalties comprised of: “(i) confiscation of illegal gains of approximately RMB470 million [approximately $69.21 million USD], and (ii) imposition of fines of approximately RMB1.38 billion, [approximately $20 billion USD] in an aggregate amount of approximately RMB1.85 billion.” The press release reported this adjustment under the Company’s financial statements as “Others, net” in its statements of comprehensive income for the applicable period.
On this news, Futu’s ADS price fell $5.31 per ADS, or 4.8%, to close at $104.91 per ADS on May 28, 2026.
Pomerantz LLP, with offices in New York, Chicago, Los Angeles, London, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com.
Attorney advertising. Prior results do not guarantee similar outcomes.
