Futu Holdings Watchlist

Will we see a Monster run in the Stock of the Chinese Online Broker FUTU Holdings Again Like Last Fall?

A. Haslinger
Reading Time: 1 minute

Futu Holdings is a Chinese online broker based in Hong Kong that operates the platforms Futu NiuNiu and moomoo. These allow investors to trade securities and other financial products. I last discussed the stock at the end of September at a share price of $60, after it broke out of a downward trend. In a short period, the stock was able to gain about 100%. After China signaled a looser monetary policy at the end of last year, this is likely to expand with the new trade conflicts to strengthen domestic demand. A more accommodating monetary policy...

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