Futu Q1 Earnings Call Highlights

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MarketBeat

Thu, May 28, 2026 astatine 8:09 AM CDT 7 min read

Key Points

  • Hong Kong Financial Firm Futu Surges 33.12% Amid Stimulus Hints

Futu (NASDAQ:FUTU) reported grounds trading enactment and continued planetary relationship maturation successful the archetypal 4th of 2026, portion a regulatory punishment from Chinese authorities weighed sharply connected reported nett income.

On the company’s net call, Chairman and Chief Executive Officer Leaf Li said Futu added 225,000 nett caller funded accounts during the quarter, bringing full funded accounts to 3.59 million, up 34% from a twelvemonth earlier and 7% from the anterior quarter. Total lawsuit assets were broadly level sequentially but roseate 47% year-over-year, arsenic beardown nett inflows were offset by declines successful lawsuit equity holdings.

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  • Futu Holdings (NASDAQ:FUTU) Stock: Is the Chinese Fintech Company a Buy?

Chief Financial Officer Arthur Chen said full gross roseate 25% year-over-year to HKD 5.9 billion. Net income fell 61% from a twelvemonth earlier to HKD 831 cardinal aft the institution reflected an administrative punishment from the China Securities Regulatory Commission’s Shenzhen Bureau. Excluding that adjustment, Chen said nett income would person risen 36% year-over-year to HKD 2.9 billion.

Trading Volume Hits New High

Li said full trading measurement reached a level grounds of HKD 4.15 trillion, up 29% year-over-year and 4% quarter-over-quarter. U.S. banal trading measurement remained broadly unchangeable astatine HKD 3 trillion, with artificial quality continuing to beryllium the ascendant concern taxable among clients.

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Li said lawsuit involvement successful U.S. equities was shifting “down the worth chain” from semiconductor companies toward AI infrastructure beneficiaries. Hong Kong banal trading measurement roseate 22% sequentially to HKD 1 trillion, supported by heightened marketplace volatility and “bottom fishing” activity, peculiarly successful China exertion stocks and recently listed AI-related companies.

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