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Wednesday, October 4, 2023 by Christoph.Schmid|Comment 0
within category Futu Holdings,FUTU,On-line broking,FinTech

Accelerating business conditions spell above-average volume and business opportunities for the Hong Kong-based online broker.

Rising interest rates, new customer acquisition projects for China mainland, and an extension into Malaysia open the avenue for above-average quarterly results. For 2023, profits are expected to jump by as much as 65 % while costs appear to be well contained.

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