Futu Holdings Limited () is as a Hong Kong-headquartered Chinese holding company in digitized securities brokerage and wealth management platform in 8 markets globally, including Hong Kong, Singapore, Australia, the United States etc. Futu was founded in Hong Kong in 2012 and listed on Nasdaq on March 8, 2019.
The largest investor of Futu as of 2019 is Tencent. Founder Leaf Li is a former employee of Tencent. The company originally traded as NASDAQ symbol FHL, but changed to FUTU.
Futu has over 29 million users globally. Notably, Futu has no presence and business in Mainland China.
Moomoo Financial Inc., a subsidiary of Futu, is a U.S.-based financial services company headquartered in Palo Alto, California that allows customers to trade US stocks, Chinese stocks, Hong Kong stocks, ETFs, and options. Moomoo, Inc was founded in March 2018. The platform was created specifically for U.S. customers.
In 2024, Futu announced that it had completed a HKD440 million investment in Gravitation Fintech HK Limited, the parent company of Airstar Bank, a Hong Kong licensed virtual bank. Following the investment, Futu has become the second largest beneficial owner holding indirectly 44.11% of Airstar Bank. In 2026, Futu confirmed that it increased its investment in Airstar Bank in September last year, subscribing HK$500 million for newly issued shares in Gravitation Fintech HK. Following completion, FutuâÂÂs indirect shareholding in Airstar Bank rose to 68.43%, making it the bankâÂÂs controlling shareholder. Xiaomi, a founding shareholder of Airstar Bank, saw its indirect interest diluted from 50.3% to 28.41%.
In late 2022, the China Securities Regulatory Commission (CSRC) ordered Futu and Tiger Brokers to stop accepting new customers from mainland China. This followed ongoing concerns from authorities since 2021 about the regulatory compliance of their cross-border brokerage operations. While the platforms are no longer allowed to onboard new mainland-based investors, existing customers can continue trading, but without the ability to add new capital. Additionally, both brokers were required to pull their trading apps from mainland China.