On the evening of October 28th, Beijing time, Futu Holdings (FUTU.O) issued a statement stating that according to relevant media reports today, Futu Securities (Hong Kong) has been licensed and strictly regulated in Hong Kong, China since its establishment, and has always been adhering to The principle of compliant operation, operating within the framework of the original industry laws and regulations, is the same as that of all licensed counterparts in Hong Kong.
Nowadays, as a global enterprise, Futu has established independent licensed institutions in many countries and regions. More than 80% of new customers come from Hong Kong, China and overseas, and most of the existing customers are also from Hong Kong, China and overseas.
Futu Securities (Hong Kong), as a licensed brokerage firm in Hong Kong, China, has sufficient capital and stable operation of the company. Its client assets need to be segregated in a dedicated custodian account designated by the supervision and management, and the securities firm’s assets and client assets are properly separated. This protection is the core principle of internationally accepted securities and commodity brokers. Client assets and securities firms’ own assets are independent of each other and are strictly regulated.
Futu has always strictly complied with regulatory regulations and requirements to protect the safety of customer assets.
