$FUTU

Futu Holdings (FUTU) reported Q2 net income up 41.6% to $464.4M, revenue up 35.6% to $918.2M. Brokerage and interest income grew 30.3% and 36.5% respectively. Shares rose 8% in pre-market trading.

Futu Holdings (FUTU) stock rose 6.9% in pre-market trading after reporting Q2 2026 earnings. The company beat analyst estimates, with EPS and revenue growing 26% and 16% YoY respectively, despite regulatory challenges. Funded accounts and client assets increased 34% and 47% YoY. Analysts had a 'Strong Buy' consensus, though some reduced price targets due to regulatory uncertainty.

Kaplan Fox LLP has filed a class action lawsuit against Futu Holdings Limited (FUTU) on behalf of investors who purchased shares between May 24, 2023, and May 27, 2026. The lawsuit alleges Futu failed to disclose non-compliance with Chinese regulations, leading to regulatory penalties and share price drops. Futu reported a proposed penalty of approximately $271 million and a subsequent 4.8% share price decline on May 28, 2026.

Levi & Korsinsky, LLP notifies Futu Holdings Limited (FUTU) investors of a pending class action lawsuit against the company and its executives, Leaf Hua Li (CEO) and Arthur Yu Chen (CFO). The lawsuit alleges misconduct from May 24, 2023, to May 27, 2026, following a 27.5% share price drop after a CSRC penalty proposal. The lead plaintiff deadline is August 25, 2026. The CSRC proposed a RMB 1.85 billion penalty and a RMB 1.25 million fine against Li. The lawsuit claims executives certified mislea

Futu Holdings (FUTU) is set to report Q2 earnings, with analysts expecting EPS of HKD 23.05 on revenue of HKD 6.14B, up 26.4% and 15.6% YoY. The stock has a strong buy consensus, with a mean price target of $155.88. Investors will watch for updates on regulatory scrutiny and sequential earnings recovery.

On Aug 6-7, US indexes were only slightly down, but memory chip stocks sold off sharply. Western Digital fell 13.03% on Aug 6 and dropped over 5% intraday on Aug 7; SanDisk -6.81% and SK Hynix -4.97%. Goldman Sachs said expectations were priced too high. Nonfarm payrolls missed estimates, lifting gold and silver.

CNBC’s newsletter says foreign investors are concerned about China’s policy communication after a probe into Fang Xinghai, former vice chair of the securities regulator, was announced without details. It cites market drops for Trip.com, Futu, UP Fintech, and Didi tied to China probes and crackdowns. It also notes CXMT’s surge and MSCI adding it to an index Aug. 10.

Levi & Korsinsky said a securities class action is pending for Futu Holdings Limited (NASDAQ: FUTU) investors who bought shares between May 24, 2023 and May 27, 2026. The suit alleges Futu conducted unlicensed mainland China securities, fund sales, and futures business, generating revenue. After a CSRC proposed about RMB 1.85 billion in penalties, FUTU shares fell 27.5% on May 22, 2026. Lead plaintiff deadline is Aug. 25, 2026.

Hong Kong's Securities and Futures Commission (SFC) issued a restriction notice to Futu Securities International (Hong Kong) prohibiting the broker from dealing with or processing assets of up to HK$125.25 million ($16 million) in client accounts "held by an entity suspected to be involved in a fraudulent scheme to create a false or artificial appearance of demand for shares in an initial public offering (IPO)."

Hong Kong’s securities regulator froze assets worth over HK$125 million (US$15.9 million) tied to suspected IPO market manipulation and fraud. The regulator did not name the entity or the specific listing. The order restricts Futu from disposing or transferring the assets without prior written consent, and says Futu is not under investigation.