New statistical data on investors collected via moomoo and
Futubull highlights emerging investor behavior and trends including
–
- Gen Z investors are the most risk-averse investors while Gen
X group are the biggest risk-takers
- Female investors' investments are more diversified in
2022
- Investors increased daily trading frequency but decreased
weighting of stocks in first 6 months of 2022
PALO
ALTO, Calif., July 25,
2022 /PRNewswire/ -- The parent company of
digital brokerage and wealth management platform moomoo, Futu
Holdings Limited (Nasdaq: FUTU; "Futu") which serves nearly 20
million users, including more than three million clients, has
released a whitepaper on investor behavior and trends emerging
within the unique market conditions experienced throughout
2022.
In response to heightened market volatility as a result of
rising inflation pressures, constrained monetary policies,
lingering concerns of coronavirus variants and geopolitical
tensions, statistical research by Futu concluded that:
Key Findings -
1. Gen Z investors are the most risk-averse investors
while Gen X group are the biggest risk-takers
The data showed a different appetite for risk among the three
generations*.
Gen X group as the oldest generation, were the greatest
risk-seekers as their stock position remained the highest among all
three generations. Furthermore, their investing patterns slightly
changed, with only 2.8% decrease in stock investment value to 89.4%
on June 15, 2022, compared to
December 31, 2021.
Counterintuitively, Gen Z group were the most risk-averse
investors, and their equities investments significantly declined
(-8.6%), from 85.3% on December 31,
2021, to 76.7% on June 15,
2022.
In aggregate, Gen Z investors allocated 14.9% and 7.7% of their
positions to funds and bonds respectively, the highest level among
all three generations. Gen X investors had only 8.4% and 1.8% of
their positions to funds and bonds, respectively, the lowest of all
three generations.
2. Female investors' investments are more diversified
in 2022
Male and female investors* show similar investing patterns, with
investments comprise mainly stocks (85%-92%), followed by
funds.
Female HK investors tended to allocate more bonds into their
portfolios. As at June 15, 2022, 5% of female HK clients'
investments are composed of bonds, which is 1.6% higher than male
HK clients.
HK and SG female investors executed more options during H1 2022.
The daily amount of stock options executed by HK and SG female
investors increased 11% and 21% respectively, compared to H2
2021.
3. Investors increased their daily trading frequency
but decreased weighting of stocks in the first half of 2022
Compared to the level at the end of 2021, investors from Hong
Kong SAR, Singapore and US markets
all recorded a decline in stock weighting, dropping 4.3%, 4.4% and
3% in HK, US and SG, respectively.
US investors opted to diversify their portfolios with fund
products, with the proportion of fund value climbing to 13.2% in
June 2022 from 8.8% in December 2021.
In terms of trading frequency, US investors traded 0.43 times
per trading day, comparing to HK investors who traded 1 time per
day and SG investors trading 0.35 times per day.
US investors' average daily trading frequency jumped to 0.43
times in H1 2022, representing an increase of 26.5% from H2 2021's
0.34 times. Investors from HK and SG executed 20.5% and 52.2% more
trades in H1 2022 than H2 2021, respectively.
Methodology –
When conducting this research, Futu compared the statistical
summary of investment values as of December 31, 2021 to that of June 15, 2022, with data collected from
investors across three different regions, including Hong Kong
SAR ("HK"), US and Singapore
("SG"), who are using Futu's two flagship investing apps -
moomoo and Futubull.
We then calculated investors' average trading frequency
per trading day with the data extracted from the second half of
2021 (July 1, 2021 to
December 31, 2021, or "H2 2021") and
first half of 2022 (January 1,
2022 to June 15, 2022, or "H1
2022"), across investors from HK, US and SG.
We also compared investors' investment value and trading
frequency by generation* and gender*.
*Generation - Generation X (born in or before 1980),
Generation Y (born between 1981 and 1996) and Generation Z (born in
or after 1997)
*Gender - Male investors and female investors, with data
from HK and SG investors
Find the full version of White Paper here –
https://ussnsfile.moomoo.com/777770041658738430/Futu%20Investing%20White%20Paper.pdf?_ga=2.174115947.814614977.1658737964-1552184042.1653027298
About moomoo
Moomoo is a next-generation one-stop digital financial
service platform created by Moomoo Technologies Inc., a fintech
company based in Palo Alto,
California.
Moomoo integrates trading, market data, social networking with
advanced features, such as AI-powered analytics and anomaly
detection functions. It supports free online account-opening and
provides access to the trading of stocks and ETFs in multiple
global markets such as the United
States, Hong Kong SAR, Singapore, and Australia. Moomoo and its brand affiliates
also offer rich investor education content and an interactive
online community with 18 million users in more than 200 countries
globally.
Moomoo's parent company is the Nasdaq-listed fintech company
Futu Holdings Limited ("Futu"), which is headquartered in
Hong Kong. Futu's subsidiary is
also one of the largest brokerages in Hong Kong. On March 8,
2019, Futu was listed on the Nasdaq (symbol: FUTU).
For more information, please visit the moomoo official website
at www.moomoo.com.
About Futu Holdings Limited
Futu Holdings Limited ("Futu") (Nasdaq: FUTU) is an advanced
technology company transforming the investing experience by
offering a fully digitized brokerage and wealth management
platform. Futu provides investing services – including stock
trading and clearing, margin financing, wealth management, market
data and information, and interactive social features for
Hong Kong, US and China Connect
stocks – to individual investors through its proprietary onestop
digital platforms, Futubull and moomoo. Futu also provides Employee
Stock Ownership Plan (ESOP) solutions and IPO distribution services
through its enterprise service brand FUTU I&E, with a focus on
providing employee stock ownership plans to corporate
clients.
Futu aims to become an influential financial services platform
globally, by building a complete financial technology ecosystem
with the mission of "making investing easier and more
collaborative". For more information about Futu Holdings, please
visit the company's official website
www.futuholdings.com.
Disclaimer
Moomoo is a professional trading app offered by Moomoo
Technologies Inc. In the U.S., investment products and services on
moomoo are offered through Moomoo Financial Inc., Member
FINRA/SIPC. In Singapore
investment products and services are offered through Futu Singapore
Pte. Ltd., regulated by the Monetary Authority of Singapore (MAS). This advertisement has not
been reviewed by MAS. In Australia, financial products and services on
moomoo are provided by Futu Securities (Australia) Ltd., an Australian Financial
Services Licensee (AFSL No. 224663) regulated by the Australian
Securities and Investment Commission (ASIC). Please read and
understand our Financial Services Guide, Terms and Conditions,
Privacy Policy, and other disclosure documents which are available
on our websites https://www.futuau.com and
https://www.moomoo.com/au. Moomoo Technologies Inc., Moomoo
Financial Inc., Futu Securities Ltd., and Futu Singapore Pte. Ltd
are affiliated companies. Any illustrations, scenarios, or specific
securities referenced herein are strictly for illustrative
purposes. Past investment performance does not guarantee future
results. Investing involves risk and the potential to lose
principal.
View original content to download
multimedia:https://www.prnewswire.com/news-releases/generation-z-are-more-conservative-investors-than-you-may-think---data-from-financial-platforms-moomoo-and-futubull-shows-301592398.html
SOURCE moomoo Inc.