Futu Announces Investment Grade Rating Reaffirmed by S&P Global Ratings
August 26 2024 - 4:00AM
Futu Holdings Limited (“Futu” or the “Company”) (Nasdaq:
FUTU), a leading tech-driven online brokerage and wealth
management platform, today announced that S&P Global Ratings
(“S&P”) maintained stable outlook on the long-term rating and
reaffirmed the Company’s long-term issuer credit rating at “BBB-”.
Futu’s securities firm in Hong Kong has a stand-alone credit
profile of “bbb”.
According to S&P, Futu enjoys a strong
market position in Hong Kong and is expected to maintain good
growth momentum in its overseas business. Additionally, S&P
takes the view that Futu will continue to uphold its strong
capitalization and robust funding profile to support its business
growth.
About Futu Holdings Limited
Futu Holdings Limited (Nasdaq: FUTU) is an
advanced technology company transforming the investing experience
by offering fully digitalized financial services. Through its
proprietary digital platforms, Futubull and moomoo, the Company
provides a full range of investment services, including trade
execution and clearing, margin financing and securities lending,
and wealth management. The Company has embedded social media tools
to create a network centered around its users and provide
connectivity to users, investors, companies, analysts, media and
key opinion leaders. The Company also provides corporate services,
including IPO distribution, investor relations and ESOP solution
services.
For investor inquiries, please
contact:
Investor RelationsFutu Holdings
Limitedir@futuholdings.com
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