Tencent alumnus aims to turn Futu into China’s Charles Schwab, even as it lands in Robinhood’s ‘Nerd vs Wall Street’ battle

• Futu’s market value has soared 15-fold since its 2019 New York stock sale to about US$25 billion
• Li, who worked at Tencent for eight years before striking out to create his own online stock trading platform, said he wants to build what he calls ‘China’s Charles Schwab’