https://www.scmp.com/rss/521102/feed Futu Holdings Limited is a fintech company and online stockbroker that offers fully digital financial services in multiple markets, comprising data, financial news, interactive social features, and investor education on its proprietary one-stop digital platforms Futubull and moomoo. en https://assets.i-scmp.com/static/img/icons/scmp-meta-1200x630.png https://www.scmp.com Yeon Woo Lee Yeon Woo Lee Hong Kong’s securities regulator unveiled several new initiatives on Wednesday aimed at further developing the city’s virtual asset sector while strengthening investor safeguards. The announcements by the Securities and Futures Commission (SFC) coincided with Consensus 2026, a major cryptocurrency conference running this week at the Hong Kong Convention and Exhibition Centre, attended by industry figures such as Binance CEO Richard Teng and Solana Foundation president Lily Liu. “[At Consensus... https://www.scmp.com/business/banking-finance/article/3343189/hong-kong-bridges-traditional-and-digital-finance-worlds-new-virtual-asset-initiatives?utm_source=rss_feed https://www.scmp.com/business/banking-finance/article/3343189/hong-kong-bridges-traditional-and-digital-finance-worlds-new-virtual-asset-initiatives?utm_source=rss_feed Wed, 11 Feb 2026 09:30:20 +0000 Zhang Shidong Zhang Shidong New share listings by Chinese technology firms in Hong Kong have delivered above-average returns on their debuts so far in 2026, as investors faced with a challenging macro environment bet on Beijing’s push for technology self-reliance. Graphics processing unit (GPU) maker Shanghai Biren Technology, semiconductor maker OmniVision Integrated Circuit Group and three others rose by an average of 30 per cent on their debuts, beating the 24 per cent return of the 11 total initial public offerings... https://www.scmp.com/business/china-business/article/3340994/chinese-tech-listings-shine-hong-kong-fuelled-beijings-self-reliance-push?utm_source=rss_feed https://www.scmp.com/business/china-business/article/3340994/chinese-tech-listings-shine-hong-kong-fuelled-beijings-self-reliance-push?utm_source=rss_feed Mon, 26 Jan 2026 02:15:10 +0000 Cheryl Arcibal Cheryl Arcibal Hong Kong’s banking and finance sector is tipped to lead retail property leasing activity, with massive uptake by firms like Forthright Securities, Futu Holdings and HSBC providing support to landlords struggling through a multi-year real estate slump. Forthright Securities leased three storeys totalling 14,000 sq ft at Golden Centre in Sheung Wan for its first flagship branch in the city, according to CBRE, which facilitated the transaction. “This transaction not only demonstrates Forthright... https://www.scmp.com/business/article/3339955/banks-and-brokerages-growing-demand-space-buoys-hong-kongs-retail-property-sector?utm_source=rss_feed https://www.scmp.com/business/article/3339955/banks-and-brokerages-growing-demand-space-buoys-hong-kongs-retail-property-sector?utm_source=rss_feed Thu, 15 Jan 2026 23:00:09 +0000 Iris Deng Iris Deng Hong Kong and Shenzhen are establishing a white list for data transfers as part of an overarching effort to forge closer cross-border ties, which policymakers and business leaders see as essential to unlocking opportunities in artificial intelligence and fintech in the region. “If you have a white list to facilitate the movement of sensitive data, biological data and samples between Hong Kong and [mainland] China, it would ensure trust between [parties sending and receiving information] because... https://www.scmp.com/business/banking-finance/article/3340022/hong-kong-shenzhen-push-secure-data-corridor-unlock-ai-and-fintech-opportunities?utm_source=rss_feed https://www.scmp.com/business/banking-finance/article/3340022/hong-kong-shenzhen-push-secure-data-corridor-unlock-ai-and-fintech-opportunities?utm_source=rss_feed Thu, 15 Jan 2026 10:00:49 +0000 Xinmei Shen Xinmei Shen Hong Kong’s first locally developed artificial intelligence chatbot, HKChat, has raised expectations that it could compete with more popular and established AI apps, as it racked up around 90,000 users in the city within a week of its low-key release. HKChat is focused on providing information on local services, including real-time bus arrivals, as well as the city’s weather, laws and regulations. It was the top-ranked free app on Apple’s Hong Kong App Store on Sunday, according to data from app... https://www.scmp.com/tech/tech-trends/article/3334267/hong-kongs-hkchat-raises-ai-expectations-90000-users-join-app-debut-week?utm_source=rss_feed https://www.scmp.com/tech/tech-trends/article/3334267/hong-kongs-hkchat-raises-ai-expectations-90000-users-join-app-debut-week?utm_source=rss_feed Wed, 26 Nov 2025 23:00:09 +0000 Cao Li Cao Li Hong Kong banks and brokers reported keen interest in the latest batch of Silver Bonds compared with last year after subscriptions opened on Monday. HSBC, the biggest of the city’s three currency-issuing banks, said application volumes and values were higher compared with the first day of sales last year. “The share of digital submission continues to grow,” a spokesperson said. “Separately, around 30 per cent of the applicants are new investors in the Silver Bonds programme with us.” Futu... https://www.scmp.com/business/banking-finance/article/3325625/hong-kongs-hk50-billion-silver-bonds-attract-senior-citizens-amid-rate-cut-expectations?utm_source=rss_feed https://www.scmp.com/business/banking-finance/article/3325625/hong-kongs-hk50-billion-silver-bonds-attract-senior-citizens-amid-rate-cut-expectations?utm_source=rss_feed Mon, 15 Sep 2025 12:30:13 +0000 Yulu Ao Yulu Ao Futu Holdings is expanding its footprint in Hong Kong with the opening of its first flagship store and inaugural Institutional and Private Wealth Services centre in Causeway Bay, underscoring the online brokerage’s ambition to capture the city’s growing base of high-net-worth clients. The new centre, occupying two floors with a combined area of more than 7,000 sq ft (650 square metres) on Russell Street opposite Times Square, officially opens on Friday . It marks Futu’s eighth permanent service... https://www.scmp.com/business/china-business/article/3323439/futu-opens-flagship-branch-retail-high-street-tap-hong-kongs-stock-market-bull-run?utm_source=rss_feed https://www.scmp.com/business/china-business/article/3323439/futu-opens-flagship-branch-retail-high-street-tap-hong-kongs-stock-market-bull-run?utm_source=rss_feed Thu, 28 Aug 2025 23:30:08 +0000 Aileen Chuang Aileen Chuang ChinaAMC (HK), the Hong Kong arm of Chinese fund house China Asset Management, launched the world’s first yuan-denominated tokenised fund on Thursday, aligning with the city’s regulatory framework for stablecoins, which is expected to stimulate demand for digital assets. While a yuan stablecoin is currently unavailable, mainland Chinese officials have softened their stance on digital currencies and the broader digital asset space. With Hong Kong’s stablecoin ordinance taking effect from August... https://www.scmp.com/business/banking-finance/article/3318571/chinaamc-launches-worlds-first-tokenised-yuan-fund-amid-hong-kong-stablecoin-push?utm_source=rss_feed https://www.scmp.com/business/banking-finance/article/3318571/chinaamc-launches-worlds-first-tokenised-yuan-fund-amid-hong-kong-stablecoin-push?utm_source=rss_feed Thu, 17 Jul 2025 08:26:38 +0000 Salina Li Salina Li Skechers, an American footwear and apparel company, is taking advantage of a slump in Hong Kong’s retail market by filling a space previously occupied by high-end Swiss watchmaker Patek Philippe on Causeway Bay’s Russell Street, one of the city’s most expensive shopping strips. A 1,036 sq ft shop on the ground floor of 50-52 Russell Street was leased to Skechers for three years at a monthly rent of HK$360,000 (US$45,860), or HK$347 per square foot, according to Rickey Chan, managing director of... https://www.scmp.com/business/article/3318335/skechers-take-over-former-patek-philippe-space-causeway-bays-russell-street?utm_source=rss_feed https://www.scmp.com/business/article/3318335/skechers-take-over-former-patek-philippe-space-causeway-bays-russell-street?utm_source=rss_feed Wed, 16 Jul 2025 00:30:07 +0000 Aileen Chuang Aileen Chuang Hong Kong has surged ahead of its global rivals with its landmark stablecoin law, setting the stage for a boom in digital assets and an injection of fresh liquidity into the market, according to brokers. “We’re seeing a significant trend in investments related to stablecoins on our platform, which highlights the growing importance of this sector,” said Daniel Tse, managing director of Futu Securities International, Hong Kong’s largest online brokerage firm, in a written interview on... https://www.scmp.com/business/banking-finance/article/3313390/hong-kongs-stablecoin-law-opens-floodgates-boom-digital-assets?utm_source=rss_feed https://www.scmp.com/business/banking-finance/article/3313390/hong-kongs-stablecoin-law-opens-floodgates-boom-digital-assets?utm_source=rss_feed Mon, 09 Jun 2025 00:30:10 +0000 Salina Li Salina Li Russell Street in Causeway Bay, one of Hong Kong’s most expensive retail strips, has been witnessing a rapid churn in tenants amid rising rents and lukewarm sales. The latest casualty of the city’s dour retail scene is Prince Jewellery & Watch, which recently closed its flagship shop after 21 years. Prince Jewellery’s decision to close its 1,800 sq ft street-level shop at 58 Russell Street and at 69 Percival Street came after the landlord decided to raise the monthly rent to about HK$2 million... https://www.scmp.com/business/article/3307478/100-rent-hike-forces-prince-jewellery-leave-hong-kongs-russell-street-after-21-years?utm_source=rss_feed https://www.scmp.com/business/article/3307478/100-rent-hike-forces-prince-jewellery-leave-hong-kongs-russell-street-after-21-years?utm_source=rss_feed Wed, 23 Apr 2025 00:30:08 +0000 Enoch Yiu Enoch Yiu E-commerce platform operator PDD Holdings and securities brokerage Futu Holdings are among 27 US-listed Chinese firms that could meet the listing requirements in Hong Kong, leaving at least 170 others at risk of being ejected from American stock exchanges, Goldman Sachs said. These 27 firms, which have a combined market capitalisation of US$191 billion, could either go for dual-primary or secondary listing in the Asian financial hub, the Wall Street investment bank said in a report on Wednesday.... https://www.scmp.com/business/markets/article/3307299/pdd-futu-meet-hong-kong-listing-rules-170-firms-face-us-delisting-risk-goldman?utm_source=rss_feed https://www.scmp.com/business/markets/article/3307299/pdd-futu-meet-hong-kong-listing-rules-170-firms-face-us-delisting-risk-goldman?utm_source=rss_feed Tue, 22 Apr 2025 00:30:08 +0000 Fan Chen Fan Chen A DeepSeek-powered chatbot launched in March by Hong Kong’s largest online broker Futu Securities International offered the following advice when asked how conglomerate CK Hutchison’s recent attempt to sell strategic ports in Panama and other countries would affect its stock price. “Short-term traders to stay cautious and observe stock price stabilising above the 5-day moving average,” the Futubull artificial intelligence (AI) chatbot said in a demo. “Long-term traders, instead, should build... https://www.scmp.com/business/companies/article/3305164/hong-kong-online-broker-futu-launches-deepseek-powered-tools-investors?utm_source=rss_feed https://www.scmp.com/business/companies/article/3305164/hong-kong-online-broker-futu-launches-deepseek-powered-tools-investors?utm_source=rss_feed Fri, 04 Apr 2025 05:00:10 +0000 Cheryl Arcibal,Enoch Yiu Cheryl Arcibal,Enoch Yiu Futu Securities International (Hong Kong) has scooped up a prime retail space in Hong Kong’s Causeway Bay, according to market sources, as one of China’s fastest-growing online brokers doubles down in one of the world’s most expensive retail areas to prepare for a bull run in the stock market. Futu will occupy the street-level space in Soundwill Plaza on Russell Street that was left vacant since February by the Transformers: The Ark restaurant. The broker could be paying HK$1.2 million... https://www.scmp.com/business/article/3304955/futu-rents-prime-causeway-bay-address-online-broker-prepares-stock-market-bonanza?utm_source=rss_feed https://www.scmp.com/business/article/3304955/futu-rents-prime-causeway-bay-address-online-broker-prepares-stock-market-bonanza?utm_source=rss_feed Thu, 03 Apr 2025 00:30:08 +0000