April 12, 2022 (Hong Kong) – Futu Holdings Limited (“Futu” or the “Company”) (Nasdaq: FUTU), a leading tech-driven online brokerage and wealth management platform focusing on global investors, announced two good news. The number of global users of has surpassed over 18 million, an increase of nearly 40% Y.O.Y., which Futu has once again been proved popular in global market. Meanwhile, as of March 23, 2022, the assets under management (AUM)of Futu Money Plus reached HKD20 billion and added over 250,000 clients.
Futu Money Plus is a global asset management platform under Futu Securities International, which aims to provide an extraordinary user experience via building a seamless global asset allocation platform and realizing a one-stop online trading platform that integrates stock investment and wealth management. Futu Money Plus now supports zero subscription and redemption fees for mutual fund products and offers an attractive subscription fee for private funds products, with very low investment thresholds, as little as 0.01 HKD/USD. Futu Money Plus has been striving to upgrade its product functions and recently launched some new functions, including automatic sweeping of cash balances, automatic investment plans, preset orders, portfolio investing etc. To further optimize the investor experiences and cater to the investor needs.
Futu Money Plus has already accumulated 250,000 customers and partnered with over 60 world-renowned financial institutions within three years since its establishment in 2019, and successfully built a comprehensive ecosystem composed of the three parties, including investors, asset management companies, and Futu, to provide quality products and services to the investors.A dditionally, Futu has also engaged in advocating the investor education by initiating the online "Futu Funds Festival" with our partners, including Fidelity, Morgan Stanley, Franklin, and other prominent financial institutions, organizing a total of 18 live tutorials and resulting in 210,000 views and over 1.8 billion HKD of fund subscriptions as a direct result.
![Top Five Futu Money Plus funds [1]](https://static.futunn.com/upload/website_articles_futuoa/assets/1716365801.jpeg)
Mr. Leaf Hua Li, Futu's Founder, Chairman, CEO & Chairman of the Technology Committee, said: "We are thankful for becoming the most favored seamless investment and wealth management platform in HK and foreign markets. We sincerely believe that such achievement is caused by our insistence on a customer-centric approach to clients from Hong Kong and other overseas markets and our customers and partners' tremendous trust and support. Futu Money Plus aims to provide global investors with an integrated stock investment and wealth management seamless asset allocation platform, facilitate their transactions to the greatest extent, and promote investor education. With our leading position as an Internet brokerage and our attitude of striving for excellence, we believe that we will be able to achieve another breakthrough to provide investors with better products and services and comprehensive investor education.”
[1]Information was derived from client trading data on Futu platform from 4 April 2022 to 10 April 2022. Based on the number of purchasers
