Yu Fan's questions to Futu Holdings Ltd (FUTU) leadership • Q2 2025
Question
Yu Fan from CICC requested an outlook for the third quarter regarding client acquisition, net asset inflow, and trading volume. Additionally, the analyst asked for more specific data on the U.S. market's growth and the company's future plans and targets for the region.
Answer
Head of IR Jingyu (Daniel) Yuan provided a Q3 outlook, stating that based on current run rates, the company expects steady quarter-over-quarter growth in new funded accounts and that total client AUM should continue to grow. He also noted a chance for trading volume to increase again. For the U.S. market, Yuan highlighted a 'positive flywheel' effect, with five consecutive quarters of growth in options trading, and pointed to the NY Mets partnership and the launch of crypto trading as key strategic initiatives driving growth.