Hitting the milestone of 100,000! Futu Singapore's paying client count has exceeded 0.1 million, embarking on a new journey of internationalization.

Since its launch in Singapore on March 8, moomoo has quickly gained popularity in Singapore with its friendly user interface, excellent product experience, and thoughtful customer service. It has become a beloved technology brokerage platform among local investors. moomoo provides customers with an all-in-one online platform integrating trading, market quotes, news, and social features, offering free online account opening, cross-market multi-asset trading, real-time quote opening, in-depth industry analysis, and rich financial news, meeting the dual needs of investors for learning and financial management.

Leaf Li, the founder, chairman, and CEO of futu holdings ltd, said:"The number of paying clients in futu Singapore has exceeded the 0.1 million mark, marking another important milestone in our international business expansion and highly confirming the competitiveness and influence of futu's products globally. With the penetration of internet finance and the continuous rise of young cohorts, online investments featuring mobility and social aspects have become a global trend. As a leading technology brokerage, futu has accelerated the development of overseas markets by creating an all-in-one online investment platform, transmitting China's financial technology products and internet service concepts overseas, allowing global investors to enjoy high-quality Chinese financial technology services."

According to a survey conducted by futu on the Y and Z generations of customers on the platform, the new generation of young investors has a strong sense of autonomous investment and prefers to use online investment platforms to develop and implement financial plans suitable for their investment styles. In addition, the social attributes of the internet generation have penetrated into the field of investment, with 11.6% of the Y generation and 9.7% of the Z generation being keen to share gains and losses on the platform. Over the past year, the Z generation has interacted in the futubull community 17.5 times, much higher than the Y generation's 13.9 times, demonstrating a stronger interest and demand for interaction.

Futu has always been close to the investment needs of the new generation of investors, practicing the concept of "making investment simpler and less lonely", collaborating with global investors to create a global interactive exchange ecosystem spanning markets and regions. On Futu's platform, investors can not only trade, view market information, but also comment on individual stocks, share insights in the futubull community, exchange investment experiences and insights with over 14 million other investors, experts, and KOLs worldwide. At the same time, they can watch live performances of excellent domestic and foreign companies, take online investment courses, understand investment symbols, and learn about investment knowledge.

The ultimate investment service and internet-based product interaction experience have helped futu quickly capture the minds of young investors in overseas markets, standing out in markets like Singapore. It is understood that moomoo rose to second place in the financial category App rankings on the Singapore App Store within a week of its launch in Singapore, second only to DBS Bank's mobile banking app. Currently, moomoo ranks high on various major app store rankings in Singapore, briefly rising to number one on the Singapore App Store's overall list by the end of April.

On April 30, moomoo rose to the top of the charts on the Singapore App Store and Google Play Store.

Leaf Li said: "Globalization and internationalization have always been the direction that Futu has been striving for. While delivering high-quality Chinese products and services overseas, Futu has also been committed to connecting global investors with Chinese new economy enterprises, showcasing the concept and value of excellent new economy Chinese companies to global investors. Currently, investors from over 200 countries and regions worldwide, including Singapore, learn about, follow, and invest in Chinese new economy companies through the Futu platform. We also believe that with the rapid growth of overseas clients, the value of Futu as a platform connecting global investors with Chinese new economy enterprises will be further highlighted."”

As of the first quarter of 2021, Futu has over 14 million registered users globally, 1.96 million account opening clients, and 0.79 million paying clients. In the first quarter, the proportion of net increase in paying clients among clients in China, Hong Kong, Singapore, and other overseas clients exceeded 70%.