Futu officially enters the Australian market and expands its international version
On March 8, Futu Holdings Ltd (NASDAQ:FUTU), a digital financial technology company, announced that the subsidiary entered the Australian market to provide one-stop online securities investment services to local markets. As Asia Pacific is an important financial market for the world, the Australian market has become a key location for Futurity's international strategy.
On the understanding that with FutuWay in Australia, individual investors in Australia can trade Australian, US stocks and ETFs through Moomoo without further support for Hong Kong and Singapore stock exchange. At the same time, moomoo provides investors in Australia with professional intelligent analysis tools, real-time in-depth emotional data and a wealth of financial information to help investors connect with their investment opportunities.
In addition, moomoo will provide Australian investors with an online interactive community that supports learning and communication, where investors can watch investment courses, learn investment knowledge, exchange investment experiences and share their investment experiences on the go.
Futu chose Australia as its next international destination due to the Australian market's relationship with Futu. On the one hand, the Australian market space is wide, according to the Australian Investor Survey 2020 published by The Australian Investor Survey (AOC). There are 19.4 million individual investors in Australia among 9 million adults, and 0.9 million are projected to have invested in less than a year.
On the other hand, Australian local investors are getting younger, with more and more young investors entering the investment market, interested and more accepting of convenient, convenient ways to invest online. The report shows that a quarter of those who have started investing in stocks in the last two years are new-generation investors, while 27% of potential investors are under the age of 25. While the use of online investment platforms is also gradually accelerating, with one in five investors using online investment platforms. At the same time, usage may increase further in the future, with 31% of investors planning to start using online investment platforms.
Paying tribute to innovative technology and friendly product experience, it builds on the successful experience of the US and Singapore markets. Futui will rely on high-quality investment experience for the Australian market, and the continued development of the Australian market will be an important growth engine for Futu.
As Asia Pacific is an important financial market globally, Australia is one of the leading destinations behind the United States and Singapore in the international strategy of Futuro. Since its inception, Futui has focused on technology-changing investment experiences, serving investors around the world, bringing China's financial technology products and Internet-based services philosophy overseas.
Comments (63)
to post a comment
162
270