Futu Holdings is trading 10% up at $124.06 after its August 20, 2026, second-quarter results substantially exceeded expectations.
- Revenue reached HK$7.20 billion, up 35.6% year over year, while net income rose 41.6% to HK$3.64 billion.
- Record trading volumes, stronger U.S. activity, client growth, and higher interest income reinforced the bullish reaction.
- Deutsche Bank maintained Buy and raised its price target to $148.