Futu Holdings Ltd ADR Dossier
Outlook & Key Dates
Estimates, guidance, catalysts, and upcoming events
Analyst Estimates Learn more →
5-Yr Fwd EPS Growth
12.9%projected annual EPS growth
Analyst Coverage
18analysts covering
FY EPS (est.)
$9.14next fiscal year
Monitoring Framework
Key Performance Indicators
Total Number of Funded Accounts Quarterly3.6MTarget: 800,000 net new funded accounts in FY2026
Total Client Assets (HKD) Quarterly1.2T
Total Trading Volume (HKD) Quarterly4.2T
Margin Financing and Securities Lending Balance (HKD) Quarterly72.9B
Watch Items
- CSRC Administrative Penalty Execution and Mainland Account Wind-downTrigger: Finalization of the proposed RMB 1.85 billion penalty and progress of the 2-year mainland client account wind-downAction: Monitor impact on average AUM per client, potential client asset outflows, and follow-on regulatory actions from the CSRC or SFC.
- Overseas Expansion and Customer Acquisition Costs (CAC)Trigger: CAC escalation in newly entered markets (Japan, Malaysia, Canada, and upcoming Q3 2026 market launch)Action: Evaluate the efficiency of international marketing spend and the pace of funded account growth outside of Hong Kong and Singapore.
- PantherTrade Virtual Asset Platform ScalingTrigger: SFC VATP second-phase license operationalization and retail crypto trading volume growthAction: Track crypto trading volume penetration and its contribution to non-interest fee income.
Research as of 2 Sep 2026