Hong Kong–based online brokerage Futu's stock soars 39.5% in trading debut
Shares of Hong Kong online brokerage Futu Holdings Ltd. futu soared 39.5% in their trading debut Friday, after the company priced its initial public offering at the high end of its range. The company sold 7.5 million American Depositary Shares at $12 each to raise $90 million.
See Full Story Futu is the first big Chinese IPO of 2019: 5 things to know about the online brokerage Futu Holdings Ltd., a Hong Kong-based, online brokerage that is backed by Chinese internet giant Tencent Holdings Ltd., has become the first big Asian initial public offerings of 2019. Have breaking news sent to your inbox. Subscribe to MarketWatch's free Bulletin emails. Sign up here.
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