Futu: In A Bull Rush, Buy The Brokerage That Sells Shovels

  • Futu is a compelling long-term buy, benefiting from robust retail trading, strong IPO activity, and expanding international presence through Moomoo. Q1 2025 results exceeded expectations, with significant growth in revenue, net income, and funded accounts, signaling strong operational momentum. Expansion into cryptocurrencies and continued overseas growth position Futu to surpass management's 2025 account guidance and diversify revenue streams.