富途控股2023年一季度报告

Futu Announces First Quarter 2023 Unaudited Financial ResultsMay 24, 2023HONG KONG, May 24, 2023 (GLOBE NEWSWIRE) -- Futu Holdings Limited (“Futu” or the “Company”) (Nasdaq: FUTU), a leading tech-driven onlinebrokerage and wealth management platform, today announced its unaudited financial results for the first quarter ended March 31, 2023.First Quarter 2023 Operational HighlightsTotal number of paying clients1 increased 15.2% year-over-year to 1,528,103 as of March 31, 2023.Total number of registered clients2 increased 13.5% year-over-year to 3,304,758 as of March 31, 2023.Total number of users3 increased 10.5% year-over-year to 20.0 million as of March 31, 2023.Total client assets increased 20.6% year-over-year to HK$465.5 billion as of March 31, 2023.Daily average client assets were HK$453.0 billion in the first quarter of 2023, an increase of 16.7% from the same periodin 2022.Total trading volume in the first quarter of 2023 declined 7.8% year-over-year to HK$1.2 trillion, in which trading volumefor U.S. stocks was HK$827.6 billion, trading volume for Hong Kong stocks was HK$372.2 billion, and trading volume forstocks under the Stock Connect was HK$20.0 billion.Daily average revenue trades (DARTs)4 in the first quarter of 2023 declined 13.7% year-over-year to 514,105.Margin financing and securities lending balance increased 35.3% year-over-year to HK$34.5 billion as of March 31,2023.First Quarter 2023 Financial HighlightsTotal revenues increased 52.3% year-over-year to HK$2,499.9 million (US$318.5 million).Total gross profit increased 56.3% year-over-year to HK$2,209.0 million (US$281.4 million).Net income increased 108.4% year-over-year to HK$1,191.8 million (US$151.8 million).Non-GAAP adjusted net income5 increased 103.8% year-over-year to HK$1,268.0million (US$161.5 million).Mr. Leaf Hua Li, Futu’s Chairman and Chief Executive Officer, said, “As of quarter end, total paying clients grew 15.2% year-over-year to over 1.5million. Hong Kong market contributed over one-third of new paying clients in the first quarter as client acquisition accelerated during the equity marketrally in January. Paying client growth in Singapore remained resilient as we continued to build brand awareness through offline investor educationevents and catered to investor demand for lower risk fund products. We introduced new products in various markets, including 24/5 U.S. stock tradingin Hong Kong, leveraged foreign exchange trading in Singapore which enables trading 36 major currency pairs on margin, and multi-leg optionsstrategy orders for U.S. stocks in the U.S. As we continued to expand product offerings and enhance user experience, we recorded another quarter ofrobust paying client retention rate of over 98% despite market weakness and headline regulatory news.”“Total client assets increased by 20.6% year-over-year and 11.5% quarter-over-quarter to HK$465.5 billion. The growth was mainly due to highermarket valuation on clients’ stock holdings, and to a lesser extent, net asset inflow. In Singapore, total client assets and average client assetsincreased by 28% and 22% quarter-over-quarter, respectively, attributable to solid net asset inflow across client cohorts and favorable U.S. equitymarket performance.”“Total trading volume increased 11.9% sequentially to HK$1.2 trillion. Higher trading turnover in U.S. technology names led U.S. stock trading volumeto increase 22.6% quarter-over-quarter to HK$827.6 billion. Hong Kong stock trading volume declined 6.2% sequentially to HK$372.2 billion as theequity market correction since February weighed on investor sentiments. We observed elevated margin financing and securities lending activitiesaround technology stocks, sending the balance up by 29.6% sequentially to HK$34.5 billion at quarter end.”“Total client assets in wealth management grew HK$5.4 billion in the quarter to reach HK$37.0 billion, representing a 77.4% growth year-over-yearand 17.2% growth quarter-over-quarter. In Singapore, we ended the quarter with a 69% sequential increase in total client assets as money marketfunds continued to gain traction. As of quarter end, 15% of our paying clients in Singapore held wealth management products, up from 1% in theyear-ago quarter. In terms of new product offerings, we launched bond trading in Singapore and fixed coupon notes (FCNs) and digital notes forprofessional investors in Hong Kong, which led to a five-fold jump in structured product asset balance.”“We had 353 IPO distribution and IR clients as well as 662 ESOP clients as of quarter end, up 37% and 44% year-over-year, respectively. We acted asjoint lead managers for several high-profile HK IPOs, including those of Beauty Farm Medical and Health Industry Inc. and YH Entertainment Group.”“We are also pleased to announce that our wholly-owned Malaysia subsidiary, Futu Malaysia Sdn. Bhd., has received the approval-in-principle for theCapital Markets Services License (CMSL) from the Securities Co