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HSI1 | 22,849.52 | +73.60 | 146.83B |
HSCEI1 | 8,303.61 | +3.36 | 56.83B |
Back Zoom + Zoom - Block Traded | |
2025-04-28 11:59:37 (1) Market Access for Hong Kong Clients BRIGHT SMART (01428.HK) - Offers Hong Kong clients trading access to Hong Kong, US, A-share (northbound), Japan, Singapore, Taiwan, Australia, and UK stock markets. BRIGHT SMART does not operate in other regions. Futu - Offers clients trading access to Hong Kong, US, A-share (northbound), Japan, and Singapore stock markets. Futu Moomoo also operates in Japan, the US, Australia, Canada, and Malaysia. ---------------------- (2) Key Products and Functions on Mobile Apps BRIGHT SMART - Primarily focused on trading (including stocks, ETFs, options, but excluding cryptocurrency trading), with limited information such as news and financial data. No fund products found on BRIGHT SMART's platform. Futu - Offers trading (including stocks, ETFs, options, and cryptocurrencies), news and analysis, investor community, investor education, and wealth management. Futu has introduced fund products from over 100 global financial institutions. ---------------------- (3) Number of Clients BRIGHT SMART -571,000 client accounts in Hong Kong as of 3Q24. Futu -Over 2.2 million paying clients at the group level, and, as estimated by JPMorgan, around 800,000 to 1 million clients in Hong Kong. ---------------------- (4) Clients' Assets Under Management (AUM) BRIGHT SMART -$59.5 billion clients' AUM, all from Hong Kong clients. Futu -$722 billion at the group level, and estimated around $350-400 billion from Hong Kong clients. ~ AAStocks Financial News Web Site: www.aastocks.com |