Futu Holdings rose more than 5%, and JPMorgan Chase raised its target price to US$160
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最新报道：According to the news from Bijie.com, on July 9 (UTC+8), the share price of Futu Holdings (FUTU.US) rose by more than 5% to $137.32. Morgan Stanley raised Futu's target price to $160. Analysis pointed out that Futu is expected to complete the upgrade of Hong Kong's No. 1 license in July 2024 and provide crypto asset trading services to retail investors in Hong Kong. In addition, Futu's Cheetah plans to officially obtain the VATP license issued by the Hong Kong Securities Regulatory Commission in January 2025. It is expected that by 2027, the company's spot trading will bring in an additional HK$3.4 billion in revenue, and if stablecoin and derivatives trading are approved, it can also add HK$1.6 billion in revenue.
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