US Stock Movement | Futu Holdings Limited (FUTU.US) Rises 3% as Morgan Stanley Sees Crypto Business Driving Long-term Incremental Monetization

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Oct 08

On Wednesday, Futu Holdings Limited (FUTU.US) gained 3%, trading at $176.39. Morgan Stanley previously released a report stating that the company's customer acquisition has not been significantly impacted since discontinuing account opening for existing mainland clients. The company's growth will primarily come from overseas markets and crypto services, with the latter expected to drive long-term incremental monetization. Morgan Stanley maintains an "Overweight" rating on Futu Holdings Limited with a target price of $210.

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Morgan Stanley previously released a report stating that the company's customer acquisition has not been significantly impacted since discontinuing account opening for existing mainland clients. The company's growth will primarily come from overseas markets and crypto services, with the latter expected to drive long-term incremental monetization. Morgan Stanley maintains an \"Overweight\" rating on Futu Holdings Limited with a target price of $210.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU0348767384.USD","symbol_name":"ALLIANZLITTLE DRAGONS \"A\" (USD) ACC","start_time":0,"source_url":"","article_id":"1132780272","we_media_id":"1036600163","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1132780272","pubTimestamp":1759937774,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Stock News","introduction":"Global Stock News First-Time Broadcast","home_visible":1,"id":"1036600163","head_image":"https://community-static.tradeup.com/news/b3bf6d02ad1a6e9e7377eebbb162346a"},"summary":"On Wednesday, Futu Holdings Limited (FUTU.US) gained 3%, trading at $176.39. 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