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Futu charges ahead in Singapore in stepped-up global expansion

The online broker’s client assets under management in the city state posted a fourth consecutive quarter of sequential double-digit gains in the three months to June.

This article only represents the author's own views.

It’s all sunny in Singapore these days for Futu Holdings Ltd. (FUTU.US).

The online stock broker’s latest quarterly results show it’s making good progress in its efforts to establish a presence in the Lion City. For investors, this should be a promising sign that some of Futu’s global expansion plans are bearing fruit as the company continues to enter new markets to accelerate growth and diversify its customer base.

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