3Q24_ Overseas Growth on Track; Special Dividend a Positive Surprise
SpyCloud·2024-11-23 00:18
M Update Futu Holdings Ltd | Asia Pacific November 19, 2024 02:38 PM GMT 3Q24: Overseas Growth on Track; Special Dividend a Positive Surprise Better-than-expected client asset increase helped by market rally; overseas inflows continued to surpass HK$10bn. US $280mn special dividend shows confidence on balance sheet strength to both drive growth and reward shareholders. Key Takeaways Client assets rose 48% yoy to HK$693bn,~7% above consensus. Asset inflows remained strong – likely ~HK$45bn, while market appr ...