China's Futu Holdings to sell shares for $260M
Banking Essentials Newsletter: September 18th Edition
Navigating the New Canadian Derivatives Landscape: Key Changes and Compliance Steps for 2025
Loan Platforms: Securing settlement instructions and prioritising the user experience
Getting an Edge with Services: Driving optimization by embracing technological innovation
China-based Futu Holdings Ltd. said Dec. 8 that a global investment firm agreed to acquire about 50,000,000 of its class A ordinary shares for an aggregate price of $260 million.
The technology-driven online brokerage and wealth management platform will be selling its shares in the form of prepaid warrants, subject to customary closing conditions.
