Futu announces investment grade rating from s&p global ratings

Hong kong, june 03, 2021 (globe newswire) -- futu holdings limited (“futu” or the “company”) (nasdaq: futu), a leading tech-driven online brokerage and wealth management platform in china, today announced s&p global ratings (“s&p”) has assigned an investment grade long-term issuer credit rating “bbb-” to the company. the outlook on the long-term rating is stable. a “bbb” gcp (group credit profile) has also been assigned. the rating on futu reflects the company's leading market position in the hong kong brokerage market, strong capitalization with solid financing standing, and prudent risk controls.
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