Banks and Securities Both Promote High Returns: Futu's Cash Plus offers around 9.7% Average Annual Returns becomes the Hot-Pick Choice for Customers

(Hong Kong – 7 November, 2023) With the market buzzing with high-interest rates and unpredictable fluctuations, several banks are scrambling to boost their annual deposit rates. Recognizing the growing reliance of investors on high-interest deposits, Futu Securities International (Hong Kong) Limited ("Futu") has introduced a new Cash Plus offer with an impressive average annual return rate of around  9.7%. This move caters to the growing number of investors turning to fixed-term deposits and high-interest savings plans, providing them with a stable investment option in the current market landscape. Cash Plus stands out for its low entry requirements, reliable returns, and adaptable cash management strategies.

Cash Plus: Low Barriers, Steady Returns, and Flexibility Gain Over 120,000 Customers
Cash Plus, a brand of Futu's money market funds, primarily invests in government short-term bonds and bank fixed-term deposits. It serves as a secure and accessible short-term investment option, allowing individuals to start with as little as HKD 100. With a consistent annual return rate of around 4.7%, new customers can enjoy 5% welcome rewards. For example, an immediate deposit of HKD 100,000 to experience Cash Plus could yield an annual return of HKD 5,700. Moreover, Cash Plus allows flexible fund withdrawals without any fixed commitment period. Over the past year, it has achieved an impressive 100% positive return, generating a total profit of HKD 564 million for its customers by the first half of 2023. It's no surprise that over 120,000 customers have included Cash Plus in their fund portfolios.

Mr. Daniel Tse, Managing Director of Futu Securities, said:  "Futu has always been dedicated to meeting investors' needs by providing outstanding products and services, regardless of market conditions. In the current turbulent market, our new Cash Plus offer enables customers to explore diverse opportunities for enhancing their cash reserves, while ensuring stability and minimal risk. Looking ahead, Futu remains committed to refining our existing offerings and services, growing alongside our investors, and continuously striving to increase the value of our customers' portfolios."