Futu Holdings Limited (「Futu」 or the 「Company」) (Nasdaq: FUTU), a leading tech-driven online brokerage and wealth management platform, is pleased to announce that it has maintained a 「bbb」 GCP (group credit profile) and 「BBB-」 investment grade long-term issuer credit rating with Standard & Poor’s (S&P) for the second consecutive year. Furthermore, S&P reaffirmed its stable outlook on Futu, anticipating the company to sustain its market leadership. 

S&P’s report underscored Futu's satisfactory market position in Hong Kong's online brokerage sector, strong capitalization, as well as improvements in product diversification and geographical reach. The stable outlook by S&P reflects the firm’s confidence in Futu to sustain its market position and adequate funding profile. S&P also expects Futu to maintain its risk appetite, underwriting standards, and good loan quality while it expands its business scope and geographic reach over the next 24 months.

Being one of the three major global rating agencies, S&P offers third-party forward-looking opinions about a company’s relative creditworthiness. In S&P's rating system, companies rated BBB- or higher are considered investment-grade, which means they are considered to be capable of meeting financial commitments and have relatively low credit risk.

Mr. Leaf Hua Li, the founder of Futu Securities, said, 「Despite the complex market environment, Futu continues to be rated "investment grade" by S&P demonstrating its remarkable balance sheet management capabilities and stable operations. It not only cements Futu’s strong business momentum and leading position as a technology brokerage in the Hong Kong market, but also recognizes Futu’s achievements in product offerings and international markets expansion. Leveraging its stable operational capabilities and leading technologies, Futu will continuously deepen its internationalization and business diversification strategies in line with the prudent risk management guidelines, to become a globally influential financial service platform.」