Futu won the Private Wealth Innovation Award to create a new experience for high-net-worth customers
(Hong Kong - September 30, 2024) Recently, the 2024 list of the Capital Excellent Banking and Finance Awards organized by Capital “Capital Magazine” was officially announced. With its outstanding fintech innovation technology and digital product service experience, Futu Securities (Hong Kong) won the “Outstanding Technological Innovation Private Wealth Management Agency Award” by it for the first time, fully certifying Futu's brand strength in the Hong Kong fintech sector and representing market recognition for Futu's private wealth management business.
The award, organized by the well-known financial media Capital “Capital Magazine”, aims to recognize the contributions and achievements of outstanding banks and financial institutions in Hong Kong to Hong Kong's financial development. As one of the most famous and authoritative awards in the financial industry, the award has been held until the 15th. Industry figures have selected leaders with strong technological strength in the financial field through various dimensions, such as overall performance, service quality, and reputation.
Since its establishment, Futu has always insisted on empowering finance with innovative technology and leading the development and innovation of the industry. Through full-line self-research, we have built a one-stop global investment and financial management platform to continuously optimize the product experience in every transaction process, and have been widely supported and recognized by investors in Hong Kong. Since 2020, the Futubull Niu App has long been at the top of the list of Hong Kong stock trading apps* in terms of number of downloads. In the second quarter, net capital from Hong Kong customers and new capital from high-net-worth customers both reached double-digit month-on-month growth. The home-based business also brought additional capital contributions to Hong Kong, and Futu's diversified business layout continued to advance.
As a business brand under Futu, Futu Private Wealth Management (Private Wealth Management) uses technology as its core driving force, integrates innovative technology and traditional private banking service models to provide high-net-worth investors with personalized and specialized global integrated financial services, bringing an upgraded experience of private technology investment. In terms of comprehensive services, Futu Private Finance launched a 1+1+N service system, that is, the teamwork of 1 exclusive consultant, 1 investment and research expert, and N field experts to meet the customized asset allocation needs of customers and provide full life cycle services including financial planning, investment immigration, and family inheritance around individual customers, families, and enterprises. Empowered by technology, through a one-stop online investment and financial management platform, Futu Private Wealth provides comprehensive securities account services, covering various types of investment products in the global financial market, so that customers can manage their finances and conduct transactions anytime, anywhere. In addition, the Futu Trust platform introduced online signing tools and instant simultaneous asset management functions, greatly simplifying the family inheritance planning process and improving management efficiency on the premise of ensuring a high level of customer information security.
Recently, Futu Private Wealth conducted a study on the wealth management preferences of high-net-worth people in Asia. The survey found that nearly 70% of wealthy investors are confident in technology management finance. With the development of Fortune Technology and changes in customer preferences, more and more wealthy investors expect comprehensive wealth management solutions combining technology and humanity, which has created new opportunities for the private wealth management industry. As the largest technology brokerage firm in Hong Kong, Futu uses advanced platforms and technology to continuously optimize the investment experience and promote the digital transformation of private wealth management and family offices, so that customers can enjoy convenience and efficiency while receiving private-level services. In the future, Futu will also continue to provide the best comprehensive wealth management experience for independent asset management agencies, family offices, and ultra-high net worth individuals through technological innovation.
*Based on data.ai comparison of stock trading app downloads (including Apple and Google) in the Hong Kong market from January 1, 2020 to June 30, 2024
About Futu Securities International (Hong Kong) Limited
Futu Securities International (Hong Kong) Limited is a licensed corporation approved by the Hong Kong Securities and futures Commission. Since its establishment in 2012, Futu Securities has developed rapidly and is leading the industry in the number of Hong Kong stock trading app downloads. According to open market data, Futu Securities ranks first among Hong Kong retail brokerage firms in terms of trading volume. Rooted in Hong Kong, Futu Securities is committed to technology-driven innovation, serving the market with advanced fintech and a one-stop online investment and financial management platform to implement Futu's vision of becoming an influential global financial services platform. On March 8, 2019, Futu Holdings Ltd Limited (Nasdaq: FUTU) was officially listed on the US NASDAQ Exchange and is committed to becoming an influential global financial services platform. For more information about Futu Securities, please visit the company's official website at http://www.futuhk.com
About Futu Private Wealth (Futu PWM)
Futu Private Wealth (“Futu PWM” or “Futu Private Wealth”) is a one-stop global integrated financial service platform for high-net-worth investors under Futu. Through one-on-one professional consulting services, clients can allocate global assets and enjoy exclusive investment rights, as well as comprehensive consulting on corporate, tax, and family planning. Futu Private Wealth does not have a sales orientation for traditional private banking financial services. Instead, it starts from the actual needs of customers and helps increase wealth value with consistent return momentum. For more information on Futu Private Wealth, please visit the official website Personal Wealth - Futu (Hong Kong) (http://futuhk.com)