Futu Securities – Charm

Zhejiang Sanhua shares fall in Hong Kong debut, first drop in 2025’s club of billion-dollar IPOs

Cs news4 days ago02 mins

Chinese heating systems supplier Zhejiang Sanhua Intelligent Controls had a tepid trading debut in Hong Kong on Monday, with investors selling shares following the initial public offering (IPO) frenzy. Trading under the code 2050, the stock began trading at HK$20.95 amid a declining market, 7.2 per cent lower than its offer price of HK$22.53, in…

Hong Kong online broker Futu launches DeepSeek-powered tools for investors

Cs news3 months ago02 mins

“Short-term traders to stay cautious and observe stock price stabilising above the 5-day moving average,” the Futubull artificial intelligence (AI) chatbot said in a demo. “Long-term traders, instead, should build positions in batches as low valuation (price-earnings ratio 9.96, price-to-book ratio 0.32) and high dividend yield provide a margin of safety.” The bot also advised…