Futu opens flagship branch on retail high street to tap Hong Kong’s stock market bull run

Futu opens flagship branch on retail high street to tap Hong Kong’s stock market bull run

Futu Holdings is expanding its footprint in Hong Kong with the opening of its first flagship store and inaugural Institutional and Private Wealth Services centre in Causeway Bay, underscoring the online brokerage’s ambition to capture the city’s growing base of high-net-worth clients. The new centre, occupying two floors with a combined area of more than…

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

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

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…

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