Hong Kong-Based Online Brokerage Futu Holdings To Raise $120M In Downsized US IPO

Futu Holdings Limited, a Hong Kong-based online brokerage backed by Tencent, is seeking to raise US$120 million in an initial public offering (IPO) in the U.S., largely shrunk from the US$300 million it initially targeted last December, according to an amended document filed with the SEC on early Wednesday.

China Money Network

UNLOCK DATA
Subscribe & Access the Best Data and Intelligence on Chinese Venture Capital and Tech


Register Now

Want to read this important story?

Access thousands of news articles and data posts over the past 9 years!


Already have an account or paid subscription? Log in

LEAVE A REPLY