Why Futu Holdings Shares Are FallingBenzinga • almost 2 years ago---
- 'Futu Holdings Ltd (NASDAQ: FUTU) shares are trading lower following a report on
Nasdaq''s website titled ''Chinese online brokers Futu and UP Fintech face regulatory
risks - People''s Daily website.'' "Such brokerages, which help mainland Chinese
individuals invest in overseas markets such as the United States and Hong Kong,
could violate data privacy rules and also runs compliance risks," the report on
Nasdaq''s website highlights.'